Shiba Inu holds strong: SHIB investors may anticipate potential 30% surge following bullish prediction.
In a comprehensive analysis, I suggested that SHIB might experience a significant breakout if it manages to uphold the crucial support level at $0.0000103.
My forecast, made when SHIB was valued at $0.000011, has already seen some validation as the token surged to nearly $0.000012 before a modest correction of over 10%.
Despite the correction, SHIB resiliently clung to the $0.0000103 level, this a key point for support zone. Presently, the meme token is trading 4% above this level.
SHIB traders are now closely monitoring this level, as a sustained hold could potentially trigger another wave of upside, with the potential for a more than 30% increase.
Shiba Inu shines green.
Yesterday's remarkable performance saw the token gain over 20%, leaving a substantial green daily candle on the price chart. This surge contributed to a notable 28% rate of return for the Shiba Inu token since the start of December.
With momentum building the community is eagerly speculating on whether SHIB can reach the projected target of $0.000014 before the close of 2024.
Shiba Inu enthusiasts are on the edge of their seats, as their favorite token continues to defy common expectations.
The question remains: Can SHIB achieve the projected surge, or will external factors influence its trajectory in the coming days?