Shiba Inu (SHIB) is attracting interest due to its strong performance and growth potential as 2024 ends. Trading at $0.00002566, SHIB shows signs of a big rally, exciting investors and enthusiasts. Positive technical signals suggest a notable price increase shortly.
Crypto expert Javon Marks highlights SHIB's impressive 162% growth and anticipates further gains, supported by a Hidden Bullish Divergence pattern. This suggests a major upward move, potentially exceeding 75% above 2024 highs. Recently, SHIB's price fluctuations include a 3.35% weekly and 54% monthly rise, despite a 4.08% half-year decline.
Despite volatility, SHIB's ecosystem projects and community may drive further growth. Key price levels influence SHIB's future, with $0.000081 as a significant resistance point. Breaking this level could lead to a 215% increase, and SHIB might reach $0.00000900 if it surpasses $0.00000850 support.
CoinCheckup's data predicts a 102% increase in the next six months for long-term investors, followed by a 92% rise in the following year. Technical indicators suggest a possible breakout, with SHIB poised for a new development phase. Investors should monitor current levels for significant opportunities.
