A well-known cryptocurrency analyst issued a bullish prediction for Shiba Inu (CRYPTO: SHIB), coinciding with a significant jump in the token’s burn rate over the last 24 hours.
What Happened: On Sunday, widely followed X personality Kevin observed a “rounding bottom formation with an inverse head-and-shoulders” pattern for the popular dog-themed meme coin, prompting a massive 50% price increase projection.
For those unaware, inverse head-and-shoulders is a key chart pattern that signals a potential shift from a bearish to a bullish trend.
Full story available on Benzinga.com
A well-known cryptocurrency analyst issued a bullish prediction for Shiba Inu (CRYPTO: SHIB), coinciding with a significant jump in the token’s burn rate over the last 24 hours.
What Happened: On Sunday, widely followed X personality Kevin observed a “rounding bottom formation with an inverse head-and-shoulders” pattern for the popular dog-themed meme coin, prompting a massive 50% price increase projection.
For those unaware, inverse head-and-shoulders is a key chart pattern that signals a potential shift from a bearish to a bullish trend.
Full story available on Benzinga.com
A well-known cryptocurrency analyst issued a bullish prediction for Shiba Inu (CRYPTO: SHIB), coinciding with a significant jump in the token’s burn rate over the last 24 hours.
What Happened: On Sunday, widely followed X personality Kevin observed a “rounding bottom formation with an inverse head-and-shoulders” pattern for the popular dog-themed meme coin, prompting a massive 50% price increase projection.
For those unaware, inverse head-and-shoulders is a key chart pattern that signals a potential shift from a bearish to a bullish trend.
#ShibaInu has formed a very nice rounding bottom formation with a inverse head n shoulders. Price target is 50% higher …Full story available on Benzinga.com Read More$BTC, $ETH, $SHIB, Cryptocurrency, memecoin, News, Shiba Inu, Markets, $ETH, $BTC, $SHIB, News, Cryptocurrency, Markets, Benzinga News
