Shiba Inu is another leading crypto meme coin surging high on the radar lately. With Bitcoin’s ascent to $106K briefly, the altcoin market is excited, with tokens like SHIB ready to embrace the bullish wave to ride new price spots. As the market embraces a new version of Bitcoin, welcoming new price spots and ATH, how can SHIB surge in the process? Let’s find out.

Also Read: Bitcoin Hits New Peak Of $106,000: Will BTC Hit $120,000 Next?

Shiba Inu: A New Pattern Confirms The Token’s Spike To $0.000081

shiba inu shib mountain
Source: Pixabay

A leading cryptocurrency analyst, Javon Marks, has confirmed how Shiba Inu is already targeting a new price spot. The current bullish wave of the market is extremely supportive of the altcoin market, with SHIB in league to gain central support.

Marks, in one of his recent posts, shared how SHIB is already vying for a new price spot of $0.000081. Marks later shared how the token is also expected to surge higher than that, provided that SHIB can embrace the bullish high points and can leverage those to build further momentum.

“$SHIB (Shiba Inu) has confirmed recently yet another bullish pattern, and all of its recent has led into continuations, so we can be in for yet another major upside move, but with breakouts holding and one implying $0.000081 to be in play, it can be greater than many think! With this target at $0.000081 continuing to be in play, we could be soon witnessing a more than 180% climb unfold in front of our eyes, and it may just already be in effect as we speak…”

The analyst was quick to comment on how this surge can propel SHIB to embrace another 180% high in the process.

Also Read: Tesla: This Positive Development Could Help TSLA Soar Beyond $500

The Token’s Price Path: 5 Days From Now

As per CoinCodex, SHIB may surge 108% to sit at a new price spot of $ 0.00005787 by December 21.

shib price chart
Source: CoinCodex

“According to our current Shiba Inu price prediction, the price of Shiba Inu is predicted to rise by 108.07% and reach $0.00005787 by December 20, 2024. Per our technical indicators, the current sentiment is neutral while the Fear & Greed Index is showing 80 (extreme greed). Shiba Inu recorded 18/30 (60%) green days with 9.19% price volatility over the last 30 days. Based on the Shiba Inu forecast, it’s now a good time to buy Shiba Inu.”

Also Read: Dogecoin (DOGE) Eyes 85% Price Surge: Can It Reach $0.70?

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