Crypto Market Update: Shiba Inu Breaks Out While Other Meme Coins Struggle

Shiba Inu (SHIB), the popular meme-inspired cryptocurrency, is showing signs of a potential bullish trend after breaking out from a recent consolidation pattern, according to a technical analysis by prominent SHIB enthusiast, SHIB Knight. The analysis reveals a breakout from a triangle formation on the SHIB/USDT chart. This pattern typically suggests a period of consolidation The post Crypto Market Update: Shiba Inu Breaks Out While Other Meme Coins Struggle appeared first on Coin Edition .

Source: Coin Edition