The post SHIB Price Analysis: Breaking the Wedge, Can SHIB Jump 30%? appeared first on Coinpedia Fintech News
Following the downtrend motion after the early 2023 gains, the 50-day EMA remained a constant barrier for Shiba Inu’s recovery. With the SHIB price action forming a falling wedge, the meme coin experienced extreme selling pressure. However, with the increasing Bitcoin dominance and recovery rally, the meme coins regain trend momentum, and Shiba find a …