Shiba Inu's most recent recovery is positive sign, but it is too early to celebrate
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Historically, when a token's price moves past the 50 EMA and heads toward the 200 EMA, it indicates a wide-ranging price surge. For, this could mean upward movement that fills the gap between the 50 and 200 EMA, translating to significant gains for holders.However, it is essential to tread with caution. While these indicators hint at a potential bullish scenario, the crypto market is known for its surprising moves. Notably, SHIB's price has not firmly established itself above the 50 EMA.
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