{"id":661037,"date":"2024-12-12T13:00:02","date_gmt":"2024-12-12T13:00:02","guid":{"rendered":"https:\/\/ktsl888.com\/?p=661037"},"modified":"2024-12-12T07:58:41","modified_gmt":"2024-12-12T07:58:41","slug":"shiba-inu-surges-14-in-a-day-is-an-additional-180-rally-within-reach","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/shiba-inu\/shiba-inu-surges-14-in-a-day-is-an-additional-180-rally-within-reach\/","title":{"rendered":"Shiba Inu Surges 14% In A Day: Is An additional 180% Rally Within Reach?"},"content":{"rendered":"<p data-pm-slice=\"1 1 []\">Shiba Inu (SHIB), the second-largest memecoin by market cap following Dogecoin (DOGE), is now experiencing a notable surge in its price after breaking through key levels in the past week. Currently trading at $0.00002877, SHIB has risen 14% over the past day, signaling <a href=\"https:\/\/ktsl888.com\/shiba-inu\/us-govt-54-9-billion-shiba-inu-shib-explode-130\/\" target=\"_blank\" rel=\"noopener \">renewed investor interest<\/a>.<\/p>\n<p data-pm-slice=\"1 1 []\">However, the memecoin remains down by 4.3% over the past week and is still 66.6% below its all-time high of $0.00008616, recorded in 2021. Despite these <a href=\"https:\/\/ktsl888.com\/news\/shiba-inu-braces-for-rally-analyst-sees-35-price-surge-details\/\" target=\"_blank\" rel=\"noopener \">mixed performances<\/a>, analysts suggest a potential bullish trajectory for SHIB.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/ktsl888.com\/news\/shiba-inu-braces-for-rally-analyst-sees-35-price-surge-details\/\" target=\"_blank\" rel=\"noopener \">Shiba Inu Braces For Rally \u2013 Analyst Sees 35% Price Surge \u2013 Details<\/a><\/div>\n<h2 data-pm-slice=\"1 1 []\">Shiba Inu\u2019s Next Big Move<\/h2>\n<p data-pm-slice=\"1 1 []\">Renowned crypto analyst Javon Marks has provided a positive outlook on SHIB&#8217;s price action in a recent <a href=\"https:\/\/x.com\/JavonTM1\/status\/06589234\" rel=\"nofollow\">post<\/a> on X. Marks highlighted a recurring bullish pattern, indicating the possibility of a significant upward move.<\/p>\n<p data-pm-slice=\"1 1 []\">\u201cShiba Inu has confirmed yet another bullish pattern,\u201d he wrote, emphasizing that similar patterns in the past have led to upward continuations.<\/p>\n<figure style=\"width: 3212px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GehtGlDXwAAFf0w?format=jpg&amp;name=4096x4096\" alt=\"Shiba Inu (SHIB) price chart.\" width=\"3212\" height=\"2035\"><figcaption class=\"wp-caption-text\">Shiba Inu (SHIB) price chart. | Source: Javon Marks on X<\/figcaption><\/figure>\n<p data-pm-slice=\"1 1 []\">According to Marks, SHIB&#8217;s recent breakout could drive the price towards $0.000081, representing a potential 180% increase from its <a href=\"https:\/\/ktsl888.com\/news\/shiba-inu-coin\/shiba-inu-could-increase-75-if-it-holds-current-level-analyst-shares-price-target\/\" target=\"_blank\" rel=\"noopener \">current value<\/a>.<\/p>\n<p data-pm-slice=\"1 1 []\">Marks elaborated that this target is achievable and may already be in progress, given the asset&#8217;s recent movements. Such a rally, he noted, could position SHIB as a standout performer in the altcoin market, drawing attention from retail and institutional investors alike.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener nofollow\">$SHIB<\/a> (Shiba Inu) has confirmed recently, yet another Bullish Pattern and all of its recent has led into continuations, so we can be in for yet another major upside move, but with breakouts holding and one implying $0.000081 to be in play, it can be greater than many think!<\/p>\n<p>With\u2026 <a href=\"https:\/\/t.co\/yiK6w67Cly\" target=\"_blank\" rel=\"noopener nofollow\">https:\/\/t.co\/yiK6w67Cly<\/a> <a href=\"https:\/\/t.co\/9wdsLpZdSi\" target=\"_blank\" rel=\"noopener nofollow\">pic.twitter.com\/9wdsLpZdSi<\/a><\/p>\n<p>\u2014 JAVON\u26a1\ufe0fMARKS (@JavonTM1) <a href=\"https:\/\/twitter.com\/JavonTM1\/status\/06589234?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener nofollow\">December 11, 2024<\/a><\/p><\/blockquote>\n<figure style=\"width: 2770px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium\" src=\"https:\/\/www.tradingview.com\/x\/8IUPFIR6\/\" alt=\"Shiba Inu (SHIB) price chart on TradingView\" width=\"2770\" height=\"1496\"><figcaption class=\"wp-caption-text\">SHIB price is moving upwards on the 1-hour chart. Source: SHIB\/USDT on<a href=\"https:\/\/www.tradingview.com\/chart\/HSuSIPeM\/?symbol=BINANCE%3ASHIBUSDT\" target=\"_blank\" rel=\"noopener nofollow\"> TradingView.com<\/a><\/figcaption><\/figure>\n<h2 data-pm-slice=\"1 1 []\">Broader Altcoin Market Outlook<\/h2>\n<p>While Marks penned his piece on SHIB, another prominent analyst known as Captain Faibik offered <a href=\"https:\/\/x.com\/CryptoFaibik\/status\/19111059\" target=\"_blank\" rel=\"noopener nofollow\">insights<\/a> into the current state of altcoins.