Shiba Inu Price Could Surge 17% Due to Triangle Formation, Analyst Predicts

Shiba Inu cryptocurrency has been forming a triangular consolidation pattern on its 4-hour trading chart, which could trigger a potential price swing of up to 17%. Technical analyst Ali Martinez highlighted this pattern in a recent social media post. SHIB currently trades at $0.00001436, situated near the midpoint of converging trend lines that have contained its price action over recent weeks.