Imagine that Shiba Inu, that coin that started as a meme, is now showing a figure on the chart that makes analysts' eyes sparkle: an "inverted head and shoulders". 🤯 This, in financial terms, is a super powerful signal that a massive rise is coming. An analyst, Javon Marks, is predicting that if everything goes well, we could see a 540% increase, bringing SHIB to a price of $0.000081. Insane!
But, why so much optimism? 🤔 Well, here’s the scoop (the good one, the analysis):
Powell's move: It turns out Jerome Powell gave a speech suggesting that they might lower interest rates. And what does that mean? That money becomes cheaper and people are encouraged to invest in more "risky" things like cryptocurrencies. This unleashed a wave of optimism that led the entire market to break records.
The magical pattern: The 540% prediction is not a hunch. It is based on that "inverted head and shoulders" pattern that is forming on the SHIB chart. For it to work, the price has to break through some key barriers, such as the $0.000017–$0.000018. If it manages to cross that threshold, the path for a serious rise would be clear.
Everyone to the party: The news from Powell not only inflated Bitcoin and Ethereum, the giants, but also dragged meme coins like SHIB. Big investors and everyday people are putting money back into the crypto world, giving the market more strength and volume.
In summary: Shiba Inu has a very strong technical structure, and Powell's words gave it the macroeconomic push it needed. The question is whether it will manage to overcome the resistances and make that prediction come true that has everyone on the edge of their seats.
Do you think this is the signal that SHIB holders were waiting for to send the dog to the moon? 🌕$SHIB
