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Shiba Inu

<ul>
 <li>Shiba Inu (SHIB) price chart prints bullish signs for a massive 50%-60% spike.</li>
 <li>Arkham (ARKM), an AI-centric project is also showing bullish signs.</li>
 <li>Altcoins are slowly showing signals of bullish movements amid BTC’s sideways movement.</li>
</ul>
<p>As the crypto market continues its sideways bullish rally, many altcoins are printing exciting patterns that could lead to massive upward price movements. As analysts share their many perspectives on which altcoins could shoot first, one in particular makes a resonating prediction for <a href="https://shibatoken.com/" target="_blank" rel="noopener noreferrer nofollow">Shiba Inu (SHIB)</a>.</p>
<p>This trader draws light to Shiba Inu (SHIB) price action. In particular, the analysts say a bullish pennant formation was being observed on the daily timeframe for the <a href="https://cryptonewsland.com/shiba-inu-shib-is-no-longer-classified-as-a-memecoin/" target="_blank" rel="noopener noreferrer nofollow">once considered memecoin</a> crypto token.&nbsp;</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SHIB</a> (Update)<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2728.png" alt="✨" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://t.co/D6adSbHmXz" rel="noopener noreferrer nofollow">https://t.co/D6adSbHmXz</a><br><br>Bullish pennant formation observed on the daily timeframe.<br><br>An upside breakout could lead to a 50-60% bullish rally <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://twitter.com/hashtag/SHIBUSDT?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SHIBUSDT</a> <a href="https://twitter.com/hashtag/SHIB?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SHIB</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Crypto</a><a href="https://twitter.com/hashtag/Mememcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Mememcoin</a><a href="https://twitter.com/hashtag/meme?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#meme</a> <a href="https://twitter.com/hashtag/doge?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#doge</a> <a href="https://twitter.com/hashtag/shib?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#shib</a> <a href="https://twitter.com/ShibainuCoin?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@ShibainuCoin</a> <a href="https://twitter.com/hashtag/shibainu?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#shibainu</a> <a href="https://t.co/XSHFnFx6WA" rel="noopener noreferrer nofollow">pic.twitter.com/XSHFnFx6WA</a></p>— CryptoBreakout_trade (@breakout_expert) <a href="https://twitter.com/breakout_expert/status/1792053886054015274?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 19, 2024</a>
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<p>After marking this bullish chart pattern, the analyst says this could lead to a highly bullish upward movement for SHIB. In fact, he even goes up to say that thie upcoming SHIB bull rally could have the <a href="https://cryptonewsland.com/shiba-inu-price-forecast-why-reaching-1-in-2024-is-unrealistic-and-3-best-shib-alternatives-to-buy-this-bull-run-cardano-ada-dogecoin-doge-and-retik-finance-retik/" target="_blank" rel="noopener noreferrer nofollow">asset go up by 50%-60%</a>.</p>
<p>At the same time, the same crypto analyst draws light to another popular crypto token, <a href="https://platform.arkhamintelligence.com/" target="_blank" rel="noopener noreferrer nofollow">Arkham (ARKM)</a>. This is a project that uses AI to analyse blockchain and on-chain data. It comes with both an analytics platform as well as an intel exchange.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/ARKM?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#ARKM</a> <a href="https://t.co/D6adSbHmXz" rel="noopener noreferrer nofollow">https://t.co/D6adSbHmXz</a><br>This is another asset with a truly impressive chart. My expectations remain unchanged. It has once again responded to the rising trend. In the event of an upward move, it is likely to target the levels indicated in the <a href="https://twitter.com/hashtag/chart?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#chart</a>. <a href="https://twitter.com/hashtag/crypto?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#crypto</a> <a href="https://twitter.com/hashtag/web3?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#web3</a> <a href="https://twitter.com/hashtag/defi?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#defi</a> <a href="https://t.co/cLRVZTVp0r" rel="noopener noreferrer nofollow">pic.twitter.com/cLRVZTVp0r</a></p>— CryptoBreakout_trade (@breakout_expert) <a href="https://twitter.com/breakout_expert/status/1792505577299743076?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 20, 2024</a>
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<p>According to the chart the analyst shares, ARKM price looks like its been rising steadily over the past months. Noticing this steady rise, the analyst goes on to share his opinion on what will happen with this AI asset next.</p>
<p>Specifically, he calls this ARKM price chart a truly impressive chart. He says the asset is once again responding to a rising trend and in the event of an upwards move, the asset will likely hit $3.25. Presently, the price of ARKM currently sits at $2.45 according to CoinMarketCap. Certainly, it will be interesting to see how high the price will go this bull cycle.</p>
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4>
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/arkham-intel-identifies-wallets-for-wisdomtrees-bitcoin-etp/" rel="noopener noreferrer nofollow">Arkham Intel Identifies Wallets for WisdomTree’s Bitcoin ETP</a></li>
 <li><a href="https://cryptonewsland.com/bitcoin-bulls-bite-back-at-biden-nobody-can-print-more-btc/" rel="noopener noreferrer nofollow">Bitcoin Bulls Bite Back at Biden: Nobody Can Print More BTC</a></li>
 <li><a href="https://cryptonewsland.com/algo-and-vechain-print-bullish-signals-crypto-community-expects-20x-or-30x-gains-for-vet-as-altcoins-set-to-explode-in-super-cycle/" rel="noopener noreferrer nofollow">ALGO and VeChain Print Bullish Signals, Crypto Community Expects 20x or 30x Gains for VET as Altcoins Set to Explode in Super Cycle</a></li>
 <li><a href="https://cryptonewsland.com/bitcoin-surpasses-1-billion-on-chain-transactions-printing-another-bullish-signal-in-ongoing-bull-market/" rel="noopener noreferrer nofollow">Bitcoin Surpasses 1 Billion On-Chain Transactions Printing Another Bullish Signal in Ongoing Bull Market</a></li>
 <li><a href="https://cryptonewsland.com/algo-downtrend-pattern-weakens-chart-indicates-massive-surge-ahead-can-algo-price-hit-7-this-cycle/" rel="noopener noreferrer nofollow">ALGO Downtrend Pattern Weakens, Chart Indicates Massive Surge Ahead, Can ALGO Price Hit $7 This Cycle?</a></li>
</ul>
<p>The post <a href="https://cryptonewsland.com/shib-and-arkm-print-impressive-chart-patterns-pointing-to-massive-upward-spikes-shib-could-see-60-bullish-rally/" rel="noopener noreferrer nofollow">SHIB and ARKM Print Impressive Chart Patterns Pointing to Massive Upward Spikes, SHIB Could See 60% Bullish Rally</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

SHIB and ARKM Print Impressive Chart Patterns Pointing to Massive Upward Spikes, SHIB Could See 60% Bullish Rally

Crypto News Land

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