Analyst Andy predicts a 400% price surge for Shiba Inu, suggesting a breakout from a 1,000-day consolidation pattern to new all-time highs.
Andy highlights technical indicators, including the 1.618 Fibonacci time extension and an inverse head-and-shoulders pattern, signaling potential upward momentum for SHIB.
Positive ecosystem developments like Shibarium upgrades and token burns, along with diminishing exchange supply and bullish market sentiment, are cited as factors that could support a Shiba Inu rally.
Other analysts like Javon Marks and SHIB Knight also provide bullish outlooks, with potential price targets of $0.000081 and $0.00002 respectively, indicating further upside potential for SHIB.