Shiba Inu (SHIB) Price Hints at a 330% Rally as New Hidden Bullish Divergence Emerges: Analyst

The Shiba Inu price chart is displaying a new key technical pattern which suggests that a price rally might be imminent. According to crypto analyst, Javon Marks, this technical pattern called a “Hidden Bull Divergence” indicates a potential 330% climb to new price highs.

A new technical pattern has emerged for the Shiba Inu price, indicating that a price increase may be imminent. According to crypto analyst Javon Marks, this technical pattern, called the “Hidden Bullish Divergence”, indicates the potential for a 30% climb towards new price highs.

SHIB's Positive Reaction to Latent Bullish Divergence

On Tuesday, Marks shared a post on X (formerly Twitter) to explain that he saw a new technical pattern on the Shiba Inu price chart. According to the analyst, the Shiba Inu showed a Hidden Bullish Divergence, a key technical indicator that signals future price increases for the cryptocurrency despite broader market conditions.

Following the trajectory of this important pattern, Marks states that SHIB may be on the verge of a major price increase. The analyst set a price target for Shiba Inu around $0.000081 and said the price of the popular meme coin could jump 30x or 4x in a short time.

Despite the huge fluctuations in the price of the Shiba Inu recently, Marks maintained his optimistic bullish outlook on the meme coin. The analyst said the market is currently in the early stages of this predicted price increase, indicating that SHIB could rise to $0.00008 by 2025.

This timeline is confirmed by Mark's chart which clearly shows the Hidden Bullish Divergence in Shiba Inu price movements. The analyst also set a higher target for SHIB around $0.0001553, arguing that a continued price rally could push the meme coin to new all-time highs.

At the time of writing, the price of Shiba Inu was $ 0.00001775 and it decreased by 1% in the last 24 hours and 2.07% in the last week. Despite this downward pressure on the Shiba Inu price, Marks believes the market should be ready for a price increase if the Shiba Inu responds positively to the new Hidden Bull Divergence.

Shiba Inu Price Reversal Signals Confirmed

Amid strong market volatility, Shiba Inu is trying to break key resistance to reach new highs. A crypto analyst on X known as “Flatleak” revealed that SHIB is showing signs of an impending turnaround from recent lows.

With its price currently hovering around $0.000017, the analyst said the Shiba Inu has been showing signs of a turnaround over the past few weeks, and there are several key indicators that confirm this narrative. Flatleak explained that the SHIB TD sequence has given a buy signal and indicates that downward pressures are losing momentum.

Additionally, interest from retail investors, combined with its supportive community, continues to support its price. Based on these positive developments, the analyst cited $0.000022 as Shiba Inu's next bull target.

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