From Investing.com:

1. Shiba Inu (SHIB) is displaying an ascending triangle pattern on the chart, indicating a potential significant price surge. This pattern suggests buyers are gaining ground against sellers, setting the stage for a breakout.

2. The lack of activity around Shiba Inu has been prevalent, but the emerging action in the meme coin sector, particularly on the Solana network, is drawing in traders and investors. Ethereum’s correction could be a precursor to a significant upward movement.

3. Ethereum is exhibiting a correction, but technical indicators suggest a potential rally on the horizon. This corrective phase could be setting the stage for a stronger rally fueled by a more committed investor base. Despite a recent downturn, Bitcoin appears to be regaining market dominance, signaling underlying strength and investor confidence.



Read more: Shiba Inu (SHIB) Becoming Bullish, Ethereum (ETH) Price Screams Rally Continuation, Bitcoin (BTC) Not Giving up Market Dominance By U.Today