A top Bitcoin analyst has predicted a potential 2,276% surge for Shiba Inu based on a positive technical outlook. Despite recent losses, the analyst believes that Shiba Inu has strong potential for growth, supported by a classic cup-and-handle pattern. The analysis outlines three ambitious price targets for Shiba Inu, with the highest target being $0.000472905. If these levels are met, SHIB could deliver a gain of 2,276% from its current price. The key factor for this potential surge is Bitcoin's decreasing dominance, which often shifts market focus to altcoins. Other analysts have also issued positive forecasts for Shiba Inu, with one predicting a potential rally of 543% to a new all-time high.
Content Editor ( thecryptobasic.com )
- 2025-01-25
Bitcoin Analyst Projects 2,276% Shiba Inu Surge to $0.0004729, Says Technical Outlook is Positive
