$SHIB players must read this! ! !
Shiba Inu Price PredictionCryptocurrency analyst Cold Blooded Shiller dives into the future direction of Shiba Inu (SHIB) regarding Dogecoin. The analyst pointed out that with Dogecoin's recent bullish trend.
Coldblooded Shearer mentioned in a post on . He said that the Shiba Inu's behavior over the past few days was "abnormal". After technical analysis, he declared that the Shiba Inu is "extremely well positioned" on higher time frames (HTF).
The crypto analyst also said that on shorter time frames, Shiba Inu is “extremely strong” against Dogecoin, which he noted is “not typical.” Cold-blooded Shearer similarly said that Shiba Inu was one of the fastest and strongest market recoveries in the past 24 hours. Indeed, Shiba Inu’s performance in the past 24 hours has been remarkable. In the past 24 hours, the price of Meme has increased by more than 13%, helping it surpass Cardano and enter the 10th position of the highest market capitalization cryptocurrency. Crypto analyst and influencer Ansem also said that this is just the beginning of Shiba Inu’s bull run, saying that the meme is about to become “volatile” while sharing a chart that hints at an imminent breakout for Shiba Inu.
The rise of Shiba Inu is attributed to a number of factors, including the sentiment surrounding Ethereum spot exchange-traded funds. Ethereum-based tokens are sure to benefit from the hype generated by these funds. The international exchange Coinbase also recently announced that it will add support for Shiba Inu Perpetual Coin on its platform starting May 30.
Recent market trends have also driven double-digit gains for the Shiba Inu, with memes arguably the dominant narrative at the moment.
#ToTheMoon
