Shiba Inu (SHIB) is showing signs of a potential bull flag pattern, according to recent technical analysis. This chart pattern suggests that there could be a significant breakout of up to 400%.
The Relative Strength Index (RSI), a key technical indicator, has broken above the previous descending trendline and is now trending upwards, supporting the bullish outlook.
Currently, Shiba Inu's price is around $0.00001809, marking an increase of 11.84% from its recent low. This uptrend is fueling optimism among some analysts who forecast a return to its all-time high of $0.000081.
