Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
A crypto analyst has shared his optimistic projections for the popular dog-themed meme coin Shiba Inu (SHIB). According to the analyst, Shiba Inu is set for a massive 450% rally to reach new All-Time Highs (ATH).\u00a0 Shiba Inu Aims For 450% Surge To New Highs In a recent X (formerly Twitter) post, crypto analyst, Javon Marks expressed bullish optimism about Shiba Inu\u2019s future price outlook. The analyst has forecasted that Shiba Inu is preparing for a 450% surge to new all-time highs this bullish season.\u00a0 Related Reading: Bullish Return: Institutional Investors Pour $1.44 Billion Into Crypto In One Week Highlighting SHIB\u2019s past performances, Marks revealed that Shiba Inu has shown incredible progress after breaking out of similar patterns observed in the previous bull run. At the time, the popular meme coin surged as high as 400%, moving from approximately $0.000009079 to $0.00004559. The crypto analyst predicts that Shiba Inu could witness another substantial increase of around 351%, moving from this bullish area to break out of a new price target of $0.0000886. He indicated that this surge to $0.0000886 would represent a new all-time high for SHIB, surpassing its current ATH of $0.00008616, recorded in October 2021.\u00a0 Sharing a SHIB\/USDT price chart depicting Shiba Inu\u2019s historical price movements from 2021 to 2026, Marks suggested that the popular meme coin mimicking a pattern from the 2021 bull run, potentially signaling a massive increase of 930.20% that could propel the price of SHIB to $0.00008063. In a previous post, Marks also maintained his bullish optimism for Shiba Inu. He revealed that despite its sluggish performance recently, Shiba Inu\u2019s 3D prices are holding on to this key pattern that could trigger another massive rally, potentially propelling the cryptocurrency up by 855% to new all-time highs.\u00a0 Looking ahead, Marks suggests that Shiba Inu\u2019s bullish projection is further confirmed by the \u201cHidden Bullish Divergence\u201d between the meme coin\u2019s price and the Relative Strength Index (RSI). The analyst asserts that this divergence validates the underlying strength behind SHIB\u2019s price, indicating the continuation of its already impressive uptrend.\u00a0 SHIB Price Fundamentals Remain Strong In the past few weeks, Shiba Inu has witnessed a significant change in its price performance, shifting towards a more bullish position and indicating strong fundamentals. In June, Shiba Inu and various other meme coins witnessed an unexpected price crash, experiencing double-digit declines as the demand for meme coins in the market began to wane.\u00a0 Related Reading: Crypto Analyst Says Telegram-Based Notcoin Is Ready To Fly, Here\u2019s How High However, now, Shiba Inu is in an uptrend, recording a significant increase of approximately 16.46% in just one week. As of writing, the cryptocurrency\u2019s price is trading at $0.0001944, steadily increasing to reach the $0.00002 price mark.\u00a0 In the last 24 hours, Shiba Inu has continued its upward trend, witnessing a 3.61% increase in its value, according to CoinMarketCap. A crypto analyst identified as \u2018SHIB Knight\u2019 on X has also highlighted Shiba Inu\u2019s recent positive performance and price reversal, predicting that the cryptocurrency could pump to $0.00005 after a breakout confirmation.\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":630219,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83740],"tags":[167,6664,26263,14690,83668,89178,84473,83667,89157,86437,84562,84558],"class_list":["post-630206","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-shiba-inu","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-shib","tag-shib-news","tag-shib-price","tag-shiba-inu","tag-shiba-inu-news","tag-shiba-inu-price","tag-shibusd","tag-shibusdt"],"acf":[],"yoast_head":"\n
Crypto Analyst Predicts 450% Move For Shiba Inu To Reach New All-Time High<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n