Are SHIB Bulls Ready For A Great Run?

SHIBA Inu has a market cap of $14.2 Billion and is ranked 11th in the CMC. The volume of the asset price has seen a surge of over 75% in volume over the last 24 hours. Meanwhile,the token price is trading near $0.00002422 with a gain of over 1.5% in the intraday session. The upside trend of the asset price can see a halt near the value of $0.0000325. The downside trend of the token price can observe a halt near $0.00002
The current MACD line is below the signal line while the histogram is contracting. It could imply a weakening downtrend.
RSI of SHIB is near 44 highlighting its presence in the neutral zone. The overall sentiment of the RSI is bearish.
Harmonic PatternsTrend Analysis

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