💥💥💥 Shiba Inu ($SHIB ) #Skyrockets 15% in Epic Market Rebound; What Comes Next
Shiba Inu (SHIB) Surges by 15% in Market ComebackRecent Price Movement
- Shiba Inu (SHIB) has surged by 15% in the last 24 hours, reaching $0.00001588 after hitting a support level at $0.0000127. This sharp reversal has captured the #Cryptocommunity 's attention.
Market Sentiment and Whale Activity
- Improved market sentiment and increased whale activity have contributed to SHIB's rise. According to IntoTheBlock, SHIB inflows surged by 197%, driving up its price.
Community Engagement and Leadership
- The Shiba Inu community remains highly engaged. #ShytoshiKusama , the pseudonymous project lead, made a public appearance at the IVS conference in Kyoto, further fueling interest in SHIB. Kusama, dressed in a black haori samurai costume and a Batman-style mask, maintained his anonymity while interacting with community members.
Future Outlook for Shiba Inu
For SHIB to maintain its upward trajectory, the broader #cryptocurrencymarket needs to sustain its positive momentum. Key levels to watch include:
- Next Major Hurdle: Between $0.000015 and $0.000019, where 433.96 trillion SHIB are held by 83,560 addresses.
- Intermediate Support: At $0.000014 if prices fall.
The market is closely monitoring SHIB charts for indications of the next price movement.
Source - u.today
