The battle between Shiba Inu (SHIB) and Dogecoin (DOGE) is heating up, and everyone’s talking about it. One investment firm, Sistine Research, thinks SHIB might be the winner in the long run.
Chart Analysis Points to SHIB Outperforming DOGE
Sistine Research took a close look at how SHIB and DOGE have been trading against each other. They noticed some interesting patterns:
- Support Zone: SHIB has been bouncing off a certain price level against DOGE, acting like a floor.
- Resistance Zone: There’s another price level that seems to be a ceiling, stopping SHIB from going higher.
Sistine believes that SHIB could break through that ceiling and rise significantly against DOGE by 2025.
How SHIB Could Surge
Here’s how Sistine sees it playing out:
- Breakout: SHIB is currently trading near the support zone. Sistine thinks this could be a launching pad for a big jump.
- Target: SHIB could potentially reach the resistance zone, which would be a 95% increase from where it is now.
- Outperforming DOGE: If SHIB keeps its momentum, Sistine thinks it could outperform DOGE by 2025.
What’s Next for SHIB?
It’s still early days, but SHIB has been doing well lately, with its price rising by 7.16% in the past week. If it can keep up this pace and break through the resistance zone, it could be a big year for SHIB. But remember, this is just one firm’s opinion, and the crypto market is always unpredictable.
