“Shiba Inu (SHIB) Prepares to ‘Explode’: Is a 10% Correction Just a Stepping Stone?”
1. Growth over the weekend: On Sunday, SHIB rose more than 15%, reaching its highest level since March 2024, surpassing $0.000033.
2. Correction on Monday: SHIB's price fell nearly 10% below $0.00003 along with the general decline of the cryptocurrency market.
Analysis from experts:
• Diamond-Hands: Believes that SHIB's correction is complete and the asset is ready for a new upward wave.
• Ali: Predicts the next target is $0.000037, as long as SHIB holds above the support level of $0.000025.
• Javon Marks: Emphasizes that SHIB is confirming a “bullish pattern” and could potentially move towards $0.000081, close to the all-time high (ATH) of $0.00008616.
Outlook:
• To reach ATH, SHIB needs to increase more than three times from the current price.
• If support levels are maintained, SHIB may continue to attract cash flow from investors, especially due to community optimism.
Recent price movements indicate that SHIB is in a critical phase and has the potential to achieve new milestones.
