Shiba Inu Price Poised for Major Move: Potential Scenarios and Key Resistance Levels

Shiba Inu (SHIB), the meme-themed cryptocurrency, is nearing a critical price range that could trigger significant movement in its value. According to IntoTheBlock data analyzed by Sentora, nearly 516 trillion SHIB tokens previously purchased by approximately 116,000 addresses are currently priced between $0.000016 and $0.000019. This price range is poised to act as a potential barrier for further price increases until it breaks through.