Next Price Target and Factors Driving SHIB's Rise
With a strong bullish divergence signal, the next Shiba Inu price prediction is around Rp1,269. Analysts see that if this momentum continues, SHIB could even reach a higher bull market target of Rp2,350. Meanwhile, factors such as a surge in network adoption and increased activity from its community could strengthen Shiba Inu's bullish outlook in the market.
However, it is important to remember that the volatility of the crypto market is very high, and investors should remain cautious in anticipating risks. The recent surge in Bitcoin prices to Rp1.25 billion was the main driving factor for Shiba Inu's price increase, which was also supported by a surge in network activity.