🔝 Shiba Inu Potential Rising: Can SHIB Rise by 500%?

Shiba Inu (SHIB) may be preparing for a possible major pump as Crypto analysts have different views on the next steps. Javon Marks, a famous social media member of the Crypto community, has published very optimistic comments on X (formerly known as Twitter) stating that SHIB will soon make a big breakthrough.
According to Max, a serious price model is forming that suggests an explosion could occur. However, Alan Santana, another analyst, thinks that the current market stage will only offer long-term accumulation opportunities and says that there will be no rebound.
⬇️ Falling wedge pattern
Marks, takes an optimistic stance due to the formation of the 'falling wedge' pattern, as this pattern typically emerges as a Bullish reversal. This wedge shape has been forming for several months, and SHIB is currently approaching a potential breakout point.
Marks, the narrowing of the PA within the comma indicates that there could be significant fluctuations in price. If SHIB is broken, the target price set by Marks will be $0.000081, which is 498% higher than the current level.
Investors' interest in Shiba Inu is growing rapidly.
Currently, the price of SHIB is near 0.000013 dollars, indicating a pump of more than 1% in its value in the last day. The size of this price pump is very small this time, probably signaling a rebound for SHIB, which had pumped 25% from the low point of 0.000010 dollars a short while ago. However, not everyone thinks that SHIB will experience such large fluctuations in the short term. For example, respected Crypto Asset analyst Alan Santana is more calm.
Santana believes that SHIB is in a positive correction phase and suggests that its price could drop further before any real gains are made. In this case, the best option for investors would be a period of sideways movement and consolidation.
According to the cumulative region and long-term strategy, the current range is a cumulative region, and patient investors can profit from SHIB positions by accumulating them at lower levels before the token is bought back at an equal price. He thinks that the price of SHIB will increase by about 20 to 25 times similarly in the next Bull Market peak. He says this will only happen after 2025.
(tv-newsbtc) Quoted, the opinion belongs entirely to someone else.