🚨Shiba Inu price may skyrocket 60% soon🚨
Technical indicators suggest that SHIB may be poised for a strong bullish breakout this year. The daily chart shows that Shiba Inu has been forming a falling wedge pattern, characterized by two descending and converging trendlines.
These trendlines have converged at $0.00001260, which coincides with the lowest swings in July, August, and September last year, making the current price a crucial support level.
The Relative Strength Index has moved slightly above the descending trendline that connects the highest swings since December last year. Similarly, the Percentage Price Oscillator has formed a bullish crossover.
Therefore, Shiba Inu price will likely have a strong bullish breakout, with the next psychological level to watch being $0.000020, up by 60% from the current level.
