Shiba

Momentum

Propel

Shiba Inu

<ul class="news-points"> 
 <li><strong>SHIB’s burn rate skyrockets 4200%, fueling market optimism and price support.</strong></li> 
 <li><strong>Technical analysis reveals SHIB’s bullish breakout potential from a symmetrical triangle.</strong></li> 
 <li><strong>Shiba Inu may be on the brink of a 51% rally, eyeing a triumphant return to its 12-month peak.</strong></li> 
</ul> 
<p>As per the market analysts, <a href="https://coinedition.com/shiba-inu-shib-price-prediction/">Shiba Inu (SHIB)</a> is about to enter an enormous breakthrough. The latest developments and a technical analysis point out that Shiba Inu might have a 52% rally, which means that the cryptocurrency will likely reach the 12-month high level. Such optimistic prediction is under fluctuating market dynamics, where Shiba Inu has shown the spirit and possibility of strong growth.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$SHIB</a> 1WEEK Chart:<br><br>Breakout target is 1400. Breakout should be confirmed, it's still moving in pattern rn. <a href="https://t.co/IId3C9SRCm" target="_blank" rel="nofollow">pic.twitter.com/IId3C9SRCm</a></p>— $SHIB KNIGHT (@army_shiba) <a href="https://twitter.com/army_shiba/status/1760604104399704307?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">February 22, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<h2 class="wp-block-heading" id="h-shiba-inu-market-momentum-grows"><a></a><strong>Shiba Inu Market Momentum Grows</strong></h2> 
<p>The current price of SHIB is $0.000009569. Even though Shiba Inu had a slightly negative growth of -2.32% over the previous seven days, it had shown signs of recovery in the past 24 hours, with gains. The revival is supported by the momentum of the whole market, partly influenced by the rise …</p>
<p>The post <a href="https://coinedition.com/price-analysis-could-a-shib-breakout-propel-it-to-a-12-month-high/">Price Analysis: Could a SHIB Breakout Propel It to a 12-Month High?</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Price Analysis: Could a SHIB Breakout Propel It to a 12-Month High?

Table of Contents

Coin Edition

Other articles published on Feb 23, 2024

Craig Wright trial reveals never-before-seen emails from Satoshi Nakamoto

Tyler Perry Halts $800 Million Studio Expansion Due to AI Advancements

Is AVAX Ready for a Bullish Surge? Crypto Expert Weighs In

XRP Bulls Stand Firm as Price Dips: Will $0.50 Be Defended?

How To Sell Pi Coin? Here Are Some P2P Methods To Explore in 2024

This Is When The Real Altcoin Season Will Begin

Join our free newsletter for daily crypto updates!