Shiba

Bitcoin

Resistance

Shiba Inu

Inu.

<p>Shiba Inu (<strong>SHIB</strong>) could potentially experience up to a 300% increase following a forecast from leading Bitcoin analyst PlanC, who foresees a major shift in the <strong>crypto</strong> market. This optimistic outlook reinforces confidence that the drastic downturns that previously affected digital assets may now be a thing of the past.</p> 
<h2 id="analyst-insights-a-positive-outlook-on-shiba-inu">Analyst Insights: A Positive Outlook on Shiba Inu</h2> 
<p>Crypto analyst PlanC has expressed that the days of 80% declines in crypto markets are over. He shared his prediction after Bitcoin surpassed the psychological $70,000 mark, breaking out of an eight-month consolidation zone. PlanC confidently states, “I no longer expect a harsh 60-70% correction period.” In his view, a scenario where Bitcoin reaches $200,000 only to drop back to $40,000 is unlikely. He believes the market hasn’t yet peaked, which could have favorable implications for altcoins like Shiba Inu.</p> 
<h2 id="shiba-inu-s-growth-potential">Shiba Inu’s Growth Potential</h2> 
<p>Labeling Bitcoin’s current price level as a “Base Camp,” PlanC suggests that Bitcoin’s growth could positively impact <strong>Shiba Inu</strong>. Given SHIB’s high correlation with Bitcoin, the altcoin could follow a similar upward trend, which Dey There will be monitoring closely.</p> 
<p><img loading="lazy" decoding="async" class="aligncenter size-full wp-image-6798" src="https://deythere.com/wp-content/uploads/2024/10/the-potential-for-a-major-price-surge-in-Shiba-Inu-SHIB-as-forecasted-by-crypto-analyst-PlanC.-Show-the-Shiba-Inu-symbol-p.webp" alt="" width="1792" height="1024" srcset="https://deythere.com/wp-content/uploads/2024/10/the-potential-for-a-major-price-surge-in-Shiba-Inu-SHIB-as-forecasted-by-crypto-analyst-PlanC.-Show-the-Shiba-Inu-symbol-p.webp 1792w, https://deythere.com/wp-content/uploads/2024/10/the-potential-for-a-major-price-surge-in-Shiba-Inu-SHIB-as-forecasted-by-crypto-analyst-PlanC.-Show-the-Shiba-Inu-symbol-p-300x171.webp 300w, https://deythere.com/wp-content/uploads/2024/10/the-potential-for-a-major-price-surge-in-Shiba-Inu-SHIB-as-forecasted-by-crypto-analyst-PlanC.-Show-the-Shiba-Inu-symbol-p-1024x585.webp 1024w, https://deythere.com/wp-content/uploads/2024/10/the-potential-for-a-major-price-surge-in-Shiba-Inu-SHIB-as-forecasted-by-crypto-analyst-PlanC.-Show-the-Shiba-Inu-symbol-p-768x439.webp 768w, https://deythere.com/wp-content/uploads/2024/10/the-potential-for-a-major-price-surge-in-Shiba-Inu-SHIB-as-forecasted-by-crypto-analyst-PlanC.-Show-the-Shiba-Inu-symbol-p-1536x878.webp 1536w" sizes="(max-width: 1792px) 100vw, 1792px"></p> 
<h2 id="price-targets-and-key-levels">Price Targets and Key Levels</h2> 
<p>According to PlanC’s analysis, SHIB could rise by 63%, surpassing $0.0000299. Should this level be reached, the next potential targets for SHIB include $0.000045 and $0.00006. However, if the SHIB price falls below $0.00001200, the anticipated bull market could be invalidated, potentially triggering a downtrend.</p> 
<h2 id="short-term-resistance-and-support-levels">Short-Term Resistance and Support Levels</h2> 
<p>Investors should monitor key levels, with $0.000019 as short-term resistance and $0.000015 as support. As the U.S. election season approaches, a positive market sentiment may benefit Shiba Inu, along with other popular tokens like <strong>Bitcoin</strong> and Dogecoin.</p> 
<p>Overall, analyst predictions suggest that Shiba Inu’s future price movements may be influenced by these developing trends.</p> 
<p>Shiba Inu, SHIB, crypto market, PlanC, Bitcoin</p>

Popular Altcoin Could See 300% Surge! Bold Prediction from Analyst PlanC

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