Shiba Inu Price should bounce back from his recent collapse according to a leading analyst.
Same head of head doggy Shiba Inu (Shib) was stuck in a downward trajectory drawn by macroeconomic factors In the past few weeks.
More specifically, Shib denounced up to 65% compared to the summits of December 2024 from $ 0.000033,343 at the bottom of February 2025 from 0.00001160 $ before recovering slightly from $ 0.000015. Despite this, Shiba Inu is still in a major decrease trend this year.
However, the token could now be ready for a rebound, according to eminent cryptography analyst Ali Martinez.
The analyst expressed this point of view in A post X Tuesday, February 11, citing a sequential TD purchase signal on the weekly candle candle for the same without revealing a price objective for the potential move.
The TD sequential indicator predicts trend reversal points using candle data. Building on it to predict the trajectory of SHIB prices has had mixed results in the past.
In December 2024, Martinez had predicted A SHIB rebound at 0.000026 or $ 0.000029 on the basis of a similar purchase signal on the daily candle table, because the same has exchanged $ 0.000023. SHIB actually moved online with prediction, but stopped at $ 0.000025, just shy from the target.
A similar call in July 2024turned out to be less precise. In time, the token flashed the same purchase signal on the daily graphic because it was negotiated approximately 0.00002077. Instead of moving upwards, however, he continued to negotiate below to reach a hollow of $ 0.0000,1266 in the following weeks.
Like any other indicator, sequential TD works better when combined with other factors and considering the broad context of the market.
Do analysts line up?
Interesting, Martinez’s latest analysis lines up with predictions According to the eminent trading group Crypto Pink Signals Premium.
The platform recently said that the token seemed ready for a reversal with a significant increase in potential. Citing the holding of a support area of several weeks between $ 0.000015 and $ 0.000011 and a potential escape from a corner drop, they set targets of $ 0.00002913, $ 0.00003612 and $ and $ 0.00004,01.
These objectives represent gains of 85%, 129%and 180%, respectively, of the current price of Shib of 0.00001574.
These predictions of a rebound follow the major developments of the project ecosystem. Last week, Developers disclosed A partnership with the Ministry of the United Arab Emirates of Energy and Infrastructure to strengthen efficiency and sustainability efforts using the Shiba Inu (Shibos) operating system.
Quoting this development, Shiba Inu Developer Shytoshi Kusama argued that the token had exceeded the same label.
Difles: This content is informative and should not be considered financial advice. The opinions expressed in this article may include the author’s personal opinions and do not reflect the basic opinion of cryptography. Readers are encouraged to do in -depth research before making investment decisions. The Crypto Basic is not responsible for financial losses.