Crypto analyst Andy predicts a major Shiba Inu (SHIB) breakout after 1,000 days of consolidation, citing key technical indicators. He highlights the 1.618 Fibonacci time extension, a bullish inverse head-and-shoulders pattern, and similarities to XRP’s previous breakout. Positive developments like Shibarium upgrades, token burns, and upcoming TREAT and SHI tokens could fuel a rally.
SHIB’s burn rate surged recently, adding to bullish sentiment. With a falling wedge pattern forming, Andy targets $0.00002 in the short term and a potential tripling in price to $0.000081, projecting a 105%+ return.
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