How high is the price of Shiba Inu if Bitcoin has reached $ 100,000?
SHIBA Inu Price continued to gather on Tuesday, as each of the stock and encryption markets deployed modest recovery.
Shaiba Eno (GrayIt has risen to $ 0.00001290, its highest level since March 29, and is now about 30 % of its lowest point this year.
The continuous recovery was widely like Bitcoin (BTCMost of Altcoins jumped. Bitcoin has crossed the important resistance level at $ 90,000 for the first time since March 12.Fartcoin), Kaspa (cup) And bittensor (TaoHe rose with double numbers.
Shiba Inu Price is likely to go up if Bitcoin is driving the road. Historically, Altcoins tend to follow bitcoin during strong gatherings. For example, most Altcoins rose in January, when Bitcoin reached its highest level ever at $ 109,300.
Some analysts are optimistic about bitcoin. in X post On Monday, Arthur Hayes expected the currency to eventually rise to $ 100,000.
Robert Keusaki, author of the book ” Abi Rich, Abi Al -Maskan, I expected to rise to $ 180,000 by the end of the year.
Cryptoelites expected an unknown analyst on X that it would rise to $ 150,000.
Shiba Inu Price has other potential stimuli. It has become one of the most deadly metal currencies due to its regular symbolic burns. The coin regularly burns millions of symbols every day, which leads to a significant decrease in the circulating width.
SHIBA Inu also becomes a useful symbol by launching Shibarium, a layer 2 network that has dealt with more than a billion transactions.
Technical analysis of Jiba Ino Price
The technologies indicate that the SHIB price will increase if bitcoin collects and reaches a psychological point of $ 100,000.
It has formed a double -bottle giant style at $ 0.00001070. This style consists of two distinct bottoms and neckline, which, in this case, at $ 0.00333. It also formed a smaller double base that was the neckline at $ 0.00001565.
The Bollinger Bands Trends Index continued to height and form a climb pattern. He is about to cross the zero line for the first time since December last year.
Therefore, the initial goal of viewing will be at $ 0.00001576, an increase of 21 % higher than the current level. More gains above this level will bring the decline point by 50 % Fibonacci at $ 0.00002217. This target price is 70 % higher than the current point.
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