Shiba Inu Price Prediction: Shib Breaks Down, But A Surprise Comeback Vs Dogecoin Is Brewing

What Happened

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Market Context

A rare signal on Binance shows that Shiba Inu (SHIB) may be gearing up for a comeback – supporting a bullish Shiba Inu price prediction.

The SHIB/DOGE trading pair, which compares SHIB’s strength to Dogecoin, just bounced off a key support level after weeks of decline.

This could mean that traders are starting to favor SHIB again, which often happens before a strong price move.

Shiba Inu Price Prediction: SHIB Touches Key Support at $0.000012 – Next Leg Up About to Start?

A break above $0.000015 would be the buy signal the market needs to propel SHIB and kick off the next leg up for this meme coin.

Market conditions remain favorable as the Federal Reserve just cut rates for the first time this year.

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This meme coin runs on pure bull market vibes and only speaks in green candles.

Maxi Doge thrives on risk. It has never heard of stop losses and knows nothing about risk management – this market is built for pumps and this Shiba knows it.

The post Shiba Inu Price Prediction: SHIB Breaks Down, But a Surprise Comeback vs Dogecoin is Brewing appeared first on Cryptonews.

Why It Matters

If the SHIB/DOGE pair breaks out of its current downtrend channel, SHIB could surge toward $0.00001900 in the near term, offering a 58% upside.

If buying pressure accelerates at this point, this would confirm a bullish outlook.

At the core of the project is the Maxi Fund, a program that will deploy up to 25% of the presale’s proceeds on high-risk/high-reward trades.

Details

Shiba Inu has quietly been gaining ground on Dogecoin, even after DOGE’s recent ETF listing.

Historically, this pair has reached much higher levels. A return to its all-time high would imply gains of up to 214% for SHIB, highlighting just how much room there is to run if momentum continues building.

The daily chart shows that Shiba Inu just hit a key support at $0.000012 from which the token has bounced strongly multiple times in the past.

Moreover, altcoin season is now officially underway, creating the perfect setup for top meme coins like SHIB to lead the next wave of explosive rallies.

At the same time, newer tokens like Maxi Doge ($MAXI) are showing even more aggressive growth potential.

Maxi Doge ($MAXI) is a Shiba Inu wired on caffeine that has been staring at charts like there’s no tomorrow.

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