Shiba inu moved to a three-week high on Friday, as crypto markets surged during today’s session. Markets were mainly in the green, as bullish sentiment returned to end the week. Cosmos was a notable mover once again, as the token rose by over 20% today.Shiba inu rebounded during Friday’s session, as prices rallied following a recent spell of consolidation.
SHIB/USD rose to an intraday high of $0.00001379 on Friday, as prices broke out of two consecutive resistance points. The first ceiling that SHIB rose past was the $0.00001290 level, which has been in place since late August.Following this, bullish momentum intensified, with the token surging towards another resistance level of $0.00001380.
Overall, shiba inu is now trading at its highest point since August 26, when prices were above $0.00001400. As of writing, some of today’s earlier gains have eased, as the relative strength index , moved closer to an obstacle at the 54.00 mark.
Stablecoin Defi Curve start the building in kava of Cosmos ecosystem. Good news for ATOM.