Shiba

Rally

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Shiba Inu

Ali Martinez, one of the most well-known analysts in the cryptocurrency world, evaluated Shiba Inu (SHIB) in his latest analysis. 
According to the analyst, SHIB has started to form a symmetrical triangle formation on its 4-hour chart. Martinez claimed that if there is a sustainable close above $0.000038, a 40% bullish rally could occur and the SHIB price could climb towards $0.000052. 
At the time of writing this article, SHIB price is trading at $0.00003511 and has increased by 286% in the last month. 
However, the analyst also warned that the bull scenario he mentioned above will be invalid if the SHIB price falls below $0.000033. 
Related News: <a href="https://en.bitcoinsistemi.com/analyst-il-capo-of-crypto-continues-bearish-messages-again-after-record-in-bitcoin/" target="_blank" rel="dofollow">Analyst il Capo of Crypto Continues Bearish Messages Again After Record in Bitcoin</a> 
Recently, memecoins have maintained their place on the agenda with their rise. While the original memecoin Dogecoin has increased by 124% in the last month, WIF, one of the DOGE imitation cryptocurrencies, has increased by an impressive 757% and has become the 59th largest cryptocurrency. However, these coins do not have any intrinsic value and the rise in their prices is due to speculation. 
*This is not investment advice. 
 Continue Reading: <a href="https://en.bitcoinsistemi.com/prominent-analyst-evaluates-shiba-inu-shib-reveals-the-point-where-he-claims-the-rally-will-begin/">Prominent Analyst Evaluates Shiba Inu (SHIB): Reveals the Point Where He Claims the Rally Will Begin</a>

Prominent Analyst Evaluates Shiba Inu (SHIB): Reveals the Point Where He Claims the Rally Will Begin

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