Shiba Inu Set for Potential Surge Amid Bullish Patterns and Predictions

1 min read
Source: Bitcoinist
Shiba Inu Set for Potential Surge Amid Bullish Patterns and Predictions
Photo: Bitcoinist
TL;DR Summary

Shiba Inu (SHIB) has surged 30% in a week, driven by a rare golden cross pattern, which occurs when the 50-day moving average crosses above the 200-day moving average, signaling potential further gains. This pattern historically precedes significant price increases for SHIB, and with a recent 18% spike, investor confidence is growing. Additionally, SHIB's burn rate has increased, reducing supply and potentially boosting price. Meanwhile, Rexas Finance (RXS) is gaining attention with its presale success, offering real-world asset tokenization and significant growth potential.

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