Shiba Inu Soars 11.5%, Breaking Through Resistance at $0.0000089

Shiba Inu (SHIB) experienced a significant price surge of 11.5% following the successful holding of crucial support at $0.0000089. The daily Relative Strength Index (RSI) reading sits at 38.28, suggesting oversold conditions and hinting at a potential price rebound. 24-hour trading volume spiked by over 11.5% as buyers emerged after the coin’s recent dip to a seven-day low. T. Rowe Price has added SHIB to its crypto ETF filing, demonstrating growing institutional interest in the meme token. This milestone marks a significant step for SHIB and could signal a shift in perception by financial institutions.