Shiba Inu (SHIB) Price To See Uptrend Soon!

The price of the Shiba Inu has broken out of a daily parallel trend channel that was established early last week

The break of the trend channel may have prompted traders to increase their holdings in the hopes of setting a new high before the end of March

The Shiba Inu price broke out of its slump, it has gained nearly 21%

This reversal prompted bulls to push SHIB past the $0.0000231 resistance level

The next resistance level, which runs from $0.0000252 to $0.0000269.

Shiba Inu price at a fork in the road; a successful conversion of this barrier into a foothold will show that bulls are in charge,

While a failure would almost certainly result in a retreat to $0.0000231.

Interested buyers can buy SHIB at $0.0000231 and increase their holdings if it holds above $0.0000269

Shiba Inu is trading at $0.00002732 and is up by more than two percent in the last 24 hours