Shiba Inu price chart indicates an impending move per this metric SHIB ShibArmy SHIBCommunity
. While the price is looking set for incoming price movement within the triangle formation, the momentum indicators, especially the RSI, lie near the neutral mark of 50.
This suggests that Shiba Inu might continue its consolidation phase inside the triangle for a while before a possible price breakout. The SHIB price stalled shortly after reaching all-time highs of $0.000088 in October 2021. At a present price of $0.0000233, SHIB remains down nearly 73.48% from its ATH.Going forward, one of two things might happen: a breakout above the current trading range might trigger an 18% run-up to recent highs at $0.0000353. Further upside moves may attempt targets at $0.
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