Shiba Inu Price Analysis: Traders Push For a 22% Breakout

Shiba Inu price is on the verge of a breakout from a 20-day consolidation zone. While the rest of the market took off, SHIB struggled to break free from the clutches of the bears. However, this may change soon as the daily candle on the SHIB chart is dangerously close to breaking above the range. The current resistance has been tested once and, therefore, could be stronger. Whale activity is down, but profitability has shot over the roof. Can traders carry Shiba Inu holders back into profit?