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TheCryptoBasic

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Shiba Inu Price Breaks a Falling Wedge: Will SHIB Hit $0.000015 Soon?

  • Shiba Inu breaks out of a falling wedge pattern with a 3% gain amidst a crypto market recovery.
  • The breakout could potentially push Shiba Inu towards the $0.000015 mark, supported by on-chain data and Fibonacci targets indicating a 20% upside.
  • Technical indicators like the MACD signal a positive sentiment shift, although the risk of a 'death cross' event remains if bearish momentum increases.
  • On-chain data suggests a strong potential for a continued bullish trend as Shiba Inu faces supply zones and increased buying pressure.

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