The crypto analysis group, Rose Premium Signals, believes that Shiba Inu (SHIB) could experience a significant rebound and reversal after its recent downward trend. The analysis platform points to the meme coin's retest of a support zone and a potential breakout from a falling wedge formation, indicating bullish reversal signals. They predict that SHIB's price could reach highs of $0.00002913, $0.00003612, and $0.00004401, representing potential gains of 77%, 119%, and 167% respectively. This prediction comes after Shiba Inu announced a partnership with the United Arab Emirates' Ministry of Energy and Infrastructure, leading the project's lead developer to argue that it has evolved into a "technology powerhouse."



Other News from Today