Shiba Inu Rallies 10%: What Is Going On?

Shiba Inu (CRYPTO: SHIB) has seen a surge in activity, driven by rising whale transactions, increasing daily users and growing optimism from traders.

Cryptocurrency Price    Market Cap 24-Hour Trend 7-Day Trend
Shiba Inu (CRYPTO: SHIB)  $0.00001482 $9.12 billion +9.8%  +20.9% 
Dogecoin (CRYPTO: DOGE)  $0.2049 $30.5 billion +10%  +20.4% 
Pepe (CRYPTO: PEPE)  $0.059115 $3.8 billion +14.8%  +22.1% 

Trader Notes: In an X post on Tuesday, crypto trader Satori predicted a minimum 20% gain if SHIB breaks resistance, confirming a bottoming pattern.

Crypto trader Clifton Fx observed a falling wedge breakout, suggesting an ongoing retest on the daily chart.

World Of Charts highlighted SHIB breaking out …

Full story available on Benzinga.com