Markets· ★★· bullish·

Shiba Inu ends Q3 up 39.3%, attempts breakout from 2-year downtrend

  • —SHIB closed Q3 up 39.3%, defying its usual third-quarter weakness
  • —SHIB's average October return is 167.5%, but the median is just 6.04%
  • —Weekly RSI stands at 52.28 with two confirmed bullish divergences
  • —Transactions above $100,000 rose 14.8% over seven days
Why it matters: The two-year trendline break and exchange outflows could fuel a rally, but the first test is resistance at $0.00000626.
Source: Digital Today