If Shiba Inu Breaks Out, Expect a 400% Jump—Just Like That, Old Bean!

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Hold onto your hats, ladies and gents! Crypto’s favorite fluffy menace, the Shiba Inu, is apparently gearing up for a comeback of biblical proportions. Our dear fellow, Andy, the crystal ball gazer of the crypto world, has prophesied that this cheeky dog coin might soon burst forth from its decade-long slumber—aiming, oh so modestly, for a 400% spike and a trip to fresh record highs. Who said meme coins can’t dream big? 🐶🚀

Shiba Inu Set For Potential Breakout After 1000-Day Consolidation

In a recent epistle on TradingView, Andy declared that SHIB is looking rather like a caged lion itching to pounce—reminiscent of XRP’s glory days. The little rascal has hit the 1.618 Fibonacci time extension after almost a millennium of just sitting there, doing very little—fast asleep, if you will. But don’t be fooled, this is often the sign of a trend reversal, or so the technical wizards say. 🧙‍♂️

He went on to say that the chart looks suspiciously similar to XRP before it decided to have a little party of its own. Plus, Shiba is sporting an inverse head-and-shoulders pattern—a fancy way of saying it’s got a bullish mood, and is just waiting for the word to start dancing up. 📈

And as if that wasn’t enough, Shiba is sneaking back into the limelight as a “forgotten” meme coin—probably because everyone was too busy shoveling into Bitcoin’s latest bull run. But with Shibarium upgrades, token burns, and new launches like TREAT and SHI, it’s playing the long game, whispering “surprise!” behind its paw. 🐾

Shiba Inu Chart

And, of course, there’s the usual speculation—less tokens on the exchange, a broader market sentiment that’s as bullish as a bulldog with a biscuit, and a sprinkle of hope that this rally might be as unexpected as a pig in a poke. XRP scooched to new heights on positive news, and Shiba might just do the same, if the stars align and the white coats say so. 🌟

Now, the token burns—oh dear! They’ve been a bit of a rollercoaster, with some days burning a mere token or two, and others torching 106,000%, including burning over 15 million SHIB in one fiery burst. Burning tokens is supposed to make things better, or so they say—though whether it’s a glitzy show or genuine is anyone’s guess. 🔥

SHIB Showing Notable Strength

Crypto whisperer Javon Marks chimes in from his digital pulpit, declaring that SHIB’s been prancing about with a nearly 30% rebound lately. He reckons this is just the opening act, and predicts a quadruple—yes, quadruple—upward move, eyeing a modest $0.000081. Just a small step for a coin, really. 🤑

Another sage, SHIB Knight, foretells that SHIB is forming a falling wedge pattern, which is crypto parlance for “we’re heading up soon, old chap.” His target? The psychologically significant $0.00002. Get there, and the sky’s the limit! 🚁

As of now, our four-legged friend is trading at roughly $0.00001438—down a tad in the last 24 hours, but that’s just normal market naughtiness, according to CoinMarketCap. 🐾

Shiba Inu Trading Chart

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2025-05-17 19:47