Here’s Why Shiba Inu Price Is Nearing Parabolic

Shiba Inu Price Is Nearing Parabolic

A cryptocurrency expert has sparked excitement among SHIB investors, pointing out patterns that could signal another price surge. According to a recent post, Shiba Inu is showing signs of repeating historical trends, potentially entering a lucrative “parabolic phase.”

The expert explained a recurring cycle that includes an initial spike, a cooling-off period, and a rapid rise into a parabolic phase. “If history repeats, SHIB could soon see significant gains similar to previous highs.

The analysts urged followers to prepare for potential gains and drew attention to signs of the initial spike and recent cooling-off period. The message has sparked anticipation within the SHIB community, with many wondering whether this parabolic phase will match or exceed previous price peaks.

Shiba Inu Price Cools Off After Recent Surge

After a strong market rally over the past month.

The meme coin has seen a slight decline. At the time of writing, SHIB is trading at $0.00002416. This represents a 5.10% decline in the last 24 hours.