💥#Shibalnu : Is Ethereum Driving a Great Leap?

A recent surge in Ethereum ($ETH ) above its 200-day moving average suggests a bullish future, and Shiba Inu ($SHIB ), its "high beta proxy," could follow suit.

SHIB, currently up 9.13%, is approaching its own 200-day moving average. Historically, every time ETH has surpassed this long-term resistance, SHIB has experienced a subsequent vertical rally.

With increasing trading volume, SHIB shows a clear upward trend. If ETH's strength persists and SHIB confirms a moving average crossover, it could reach $0.00001698, with a potential path towards $0.0000205.