Shiba Inu Price Eyes 250% Surge Amid Falling Wedge Breakout
Recent analysis shows that Shiba INU prices have formed a wedge pattern that is about to burst above them. Technical indicators Hebrew can start a large-scale gathering Once this breakthrough occurs, analysis predicts that the price increase will exceed 250% in the coming months.
Shiba INU price rises 250% in rally
Shiba Inu (Shib) is the second largest meme cryptocurrency in market capitalization, and is Showing signs of potential breakthrough rise. A crypto analyst identified as rose advanced signal on X (formerly Twitter) Highlight The bridge is currently being retested in a perfect accumulation zone, representing a critical level of support, historically a launch pad for price rally. Analysts predict that Zhixia INU’s price increase is a new high of 250%.
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back After months of decline and fluctuationsprice has formed a unique technical model called Dropped wedge. This pattern is a classic bullish reversal signal, formed when the price action of cryptocurrencies is on the downward trend.
Considering that INU has Recorded multiple price crashes For new lows, the emergence of this pattern has brought optimism into the future prospects of the meme coin. Rose Premium Signals shares a price chart that gives a clearer understanding of this technology model. The chart shows that Shib is approaching the vertex of its drop wedge pattern and is on the verge of breaking through.
success Breakthrough from this bullish model It could trigger a sharp upward movement, pushing the Shiba INU price toward a critical resistance level at $0.00002913, $0.00003612, and ends at $0.000044401. The final price target is up 251% over Shiba INU’s current market value.
Analysts set a schedule for his schedule Optimistic predictionspredicted that Volunteer INU will reach a price of $0.00004401 for the next 77 days (around April 29, 2025). shiba inu price breakdown Before the meeting is expected.
The analyst predicts that the volunteer INU may drop and reach a final price of $0.00001299, and then it starts to surge to $0.00004401. This price crash is expected to occur around March 2025. If this bearish projection holds, it is possible Provides major purchasing opportunities For investors who aim to capitalize on analysts’ 250% SHIB price rally forecasts.
TD order flash purchase signal
According to CoinMarketCap, the SHIB price is currently trading at $0.000015, down 3.9% in the past 24 hours and down 23.8% in the past month. While meme coins still face bearish pressure, crypto analyst Ali Martinez reveal TD order indicator of shiba inu has Flashing purchase signal On weekly charts.
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Due to this technical indicator, analysts speculate that shiba inu is Show signs of potential rebound rise. He shared a chart and predicted Shib could move towards a new goal of $0.0000185.
Featured images from Istock, charts from TradingView.com
