📈 Analysis of Shiba Inu (SHIB) price forecasts: Correction followed by strong rise expected! 🚀
📉 1. Correction phase (wave B) and its impact
Analysts believe that Shiba Inu (SHIB) is currently undergoing a correction, known as 'wave B' in Elliott Wave Theory. This phase represents a temporary pullback before resuming the upward trend.
- 🔻 Prediction of a temporary decline: One analyst predicts a price drop of 54% from the level of $0.0000055, which could form a crucial turning point before the upcoming rise.
- ✨ Optimistic outlook: After the correction, 'wave C' (the bullish phase) may lead to a significant jump, with an initial target at $0.00010.
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🚀 2. Bullish forecasts: Exciting targets and strong technical signals!
Many experts expect a significant rise for SHIB after the correction ends:
- 📊 CryptoEllites analysis: A price increase of 17 times is expected, reaching $0.00023, based on a symmetrical triangle model indicating an impending upward breakout.
- 📈 Javon Marks notes: Sees signs of bullish divergence, indicating that buyers may regain control and push the price higher.
🔥 3. Factors supporting the potential rise
- ♻️ Token burning: 20.83 million SHIB were recently burned (+2061.22% 🔥), reducing supply and supporting the price.
- 📊 Positive technical signals:
- The MACD indicator is positive.
- The Stochastic RSI is in the oversold region, enhancing the chances of a rebound.
- 🎯 Critical level: The price must exceed $0.00001238 to start a clear upward trend.
💡 4. Current situation #BinanceAlphaAlert
Currently, SHIB is in a downward trend, trading around $0.00001230. The coming weeks will be crucial to confirm the likelihood of a rise or continued correction.
🎯 Summary: Correcting now... Upcoming rise?
Despite the current volatility, many analysts remain optimistic about SHIB's future $SHIB , expecting a strong upward wave that could push the price to new all-time highs.
📌 When will the bullish wave C begin?
The wait may be short! ⏳🚀
> "Investing requires patience... and great opportunities come after corrections!" 💎
📢 Are you ready to take advantage of these forecasts? Share your thoughts! ⬇️#VoteToDelistOnBinance
