Home > Information news > Shiba Inu (SHIB) Signals Bullish Trend: Potential for 150% Price Surge Looms

Shiba Inu (SHIB) Signals Bullish Trend: Potential for 150% Price Surge Looms

Release: 2024/05/04 13:41 Reading: 734

Original author:CO NEWS

Original source:https://coinmarketcap.com/community/articles/66341c0ce0331141deaf65d5

Shiba Inu (SHIB) Signals Bullish Trend: Potential for 150% Price Surge Looms

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Shiba Inu (SHIB) is poised for a significant price rally, according to crypto analyst Ali Martinez, who has identified a bullish pattern on the meme coin’s chart.

The analyst predicts a potential 150% gain for SHIB, based on the formation of a bull flag on its daily chart.

Other crypto analysts have also predicted substantial price gains for SHIB, reinforcing the optimistic outlook for the meme coin.

Shiba Inu (SHIB) could soon witness a significant price rally, with crypto analyst Ali Martinez highlighting a bullish pattern forming on the meme coin’s chart.

A Bull Flag Is Forming On SHIB’s Chart

Martinez mentioned in a post that Shiba Inu appears to be forming a bull flag on its daily chart. This bullish pattern suggests that the crypto asset may soon experience further upward movement. The analyst has placed a buy order around $0.000018343, anticipating a bullish breakout that could propel Shiba Inu’s price to $0.000072323.

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