$BTC

Shiba Inu (SHIB) Breakout Alert: Analyst Sees 422% Surge to New Highs

SHIB shows potential for a 422% gain if it breaks key resistance levels.

SHIB needs to clear $0.000018-$0.000022 for a confirmed uptrend.

MACD and RSI indicate current bearish pressure but possible recovery.

Shiba Inu (SHIB) has just caught the attention of analysts, who are predicting a potential breakout based on a technical formation. According to market analyst Javon Marks, SHIB appears to have broken out of a Descending Wedge pattern, which could set the stage for a price increase.

If this breakout is confirmed, SHIB could surge over 422%, possibly reaching a new all-time high of $0.00008841. However, certain price resistance levels must be overcome before any upward movement can happen.

$SHIB (Shiba Inu) in a broader sense appears to have broken out of an extremely notable Descending Wedge pattern and prices could be poised for a run to new all-time highs as a result!

This run could consist of a rise of over 422% to $0.00008841 and higher…