The formation observed on Shiba Inu’s weekly graph can soon start a significant price movement. Market analysts, the rise that may occur after the current consolidation process may be remarkable, he said.
Shiba Coin expert prediction
An analyst said that the stuck observed in the weekly graph pointed out the price rise to be experienced soon. Of course, we know that Bitcoin’s stability will play an important role in the realization of this rise.
$ Shıb KnIGHT, “Graphic jam is considered as preparation for the rise. Bitcoin provides stability, I predict that the rise can begin.”
Other experts say significant increases in the value of Shiba Inu. Analyst Cryptoelites said that Token is currently suitable for purchasing, and that the triangular formation pointed to a potential target of 0.00023.
Shiba Coin Comment
In short -term planning, a slight decrease can be followed first. The estimates are expected to be decreased to 0.00001171 on April 17, 2025.
It is followed by 0.00001554 on April 18, 0.00002092 on April 19 and 0.00002634 on April 20. These figures may mean approximately 32 percent, 78 percent and 124 percent returns respectively. Following the predicted increase, the possibility of a temporary correction on April 21 is on the agenda. Of course, analysts of this kind of history and number of usually do not realize, and investors’ position according to these estimates often bring loss.
In the graph, there is data that the triangular formation in which the trend lines meet is a significant point of decision. Coincodex reports say that 14 days are green in the last 30 days and the volatility is around 6.31 %. This indicates the necessity of a cautious approach in market sensitivity.
Cryptoelltes: orum I think that we are in the strong purchase zone and that a big movement will begin soon. It is important that investors closely follow these developments. ”
In the light of the predictions and observations, investors are recommended to closely follow the existing technical indicators. The data obtained show that the market can be wavy with potential increase expectations; This should be considered as additional risk factors in investment decisions.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
