ETH Gains Boost Altseason View; SHIB’s Bull Pattern Aims for $0.000081
- Shiba Inu (SHIB) shows bullish signals; analyst sees potential 503% surge ahead.
- An inverse head & shoulders pattern targets $0.000081; open interest/volume rise.
- SHIB faces $0.0000145 resistance and historically bearish June performance.
Shiba Inu (SHIB) investors finally have a reason to be hopeful, as fresh signals in the market hint at a possible trend reversal.
Despite dealing with recent market headwinds, some notable whale sell-offs, and general uncertainty, SHIB now appears to be gearing up for what some see as an explosive move. In fact, some analysts have predicted a 503% surge for SHIB in the coming months.
Inverse Head & Shoulders Pattern Could Spark Breakout
At the center of this prediction is an inverse head and shoulders pattern currently forming on SHIB’s chart — a classic bullish indicator often seen before price rallies.
According to one crypto analyst, the token is in the final stages of this pattern, which could trigger a move towards an ambitious first target of $0.000081.
This bullish setup arrives as Ethereum (ETH) gains strength and hints at the early phases of an altcoin season, historically a pe…
The post ETH Gains Boost Altseason View; SHIB’s Bull Pattern Aims for $0.000081 appeared first on Coin Edition.
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ETH Gains Boost Altseason View; SHIB’s Bull Pattern Aims for $0.000081
- Shiba Inu (SHIB) shows bullish signals; analyst sees potential 503% surge ahead.
- An inverse head & shoulders pattern targets $0.000081; open interest/volume rise.
- SHIB faces $0.0000145 resistance and historically bearish June performance.
Shiba Inu (SHIB) investors finally have a reason to be hopeful, as fresh signals in the market hint at a possible trend reversal.
Despite dealing with recent market headwinds, some notable whale sell-offs, and general uncertainty, SHIB now appears to be gearing up for what some see as an explosive move. In fact, some analysts have predicted a 503% surge for SHIB in the coming months.
Inverse Head & Shoulders Pattern Could Spark Breakout
At the center of this prediction is an inverse head and shoulders pattern currently forming on SHIB’s chart — a classic bullish indicator often seen before price rallies.
According to one crypto analyst, the token is in the final stages of this pattern, which could trigger a move towards an ambitious first target of $0.000081.
This bullish setup arrives as Ethereum (ETH) gains strength and hints at the early phases of an altcoin season, historically a pe…
The post ETH Gains Boost Altseason View; SHIB’s Bull Pattern Aims for $0.000081 appeared first on Coin Edition.
Read More
Bitcoin Could Hit $175K, Analyst Says, Citing Fibonacci and Cycle Indicators