Crypto analyst Ali Martinez recently presented a bullish narrative for Shiba Inu’s (SHIB) price, which could see the meme coin rise to as high as $0.011. This price prediction has no doubt raised some eyebrows, considering SHIB’s current price.
How Shiba Inu Could Rise To As High As $0.011
Martinez mentioned in an X (formerly Twitter) post that the TD Sequential indicator was “currently flashing a buy signal, hinting that SHIB could be gearing up for an upswing.” This indicator seems to be very valuable in determining the meme coin’s trajectory, as the analyst noted that it “has proven remarkably precise in predicting SHIB’s price movements.
Martinez further urged crypto investors to keep an eye out for SHIB as it could climb to $0.010 or “potentially even reach $0.011.” That price level immediately triggered doubts among some of Martinez’s followers. One X user, in particular, stated that he didn’t understand the analysis as SHIB’s current price stood at around $0.000009106.
Source: X
Martinez’s prediction also seems farfetched, considering that SHIB has never come close to that price level before. Currently, SHIB’s all-time high stands at $0.00008845, which is still a far cry from $0.011.
Interestingly, Shiba Inu’s burn tracker had suggested that the ‘$0.01’ dream was still a long way from being actualized, as about 85% of the meme
Go to Source to See Full Article
Author: Scott Matherson
Tip BTC Newswire with Cryptocurrency
Donate Bitcoin to BTC Newswire
Donate Bitcoin Cash to BTC Newswire
Donate Ethereum to BTC Newswire
Donate Litecoin to BTC Newswire
Donate Monero to BTC Newswire
Donate ZCash to BTC Newswire
