• Shiba Inu (SHIB) shows bullish trends, indicating potential for significant price rallies.

• SHIB’s resistance at $0.0000192 could spark a surge towards $0.0000200 or higher.

• Key support at $0.0000185 remains crucial for maintaining upward momentum in SHIB.

Shiba Inu (SHIB) is making notable gains in the crypto market, showing strong potential for a significant upward surge. Recent price action suggests SHIB could be on the verge of a parabolic move.

As at press time, SHIB is priced at $0.00001906, reflecting a market capitalization of approximately $11.23 billion. It is up 1.68% for the day, with a trading volume of $324.93 million, a 5.55% increase. These metrics point to growing interest from investors.

Price Action and Key Levels

SHIB‘s performance of late has shown price fluctuations between $0.0000185 (local low) and $0.0000192 (local high). Despite these fluctuations, the overall trend appears bullish, following a brief price dip.

Read also: Shiba Inu (SHIB) Charts Suggest Potential for Larger Upward Diagonal

Source: Coinmarketcap

Hence, this upward trajectory reflects the buyers’ commitment to pushing prices higher. The critical resistan…

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