Summary
TLDR: Shiba Inu saw new highs in March but corrected, whales continued to accumulate SHIB, active addresses show most investors are awaiting profits, price is expected to bounce off support and rally, MACD indicator suggests bullish trend, new highs possible if support holds at $0.00003000.
Key Points
1. Shiba Inu (SHIB) saw a strong start to March with new 2024 highs, but this was short-lived.
2. Despite a 30% correction, Shiba Inu whales continued accumulating SHIB, adding 11 trillion tokens worth $337 million in a month.
3. The price prediction for SHIB is bullish, with expectations of a rally to year-to-date highs of $0.00003599, supported by whale activity and bullish indicators like the MACD.