Shiba Inu Primed for 156% Explosion to New Highs as Market Expert Lays Out Expected SHIB Outcome
Main Idea
Analysts predict a potential 156% price surge for Shiba Inu (SHIB) based on bullish technical indicators, including a confirmed MACD divergence and a breakout from a falling wedge pattern.
Key Points
1. Shiba Inu (SHIB) shows a bullish divergence with its MACD, signaling a potential 180% upside to $0.000032.
2. Analyst Javon Marks suggests SHIB could surge over 156% to $0.000032, possibly marking the start of a larger price reversal.
3. Another analyst, Army Shiba, notes SHIB broke out of a falling wedge, a classic bullish reversal pattern, with key resistance levels at $0.00001400 and $0.00001600.
4. At the time of reporting, SHIB was trading at $0.00001339, showing gains over the past 7 days.
Description
As altcoins begin to trade sideways, causing market players to panic, a bullish chart pattern is validating a positive outcome for the Shiba Inu (SHIB) memecoin. The chart signals a potential upward rally that could kick off in the near term, and highlights the possibility for the altcoin to rally to unprecedented price levels. Analyst
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