🚀 Shiba Inu Surges 36% with Golden Cross
Shiba Inu (SHIB) recently surged by 36% within 24 hours, reaching $0.000028. Although it has retraced slightly, it still shows an 11% daily gain and a 53% increase over the past week. A bullish “Golden Cross” pattern emerged as the 50-day EMA crossed above the 200-day EMA, invalidating a previous Death Cross.
📊 Technical Analysis & Resistance Levels
SHIB needs to break through its immediate resistance at $0.00002976 to reach the psychological level of $0.00003000. Failure to do so could result in a pullback to $0.00002267. Analyst Kizoki predicts an upward move toward $0.000035, with a potential target of $0.000045.
🔥 300% Price Surge Predicted
Analyst Javon Marks suggests SHIB could hit $0.00081, indicating a 300% potential rally. He points to a Hidden Bull Divergence pattern, which previously sparked significant gains. The ongoing market momentum may continue this trend.
🐋 Whale Activity on the Rise
IntoTheBlock data shows SHIB’s largest weekly transaction volume this quarter, with $294.64 million in transactions over $100,000. Whale activity has increased by 437% since October 27, with a recent whale moving $2 million worth of SHIB from Coinbase.
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