Is a SHIB Bull Market Incoming? 3 Things to Consider This Week (Shiba Inu Price Analysis)

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Is a SHIB Bull Market Incoming? 3 Things to Consider This Week (Shiba Inu Price Analysis)
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Shiba's price has been making steady gains and the momentum appears to be shifting in bulls favor. Key Support levels: $0.0000070 Key Resistance levels:

With Bitcoin above $28k, altcoins are starting to move and SHIB is no different. The current chart shows a clear bullish momentum which could take the price to the key resistance at $0.0000080. Considering that Shiba Inu is a momentum coin, reaching that target appears easy so long the uptrend stays intact.While the price action and momentum are bullish, there is one thing missing right now: volume. The buy pressure is relatively flat with no significant increase to date.

Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.

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