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<ul> 
 <li>Crypto expert van de Poppe foresees a 27% SHIB rally, highlighting critical support levels.</li> 
 <li>SHIB’s 40% monthly surge is attributed to community support, exchange listings, and the upcoming Shibarium layer-2.</li> 
 <li>Outperforming Bitcoin and Ethereum by 40%, SHIB’s momentum hints at potential gains amid rising investor interest.</li> 
</ul> 
<p>Respected crypto strategist Michael van de Poppe has painted a bullish picture for Shiba Inu (SHIB), predicting a substantial 27% surge in its value.</p> 
<p>Van de Poppe’s assessment hinged on SHIB’s impressive recent price action, which has witnessed a remarkable uptrend of over 40% within the past month alone. Notably, SHIB has outperformed stalwarts like Bitcoin (BTC) and Ethereum (ETH), indicating its growing allure among investors.</p> 
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   <p lang="en" dir="ltr">As long as <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SHIB</a> holds a few levels, it seems very likely we'll continue towards 1300. <a href="https://t.co/ZkN2H1Kw9o" rel="noopener noreferrer nofollow">pic.twitter.com/ZkN2H1Kw9o</a></p>— Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1691431293341384704?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 15, 2023</a> 
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<p>The crypto expert highlighted three essential support levels for SHIB: $0.00000808, $0.00000870, and $0.00000941. He stressed the importance of SHIB’s adherence to these levels to sustain its bullish trajectory. Nevertheless, the analyst advised vigilance, noting that breaching the lowest support at $0.00000808 might initiate a potential downtrend.</p> 
<p>SHIB’s meteoric rise can be attributed to a confluence of factors, notably its robust community support, listing on major cryptocurrency exchanges, and an eagerly anticipated development: the Shibarium layer-2 solution. The forthcoming launch of Shibarium is expected to alleviate transaction costs on the Shiba Inu network, fostering greater user participation and potentially propelling SHIB’s price further.</p> 
<p>In a landscape where SHIB has surged by 40% while Bitcoin and Ethereum have faltered, the meme-inspired cryptocurrency has captured the imagination of investors. This remarkable performance underscores the mounting interest in SHIB, a trend that could potentially yield additional gains in the coming weeks or months.</p> 
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<h4 class="wp-block-heading" id="h-read-also">Read also:</h4> 
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 <li><a href="https://cryptonewsland.com/crypto-meme-who-let-the-dogs-out-shib-shib-shib-shib-shib/" rel="noopener noreferrer nofollow">Crypto Meme: Who Let the Dogs Out, SHIB, SHIB, SHIB, SHIB, SHIB</a></li> 
 <li><a href="https://cryptonewsland.com/shib-gears-to-150-surge-as-l2-blockchain-approaches/" rel="noopener noreferrer nofollow">SHIB Gears to +150% Surge as L2 Blockchain Approaches</a></li> 
 <li><a href="https://cryptonewsland.com/shibs-unstoppable-surge-whale-adds-2-64-million-time-to-surf-the-surge/" rel="noopener noreferrer nofollow">SHIB’s Unstoppable Surge: Whale Adds $2.64 Million, Time to Surf the Surge</a></li> 
 <li><a href="https://cryptonewsland.com/crypto-analysts-bet-on-dinos-supremacy-over-shib-by-2024/" rel="noopener noreferrer nofollow">Crypto Analysts Bet on DINO’s Supremacy over SHIB by 2024</a></li> 
 <li><a href="https://cryptonewsland.com/shiba-inu-shib-will-be-next-to-run-with-the-bulls/" rel="noopener noreferrer nofollow">Shiba Inu (SHIB) Will Be Next To Run With The Bulls</a></li> 
</ul> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com/crypto-analyst-forecasts-27-surge-for-shib-prepare-for-a-bullish-ride/">Crypto Analyst Forecasts 27% Surge for SHIB: Prepare for a Bullish Ride</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com">Crypto News Land</a>.</p>

Crypto Analyst Forecasts 27% Surge for SHIB: Prepare for a Bullish Ride

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