💵Analyst Raises Target on Shiba Inu, Increases Expectations! 750 Percent!

🚀Despite investor fears in September, Shiba Inu showed a positive performance in the cryptocurrency market by reaching a three-month peak. After the Fed lowered the interest rate, there was an increase in the market in general, and the price of SHIB was affected by this trend and reached new highs with a 51 percent increase during the week. However, the decline that started today caused many investors to worry. However, analyst Oscar Ramos changed these concerns with the analysis he presented.

👉Expert Opinion for Shiba Inu

SHIB is the second most popular token among memecoins, and investors made significant gains. In the last few days, the price of SHIB saw its three-month high of $ 0.00002148. However, as of today, the price has dropped to $ 0.00001964, and the market value and trading volume are at $ 11.57 billion and $ 1.41 billion, respectively.

👉Price Predictions

Dogema-themed memecoin SHIB is still in a strong buy zone. The RSI indicator indicates that the token is overbought and is entering a price consolidation today. When this feeling ends, an uptrend may begin, especially if the token passes the third resistance level of $ 0.00002172. Ramos commented on the memecoin, “I have news for SHIB. A 750 percent increase is realistic and $ 0.00017 is targeted.”

Ramos stated that SHIB’s price will reach $ 0.000045 by the end of 2024 and could reach $ 0.00017 in 2025. The analyst stated that SHIB’s price rose 400 percent in just ten days in February.

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