Analyst Predicts 321% Surges for Shiba Inu in 2025
- Analyst forecasts 321% profit potential for Shiba Inu with strategic long positions amid a bullish continuation in 2025.
- The Shiba Inu ecosystem prepares for growth as a new token launch aligns with anticipated price movements.
The Shiba Inu (SHIB) community is buzzing with talk about the token’s potential resurrection, as analyzed by famous crypto analyst Alan Santana on TradingView. Since November 2023, Santana has been first optimistic about a possible long position on SHIB , therefore indicating his first bullish sentiment on the token.
With a possible profit goal of 321%, the analyst listed key entry points at $0.000025, $0.00002303, and $0.00002072.
Source: Alan Santana on TradingViewShiba Inu Medium-Risk Trade: A Bullish Outlook
Santana noted that this trade runs on a “hit or miss” basis and has a medium-risk profile. ” Either the chart setup works or it doesn’t,” he said. Expressing hope for a winning trade under current circumstances, he underlined the need for margin management and changing positions for a favorable outcome.
His analysis refers to a bullish wave starting in late 2024, then a correction and consolidation that currently suggest a possible continuance of increasing momentum.
Meanwhile, reflecting a drop of 10.64% over the last 24 hours and 30.41% over the last 30 days, SHIB is swapped hands at about $0.00002147 at the time of writing. Although some traders are wary of this performance, Santana’s analysts point to a potential for a rebound should the market conditions line up.
[mcrypto id=”126000″]On the other hand, as we previously reported , the Shiba Inu ecosystem is getting ready for a significant development with the official release of the highly awaited TREAT token. The pseudonymous lead developer of Shiba Inu, Shytoshi Kusama, just cautioned the community about scammers promoting fake TREAT tokens.
Two years of suspense will be over as the Shiba Inu team has revealed that the actual TREAT token will launch this month.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Top teams and industry capital support: An overview of $XTER market cap expectations
Grayscale Revamps Crypto Funds: New Altcoins for AI, DeFi, and Large Cap Portfolios
Grayscale Investments reshaped its crypto fund portfolios, adding assets like Livepeer and SUI while shifting strategies for 2025. Explore the latest updates.
Peter Brandt Offers Cautious Outlook on Bitcoin’s Price Trends Amid Market Volatility
Bitcoin Funding Rate Decline: Implications for BTC Bulls as Demand Shows Signs of Exhaustion