Crypto analyst Javon Marks believes that Shiba Inu (SHIB) is still on track to reach its all-time high (ATH) despite the recent market downturn. The broader crypto market saw a sideways movement after a bullish week, with Bitcoin leading the recovery. Shiba Inu also experienced gains during this time. However, the market has since slumped, and SHIB has given up most of its previous gains. Marks insists that SHIB will see a 348% surge to $0.000081 based on a hidden bullish divergence pattern on the 6-day timeframe. He believes SHIB is in the early stages of a massive continuation and expects it to appreciate considerably from here. While some analysts predict a downtrend for SHIB due to resistance at $0.00002, others believe it will surpass the resistance and see a 51% surge to $0.000027.
- Content Editor ( thecryptobasic.com )
- 2024-10-23
Shiba Inu Projected 348% Rise to $0.000081 Unaffected, Says Analyst