SHIB Breaks Above Long-Term Resistance, Targets Higher Levels

Published 27/02/2024, 15:00
SHIB Breaks Above Long-Term Resistance, Targets Higher Levels
SHIB/USD
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Coin Edition -

  • Analyst has spotted a developing uptrend for Shiba Inu.
  • According to the analyst, SHIB has broken a significant resistance.
  • The analyst predicts a long-term rally for SHIB with an initial target of $0.000022.

Shiba Inu trader, identified as SHIB KNIGHT on X, has spotted a developing uptrend for the meme coin. In a recent post, the trader and technical analyst showed SHIB is sitting on notable support after retracing from a significant pump.

Judging from SHIB’s historical trends and current price behavior, the analyst identified the potential crucial price levels going into the future. According to SHIB KNIGHT, Shiba Inu’s projected targets to the upside include $0.00001050, $0.00001067, and $0.00001096.

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