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Shiba Inu: A 20% Price Surge Forecasted

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by Giorgi Kostiuk

3 days ago

Shiba Inu (SHIB) recently came into focus as analysts predict a possible 20% surge thanks to breaking resistance levels and technical indicators.

Predicted SHIB Growth

Some analysts predict that Shiba Inu (SHIB) might see a 20% price increase in the near future. This is expected if Shiba Inu can clear a critical resistance level.

Technical Indicators

Based on data and technical indicators, a price surge is forecasted. Breaking the resistance level at $0.00001330 will play a crucial role in the price movement.

Pattern Analysis

Pseudonymous analyst Satori BTC has identified an inverse head and shoulders pattern forming on Shiba Inu's chart. This often signals a potential market bottom.

"The formation of this pattern could signal the end of a recent downtrend."Satori BTC

The resistance level at $0.0000134 has been tested multiple times. A decisive breakout above this level could be the catalyst for a significant price surge in Shiba Inu.

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