A new bullish price target has been set for the Shiba Inu price, with an analyst revealing the major trigger that could push this top meme coin to the $0.000081 level. This optimistic price forecast follows recent substantial gains experienced by  Shiba Inu, indicating a potential for a major rally. 

Shiba Inu Price Path To A $0.000081

Popular crypto analyst, Javon Marks, took to X (formerly Twitter) on October 28, to announce that Shiba Inu, the second-largest meme coin by market capitalization is now in a breakout phase. Already, several bull patterns have been spotted, suggesting that SHIB could be gearing up for another huge uptrend, or as the analyst puts it, “it’s next leg of immense bullishness.”

Reflecting on the Shiba Inu price action via a detailed chart, Marks has forecasted a new target of $0.000081 for the cryptocurrency. This price target is just shy of Shiba Inu’s current All-Time High (ATH) of $0.000086, which was achieved in 2021 during the last bull market.

Moreover, Marks has revealed that for the Shiba Inu price to reach the projected target of $0.000081, the meme coin will have to experience a massive 351% increase from its current price. The primary catalyst set to drive Shiba Inu towards this bullish target is a continued breakout wit

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Author: Best Owie