Analyst Javon Marks notes a bullish divergence completed for Shiba Inu, suggesting a potential positive reversal with a target of $0.000032.
Shiba Inu is trading at $0.00001178, showing a 2.1% gain in 24 hours and a 2.4% rise over the past week amid moderate volatility.
The analysis points to a bullish divergence between SHIB’s price action and the MACD indicator, indicating a potential bullish crossover on the horizon.
With projections of a larger positive reversal for Shiba Inu, social media discussions have been sparked with bold price predictions like $0.01, though concerns about the token supply impacting significant gains persist.