A top analyst says Shiba Inu (SHIB) could “pump like crazy next week” — but only if the key support level stays strong.
📉 SHIB Price Drops, But Hope Remains
This week, SHIB dropped from over $0.000014 to $0.0000123. That’s a decline of 8%, but some experts now see a bullish move coming.
🟩 Key Support at $0.0000127
Analyst Whale.Guru says $0.0000127 is a strong support. This level has held many times in the past:
💥 In May 2024, SHIB dropped to $0.0000103
🔁 Then bounced up to $0.00001767 by mid-May
🆙 Similar bounces happened in September and December 2024
If this support holds again, the analyst expects a strong move up.
🚀 Price Target: $0.00004 (Over 200% Rise)
Whale.Guru’s target price is $0.00004, more than 200% higher than now.
“If SHIB holds above $0.0000127, it could pump like crazy,” says the analyst.
If SHIB breaks $0.00004, it could shoot up to $0.0001, which would be a new all-time high.
🐕 Long-Term Holders Are Growing
📊 Data from IntoTheBlock shows that more SHIB holders are holding long-term (over 1 year):
✅ +0.94% rise in long-term holders over the past year
📉 Fewer short-term traders in the market
This shows strong trust in SHIB’s future, which could help keep the price steady.
🧠 Summary
SHIB must hold support at $0.0000127
If it does, price could jump to $0.00004 or more
More people are holding SHIB long-term
Analysts say SHIB could start pumping next week
⚠️ Note: This article is for information only. It’s not financial advice. Always do your own research before investing.
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