This is a news story, published by CoinGape, that relates primarily to SHIB news.
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Shiba Inu priceCoinGape
•Business
Business & Economics
56% Informative
Shiba Inu price is showing signs of a potential bullish reversal as it breaks out of a falling wedge pattern on the daily timeframe.
A breakout from this descending channel can trigger the next SHIB bull rally with a potential target of 81% on the upside.
On-chain data from IntoTheBlock revealed a significant spike in large transactions, each valued at $ 100,000 or more, on March 20 .
This coincided with the SHIB price seeing a surge past $ 0.000013 levels for the first time in a week .
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