The recent rally and increasing investor confidence indicate the potential for Shiba Inu (SHIB) to surge 2x in July.
SHIB's price is testing important support levels, and a breakout could lead it towards significant price targets.
Crypto analyst Jonathan Carter suggests that SHIB is approaching a crucial breakout point that could trigger a 2x rally from its current level of $0.00001349.
On-chain data shows strong accumulation by large wallets, indicating growing confidence among institutional investors and major holders in SHIB's potential for significant gains.