#shiba⚡

Shiba Inu (SHIB): Gathers Momentum for a Big Jump

Shiba Inu (SHIB) is the leading memecoin on the Ethereum blockchain, championing the dog-crypto narrative. After recent consolidation, the Shiba Inu price increased over 20% on the weekly chart. It changes hands above $0.00003, with technical indicators hinting at a huge rally.

The MACD level (12, 26) and moving averages like 10-EMA and 10-SMA suggest further price upswings. A breakout above its annual high of $0.000045 might fuel a rally above the 2021 all-time high and push it into price discovery.

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