Shocking Prediction: Shiba Inu Potentially Rises 1,479% to a New Record High!

Updated

April 29, 2025

Gambar Shocking Prediction: Shiba Inu Potentially Rises 1,479% to a New Record High!

Jakarta, Pintu News – Shiba Inu, the often forgotten cryptocurrency compared to Dogecoin , has recently shown an impressive performance by closing three consecutive weeks in the green. This rise signals strong bullish potential after a long period of consolidation. If this trend continues, Shiba Inu could experience a much bigger surge than the 400% increase expected by 2024.

Shiba Inu Continuous Improvement

A crypto analyst using a pseudonym has identified some interesting formations on the Shiba Inu price chart that don’t seem to have gotten much attention. Shiba Inu price has recorded its third consecutive green weekly close, suggesting further indications of potential price gains.

With the latest close still in the green, Shiba Inu is now trying to break its long-term support. Not only does this rise indicate recovery, but it also opens up opportunities for Shiba Inu to reach price levels it has never reached before. If it manages to break this resistance, Shiba Inu could start a bullish phase that will shake the crypto market.

Possible Risks for Shiba Inu

While the achievement of three consecutive green weekly closes is commendable, there is a possibility that the situation may not end well for Shiba Inu. Considering the November-December 2024 period, which was the last time Shiba Inu recorded three consecutive green weekly closes, followed by a sharp price drop.

Prices then experienced three consecutive red weekly closes. The following weeks did not show significant improvement either, with only one green weekly close in eight weeks. If this pattern repeats, then there is a possibility that Shiba Inu prices will experience a decline before eventually recovering.

Long-term Analysis and Prediction

Despite the risks involved, the upside potential of Shiba Inu prices cannot be ignored. The same analyst who predicted a 1,479% rise to a new record high emphasized that technical factors and current market sentiment favor a bullish scenario.

This includes increased interest and adoption among investors seeking investment alternatives outside of mainstream cryptocurrencies such as Bitcoin and Ethereum . With all of these factors in mind, investors and market watchers should remain vigilant of the rapidly changing market dynamics. Closely monitoring Shiba Inu price movements and related news will be crucial in determining the right time to invest.

Conclusion

In the world of investing, especially in the highly volatile crypto market, it is important to do in-depth research before making an investment decision. Shiba Inu shows potential that should not be overlooked, but as with all investments, risks are always present. Investors are advised to use this information wisely and responsibly.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.