• Shiba Inu (SHIB) is expected to surge by 45 percent, from $0.000009 to around $0.000013, if it manages to retain its support levels.
• The introduction of Shibarium might further propel SHIB towards a potential trajectory of $0.01 and turn investors into millionaires.
• Since June 10, the price has surged 80%, recovering the ascending support line and surpassing Bitcoin and the wider cryptocurrency market’s performance.
Overview
This article discusses the potential for Shiba Inu (SHIB) token to experience a 45% upside swing in value due to technical issues being resolved, as well as the introduction of Shibarium which could cause SHIB prices to reach an unprecedented high of $0.01 and make investors millionaires.
Technical Issues Resolved
According to popular crypto analyst Michael van de Poppe’s analysis, there’s potential for Shiba Inu (SHIB) token to surge by 45% from its current value of $0.000009 to around $0.00001300 if it manages to retain certain levels and exhibit steady growth over time. He notes that this upward movement relies on SHIB maintaining specific levels and exhibiting steady growth in order for a positive outcome; however, if these levels break down then SHIB may not see such gains as anticipated.
Shibarium Impact
The launch of Shibarium has been greeted with much excitement as it could be a major driving factor in pushing SHIB towards its predicted trajectory of reaching an unprecedented high of $0.01 per token – making investors into millionaires – should it sustain current support levels and continue growing steadily over time.
Price Analysis
Since touching a new yearly low at $0.0000054 on June 10th, SHIB’s price has rapidly surged by 80%, surpassing both Bitcoin and the wider cryptocurrency market’s performance whilst also facilitating recovery of an earlier symmetrical triangle alongside the $0.0000080 support level – suggesting that prior breakdown was simply a deviation rather than initiation into a bearish trend reversal pattern going forward.. Now positioned within such range, a potential breakout from this triangle pattern might result in an upsurge of 50%, propelling the price upwards towards resistance zone at 0$.0000150 which is yet to be attained since inception..