The Shiba Inu (CRYPTO:SHIB) cryptocurrency has seen its value dip below the $0.00003 threshold after hovering around this price point for over 48 hours.

Despite this recent downturn, the digital currency has demonstrated significant bullish resilience, particularly following its notable price increase in early March.

This ongoing strength has encouraged analysts to maintain a positive outlook on its future performance.

Among these, a crypto analyst named Xanrox remains optimistic about SHIB's prospects, underlining a sustained bullish sentiment within the investment community.