Shiba Inu (SHIB), a popular dog-themed cryptocurrency, saw an 8.18% increase in value last week during Bitcoin's bull run. Analyst MMBTtrader is optimistic, predicting a 200% rise to $0.000038, based on previous upward patterns. He forecasts higher highs and lows, potentially reaching $0.00003852 if market conditions hold.
Conversely, SwallowPremium anticipates a more conservative climb, predicting SHIB will peak at $0.0000216 before a 35% correction to $0.000014075. A move above $0.0000216 could invalidate this bearish scenario, leading to greater gains.
Shiba Inu currently trades at $0.00001925, hovering 11% below resistance at $0.0000216. Conflicting analyst views highlight uncertainty in SHIB's trajectory. Whether SHIB can surmount resistance and maintain momentum will be crucial in the coming weeks.
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