Altcoin News

SHIB Network Spikes is a Bullish Signal so It Fails to Return to $0.000045

  • Shiba fails to return to $0.000045 but is holding above $0.00004.
  • The number of new and activity addresses on the SHIB network spikes is a bullish signal.
  • Shiba Inu nearly hit $0.000045 during the weekend rally, outpacing its older ‘cousin’ Dogecoin.
  • Elon Musk sticking with DOGE and calling it the currency of the people, SHIB kept the uptrend intact.
  • Shiba Inu Seeks Higher Support To Keep The Uptrend On Track
  • Following the massive upswing to areas very close to $0.000045, Shiba Inu retreated and secured support at $0.000035.
  • An immediate reflex recoil occurred, sending the Dogecoin spinoff above $0.00004.
  • Nonetheless, Shiba Inu is yet to close the distance at $0.000045 but trading at $0.000041 at writing.
  • Support at $0.00004 is expected to come in handy and aid the bulls in stopping the potential pullback to $0.000035.
  • The MACD shows that buyers still

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