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Shiba Inu (SHIB) Charts Suggest Potential for Larger Upward Diagonal
Shiba Inu has surged 4% in the past 24 hours and has reclaimed $0.000019.
Dogecoin outperformed SHIB, skyrocketing 10.54% in the past day.
An analyst put a price target of $0.00008845 for SHIB in this cycle.
Shiba Inu (SHIB), the second-largest meme coin in the crypto space, may be poised for a breakout as the broader digital asset ecosystem recovers and attempts to reach new highs. Meanwhile, SHIB’s competitor Dogecoin (DOGE) has jumped a whopping 10.54% in the past 24 hours, outperforming its rivals.
As per CoinMarketCap data, Shiba Inu is currently stuck between $0.000011 and $0.000020 price levels, unable to turn the $0.000020 price level into support. The altcoin is trading at a massive discount of 79.01% from its all-time high of $0.00008845, which it reached in October 2021.
An X (formerly Twitter) analyst named “MauticBraham,” with over 120 followers, has predicted a target of $0.00008614 for Shiba Inu in the current cycle. If this prediction is correct, SHIB could see its value increase by almost four times.
$SHIB (request): There are better charts. This chart has formed a 3 wave move to the upside in 2021 and in 2024. The best interpret…
The post Shiba Inu (SHIB) Charts Suggest Potential for Larger Upward Diagonal appeared first on Coin Edition.
Dogecoin outperformed SHIB, skyrocketing 10.54% in the past day.
An analyst put a price target of $0.00008845 for SHIB in this cycle.
Shiba Inu (SHIB), the second-largest meme coin in the crypto space, may be poised for a breakout as the broader digital asset ecosystem recovers and attempts to reach new highs. Meanwhile, SHIB’s competitor Dogecoin (DOGE) has jumped a whopping 10.54% in the past 24 hours, outperforming its rivals.
As per CoinMarketCap data, Shiba Inu is currently stuck between $0.000011 and $0.000020 price levels, unable to turn the $0.000020 price level into support. The altcoin is trading at a massive discount of 79.01% from its all-time high of $0.00008845, which it reached in October 2021.
An X (formerly Twitter) analyst named “MauticBraham,” with over 120 followers, has predicted a target of $0.00008614 for Shiba Inu in the current cycle. If this prediction is correct, SHIB could see its value increase by almost four times.
$SHIB (request): There are better charts. This chart has formed a 3 wave move to the upside in 2021 and in 2024. The best interpret…
The post Shiba Inu (SHIB) Charts Suggest Potential for Larger Upward Diagonal appeared first on Coin Edition.
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