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SHIB Price Prediction: Shiba Inu's 18% Monthly Gain Signals Potential Double Bottom Rally

Summary by Coin Desk
Shiba Inu's (SHIB) month-to-date price rally seems to be setting the stage for a double bottom pattern, a major bullish setup.The joke cryptocurrency has risen 18% this month, its best performance since November, with prices gaining over 7% in the past 24 hours alone, according to CoinDesk data. The rally is consistent with the increased risk-taking in the crypto market triggered by bitcoin's rally to lifetime highs above $118,000.The upswing is…

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Coin Desk broke the news in Manila, Philippines on Friday, July 11, 2025.
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