$SHIB
🚨 Shiba Inu Price on the Verge of Major Breakout 🚨
Following in the footsteps, the Shiba Inu price has added 7.63% in 24 hours with a trading volume of $657.27 million. Adding to this, it has jumped 12.94% in seven days and 26.34% in 30 days. With a trading value of $0.00001505 and a market capitalization of $8.88 billion, it has secured the 15th position.
The Relative Strength Index (RSI) is hovering close to the overbought range and is on the verge of a breakout. Furthermore, the SMA indicator records a bullish crossover in the SHIB memecoin price chart. This suggests a positive outlook for the second largest meme-based crypto.
Breaking out of its resistance level could push the SHIB price toward its upper high of $0.000020. However, if the bears regain dominance, the price of Shiba Inu could plunge toward its $0.00001025 mark.