Will SHIB Crypto Momentum Push It To A New High?

The weekly technical chart of the Shiba Inu price is currently seeing a strong upside trend. Coming to the daily chart, the asset price is looking to leap for a new high. The upside momentum of the SHIBA INU can see a setback near $0.000037. The asset price on the downtrend may observe a downside trend near $0.000025. The price of the coin has seen a jump of over the downside move and can soon see a new high. The 50 DMA line is near $0.0000382 and it can act as a temporary hostile region for the coin. SHIB/BTC pair can also see a move to a new high in the future