Crypto
Shiba Inu may end long decline, analyst says next is \'rocket phase\'
Shiba Inu has broken above a long-term downtrend line and may be entering a new uptrend, an analysis said. Crypto analyst Crypto Sheriff said the token has moved from a decline and consolidation into a recovery phase and could shift into a “rocket phase” later. Shiba Inu is trading around $0.0000053 after briefly topping $0.0000061. The analyst did not give a price target and said the recent pullback does not invalidate the recovery scenario.