#SHIBA

Popular crypto chartist CryptoAmsterdam encourages investors to see every price decline registered by Shiba Inu as an opportunity to acquire more SHIB tokens.

CryptoAmsterdam made the recommendation yesterday while updating their previous forecast for Shiba Inu, issued on September 30. At the time, the analyst indicated that ‘Stage 4’ was printed on the higher time frames of Shiba Inu’s chart, setting the stage for a potential upward trend.

Following the printing of Stage 4 on the chart, CryptoAmsterdam said Shiba Inu formed a ‘mini-cycle structure,’ which propelled SHIB to a “macro range high.”

Amid these developments, the chartist encouraged caution, urging investors to wait for two key signals. They include SHIB’s break above the corrective mini-range level of $0.25 or a false breakout that could confirm the authenticity of the move.

Fresh Update
Since CryptoAmsterdam issued the analysis on September 30, Shiba Inu has made some major moves, including surging to a 7-month high of $0.00003031. Hence, the analyst updated the analysis, emphasizing that SHIB has completed the mini-cycle formed as of November 30.

According to CryptoAmsterdam, Shiba Inu recently completed the mini-cycle structure following its recent price increase. Interestingly, they expect Shiba Inu to continue its upward trend.

However, the expert echoed that Shiba Inu’s “dips are for buying,” suggesting that every short-term dip presents an opportunity to acquire more SHIB in anticipation of an imminent price surge.

Shiba Inu’s Incredible Performance
November, which Shiba Inu’s lead Shytoshi Kusama referred to as GrowVember, has been favorable to multiple crypto assets, including SHIB. Shiba Inu’s rally commenced in early November after the United States re-elected pro-crypto president Donald Trump.

Notably, SHIB has surged 59% month-to-date (MTD), 65.4% in the past seven days, 64.5% in the past month, and 182.7% year-to-date (YTD). Shiba Inu, which surged to a 7-month high of $0.00003031 earlier today, is changing hands at $0.0000289.

Following this remarkable performance, Shiba Inu now ranks among the top 10 cryptocurrencies by market cap. It achieved the feat after flipping Avalanche (AVAX). Currently, Shiba Inu is the 10th biggest cryptocurrency, boasting a valuation of $17.09 billion.

Given Shiba Inu’s rally, famous crypto expert Oscar Ramos projected that SHIB would soon reach a market cap of $100 billion. Notably, if the $100 billion projection becomes a reality, SHIB could trade at $0.0001697.

In the meantime, investors must exercise caution when trading in the ongoing bull run, as massive volatility could arise in the coming days.

For Shiba Inu fans and savvy investors alike, crypto analyst CryptoAmsterdam has issued a compelling call to action: view every dip in Shiba Inu’s price as an unmissable chance to accumulate more SHIB. As Shiba Inu makes major chart moves, this recommendation comes at an exciting moment for the community.
The Analyst’s Bold Forecast
On September 30, CryptoAmsterdam issued an optimistic forecast for Shiba Inu, signaling that it was entering “Stage 4” on high timeframes, a technical pattern that often precedes a rally. Now, following a newly completed “mini-cycle structure,” SHIB has surged to a 7-month high of $0.00003031, confirming the upward trend predicted by the analyst.
But while the momentum is strong, CryptoAmsterdam urges investors to stay sharp. They highlight two crucial signals to watch for:
1. A break above $0.25 on SHIB’s corrective mini-range.
2. A potential false breakout, which could verify the stability of SHIB’s recent gains.
November’s Meteoric Rise – “GrowVember” for Shiba Inu 🌱
November, now playfully dubbed “GrowVember” by Shiba Inu’s lead, Shytoshi Kusama, has been a month of impressive gains for SHIB. The excitement began as soon as the United States re-elected a pro-crypto president, sparking a wave of renewed interest in digital assets. And SHIB has led the charge:
Month-to-Date (MTD) Surge: Up 59%
Seven-Day Growth: Up 65.4%
Year-to-Date (YTD) Rocket: Up 182.7%
This performance has rocketed Shiba Inu into the top 10 cryptocurrencies by market cap, knocking Avalanche (AVAX) down a spot and claiming the #10 position with a $17.09 billion valuation.
Future Projections – Can SHIB Reach a $100 Billion Market Cap?
As SHIB’s journey continues, top crypto expert Oscar Ramos has a remarkable projection. Ramos predicts that SHIB’s market cap could soar to $100 billion, which would place it among the most valuable assets in crypto. If this prediction pans out, SHIB could reach a price of $0.0001697 – a potential game-changer for early investors.
Why SHIB’s Dips Are Potential Buying Opportunities
CryptoAmsterdam emphasizes that Shiba Inu’s dips are “for buying.” For investors eyeing the future, each pullback in SHIB’s price could present an ideal entry point in anticipation of its next leg up.
However, as with all bull markets, it’s essential to trade with caution. With volatility surging alongside SHIB’s price, staying informed and managing risk is key.
---
Join the SHIB Movement on Binance!
With Shiba Inu lighting up the charts, this could be the perfect time for Binance traders to dive into one of the hottest assets in the crypto world. Follow Binance’s real-time updates and trading options to make the most of every opportunity with SHIB.
#SHIBA #BinanceTrading #CryptoInvesting #SHIBArmy #BuyTheDip $SHIB