🚀 Get ready, SHIB is starting to soar! Shiba Inu price continues to rise and the momentum is starting to shift in a bullish direction. With Bitcoin above $28k, altcoins are starting to move and SHIB is not left behind. Here are 3 things to pay attention to:
1. The start of the rally? The chart currently shows clear bullish momentum, could take the price to key resistance at $0.0000080. If the uptrend continues, achieving that target seems easy.
2. Volume remains flat: Despite bullish price action and momentum, buying pressure is relatively flat without a significant increase. However, if the current trend continues, buyers will return to SHIB and test the next key level.
3. Momentum indicators turned bullish: 3-day RSI made higher lows and curved upwards nicely the last few days. This is a bullish signal that will be confirmed once the RSI crosses the 50-point level. The 3-day MACD is also curving upwards and will do a bullish cross if this momentum continues.
So, are you ready to see SHIB soar? 🐕 Share your opinions in the comments column below!
1. The start of the rally? The chart currently shows clear bullish momentum, could take the price to key resistance at $0.0000080. If the uptrend continues, achieving that target seems easy.
2. Volume remains flat: Despite bullish price action and momentum, buying pressure is relatively flat without a significant increase. However, if the current trend continues, buyers will return to SHIB and test the next key level.
3. Momentum indicators turned bullish: 3-day RSI made higher lows and curved upwards nicely the last few days. This is a bullish signal that will be confirmed once the RSI crosses the 50-point level. The 3-day MACD is also curving upwards and will do a bullish cross if this momentum continues.
So, are you ready to see SHIB soar? 🐕 Share your opinions in the comments column below!