Shiba Inu Team Resolves Shibarium Outage As $SHIB Prepares For Surge
Shiba Inu developer Kaal Dhairya reported that the Shibarium network's short outage has been fixed. Validator networking problems caused the outage, which momentarily impacted Shibarium, a layer-2 blockchain solution in the Shiba Inu ecosystem.
Kaal said, “There was a temporary Shibarium outage caused by validator networking issues. Network is back online.” He further warned that although core network functioning has been restored, auxiliary services such Shibariumscan or external RPCs may continue to be disrupted until additional corrective efforts are taken.
Kaal stressed the need of infrastructure team cooperation to improve communication and operations. He advised external teams working on infrastructure-level aspects like RPC to collaborate with Shibarium. He stated, “If you're an external team working on Shibarium infrastructure (e.g., RPC, etc.), please reach out so we can streamline comms with you over shared telegram / slack channels.
Faceless Shiba Inu Price
SHIB's recent price changes are unaffected by the Shibarium outage. The four-hour SHIB/USD chart shows a symmetrical triangle pattern that has ruled the asset for weeks.
On April 12, the price broke below the triangle, signaling a downturn. SHIB quickly found support at the 100-day EMA and is currently probing the triangle's extended lower trendline.
A strong break above this level might invalidate the bearish breakout and set SHIB for a bullish surge north. However, volume activity on the chart suggests a calm trading environment without strong breakout surges.
This suggests that traders are unsure about the market's direction and waiting for further confirmation. Finally, the RSI is 67, barely below overbought. This suggests the market may rise before overextension.
If SHIB breaks above the extended lower trendline, it may rise to Fibonacci levels of 0.382 ($0.00002867), 0.5 ($0.00003203), and 0.618 ($0.00003527).
