Market analyst Javon Marks predicts that Shiba Inu (SHIB) could see a 480% surge, setting a price target of $0.000081. SHIB has recently shown positive price movements above a key resistance trendline, with some analysts even suggesting a rise to $0.00015. Currently, SHIB is trading at $0.00001320 with increased trading volume. However, the market sentiment is mixed as bulls and bears continue to fight. SHIB faces resistance at levels such as $0.00001380 and $0.00001400, but if it can break through these levels, further gains may be possible. On the other hand, strong support lies at $0.00001320 and $0.00001298. Technical indicators suggest weak momentum and slightly oversold conditions for SHIB, but there are signs of potential stabilization. Overall, the market outlook is bullish if SHIB can maintain its momentum, but a drop below key support levels may bring back bearish pressure.
Content Editor ( coinedition.com )
- 2025-03-07
Shiba Inu (SHIB) Set for 480% Surge? Analyst Price Target Sparks Hope
