Shiba Inu is currently sitting at a price pedestal of $0.00001857, down 4% in the last 24 hours. The token noted a sharp rise on Thursday as Bitcoin gained traction within the crypto market. But how high can SHIB trade this weekend? Let’s find out.
Also Read: Shiba Inu: SHIB Eyes $0.01 As New Developments Crowd Shibarium
Shiba Inu: Major Developments Underway
Shiba Inu has always been dubbed a token that has sparked major inquiries across the crypto community. The token’s ecosystem is planning new changes while introducing several community-centric elements into Shibarium to woo users. The SHIB community is also awaiting the launch of the Shiba Eternity Blockchain version to further explore the token’s full potential.
In the midst of it, Javon Marks, a notable crypto analyst, shared a stunning price prediction for Shiba Inu, fueling the hopes of the community to a whole new level. According to Marks, SHIB can spike as high as 351% to trade at an all-time high of $0.0000886.
“As prices continue to hold broken out, they can be preparing here for yet another massive +351% move from here towards the breakout target of $0.0000886 (all-time highs), and with a recent hidden bullish divergence conforming between prices and RSI, this can further validate the underlying strength behind prices for the continuation of an already monumental uptrend.”
Marks later reiterated how SHIB has historically shown strong price hike momentum, which further delivers credibility to Marks’s analysis.
SHIB Weekend Price Prediction
With SHIB sitting at $0.00001857, CoinCodex predicts that the token can spike up to $0.00003055, surging by 61% in the process.
Also Read: Shiba Inu: AI Predicts SHIB Price For July 15
“The Shiba Inu price forecast for the next 30 days is a projection based on the positive and negative trends in the past 30 days. Based on these Shiba Inu projections, SHIB will be changing hands at $0.00003084 on July 25, 2024, gaining 62.73% in the process.”
Another notable crypto platform, Changelly, echoes a similar sentiment for SHIB. Per the platform, SHIB can spike to trade at $0.00003865, up 99% in the process.