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Shiba Inu Skyrocketing Potential: Could SHIB Surge 500%? Newsbtc 19 aug. 2024

Shiba Inu Skyrocketing Potential: Could SHIB Surge 500%? 🚀

Shiba Inu (SHIB) may be gearing up for a massive spike, with cryptocurrency analysts divided on its next move. Javon Marks, a popular social media influencer, is bullish, predicting a major breakout for SHIB based on a Falling Wedge pattern.

Marks believes this pattern suggests a bullish reversal, and notes recent price actions indicating a potential 498% surge to $0.000081. Rising investor interest is also noted, although the current price has only slightly increased.

However, not all analysts agree. Alan Santana suggests SHIB is in a correction phase and advises long-term accumulation instead of expecting immediate gains. He believes consolidation is best for patient investors and sees substantial growth by 2025.

Santana views the current range as an accumulation zone, where investors can build positions before a potential 20 to 25-fold increase during the next bull run. He emphasizes that patience is crucial for those looking at long-term gains.

Sursă: www.newsbtc.com ↗

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