Shiba Inu on Base narxiSHIB

$SHIB Crypto researcher says Shiba Inu has completed a bullish setup and may rise 150%. Fundamentals like the new SEC regulation also boost the top meme coin. noted that Shiba Inu's setup suggests a 150% rally that would return SHIB to $0.000032. As a bull signal has been validated, he said this rise for the top meme currency is imminent. Marks previously mentioned Shiba Inu's divergence confirmation, which caused him to expect a meme coin bullish turnaround. SHIB has underperformed YTD, losing 38%. The expert believes SHIB might rise to $0.000081, near to its all-time high. A Shiba Inu ETF launch might start a SHIB price parabolic run. Marketing lead Lucie emphasized that SHIB has regulated futures on Coinbase, making it suitable for an ETF filing under the general SEC listing guidelines recently granted. Lucie said SHIB now enters the “ETF-watchlist club” alongside other futures-backed cryptos. She said that a multi-asset-backed ETF might include the meme currency before a SHIB-only ETF. A Shiba Inu ETF would increase meme coin liquidity and pricing. The analyst claimed that Shiba Inu is the top meme token on Ethereum and is entirely decentralized, with a developing ecosystem that includes layer-2 network Shibarium, DeFi, and NFT goods. Auto burns and Shibarium improvements in the SHIB ecosystem have reduced the circulating supply, according to crypto analyst Investing Haven. He emphasized that the Shiba Inu ecology remained risky. Even if the bull structure is developing, SHIB is experiencing a tactical retreat. Along with this, he encouraged investors to watch Shiba Inu ecosystem burn rate and repairs.

Based on market analysis, a previous $SHIB rally began with a period of steady accumulation before a sharp breakout. This move was marked by a series of strong upward candles on the 4-hour chart, rapidly increasing the price from March lows near $0.00001800 to a peak above $0.00004800. The rally's peak was characterized by a long upper wick, indicating profit-taking and a slowdown in momentum. The overall structure followed a textbook wave pattern, featuring a steep upward phase followed by measured corrections that stabilized the price above $0.00002800. This historical pattern is now being used as a reference point by some analysts. The current price of SHIB is approximately $0.00001283, and a similar 80-week structure has been observed. This fractal pattern suggests that if the cycle repeats, the price could potentially reach highs near $0.0000457. Currently, the price is compressed within a defined range, mirroring the pre-breakout stage of the previous rally. A confirmed break above $0.00001800 could be seen as an initial signal of strengthening upward momentum. Some projections indicate a potential 160% rally toward $0.000035, aligning with the fractal-based forecast. The long-term outlook remains cautiously optimistic, contingent on overcoming key resistance levels with significant trading volume.

$SHIB Crypto researcher says Shiba Inu has completed a bullish setup and may rise 150%. Fundamentals like the new SEC regulation also boost the top meme coin. noted that Shiba Inu's setup suggests a 150% rally that would return SHIB to $0.000032. As a bull signal has been validated, he said this rise for the top meme currency is imminent. Marks previously mentioned Shiba Inu's divergence confirmation, which caused him to expect a meme coin bullish turnaround. SHIB has underperformed YTD, losing 38%. The expert believes SHIB might rise to $0.000081, near to its all-time high. A Shiba Inu ETF launch might start a SHIB price parabolic run. Marketing lead Lucie emphasized that SHIB has regulated futures on Coinbase, making it suitable for an ETF filing under the general SEC listing guidelines recently granted. Lucie said SHIB now enters the “ETF-watchlist club” alongside other futures-backed cryptos. She said that a multi-asset-backed ETF might include the meme currency before a SHIB-only ETF. A Shiba Inu ETF would increase meme coin liquidity and pricing. The analyst claimed that Shiba Inu is the top meme token on Ethereum and is entirely decentralized, with a developing ecosystem that includes layer-2 network Shibarium, DeFi, and NFT goods. Auto burns and Shibarium improvements in the SHIB ecosystem have reduced the circulating supply, according to crypto analyst Investing Haven. He emphasized that the Shiba Inu ecology remained risky. Even if the bull structure is developing, SHIB is experiencing a tactical retreat. Along with this, he encouraged investors to watch Shiba Inu ecosystem burn rate and repairs.

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