Crypto guru Jonathan Carter has just dropped a *bombshell* about Shiba Inu. He’s talking about a “technical pattern” that could send this meme coin flying-up, up, and away-beyond that seemingly insurmountable $0.00002 level. Yeah, you heard it, that level. The one that makes you question if you’ve been too distracted by cat memes to understand crypto at all. 😅
The “Descending Channel Breakout” That’s Got Everyone Talking
So here’s the lowdown: Carter’s Twitter fingers have been busy, and he’s confirmed that Shiba Inu has broken out of its *descending channel*. I know, it sounds like something out of a space documentary, but just go with it. Apparently, the coin has busted through this channel like it’s auditioning for the next Fast & Furious movie, and now it’s hanging out just below the 50-day moving average (MA). That’s some serious market gossip, right?
if SHIB breaks above $0.000025, it could rocket up to $0.000033, though that’s one tough cookie of a resistance level. No pressure, Shiba Inu.
But wait, there’s more! Enter analyst Javon Marks, who thinks Shiba Inu could be gearing up for an even bigger surprise-a 163% rally to the glorious $0.00003 mark. That’s not just a random number, folks; it’s a “bullish pattern” confirmed by the MACD Histogram, which is basically financial wizardry. So, yeah, a huge reversal might be on the horizon, according to Marks. Don’t say we didn’t warn you. 💥
Despite Shiba Inu’s rough performance-down over 42% year-to-date-there are still some *die-hard* optimists in the crowd. Take Shib Spain, for instance. He believes the longer SHIB keeps accumulating, the more *explosive* its eventual rise will be. I guess we’ll just have to wait and see. Popcorn, anyone?
Shiba Inu: At a Crossroads (with a Side of Tension)
And now, let’s talk about the crossroads Shiba Inu finds itself at. Crypto analyst CobraVanguard is on the case, pointing out a triangle pattern that’s just begging to break one way or the other. Sounds intense, doesn’t it? If SHIB dips below $0.000012251, brace yourselves for a possible drop to $0.000011269. But if it does the unthinkable and breaks above this level, we might be looking at $0.000014183 in the short term. Just imagine: $0.00002, here we come!
At the time of writing, Shiba Inu is hanging out at around $0.00001240, showing a slight uptick in the past 24 hours. Could this be the calm before the storm? Only time will tell, folks.
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2025-09-03 17:20