ShibaInuBurn

Key Takeaways: Shiba Inu’s price action has flipped bullish once again after a prolonged phase of sideways movement. SHIB successfully broke out of the descending channel in place since May 11 and has created new buying demand in the market. Having recaptured the $0.000012 line temporarily in the preceding 24 hours, the meme cryptocurrency is now hovering around $0.00001159. Though the breakout is moderate in appearance, technical analysis indicators show rising strength. The Bull Bear Power (BBP) has moved into the positive zones, and this implies bulls are the leader […]