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SHIB Lead: “I Can’t Agree More” – 12x Growth Predicted by Cup & Handle

3d ago
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Lucie Backs Analyst Prediction of 1200% Shiba Inu Price Increase
  • Ascending triangle formation signals SHIB may soon trigger a bullish price breakout
  • Fibonacci levels highlight potential targets in SHIB’s extended uptrend projection
  • Cup-and-Handle pattern boosts case for long-term SHIB rally toward All-Time High

Shiba Inu, SHIB’s price is edging closer to a critical resistance level and with the token trading around $0.00001515, the latest price action suggests growing investor optimism. 

The market has seen a notable 12.73% jump in SHIB’s value over the last 24 hours, and it’s up by a substantial 20.60% in the past week. As SHIB gains momentum, analysts are starting to believe that the token could be on the verge of a major breakout, which might signal the start of a powerful rally.

What Technical Signals Suggest SHIB Could Break Out?

According to analyst SHIB KNIGHT, SHIB is forming an ascending triangle, a structure that often signals an upcoming bullish breakout. The token is now nearing a resistance zone located between $0.00001360 and $0.00001400. 

If SHIB decisively pushes above this range, and the move has strong trading volume behind it, this could open the door for the price to reach targets between $0.…

The post SHIB Lead: “I Can’t Agree More” – 12x Growth Predicted by Cup & Handle appeared first on Coin Edition.

3d ago
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