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Is a Shiba Inu (SHIB) Bullish Breakout Looming? Top Analyst Weighs In The Coin Republic 24 sept. 2024

Is a Shiba Inu (SHIB) Bullish Breakout Looming? Top Analyst Weighs In 📈

SHIB Shiba Inu

Shiba Inu is currently gaining attention and may enter a new bullish phase, according to analyst Charting Guy. He indicates that SHIB is poised for its first impulsive wave, which could lead it to revisit its 2021 price levels.

According to his weekly chart analysis, the formation of a symmetrical triangle suggests an imminent breakout for SHIB. This technical indicator supports the possibility of a significant price increase in the near future.

Investors are closely monitoring these developments, as a bullish breakout in SHIB could lead to substantial gains. However, as always in the world of cryptocurrency, such predictions come with inherent risks.

Sursă: www.thecoinrepublic.com ↗

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