You Won’t Believe What This Analyst Says About Shiba Inu’s 415% Price Surge!

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Well, well, well. Just when you thought the crypto market couldn’t get any more exciting, enter Shiba Inu! Yes, that’s right, the very same adorable, meme-worthy token that’s ready to take a wild, almost absurd, ride to the moon. According to the latest “expert predictions” (because who doesn’t love those?), Shiba Inu might just skyrocket by a whopping 415% from its current levels. Hold onto your hats, folks, it’s going to be a bumpy ride!

But wait—there’s more. Technical analysis is suggesting that we could be on the verge of something big. And I mean big, as in possibly sending your Shiba Inu portfolio into another stratosphere. So, what’s going on? Well, get ready for this: Shiba Inu has shown some remarkable strength recently. Sounds promising, right? You better believe it!

Shiba Inu’s Price Action: The Dogs Are on the Hunt!

According to market expert Javon Marks (who sounds like he knows what he’s talking about, doesn’t he?), Shiba Inu has broken out of its rather grim descending channel. Yes, you heard that right—no more walls of doom for SHIB. At press time, it’s trading at a scintillating $0.00001468, which is already a nice 12% surge from its earlier low. If that doesn’t get you excited, I don’t know what will!

In a tweet that had us all reeling with excitement, Marks announced, “SHIB’s prices are starting to return with signs of strength…expecting 2x after successful breakout.” A “2x” after a successful breakout? Sounds like the perfect start for an even bigger journey, maybe even up to a mind-blowing $0.000081. Who knows? Certainly not anyone with a crystal ball, but technical analysis is hinting that this is the real deal.

Now, this price level? It’s not just a random number. It represents a 415% increase from Shiba Inu’s current value. That’s right—four hundred and fifteen percent. So, as long as SHIB stays above the critical breakout levels, it looks like the sky is the limit. But hey, no pressure.

And Just When You Thought It Couldn’t Get Any Better…

Another analyst, CryptoELITES (yes, they’re elite, so they must know what they’re doing, right?), also believes in Shiba Inu’s potential for growth. They predict SHIB could soar to around $0.0001833, which would mark a ridiculous 1200% increase from its current price. Let that sink in for a moment. 1200%. That’s not just a price move; that’s a rocket launch!

What’s their secret sauce? Apparently, it’s the “cup-and-handle” pattern, a technical chart formation that’s typically linked to upward movements. According to CryptoELITES, the cup portion of the pattern formed back in October 2021, and now we’re in the handle part. The breakout from the support line earlier this year could lead us straight to that magical $0.0001833 level. Just don’t go spending all that crypto wealth yet—patience is a virtue, after all.

Why Not a 12X for $SHIB?

We’re sitting in a strong buy zone, and a big move is coming soon! #SHIBARMY Are you ready? #SHIB $SHIB #Shiba $Shiba

— SHIB Bezos (@BezosCrypto) March 26, 2025

But of course, there’s always a catch. The price still needs to break through a few key barriers first. You know, small things like the $0.00003117 level before we get to the moon. Once that happens, we’re left with a tiny little thing called $0.00008757 as the next resistance. Easy, right? Just a walk in the park… or a run through the jungle, depending on how you look at it.

Recent Market Movements: SHIB’s Looking Pretty Strong

Now, let’s talk about something that’s a little more tangible—like the fact that Shiba Inu rose by more than 15% in just the last 24 hours. Seriously, this is not a drill. This surge is reflected in the overall market capitalization, and that’s not even the best part. According to on-chain data, over $2.57 billion worth of SHIB tokens are now “in profit.” That’s a lot of people sitting pretty. So, if you’re one of them, you might want to update your portfolio to include a nice vacation.

Oh, and get this: Shiba Inu’s 15% rise outperformed Bitcoin’s measly 1% rise in the same period. Looks like people are finally realizing that dogs might actually be better than Bitcoin. Who knew? Shiba Inu’s performance is also riding high above the 50-day simple moving average (SMA) of $0.00001416, a key level that has been capping its price since December 2024. So, if it stays above that level, well, it looks like we’re in for more fun times ahead.

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2025-03-26 20:10