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The post <a href="https://coinpedia.org/price-analysis/chatgpt-predicts-shiba-inu-price-to-surge-130-in-february/">Chatgpt Predicts Shiba Inu Price To Surge 130% in February</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a> 
With a market cap of $5.36 billion, the second biggest meme coin, <a href="https://coinpedia.org/price-prediction/shiba-inu-price-prediction/">Shiba Inu Price</a> is preparing for a bullish breakout this month. As the market recovery anticipations are higher in February, with a proven track record over the year, the altcoins, especially meme coins, are preparing for a bull run.&nbsp; 
However, the SHIB price spirals down in a falling wedge pattern, challenging the bottom support at the $0.0000090 mark. Due to such a volatile and bearish dropback in the daily chart, we tasked the trending ChatGPT to predict the bullish breakout and the potential uptrend gains.&nbsp; 
<figure class="wp-block-image size-large">
 <img decoding="async" width="1024" height="464" src="https://image.coinpedia.org/wp-content/uploads/2024/02/03160333/image-26-1024x464.png" alt="" class="wp-image-266684" srcset="https://image.coinpedia.org/wp-content/uploads/2024/02/03160333/image-26-1024x464.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/02/03160333/image-26-300x136.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/02/03160333/image-26-768x348.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/02/03160333/image-26-1536x696.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/02/03160333/image-26-150x68.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/02/03160333/image-26.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
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 Source: <a href="https://www.tradingview.com/x/o6M95FHV/">Tradingview</a>
 </figcaption>
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The SHIB price currently trades at $0.00000910 with a minimal but positive intraday move. Further, the reversal from the 200-day EMA teases a morning star pattern to solidify the reversal point.&nbsp; 
The bullish reversal from the 200-day EMA can break the falling wedge pattern and fuel a supersonic rally.&nbsp; 
Further, the declining trend in the intraday trading volume during the pullback phase increases the likelihood of a breakout phase.&nbsp; 
Also Read : <a href="https://coinpedia.org/price-analysis/jup-hits-0-62-what-lies-ahead-in-the-exciting-future-of-jupiters-token/">Jupiter Price Prediction: What Next For JUP Token Price?</a> 
<h2 class="wp-block-heading" id="h-chatgpt-supports-the-bullish-breakout-rally-nbsp">ChatGPT Supports The Bullish Breakout Rally&nbsp;</h2> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/RQ_cXlFrmZWG847IcnlRcRJWJqutvqc0oKgayKuAwWQ7qaxSPGvzkseokiRKf0Ji-XQq-VQ3eT6mx2HfYzMSxdC9p5bdaZRaybTVS1arJm-hkZyveowZ4S9X58UXvQPO6k2O8le98k0N4fA8O5u4F7Q" alt="">
</figure> 
According to ChatGPT, the breakout rally can fuel a bull run and help SHIB price target $0.00002105 in February 2024. 
Conversely, a plunge below the $0.0000090 will change the price dynamics and potentially lead to a bearish turnaround.&nbsp;

Chatgpt Predicts Shiba Inu Price To Surge 130% in February

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