50% surge comes in, but there’s a problem (analyst)

TL;DR

• Shiba Inu (SHIB) is up 6% recently and is expected to rise further if it breaks key resistance levels.
• Analysts are optimistic, predicting anywhere from a moderate rise to a possible rise of up to 350% in the near future.

SHIB’s next possible move

popular price Meme coin Shiba Inu (SHIB) has recently flashed green and is up 6% over the past week. The sudden move north did not come as a surprise to some analysts who had been expecting a significant rally.

One example is X user Ali Martinez. calculation The value of SHIB could rise by 20% if it breaks the upper limit of the descending parallel channel at $0.00002444.

Dami-Defi was more optimistic. assert The idea is that the token has formed a “falling wedge pattern on a 1D time frame.” Analysts predicted a 50% rise in prices if they exceed current levels. They also assumed that “meme season continues.”

like cryptocurrency reportedNumerous assets of that type, including PEPE, FLOKI, BONK, etc., have seen significant gains. till lateOn the other hand Total market capitalization of the niche It exceeded 55 billion dollars.

Additional Latest Forecasts

Del Crxpto, an X user with nearly 100,000 followers, is also among the bulls. Not long ago he assert To know “what will happen” in the future and , So, as an investor, I side with SHIB.

“I know the futureme I know what’s going to happen to SHIB. I will not be sharing this information because I do not want to damage my SHIB relationship. But I will tell you this: I am accumulating $SHIB.”

Rekt Capital and CRYPTO SHERIFF contributed their two cents.do. The former noted that SHIB’s value has reached the same level as in early 2022; proposal If it breaks above the critical resistance level of $0.00002741, the price could explode into triple digits.

cryptocurrency security guard maintained A “breakout” has already occurred and a 350% rally is predicted. in the near future.

The post Shiba Inu (SHIB) Price Prediction: 50% Surge Is Coming, but There’s a Problem (Analyst) appeared first on CryptoPotato.

Source: https://cryptopotato.com/shiba-inu-shib-price-prediction-50-surge-incoming-but-theres-a-catch-analyst/