<\/p>\n<p>In a post that featured the chart image of BTC dominance forming an ascending trendline that seems poised for a 48% correction, Faibik suggested a <a href=\"https:\/\/ktsl888.com\/news\/shiba-inu-all-set-for-bull-show-eyes-180-rally-analyst\/\" target=\"_blank\" rel=\"noopener \">positive outlook<\/a> for the overall altcoin market.<\/p>\n<figure style=\"width: 2580px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GefNaJZWgAAnB2V?format=jpg&amp;name=4096x4096\" alt=\"Bitcoin dominance chart. \" width=\"2580\" height=\"1459\"><figcaption class=\"wp-caption-text\">Bitcoin dominance chart. | Source: Captain Faibik on X<\/figcaption><\/figure>\n<p>Particularly, he urged investors to remain patient, viewing the recent dip as a buying opportunity rather than a reason for panic selling. Faibik <a href=\"https:\/\/x.com\/JavonTM1\/status\/45358958\" target=\"_blank\" rel=\"noopener nofollow\">stated<\/a>, \u201cAltseason hasn\u2019t arrived yet; this is just the trailer. Patience always pays off.\u201d<\/p>\n<p>Furthermore, Marks extended his bullish outlook beyond SHIB to include Dogecoin (DOGE), another widely-followed memecoin.<\/p>\n<p>In a separate analysis, Marks noted that DOGE is exhibiting strength and could potentially rally to $0.6533, possibly reaching as high as $1.2511 if it breaks <a href=\"https:\/\/ktsl888.com\/shiba-inu\/shiba-inu-burns-spike-7418-in-1-week-can-shib-price-continue-pushing-to-new-highs\/\" target=\"_blank\" rel=\"noopener \">key resistance levels<\/a>.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/ktsl888.com\/news\/dogecoin\/dogecoin-crypto-crash-looks-incredible\/\" target=\"_blank\" rel=\"noopener \">Dogecoin Defies Crypto Market Crash: Analyst Says It Looks \u2018Incredible\u2019<\/a><\/div>\n<p>This would represent a 56% to 90% increase from its current levels, highlighting the potential for further gains in the memecoin market.<\/p>\n<p>Featured image created with DALL-E, Chart from TradingView<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shiba Inu (SHIB), the second-largest memecoin by market cap following Dogecoin (DOGE), is now experiencing a notable surge in its price after breaking through key levels in the past week. Currently trading at $0.00002877, SHIB has risen 14% over the past day, signaling renewed investor interest. However, the memecoin remains down by 4.3% over the past week and is still 66.6% below its all-time high of $0.00008616, recorded in 2021. Despite these mixed performances, analysts suggest a potential bullish trajectory for SHIB. Related Reading: Shiba Inu Braces For Rally \u2013 Analyst Sees 35% Price Surge \u2013 Details Shiba Inu\u2019s Next Big Move Renowned crypto analyst Javon Marks has provided a positive outlook on SHIB&#8217;s price action in a recent post on X. Marks highlighted a recurring bullish pattern, indicating the possibility of a significant upward move. \u201cShiba Inu has confirmed yet another bullish pattern,\u201d he wrote, emphasizing that similar patterns in the past have led to upward continuations. According to Marks, SHIB&#8217;s recent breakout could drive the price towards $0.000081, representing a potential 180% increase from its current value. Marks elaborated that this target is achievable and may already be in progress, given the asset&#8217;s recent movements. Such a rally, he noted, could position SHIB as a standout performer in the altcoin market, drawing attention from retail and institutional investors alike. $SHIB (Shiba Inu) has confirmed recently, yet another Bullish Pattern and all of its recent has led into continuations, so we can be in for yet another major upside move, but with breakouts holding and one implying $0.000081 to be in play, it can be greater than many think! With\u2026 https:\/\/t.co\/yiK6w67Cly pic.twitter.com\/9wdsLpZdSi \u2014 JAVON\u26a1\ufe0fMARKS (@JavonTM1) December 11, 2024 Broader Altcoin Market Outlook While Marks penned his piece on SHIB, another prominent analyst known as Captain Faibik offered insights into the current state of altcoins. In a post that featured the chart image of BTC dominance forming an ascending trendline that seems poised for a 48% correction, Faibik suggested a positive outlook for the overall altcoin market. Particularly, he urged investors to remain patient, viewing the recent dip as a buying opportunity rather than a reason for panic selling. Faibik stated, \u201cAltseason hasn\u2019t arrived yet; this is just the trailer. Patience always pays off.