Shiba Inu's price is currently affected by the decline in Bitcoin's market performance. Despite this, technical indicators such as the MACD (Moving Average Convergence Divergence) and the Sharpe Ratio are showing signals that suggest potential bullish momentum for SHIB in the near future.
These indicators are often used to gauge the strength and potential direction of asset prices, and their positive readings for SHIB suggest that a price recovery might be on the horizon.
