Analyst Predicts Shiba Inu Prcie Will Rally 608%, Here’s When

Although Shiba Inu has remained the second-largest meme coin by market cap , its price performance in recent times has left much to be ￰0￱ meme coin has failed to put in a new all-time high this cycle, with the price down more than 88% from its all-time high levels from 2021. However, even this underperformance has not eroded the bullish sentiment surrounding the token, as one analyst has predicted that the Shiba Inu price still has more to ￰1￱ Will End, And Shiba Inu Price Will Surge Over the last few months, the Shiba Inu price has fallen into a consolidation trend that has waxed stronger with the uncertain market ￰2￱ has seen the price trade in a very tight range during this time, holding between $0.000009 and $0.000013 without any significant breakout in ￰3￱ with any consolidation trend, this time has been seen as a good time to get into the meme coin and begin buying at a discount .

However, this is also entirely dependent on how long the consolidation is expected to last before there is a breakout, which would determine if accumulation was a good choice or ￰4￱ to crypto analyst MMBTtrader, this current consolidation may be presenting a good opportunity for ￰5￱ far, the Shiba Inu price has seen a persistent dominance of low volatility, and the momentum has remained muted. Historically, during times of quiet like these, the best entries and trades are made. Furthermore, the crypto analyst pointed out that the Shiba Inu consolidation and accumulation phase may actually be nearing its ￰6￱ now, the only thing left would be a catalyst that would trigger the next wave of the ￰7￱ could be in the form of bullish news or a technical ￰8￱ way, the outcome is expected to be the ￰9￱ For New Yearly Highs In the case of a breakout, the crypto analyst expects the Shiba Inu price to see a notable and sharp ￰10￱ targets are set out for the meme coin, but all with triple-digit ￰11￱ first of these is a 200% breakout to the $0.00003364 ￰12￱ on the list is a 402% price increase that would push the Shiba Inu price as high as $0.00005480.

While the final target is a 608% increase to push it above the $0.000075 ￰13￱ none of these puts it above its previous all-time high levels, it does send it quite ￰14￱ for the timeframe for this breakout to be completed, the crypto analyst puts it between 2026 and 2027, so over a year before completion.