Shiba Inu ($SHIB) has indicated a potential for new all-time highs (ATH). A cryptocurrency analyst has identified this potential by highlighting a breakout from a descending trendline, indicating a bullish reversal in its price action.
The price trend analysis of $SHIB/USDT has revealed a consistent downward trend characterized by lower highs, shown by a white descending trendline. This downward trajectory has been a point of observation for analysts and investors alike.
The post "Shiba Inu ($SHIB) Poised for New All-Time Highs: A Trend Analysis" originally appeared on Coin Edition, providing a detailed analysis of the recent price movements and the potential for a bullish reversal.
