Shiba Inu (SHIB) Improves Correlation With Bitcoin to Catalyze Recovery
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Shiba Inu (SHIB) is poised for potential price growth as its correlation with Bitcoin (BTC) improves. Currently recovering from lows at $0.00001473, SHIB aims to reach May highs. A positive correlation with BTC could drive recovery, supported by reduced selling activity among investors. With less than 13.5% of profit-holding investors selling, confidence in SHIB’s potential rise grows. Price predictions indicate that surpassing resistance at $0.00001800 could lead to a rally towards $0.00002267, although failure might result in continued consolidation.
Source: beincrypto.com ↗
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