Shiba Inu (SHIB) Price Bounced Off: Bull Run Incoming?
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Shiba Inu (SHIB) has bounced off a critical support level at $0.00001230, showing potential for a short to medium-term price reversal. With a daily gain of 3% and improving RSI, the cryptocurrency might be preparing for a bullish momentum, with potential targets around $0.00001617 and $0.00001800.
April 01, 2025 | 10:00 am
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SHIBUSD has recovered from a key support level, with improving technical indicators suggesting a possible short-term price recovery.
Technical analysis suggests SHIB is preparing for a potential price reversal. Key indicators include: successful support level hold, improving RSI, and potential breakout above 26 EMA resistance.
CONFIDENCE 70
IMPORTANCE 75
RELEVANCE 100