Oh joy, oh rapture! 🎉 Shiba Inu (SHIB) is showing signs of life again! But, let’s not pop the champagne corks just yet, folks. Investors are all like, “Uh, is this recovery thingy for real?” 🤔
So, 🚀 This coincides with the broader crypto market’s attempt to regain its mojo, with Bitcoin and Ethereum also clawing their way back up.
As reported (because we have our paws on the pulse 📰), Shiba Inu saw some big fish (aka whales) swimming in with their SHIB, possibly thinking, “Hey, this might be a thing again!” 🐳 The overall crypto sentiment has improved, making altcoins like SHIB slightly more interesting.
At press time, SHIB was rocking a 1.85% gain over 24 hours and 2.39% over the week. If today ends in the green, it’ll be SHIB’s second day of steady gains since that pesky March 21 decline 📆.
Rally on the Horizon? 🌅
Today’s gains led to a retest of those lofty $0.0000131 highs. While it’s all encouraging, SHIB is still stuck in that comfy range between $0.0000122 and $0.0000131 since March 18. Because, you know, consistency is key 🙄.
Now, 🎊 If not, well… back to support levels we go 🔄. A break above those moving averages (50 and 200, for you tech-savvy folks) at $0.0000142 and $0.0000191 would be the real MVP, kickstarting a fresh uptrend.
Given the market’s current “meh” attitude 🤷♀️, SHIB holders are on the edge of their seats, wondering: is this the start of something beautiful or just a fleeting crypto romance? ❤️♂️ Only time (and the markets) will tell.
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2025-03-23 18:21