Shiba Inu Beat Ethereum? SHIB Shows Surprising Resilience Amid Market Dip

Shiba Inu continues to surprise investors with its resilience in the face of a market dip. While Ethereum has experienced a notable decline, Shiba Inu has managed to maintain its upward trajectory within an ascending channel, indicating strong bullish sentiment. This unexpected support for SHIB suggests a demand for the cryptocurrency even during volatile market movements. In contrast, Ethereum has broken below key support levels, signaling a less resilient price performance. One factor contributing to SHIB’s strength could be its smaller rally compared to Ethereum, leading to less severe corrections. As a result, SHIB did not drop as far during the market pullback. On the technical front, SHIB’s price remains above its 50-day moving average, indicating a more bullish posture compared to Ethereum. These differences highlight the current narrative: SHIB’s market shows persistent buyer interest and has the potential for a faster recovery after the correction.