Analyst Bullish on Shiba Inu, Sees 235% Surge Despite Recent Fall
Posted On December 21, 2024
The cryptocurrency market has shown resilience following a significant downturn, with Shiba Inu (CRYPTO: SHIB) leading the recovery.
What Happened: A prominent market analyst predicts the dog-themed token could achieve a massive 235% rise, reaching a new yearly high of $0.00005816.
The broader crypto market faced turbulence earlier this week, as Bitcoin (CRYPTO: BTC) plunged over 10% in two days, causing a ripple effect across altcoins.
Shiba Inu retraced to a key support level around $0.0000185 during this period. However, SHIB has rebounded impressively, surging 28% from its lows and trading above $0.0002216 …
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