During the Sunday trading session, the crypto market witnessed a significant inflow as Bitcoin prices achieved a new peak of $80,137. This surge spread the recovery trend to major altcoins like Shiba Inu (SHIB).
A crypto analyst has identified a confirmed hidden bullish divergence in Shiba Inu's price movements, suggesting the potential for a 300% increase in its value. This indicator typically occurs when the price of an asset declines while its technical indicator moves upward, pointing to a likely upward price reversal.
The analysis aligns with Bitcoin's rally, enhancing the potential for Shiba Inu to experience a substantial surge in the coming days.
