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Analyst Lays Out a Two-Stage Roadmap for a 570% Shiba Inu Rally


by Ikemefula Aruogu
for CoinEdition
An analyst's Shiba Inu (SHIB) price chart shows a roadmap for a potential 570% rally to $0.000081.
  • Analyst Javon Marks is predicting a 570% rally for Shiba Inu (SHIB) to a target of $0.000081
  • The call is based on a bullish MACD divergence, a key technical indicator signaling a trend reversal
  • The roadmap includes a 163% initial rally to $0.00003229 before the final move to the main target

Prominent technical analyst Javon Marks is calling for a massive 570% rally for Shiba Inu (SHIB) to a target of $0.000081. He argues that a key bullish signal on the MACD indicator suggests the meme coin’s long downtrend is nearing its end and a major trend reversal is imminent.

Key ‘Buy’ Signal Flashes on the SHIB Chart

Despite SHIB’s recent price struggles, which saw it pull back from its 30-day high of $0.00001417, Marks remains bullish, pointing to a classic technical setup. 

What is the …

The post Analyst Lays Out a Two-Stage Roadmap for a 570% Shiba Inu Rally appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Shiba Inu’s ‘Dull Phase’ May Be Over, Analyst Targets 18-Month High

Shiba Inu’s ‘Dull Phase’ May Be Over, Analyst Targets 18-Month High

Shiba Inu has spent months stuck in a narrow price range, but one analyst believes th...
Shiba Inu Forms a Descending Triangle, But Key Indicators Are Flashing Bullish

Shiba Inu Forms a Descending Triangle, But Key Indicators Are Flashing Bullish

Shiba Inu (SHIB) is showing a bearish structure on its daily chart, with technical in...

Analyst Lays Out a Two-Stage Roadmap for a 570% Shiba Inu Rally


by Ikemefula Aruogu
for CoinEdition
An analyst's Shiba Inu (SHIB) price chart shows a roadmap for a potential 570% rally to $0.000081.
  • Analyst Javon Marks is predicting a 570% rally for Shiba Inu (SHIB) to a target of $0.000081
  • The call is based on a bullish MACD divergence, a key technical indicator signaling a trend reversal
  • The roadmap includes a 163% initial rally to $0.00003229 before the final move to the main target

Prominent technical analyst Javon Marks is calling for a massive 570% rally for Shiba Inu (SHIB) to a target of $0.000081. He argues that a key bullish signal on the MACD indicator suggests the meme coin’s long downtrend is nearing its end and a major trend reversal is imminent.

Key ‘Buy’ Signal Flashes on the SHIB Chart

Despite SHIB’s recent price struggles, which saw it pull back from its 30-day high of $0.00001417, Marks remains bullish, pointing to a classic technical setup. 

What is the …

The post Analyst Lays Out a Two-Stage Roadmap for a 570% Shiba Inu Rally appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Shiba Inu’s ‘Dull Phase’ May Be Over, Analyst Targets 18-Month High

Shiba Inu’s ‘Dull Phase’ May Be Over, Analyst Targets 18-Month High

Shiba Inu has spent months stuck in a narrow price range, but one analyst believes th...
Shiba Inu Forms a Descending Triangle, But Key Indicators Are Flashing Bullish

Shiba Inu Forms a Descending Triangle, But Key Indicators Are Flashing Bullish

Shiba Inu (SHIB) is showing a bearish structure on its daily chart, with technical in...