April 30, 2026

SHIBA Analysis | A Large Volume Is Still Positioned In Shiba



SHIBA Analysis | A Large Volume Is Still Positioned In Shiba

SHIB / TetherUS BINANCE:SHIBUSDT
KlejdiCuni



What is BitShiba?
BitShiba is a community-focused project which seeks to provide equal financial opportunities to all people from all places. Decisions about BitShiba’s future will be made by $SHIBA holders through the use of a DAO. The BitShiba community is the project’s main focus as strong communities and decentralization are widely considered two of the most important aspects of cryptocurrency. The project has a no man (or woman) left behind attitude and strives to make sure all community members can be successful.

Shiba Inu Now Accepted as Payment by Delivery App Rappi Mexico – date 14-April-2022
Mexico-based cryptocurrency exchange Bitso has announced the positive news that users of Rappi Mexico, a delivery company, will now be able to make payments with cryptocurrencies, which includes Shiba Inu.

Shiba Inu supply shrinking as 2.41 billion SHIB got burned – date 14-April-2022

Shiba Inu Lists on South African Exchange, Bringing Access to Thousands of Customers -12-April-2022

Technical Analysis:
The price is moving within a triangle pattern .
During the last four days, Shiba increased in price by +36%.
The price didn’t manage to make a solid breakout above the pattern and now we can see it
moving back in the correction area again.

It looks like the price may test 0.00002242 again before it moves higher.
Considering how the price moved during these days it is obvious that many traders are still holding
large positions and hope that Shiba will increase again one day.

Targets on the chart!

Thank you and Good Luck!

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