$SHIB $SHIB $SHIB
Shiba Inu Price: Big Surge Expected Soon
A breakout for Shiba Inu (SHIB) could be just around the corner, as hinted by a popular crypto analyst to their 60,000 followers on X.
Chart Analysis and Key Levels:
The SHIB price chart is showing an “inverted head-and-shoulders” pattern, a sign of a potential trend reversal upwards. The key level (or "neckline") is near the recent high of $0.000019.
If SHIB breaks above this $0.000019 level, it could jump by up to 100%, potentially hitting this year’s highs and eventually testing its previous all-time high.
Important Price Levels to Watch:
Current price: $0.00001690
Key supports: $0.00001620 and $0.00001294 (these may help stabilize the price if it drops further)
Potential targets: If SHIB rises past $0.000019, it could go up to $0.000029 and even reach $0.000045.
Market Cap Impact: Currently, SHIB's market cap stands at $9.9 billion. A 100% price surge would push its market cap to $20 billion, bringing SHIB close to Dogecoin (DOGE) in size and positioning it in the top 10 cryptos, just below DOGE and ahead of coins like Avalanche, Toncoin, and TRON.#Write2Earn! #shiba⚡ #Write2Earn! #SHIBAUSDT #Write2Earn!