Shiba Inu Prepares for a Big Move: 189% Surge Target

Shiba Inu, one of the most popular meme coins, has been gaining attention in the cryptocurrency market, with analysts observing bullish signals. According to a recent analysis by crypto analyst Alan Santana on TradingView, Shiba Inu has shown encouraging moves that might set the stage for significant increases.

Shiba Inu's daily chart shows an oval trend with regularly higher highs, indicating a potential accumulation period preceding a more substantial rising wave. The price has sustained near the $0.000024 level for over a month, with Santana expecting the next objective to be $0.0000702, representing a possible 189.60% surge.

The long-term expansion of the token depends significantly on changes in the Shiba Inu ecosystem. Key community member Shytoshi Kusama recently emphasized that the project's success relies more on its ecology and alliances than on token burning alone.

_Key Points:_

- Shiba Inu's daily chart shows an oval trend with regularly higher highs.

- The price has sustained near the $0.000024 level for over a month.

- Santana expects the next objective to be $0.0000702, representing a possible 189.60% surge.

- The long-term expansion of the token depends significantly on changes in the Shiba Inu ecosystem.

- Shytoshi Kusama emphasizes the importance of ecology and alliances over token burning alone.#MarketNewHype #ETHHits4KAgain #BTCNewATH