Shiba Inu Completes Bullish Setup: Why A 138% Climb Could Be In The Works
Crypto analyst Javon Marks has revealed that Shiba Inu has completed a bullish setup and that a rally of around 138% may be on the horizon. Fundamentals such as the new SEC rule also provide a bullish outlook for the foremost meme coin. Shiba Inu’s Bullish Setup Hints At 138% Rally In an X post, Marks said that Shiba Inu’s setup is still hinting at a rally of over 138%, which would send the SHIB price back to around $0.000032. He added that it is only a matter of time for this move to materialize as a bull signal holds confirmed, hinting at this move for the top meme coin. Related....
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Shiba Inu has spent the past several days trading in a downward path after a failed breakout attempt above $0.000015 earlier this month. Despite the cautious sentiment among investors, Shiba Inu’s chart structure on the 2-day candlestick timeframe is pointing to an interesting structure. Related Reading: Shiba Inu Completes Bullish Setup: Why A 138% Climb Could Be In The Works A technical analysis by crypto analyst Jonathan Carter highlights a descending triangle formation that could set the stage for a strong bullish move. The setup suggests that if support holds, SHIB could be preparing....
The arguments for the XRP being able to reach $10+ or not have ranged from how high the market cap would have to go, as well as there being too much supply of the token. However, crypto analyst XForceGlobal has debunked it and said that the market cap argument is not valid. In their view, the XRP price is definitely primed for the $10 mark and is only a matter of time before the digital asset reaches this level. Don’t Be Fooled By The Market Cap Argument In a post on the X (formerly Twitter) platform, the crypto analyst warned XRP investors not to be fooled by those who say that the price....
An analyst has pointed out how Shiba Inu (SHIB), Solana (SOL), and Cardano (ADA) are among the altcoins seeing a buy signal on this indicator. Shiba Inu, Solana, & Cardano Form Buy Signal Following Market Crash In a new post on X, analyst Ali Martinez has talked about how a Tom Demark (TD) Sequential signal has formed for Shiba Inu, Solana, and Cardano recently. The “TD Sequential” here refers to an indicator in technical analysis (TA) that’s generally used for finding probable points of reversal in any asset’s price. This indicator typically involves two phases:....
Shiba Inu (SHIB) has been one of the crypto tokens that has been talked about the most since this market cycle began. Different analysts have weighed in and given several bullish price predictions on how high the meme coin could rise as this bull run progresses. Shiba Inu To Hit New All-Time High Soon Shiba […]
The Shiba Inu lead developer has provided eagerly awaited insights on SHIB’s bullish outlook to community members, emphasizing the cryptocurrency’s readiness for the upcoming bull market. Shiba Inu Prepared For Bull Run Shiba Inu’s lead developer, Shytoshi Kusama has taken the initiative to address SHIB’s ongoing developments to Shiba Inu’s community members. Kusama has also […]