Shiba Inu price analysis: SHIB continues to rise with $0.00001350 in sight

Shiba Inu price analysis continues to show bullish signs for a third successive day as price posted a 9 percent increase on the daily chart to move as high as $0.00001178. Price now trades around 65 percent above the low point observed on June 13, 2022 with a Shooting Star pattern emerging on the daily.

Timeline of Shiba-inu

SHIB was trading by as much as 10% higher on Saturday, as crypto markets were mainly in the green. NEAR was also higher on Saturday, prices having now risen for three consecutive sessions. Overall, crypto markets are up 2.73% as of writing. Shiba Inu (SHIB) SHIB was one of the notable movers in crypto markets

Shiba Inu price analysis displays complete bullish movement in the market, and the market moves towards a massive upward direction, raising the price of SHIB. After that, however, the cost of SHIB experienced a spike and increased to $0.00001109, from $0.00000974; on June 24, 2022, SHIB/USD gained further momentum and obtained a further increasing movement the.

Shiba Inu Ecosystem tokens have been trading under extreme selling pressure due to the crypto winter. However, the recent update regarding the expected launch of Shibarium has left the community excited.

The shiba inu crypto community is anticipating the launch of the layer two (L2) scaling solution Shibarium after it was revealed that the public beta will launch in the third quarter. According to shiba inu developers Shytoshi Kusama and Ryoshi, the layer two solution will bring transaction fees down considerably and possibly to zero. Shiba

Uniswap moved into the crypto top 20 on Wednesday, relegating MATIC, after surging by over 10% today. UNI has now gained for four straight sessions, as it approaches a key resistance point. SHIB was once again higher today, with prices hitting their highest point since May. Uniswap (UNI) UNI was trading higher for a fourth

Shiba Inu price analysis displays almost bullish movement in the market, and the market moves towards a massive upward direction, raising the price of SHIB. After that, however, the cost of SHIB experienced a spike and increased to $0.00001175, from $0.00000828; on June 21, 2022, SHIB/USD gained further momentum and obtained a further increasing movement the.

The SHIB price hovering above the $0.00000756 mark for a whole week validates it as legitimate support. However, on June 21st, the altcoin witnessed a significant inflow and breach of a confluence of technical resistance.

Shiba Inu community was in celebratory mode on 21 June after the dog-themed memecoin pumped back above the $0.00000965 price level. Most of the hype was because it managed to drop a zero, a move that has historically been considered a great win for the community.

 The crypto market is presently holding onto its crucial levels, despite the majority of the assets losing out on single-digit gains. The market capitalisation of the broader market is presently down 2.79% over the day at $900.21 B. However, one of the few to have out run the industry standards is Shiba Inu's SHIB.  Successively, …

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Post the altcoin's early April decline below the basis line (green) of the Bollinger Bands (BB), Shiba Inu's [SHIB] has been heading south.