Shiba Inu Breakout Could Send Price Up 81% – Burn Rate Jump By 2227%
Portfolio Pulse from
Shiba Inu (SHIB) is showing promising signs for potential price appreciation, with analysts predicting an 81% surge. The cryptocurrency is forming a falling wedge pattern and experiencing increased whale activity and burn rates. Currently trading at $0.0000127, SHIB could potentially reach $0.000023 if it breaks key resistance levels.
March 22, 2025 | 10:15 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
SHIB shows potential for significant price appreciation with increased whale transactions and token burn rates. Technical analysis suggests a possible 81% price surge if resistance levels are broken.
Increased whale activity, significant token burn, and technical chart patterns suggest potential short-term price appreciation for SHIB.
CONFIDENCE 75
IMPORTANCE 85
RELEVANCE 100