Shiba Inu: Weekly Volume Patterns Indicate Bullish Sentiment

The post Shiba Inu: Weekly Volume Patterns Indicate Bullish Sentiment appeared first on Coinpedia Fintech News

Shiba Inu is seen moving by repetitive volume patterns that occur at the start of each week and then descend throughout. It has shown relative consistency, where a spike is evident at the beginning of the week and then subsides. This probably reflects a reset for the asset as it moves harmoniously with its trading dynamics. The general market sentiment around Shiba Inu is strongly positive, as evidenced by Onchain and exchange indicators. The concentration of large holders and many high-value transactions points to Bullish sentiment on Shiba Inu.