TL;DR

• Analysts predict a strong rally for Shiba Inu (SHIB), supported by recent breakthroughs in resistance levels.
• Shibarium’s rapid development could also be viewed as a bullish element.

The Calm Before the Storm?

Shiba Inu (SHIB) made the headlines in mid-November when its price hit a seven-month high, while its market capitalization exceeded $17 billion. Despite losing some steam since then, the popular meme coin remains well in the green on a monthly scale and the subject of optimistic forecasts.

The X user Crypto King noted Dogecoin’s (DOGE) solid performance as of late, assuming that its biggest rival “is following next.” Recall that the largest meme coin experienced a whopping 215% price increase in the last 30 days.

Not long ago, Ali Martinez also made a bullish prediction. He suggested that SHIB’s valuation could spike by double digits if it surpasses the $0.000025 resistance. Hours later, the meme coin crossed the depicted mark and is currently positioned well above it. 

Martinez further