Shiba Inu (SHIB) Could See a Breakout Soon As Donald Trump Wins the US Presidential Election

Shiba Inu (SHIB) has recently experienced an upward trend after Donald Trump won the US Presidential election. While the price of this meme coin increases, potential investors are eyeing other tokens with similar explosive capacity including Sui (SUI) and IntelMarkets (INTL).

Shiba Inu (SHIB) has recently experienced an upward trend, while potential investors are eyeing other tokens with similar explosive capacity including Sui (SUI) and IntelMarkets (INTL).

Shiba Inu (SHIB) Price Analysis

The Shiba Inu price could see a breakout soon. Shiba Inu is one of the top meme coins right now. CoinMarketCap shows that the price of Shiba Inu increased nearly 10% in the past month alone. In that time, its value saw a movement between $0.0000174 and $0.0000187.

Shiba Inu technical analysis for the past 30 days. Source: TradingView

Shiba Inu began the 30-day period at a price of around $0.0000174. From there, it saw a steady increase in value, reaching a peak of roughly $0.0000187 on November 10. After that, the meme coin saw a slight decrease in value. However, it managed to stay above the $0.0000174 mark throughout the rest of the 30-day period.

Shiba Inu price analysis from November 21 to December 21. Source: TradingView

The technicals for the Shiba Inu crypto support a breakout. This meme coin is currently trading above its 30-day EMA ($0.0000179) and its 50-day EMA ($0.0000172) as per TradingView. Therefore, this Shiba Inu price prediction looks pretty achievable.

Shiba Inu price analysis from December 11 to December 21. Source: TradingView

Crypto market analyst CryptoDoc also remains optimistic for this meme coin. According to his X post, Shiba Inu needs to break $0.00002 and retest. CryptoDoc also thinks that the Shiba Inu coin will continue dominating the meme coin market and finish in the top 20.

Sui (SUI) Price Analysis

Sui is another one of the best altcoins that has seen some growth. In the past 30 days, the Sui price jumped close to 15%, according to CoinMarketCap. The Sui market cap rose from $5.40B to $6.45B.

Relative performance of Sui for the past 30 days, Source: CoinMarketCap

The Sui token began the 30-day period at a price of around $2.18. From there, it saw a steady increase in value, reaching a peak of roughly $2.44 on December 1. After that, the altcoin saw a slight decrease in value. However, it managed to stay above the $2.18 mark throughout the rest of the 30-day period.

Sui price analysis from November 21 to December 21. Source: TradingView

Crypto market analyst BullishBanter also made a bullish Sui price prediction in his X post. He foresees a strong breakout for this altcoin. With its price consolidating above $2.2, a move to $2.4 could come soon.

Currently, the Sui crypto has a MACD level of 0.069, which is in the buy zone. Plus, this altcoin is trading above its 50-day EMA ($1.81) and its 100-day EMA ($1.55), as per TradingView. As a result, Sui could be one of the altcoins to watch.

IntelMarkets (INTL) Price Analysis

IntelMarkets also makes a name for itself in the crypto space. This phase five presale star has already given early buyers a 400% return. Following the Donald Trump victory, IntelMarkets announced it would give 50% bonus tokens for a short period. As the demand for this altcoin rises, its growth potential could also skyrocket.

At its core, INTL will power the IntelMarkets platform – a new AI-powered smart trading platform that will launch soon. On it, people will experience all the benefits of AI technology. For example, traditional trading robots often make the same mistakes twice. However, IntelMarkets will use its proprietary Intelli-M™ self-learning robots that improve their performance over time and learn from their mistakes.

The INTL token is now worth $0.045 in phase five of its presale. But, phase six will pump it to $0.054 – a 20% return for those who buy it now. This altcoin will have an expected launch price of $0.15 once a Tier-1 CEX lists it. Those looking to capitalize on this growth, plus get up to 30% trading fee discounts and prioritized feature rollout may now buy this token.

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