Shiba Inu Surges: Embrace a 500% Potential Upswing
Main Idea
Analyst Javo Marks predicts a potential 500% increase for Shiba Inu (SHIB) following a confirmed breakout of a multi-year downtrend, with key profit-taking zones identified at $0.000081 and $0.00011532.
Key Points
1. Shiba Inu (SHIB) has experienced a short-term decline but shows potential for a 500% increase after breaking a multi-year downtrend.
2. Analyst Javo Marks maintains a price target of $0.000081 for SHIB, suggesting a fivefold increase from the current price of $0.00001298.
3. Marks identifies two key profit-taking zones: $0.000081 and $0.00011532, based on technical analysis.
4. Despite a 15% weekly loss, SHIB retains a 12.2% monthly gain, with the current pullback potentially being a temporary correction.
5. Marks suggests that continued accumulation post-breakout could drive SHIB toward the $0.000081 target.
Description
Shiba Inu shows potential for a 500% increase due to a breakout. Key profit zones exist at $0.000081 and $0.00011532, requiring market de-consolidation. Continue Reading: Shiba Inu Surges: Embrace a 500% Potential Upswing The post Shiba Inu Surges: Embrace a 500% Potential Upswing appeared first on COINTURK NEWS .
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