In the daily chart of Shiba, positive divergence is visible across multiple indicators. This suggests that Shiba is in an excellent position to experience significant growth from this area. Positive divergence occurs when the price makes lower lows, but indicators like RSI and MACD make higher lows, signaling weakening bearish momentum and a potential upward reversal.
Shiba is currently well-positioned for growth. If Bitcoin and the broader market conditions remain stable, Shiba could see considerable growth from this range.