IS SHIBA INU PREPARING FOR A BULLISH RUN OR FALLING WEAK
Shiba Inu (SHIB) is showing signs of preparing for a bullish run. Analysts predict that SHIB could see significant gains if it breaks key resistance levels.
One expert even forecasts a 50% rally if SHIB rises above $0.00002800.
Additionally, SHIB's price has been experiencing a mild spike, with a 5.52% increase, reaching $0.00002584088.
The token's VWMA (10) is also flashing a buy signal, indicating that bulls have not given up yet.
However, it's essential to note that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly.
Some experts also point to a worrying 712% increase in whale sales, which could impact SHIB's price.
Key Factors to Watch:
Breakout above $0.00002800: A move above this level could trigger a 50% rally.
Whale sales: A significant increase in whale sales could impact SHIB's price.
VWMA (10) buy signal: The token's VWMA (10) is flashing a buy signal, indicating bullish momentum.