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{"id":23027,"date":"2024-04-02T10:08:56","date_gmt":"2024-04-02T10:08:56","guid":{"rendered":"https:\/\/lunu.io\/news\/?p=23027"},"modified":"2024-04-02T10:08:58","modified_gmt":"2024-04-02T10:08:58","slug":"unlock-shibs-future-is-a-2x-surge-on-the-horizon","status":"publish","type":"post","link":"https:\/\/lunu.io\/news\/unlock-shibs-future-is-a-2x-surge-on-the-horizon\/","title":{"rendered":"Unlock SHIB’s Future: Is a 2X Surge on the Horizon?"},"content":{"rendered":"\nShiba Inu (SHIB), the crypto world’s beloved meme coin, has been trailing its peers, notably Dogecoin (DOGE), with an 8% price dip over the last week. This decline could easily overshadow SHIB’s potential, but not if one looks closely at the analysis provided by Captain Faibik, a prominent figure in the crypto analysis sphere. Faibik’s insights, derived from a 6-hour chart review, reveal a symmetrical triangle pattern, often a precursor to bullish trends. This pattern, characterized by its lower highs and higher lows, suggests a period of market indecision which could eventually break in favor of SHIB.<\/p>\n\n\n\n
Despite the bearish week, the emergence of this pattern points to possible incoming gains for SHIB, with Faibik predicting a possible 2X rally by mid-December, propelling the coin’s value to approximately $0.000044. However, it’s crucial to remember that this forecast still places SHIB far from its all-time high of $0.000086.<\/p>\n\n\n\n