Monster Volume of 4.8T SHIB Sparks Bullish Move in Shiba Inu Above 200-day Average

Description

Shiba inu (SHIB) bullish momentum has gathered pace, with prices topping key level on the back of unprecedented trading volumes. The joke cryptocurrency has surged over 5% in 24 hours, topping the 200-day simple moving average (SMA) for the first time since January. The average is widely-tracked by both retail and institutions to gauge long-term trends, with crossovers above the same suggesting bull runs. Most appreciation in prices occurred during the early morning hours of 18 July, most notabl...