New altcoin outshining Ethereum and Shiba Inu as Morgan Stanley calls crypto winter end
Morgan Stanley Wealth Management has called the end of the extended crypto bear market, indicating that the crypto spring is on the horizon. The crypto market has been projected to rally to a new high in this new bull market. Ethereum and Shiba Inu have already recorded significant gains as the crypto market enters a bull phase. There have been dark horses that outperformed the crypto market in previous bull cycles. Analysts have identified a potential dark horse for this bull market. Read on to find more information. Shiba Inu reclaims a major resistance level: devs hint at major changes Shiba Inu has struggled in 2023, despite the gains recorded in the broader crypto market. However, the Shiba Inu coin joined the recent market rally, increasing past a key resistance level at $0.000008000. SHIB also rallied above its 200-day Exponential Moving Average (EMA). This level holds significance as it historically acts as a barrier between the bearish an...