\u201d Furthermore, Marks extended his bullish outlook beyond SHIB to include Dogecoin (DOGE), another widely-followed memecoin. In a separate analysis, Marks noted that DOGE is exhibiting strength and could potentially rally to $0.6533, possibly reaching as high as $1.2511 if it breaks key resistance levels. Related Reading: Dogecoin Defies Crypto Market Crash: Analyst Says It Looks \u2018Incredible\u2019 This would represent a 56% to 90% increase from its current levels, highlighting the potential for further gains in the memecoin market. Featured image created with DALL-E, Chart from TradingView<\/p>\n","protected":false},"author":580,"featured_media":661055,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83740],"tags":[134,1785,90807,7,83668,84473,89707,83667,84558],"class_list":["post-661037","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-shiba-inu","tag-altcoin","tag-doge","tag-doge-price-prediction","tag-dogecoin","tag-shib","tag-shib-price","tag-shib-price-prediction","tag-shiba-inu","tag-shibusdt"],"acf":[],"yoast_head":"\n<title>Shiba Inu Surges 14% In A Day: Is An additional 180% Rally Within Reach?<\/title>\n<meta name=\"description\" content=\"Shiba Inu (SHIB), the second-largest memecoin by market cap following Dogecoin (DOGE), is now experiencing a notable surge in its price...\" \/>\n<meta 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These hands-on experience through major market events\u2014like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ\u2019s arrest\u2014has honed his keen sense of market dynamics. When he isn\u2019t crafting engaging crypto content, you\u2019ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he\u2019s catching some Z\u2019s or scrolling through Elon Musk\u2019s very own X platform\u2014(oops, another screen activity, my bad\u2026) Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters\u2014(don\u2019t judge, that\u2019s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or \u201ckaizen,\u201d striving to be 1% better every day. His mantras, \u201cGod knows best\u201d and \u201cEverything is still on track,\u201d reflect his resilient outlook and how he lives his life. In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He\u2019s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck\u2014unflappable. Edyme is like trading in your car for a jet\u2014bold. He\u2019s the guy who\u2019d ask his boss for a pay cut just to prove a point\u2014(uhhh\u2026). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent\u2014okay, maybe that\u2019s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps. Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. 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A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme\u2019s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis. Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. 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His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or \u201ckaizen,\u201d striving to be 1% better every day. His mantras, \u201cGod knows best\u201d and \u201cEverything is still on track,\u201d reflect his resilient outlook and how he lives his life. In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He\u2019s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck\u2014unflappable. Edyme is like trading in your car for a jet\u2014bold. He\u2019s the guy who\u2019d ask his boss for a pay cut just to prove a point\u2014(uhhh\u2026). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent\u2014okay, maybe that\u2019s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps. Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That\u2019s just not the way he roll. He has these favorite lyrics from NF\u2019s \u201cClouds\u201d that resonate deeply with him: \u201cWhat you think's probably unfeasible, I've done already a hundredfold.\u201d PS\u2014Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He\u2019s 100% Him-alayan. 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