Shiba Inu Eyes Explosive Growth: Over 200% Surge Ahead, Analyst Says

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Shiba Inu Eyes Explosive Growth: Over 200% Surge Ahead, Analyst Says - NewsBTC

Quick Summary:

This divergence can suggest an over 75% move above the 2024 Highs but that… pic.twitter.com/0L7gwCcSAf — JAVON⚡️MARKS (@JavonTM1) November 26, 2024 The trend basically shows that while the price of SHIB has been producing lower lows, the Relative Strength Index (RSI) has been making higher lows even during a consolidation phase.

One of the main things that supports this statement is the Hidden Bullish Divergence, a technical pattern that shows that price movement is about to happen.$SHIB (Shiba Inu) looks to be in some of its best positions in years, holding well broken out and up over 162% since, while also showing majorly positive responses to a recent Hidden Bullish Divergence!

Related Reading: Crypto Bloodbath: Over $500 Million Liquidated As Bitcoin Slides To $92K – Report Positive indicators Surface For Shiba Inu With reference to Shiba Inu on X, crypto expert Javon Marks expressed hope, noting that the value of SHIB might skyrocket.