đđđ Analyst Says #Shibalnu Will Surge to $0.00003260 Sooner Than Expected
Shiba Inu ($SHIB ) has seen a 34.36% price surge over the past month, making it the 13th-largest cryptocurrency by market cap, with only #DogecoinâŹâ© performing better among the top 15.
SHIB is nearing a key resistance at $0.00002169, and analysts predict a breakout could drive further gains. Market analyst FOUR expects SHIB to rise to $0.00003260, a potential 71% increase, citing strong bullish momentum on the 1-week chart and a broader #Memecoinđ€đ€ cycle.
Mario Nawfal, founder of IBC, also praised SHIBâs performance, noting its brief leap past Avalanche to become the 12th-largest cryptocurrency. The meme coin sector has been thriving, with coins like Dogwifhat ($WIF ) leading the way, surging by 56% to $2.6. Despite #Bitcoinâs spike to $69,000 following ETF news, meme coins have drawn significant attention, appreciating by an average of 30% over the past five days.
With SHIB approaching its key resistance, the market is closely watching for a potential breakout and continued momentum in the meme coin sector.