SHIB surged 15% in one day, MEME currency may be about to explode!
SHIB has achieved a significant increase of more than 15% in a very short period of time. The recent outbreak of many copycats indicates that MEME currency has finally ushered in a long-awaited strong rise after experiencing long-term stable fluctuations.
This price increase can be traced back to early August, when SHIB was in a relatively quiet period of sideways trading.
Behind this price surge is the dual support of technology and on-chain data. A crucial turning point was that SHIB successfully broke out of the downward channel that had long constrained its price since March of this year. Within this channel, the top resistance acts like a ceiling, limiting the upward price momentum many times.
However, SHIB has recently broken through this historic resistance area, releasing a strong bullish signal and indicating that the price may usher in a new round of climb.
It is worth noting that as the market further validates these former resistance levels, they may be converted into new support areas, providing a solid foundation for continued price increases.
There will be more potential coins breaking out in the future. If you want to seize this wave of copycat craze, you can 👉Click on the avatar to follow me! I will lead fans to ambush at the right place and wait for a rich harvest!
