While Bitcoin continues to break new all-time highs, one well-known analyst claims the real explosive rally is still ahead—and it could come in the form of Shiba Inu (SHIB). Based on his technical analysis, SHIB might surge by an astounding 1,529%, reaching price levels never seen before.

📈 SHIB’s Bullish Season Has Only Just Begun

According to the analyst known as MasterAnanda, Shiba Inu has the potential to become one of this crypto season’s biggest winners. Unlike Bitcoin, which may have already seen much of its upside, SHIB is just "starting its engines."

He explains that SHIB has been in a bearish trend since March 2024, recording lower highs and lower lows. However, a reversal could be imminent if the coin manages to break through the 200-day moving average (MA200), currently sitting at $0.00001634, around 19% above the current price.

🚀 Targeting a Breakout and New All-Time Highs

MasterAnanda believes SHIB is poised for a powerful rally once it breaks free from its current technical range. He outlines several key price targets:

🔹 The first breakout zone is $0.00003203, aligning with the 0.50 Fibonacci retracement level.

🔹 Next, he expects SHIB to reach $0.00006767 at the 1.618 Fibonacci level—around 5x from today’s price.

🔹 Even higher, SHIB could hit $0.0001032 at the 2.618 Fibonacci level, which he considers the minimum new all-time high for this cycle.

But he doesn't stop there. The forecast includes potential climbs to $0.0001743 (3.618) and a bullish peak at $0.000220491 (4.618 Fibonacci level).

These targets imply a possible 1,183% to 1,529% increase from the current market price of $0.00001353.

📊 Growing Excitement and Echoes of Past Predictions

Interestingly, MasterAnanda isn't alone in this outlook. Crypto analyst Alan Santana previously shared a similar prediction, citing a breakout from a descending triangle pattern that could propel SHIB to $0.00022.

Such ambitious targets suggest that although SHIB remains a memecoin at heart, its technical indicators and bullish sentiment could make it one of the top-performing assets in the crypto market this year.



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