Shiba Inu Coin Eyes Nine-Month Peak Price Surges Past $0.000032
Table of Contents
Shiba Inu Coin’s Bullish Momentum Continues
Key Resistance Levels and Future Price Targets
Surge in Large Transactions Signals Increased Demand
Shiba Inu coin (SHIB) has risen over the past few weeks to trade above the $0.000032 level. Despite the brief testing of the key level at $0.000026, the cryptocurrency has remained in a bullish mode.
Since the start of the month of December, Shiba Inu surged by14.82% to touch $0.000033, despite posting a very minor correction.
The recent rally is quite significant as Shiba Inu prepares to break through its nine-month resistance levels.
Shiba Inu Coin’s Bullish Momentum Continues
Shiba Inu coin has been on an upward trend since early November. Having formed a 7 week falling wedge pattern, the cryptocurrency rose by 54% in the first week of November.
Although there was a slight decrease to $0.000026 as seen in the last week of November and early December, SHIB has continued to demonstrate bullish trends.
