#Shibalnu

SHIB Bullish Divergence Signals 180% Pump Potential

Since before the ongoing bull cycle began, altcoins had already been showing strong and steady bullish indicators across their price charts. In detail, event before the Bitcoin Halving event, and before the price of BTC began to pump and set a string of new ATHs, altcoins had already been showing long-term price pump set ups on their individual price charts, signaling parabolic price pumps ahead.

Some of the most promising altcoins so far have been showing consistent signals for a major pump. Specifically, over the last year, some altcoins like ONDO, FET, and SUI went to set new ATH prices last year. However, several legacy altcoins like ADA, SHIB, DOGE, VET, LTC, XRP, and ETH were yet to reclaim their previous ATH prices, let alone set new ATH prices.

According to several reputed analysts, there would be no real altseason pump unless the price of ETH began to pump.Therefore, analysts are keeping as close eye on the price of ETH. The pioneer altcoins asset is expected to lead altseason. Since ETH bottomed at the $1,700 price range, the asset has since pumped to $2,700 and is expected to surge even further to reclaim its previous ATH price and then to set new ATH prices.

This pump is expected to bring other altcoins prices to surge and set a string of new ATH targets of their own. So far, some analysts proclaim that BTC Dominance will fall soon, allowing altcoins to dominate and lead to the long-awaited altseason peak phase of the ongoing bull cycle. As we can see from the post above, this analyst confirms that altcoins are awakenting as a major breakout was completed.

One of the most bullish altcoins this bull cycle is Shiba Inu, an asset that started as a memecoin, but now holds ‘altcoin’ status. According to the chart shared by the analyst in the post above, SHIB price has confirmed a clear bullish divergence with its MACD, pointing to a nearly 180% upside for prices back to $0.000032. This, he declares, may only be the start of a much larger positive reversal. #Write2Earn