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SHIB Skyrockets 34% Weekly, Here’s the Next Target (Shiba Inu Price Analysis)

Shiba Inu had a fantastic week so far, managing to book a double-digit price increase.

After a successful breakout above $0.000010, SHIB quickly turned this level into support and then rallied hard. Only today, the price increased by 17%, placing Shiba Inu in the top-performing cryptocurrencies. Buyers are in full control of the price action, but they are quickly approaching the key resistance at $0.000014.

At this rate, Shiba Inu seems likely to soon reach the resistance at $0.000014. The last time the price approached this level was October 2022, and the bears rejected it.

Shiba Inu SHIB
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