🔥💥Shiba Inu Breaks Major Resistance, Targets $0.000063
The price of Shiba Inu broke a major resistance, paving the way for a rise to $ 0.00006326 in the middle of the recent rise, which put the token among the top earners.Dec.
Shiba Inu (#SHIB ) experienced a big rise last week and achieved a tremendous gain of 380% during this period. The price increase has also led to the violation of multiple resistance levels that have historically hindered the progress of the crypto asset.
The latest of such resistance points that have been broken in the last few hours is the $0.000040 level. The Shiba Inu bulls put up a tight fight in this price zone before finally making a breakthrough.
Shiba Inu, which exceeded the threshold of $ 0.000040, rose to $ 0.00004486. This is the highest level that SHIB has traded since April 2022, just before the Terra-induced market collapse.
with the disappearance of the resistance of $ 0.000040, the next target of Shiba Inu bulls will be the price December of $ 0.00006326. The last time Shiba Inu traded above this level was in December 2021, just two months after its all-time high.
Shiba Inu Entered the Top 10
Shiba Inu has left most of the competing cryptocurrencies in the dust with its recent price increase. The blockchain project has left behind prominent names such as Chainlink (LINK), Polygon (MATIC) and Tron (TRX).
Shiba Inu entered the top Decipherment of cryptocurrencies by market value yesterday. Shiba Inu currently has a market capitalization of $24.4 billion and is on track to kill off Dogecoin, which has a market capitalization of $27.2 billion.
By the way, it is noteworthy that Shiba Inu is currently only 58% below the all-time high of $0.00008845 Dec. But as long as the current upward trend continues, the prospect of a return to an all-time high remains.
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