koinmilyoner
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Bullish
The Shiba Inu price might rise 700% from its 3.5-year triangle to ATH.
The expert predicted that the meme currency would rebound off an ascending triangle and reach or exceed its all-time high (ATH).
Price Will Bounce Off Rising Triangle And Rally To ATH
The Cryptagon reported in TradingView that the Shiba Inu price is recovering from the 3.5-year triangle. He noted that the 1-week Relative Strength Index (RSI) is following a similar pattern to February and May 2023, which caused a 661% price increase.
As it breaks out of the triangle, his chart revealed the Shiba Inu price might rise to its ATH again. This rally is 700%, identical to SHIB's 2023 price explosion. Meme coin must break important barrier at $0.000035000.
The Cryptagon called this a “‘unique long-term opportunity” since the Shiba Inu price produced a double bottom pattern last week comparable to the August 2024 low. He recommended investors to purchase SHIB's expected climb to $0.00008450.
SHIB's price has held out and risen since responding to this breakout, therefore this breakout goal remains constant. He believes a 500% rally to attain this price goal is still possible.
Crypto Sat includes both optimistic and pessimistic Shiba Inu price predictions. He first observed SHIB's 1-hour chart's collapsing wedge, a bullish reversal pattern. The optimistic expert said a breakthrough over $0.00001260 might lead to $0.00001280 or $0.00001320.
Crypto Sat said the meme currency might drop below $0.00001220 before another try if the Shiba Inu price retains $0.00001260 as resistance and fails to break out. A decline below $0.00001220 will invalidate this arrangement, he cautioned.
The crypto researcher said that SHIB is one of the strongest meme currencies due to positive factors like Shibarium and token burning, which boost long-term potential. Crypto Sat confirmed that the Shiba Inu price is nearing a major breakthrough zone. He believes SHIB might rise if the Bulls win.
CoinMarketCap reports the Shiba Inu price at $0.00001261, down in the previous 24 hours.
#SHIB $SHIB #FedWatch
The expert predicted that the meme currency would rebound off an ascending triangle and reach or exceed its all-time high (ATH).
Price Will Bounce Off Rising Triangle And Rally To ATH
The Cryptagon reported in TradingView that the Shiba Inu price is recovering from the 3.5-year triangle. He noted that the 1-week Relative Strength Index (RSI) is following a similar pattern to February and May 2023, which caused a 661% price increase.
As it breaks out of the triangle, his chart revealed the Shiba Inu price might rise to its ATH again. This rally is 700%, identical to SHIB's 2023 price explosion. Meme coin must break important barrier at $0.000035000.
The Cryptagon called this a “‘unique long-term opportunity” since the Shiba Inu price produced a double bottom pattern last week comparable to the August 2024 low. He recommended investors to purchase SHIB's expected climb to $0.00008450.
SHIB's price has held out and risen since responding to this breakout, therefore this breakout goal remains constant. He believes a 500% rally to attain this price goal is still possible.
Crypto Sat includes both optimistic and pessimistic Shiba Inu price predictions. He first observed SHIB's 1-hour chart's collapsing wedge, a bullish reversal pattern. The optimistic expert said a breakthrough over $0.00001260 might lead to $0.00001280 or $0.00001320.
Crypto Sat said the meme currency might drop below $0.00001220 before another try if the Shiba Inu price retains $0.00001260 as resistance and fails to break out. A decline below $0.00001220 will invalidate this arrangement, he cautioned.
The crypto researcher said that SHIB is one of the strongest meme currencies due to positive factors like Shibarium and token burning, which boost long-term potential. Crypto Sat confirmed that the Shiba Inu price is nearing a major breakthrough zone. He believes SHIB might rise if the Bulls win.
CoinMarketCap reports the Shiba Inu price at $0.00001261, down in the previous 24 hours.
#SHIB $SHIB #FedWatch
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