+6.8% in 24 hours – Understanding Shiba Inu’s latest rally
SHIB’s increased volatility over the past 24 hours could kickstart a bullish reversal for the meme coin.
Shiba Inu’s [SHIB] recent lack of volatility has limited the meme coin’s ability to make any significant price movement. However, the past 24 hours have seen the inflow of meaningful volume for Shiba Inu. As of press time, this spurred bulls to register a 6.8% gain with SHIB trading at $0.00000905.
With Bitcoin [BTC] posting 2.5% gains within the same time period, will this boost Shiba Inu’s price, or will it be a brief increase before the bearish momentum continues?
According to CoinMarketCap, the global crypto market recorded a 1.63% increase over the past 24 hours. A look at the four-hour timeframe showed that Shiba Inu bulls looked to take advantage. Price rose sharply from $0.00000841 to $0.00000918 before consolidating at $0.00000905.
Read More: https://ambcrypto.com/shiba-inu-gains-6-8-in-24-hours-the-start-of-a-new-rally/
+6.8% in 24 hours – Understanding Shiba Inu’s latest rally
SHIB’s increased volatility over the past 24 hours could kickstart a bullish reversal for the meme coin.
Shiba Inu’s [SHIB] recent lack of volatility has limited the meme coin’s ability to make any significant price movement. However, the past 24 hours have seen the inflow of meaningful volume for Shiba Inu. As of press time, this spurred bulls to register a 6.8% gain with SHIB trading at $0.00000905....
