Shiba Inu Chart Hints at Reversal as Whale Transactions Surge

A pattern suggesting a potential price reversal is taking shape on the Shiba Inu chart, catching analysts’ attention just as on-chain data reveals a dramatic spike in large transactions. The timing has observers speculating that major holders, or “whales,” may be positioning themselves, hinting at renewed interest in the meme coin’s next move. Potential Reversal Pattern Emerges on Shiba Inu Chart Technical analysts are eyeing a specific formation on the daily price chart for Shiba Inu (SHIB), particularly as depicted in analysis published on TradingView by the user @CryptoWizard101 on Monday. The chart appears to show the cryptocurrency carving out The post Shiba Inu Chart Hints at Reversal as Whale Transactions Surge first appeared on The Shib Daily source: https://news.shib.io/2025/04/22/shiba-inu-chart-hints-at-reversal-as-whale-transactions-surge/?utm_source=rss&utm_medium=rss&utm_campaign=shiba-inu-chart-hints-at-reversal-as-whale-transactions-surge