Shiba Inu up 16% from 16-month low; MACD crossover signals short-term rally

Shiba Inu, one of the most widely tracked meme coins in the cryptocurrency market, has rebounded sharply after falling to a 16-month low. The meme token surged more than 16% from its bottom of $0.00001004 and is currently trading at $0.00001159, despite a marginal 0.27% decline in the last 24 hours. Source: CoinMarketCap The latest

Source: Invezz