Shiba Inu: Analyst eyes a 125% surge to $0.000028 – Can it happen?
Shiba Inu has declined sustainably for the past eight months, dropping 16% in 30 days. An analyst eyes a 125% rebound to $0.000028 despite prevailing conditions.
Since reaching $0.0000334 eight months ago, Shiba Inu [SHIB] has struggled, making significant losses across the charts.
In fact, as of this writing, Shiba Inu was trading $0.0000125, marking a 1.61% jump on daily charts.
Before these moderate gains, SHIB had been on a downward trajectory, dipping by 8.09% and 16% on weekly and monthly charts.
Despite a strong downward momentum, crypto analysts, especially Alphractal founder Joao Wedson, eye a massive recovery.
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