Shiba Inu (SHIB) is showing some interesting signs on its price chart that could mean good things for investors.
Hidden Bull Divergence: A Technical Signal for Growth
A crypto analyst named Javon Marks has spotted a “Hidden Bull Divergence” pattern on the SHIB chart. This pattern is a technical indicator that often signals a price increase, even when the overall market is struggling. Marks believes this could lead to a massive 330% price jump for SHIB, potentially reaching $0.000081.
SHIB’s Potential for Growth
Marks predicts that SHIB could see its price climb to $0.00008 by 2025, with the potential to reach even higher levels at $0.0001553. This would represent a significant increase from its current price of $0.00001775.
Signs of a Rebound
Another analyst, known as “Flatleak,” has also noticed positive signs for SHIB. They believe that the coin is showing signs of a rebound from recent lows, with several indicators suggesting that downward pressure is easing.
Bullish Outlook for SHIB
The combination of the Hidden Bull Divergence pattern and other positive indicators suggests that SHIB could be on the verge of a significant price increase. While the market is volatile, both analysts remain optimistic about the future of SHIB, with Flatleak setting a target of $0.000022 for the next bull run.
