Could Shiba Inu Triple? Analyst Sees 200% Move Coming
According to technical commentary from analyst Javon Marks, Shiba Inu appears to have left a long accumulation zone and may be entering a fresh bullish phase. The token first showed a breakout in March 2024 and pushed up toward $0.000046. It reached about $0.00003328 on December 8, 2024, before falling hard in 2025. Related Reading: Trump’s Bitcoin Bet Grows: American Bitcoin Now Holds Over 4,000 BTC Analyst Points To Accumulation Breakout Marks highlights early bullish signals, including what he calls bullish divergences on the MACD that showed up earlier this year. Based on reports, he....
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Shiba Inu (SHIB) price is once again at a crucial crossroads. Currently, it’s down a staggering 91% from its all-time high (ATH) of $0.00008845, recorded in October 2021. Over the past year, the token has been on a consistent downtrend, marking lower highs and lower lows on the monthly time frame. But all is not bleak for SHIB investors. The recent relaunch of Shibarium, a layer 2 blockchain, is a beacon of hope. This move is seen as Shiba Inu’s attempt to transition from its meme coin status to a more serious player in the crypto world, aiming to enable applications for....
Shiba Inu’s price action has been mostly quiet in the past few weeks, but this could be changing soon with an explosive move. A recent analysis by CryptoELlTES on the social media platform X pointed to a massive 17X move for the Shiba Inu price. The analyst shared a chart highlighting how Shiba Inu is […]
Key Shibarium metrics suggest the Shiba Inu ecosystem might be gearing up for a push to the upside. Notably, Shibarium’s transaction data has seen triple-digit percentage jumps in transactions and fees paid in BONE over the past week. This suggests Shiba Inu might be receiving increased attention from traders, a scenario that may result in SHIB rebounding at a crucial support level during the course of the week. Shibarium Sees Massive Surge In Activity Over the Weekend According to the latest data, transactions on the Shibarium network exploded over the weekend, soaring a whopping....
Despite not being in the spotlight recently like its counterpart Dogecoin, the Shiba Inu price has managed to exceed expectations and close three consecutive green weeks. The meme coin is showing signs of bullish continuation after a long stretch of consolidation, and a resulting breakout from such momentum could be enormous. To put it plainly, its 2024 400% breakout could pale in comparison to what is coming if Shiba Inu manages to complete its breakout. Shiba Inu Green Closes Point To Bullishness A pseudonymous crypto analyst has pointed out some interesting formations in the Shiba Inu....
A crypto analyst has outlined several price targets for popular doggy-themed cryptocurrency, Shiba Inu (SHIB). The analyst has predicted that SHIB could reach the highest price level of $0.0001605 in a few years. Shiba Inu To Hit $0.0001605 Abmoon, a crypto analyst at TradingView, a financial market analysis platform, has shared bullish predictions for Shiba […]