Shiba

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Bitcoin

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Shiba Inu

<p><strong>Shiba Inu (SHIB) has seen its price rally 15% over the past week, now trading around the $0.000008 resistance level. The meme coin appears poised for further gains as bullish momentum builds.</strong></p>
<p>SHIB needs to break above the 200-day moving average to confirm a trend reversal to an uptrend. Momentum is bullish, with the MACD line moving above the signal line and the RSI at 55. This indicates growing upside momentum.</p>
<p>On-chain data shows massive <a class="wpil_keyword_link" href="https://captainaltcoin.com/shiba-inu-price-prediction/" title="SHIB" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">SHIB</a> outflows of 841% over the past week. While this highlights declining volumes, Shiba Inu is known for its natural volatility. The data likely reflects intentions by major market makers.</p>
<p><a href="https://www.tradingview.com/chart/SHIBUSDT/ceGoHF3t-Are-You-Ready-Shiba-Inu-Continues-500-Potential-Or-More/" target="_blank" rel="noopener noreferrer nofollow">According</a> to popular TradingView analyst AlanSantana, SHIB is ready for a major bullish wave after forming a higher low in October versus June. Rising trading volumes with prices over the 100-day EMA and December 2022 lows confirm bullish potential.</p>
<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="452" src="https://captainaltcoin.com/wp-content/uploads/2023/10/image-728-1024x452.png" alt="" class="wp-image-366041" srcset="https://captainaltcoin.com/wp-content/uploads/2023/10/image-728-1024x452.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-728-300x132.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-728-766x338.png 766w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-728-1536x678.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-728-2048x904.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-728-340x150.png 340w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-728-100x44.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-728-793x350.png 793w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-728-788x347.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-728.png 1466w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>Santana sees the potential for over a 500% gain in this newly developing bullish wave. The rally from June to August was just a preview, with the recent correction ending with a higher low – a bullish confirmation of what’s to come.</p>
<p>With bulls clearly in control, key resistance levels breached, and a popular analyst eyeing 500% upside, Shiba Inu appears positioned for massive gains ahead. The <a class="wpil_keyword_link" href="https://captainaltcoin.com/meme-coins/" title="meme" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">meme</a> coin’s community and speculative fervor could take prices much higher if momentum continues.</p>
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<p>The post <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com/shiba-inu-eyes-500-gain-as-shib-bulls-take-control/">Shiba Inu Eyes 500% Gain As SHIB Bulls Take Control</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Shiba Inu Eyes 500% Gain As SHIB Bulls Take Control

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