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Perhaps the two-year merger was the start of this critical period, because the historic public space also brought about a resurgence in Shiba Inu (SHIB) prices.
The power of the meme that started the year showing staying power, is making a comeback this week after what appears to be a short, healthy run.
This is very important for SHIB. A sharp drop here would confirm its most important testing ground in the bull market, the long-term key area around $0.0000068.
Throughout the history of the Shiba Inu, this level has served as a starting point, showing a wave of waves and turning on a wave of energy that gains about 640%.
If the area is active again, those who took the initial position and bought on the dip may feel the weight of the next wave as soon as it starts.
Shiba Inu (SHIB) price predictions: how will the price increase?
The combined year has created a falling mill that is now nearing its peak, causing the outflow of life-saving facilities to settle down before the last one.
Price action over the past two months confirms this, creating a bullish head and shoulders. The recent decline indicates that the right shoulder is forming, paving the way for an uptrend.
Momentum indicators support the bullish trend. Although the Relative Strength Index (RSI) has dipped slightly below the neutral level of 50, the spread that it displays indicates that a reversal is imminent.
MACD’s recent negative crossing below the signal line appears to be a stop rather than a reversal, as it occurred near the highs that saw a major consolidation within the system.
If the right shoulder develops enough, the pressure will gradually move to the main wedge at the level of $ 0.00001.
The definitive breakout looks for a 320% rally to $0.000033, although if the bull market continues strong, the rally could continue up to 490% to an all-time high around $0.000042.
This level should hold as support before the market sees a full 320% explosion to $0.000033. In the booming altcoin era, this move could see gains of up to 490% to reach a new high of around $0.000042.
Maxi Dodge: SHIB is probably not worth watching
Although the tried and tested dog signs are easy to choose, when the capital returns to the meme currency, the power returns to choose the one with the highest risk.
History clearly shows: Dogecoin started the trend, then Shiba Inu took off in 2021, followed by Floki, Bonk, Dogevat, and Nero. In the end, each round bull installs a new leader inspired by Dogecoin.
This time, you benefit Maxi Doge ($MAXI) From the early days of Dogecoin to a community built around sharing alphas, business ideas, and competition.
Participation is very important. The Maxi Ripped and Maxi Pump Weekend competition rewards top finishers with leaderboard recognition, incentives, and bragging rights.
The hype is already starting to show in the numbers. It has collected a penny sale $ MAXI is about $ 4.5 million, where the first supporters receive money Annual savings of up to 69% with savings rewards.
For those who have missed Doge waves in the past, Maxi Doge could be your next chance to cash in on the meme before it hits the mainstream.
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A note Shiba Inu Coin Price Prediction: Shiba Confirms Long-Term Stability – Is This The Last Coin Buyers Have Been Waiting For? appeared for the first time Cryptonews Arabic.
