Shiba Inu price is trending inside a range after failing to sustain above the range in the recent market-wide rally. Despite the consolidation, the market sentiment around Shiba Inu is bullish as traders anticipate it may surge higher. An analysis of on-chain metrics shows the price of SHIB may be up for a 40% rally soon. In the meantime, the Shiba Inu coin price increased by 3.5% in the last 24 hours, and the price was traded at $0.00001413.