Shiba Inu to the Moon! Discover the Secrets Behind Its Meteoric Rise 🚀

Ah, the elusive Shiba Inu price, galloping forth on this luminous Monday, July 21, like a spirited stallion, as Ethereum ascended to dazzling heights and the burn rate feverishly increased. What a colorful drama, indeed! 🎭

This Shiba Inu token, bless its heart, has defied gravity for seven days straight, reaching heights not seen since the memorable day of May 23 and up 55

What a delightful coincidence that the token’s exuberant rally aligns perfectly with Ethereum’s own jubilant feast, as it soared to $3,800—its apex since last December! A staggering 175

The price of our furry friend also leaped with glee as the burn rate continued its impressive ascent, reducing the circulation of tokens. A commendable 11.30

Meanwhile, the feared whales—the titans of this cryptic sea—have been accumulating like they’re prepping for a feast. The holdings of the top 100 coins have risen to magnificent levels unseen in eons, scaling up to 112.17 billion—an impressive 2.8

In contrast, exchange balances are in freefall—investors are evidently reluctant to part with their precious bounty. A decline to 275.4 trillion, a drop of nearly 1

Shiba Inu price technical analysis

The daily chart has drawn a tale of resilience—a double-bottom pattern formed at an impressive low of $0.000010. Such precision! A double bottom has become a wandering bard, singing of bullish reversals, as it approaches the neckline of valor at $0.00001755. 🎯

Our valiant SHIB has danced elegantly above the 23.6

Moreover, the Supertrend indicator has cast its benevolent gaze downwards, whispering sweet nothings of bullish tendencies, while the top oscillators—Relative Strength Index and MACD—have all set their sights on the sky. 🌈

It appears our resilient token may continue this course, with bullish hopes keenly targeting the neckline at $0.00001755, followed soon by the almighty 50

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2025-07-21 17:31