A pseudonymous cryptanalyst who correctly predicted the end of Bitcoins BTC/USD Bull market in 2021, believe that Shiba Inu SHIB/USD could be on the cusp of a strong move higher in the coming weeks.

What happened: “Pentoshi” to its 673,700 Twitter followers, SHIB is bullish after breaking its resistance at $0.000013.

According to analyst technical analysis, if SHIB can sustain above $0.000013, it will make a strong bullish move.

See more: Top Indian Apps Giving Bitcoin, NFT Rewards

Ahead of Shibarium’s launch, the analyst expects “the hype to pick up over the next few weeks.”

A Layer 2 solution built on top of ether ETH/USD Blockchain requires Shibarium that the tokens of SHIB, ROPE LINE/USD And BONE BONE/USD are collected to use their layer 2 blockchain.

Price action: SHIB was trading at $0.00001437 in the last 24 hours, down 4.33%, according to Benzinga Pro.
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