{"id":45523,"date":"2025-01-17T13:36:14","date_gmt":"2025-01-17T13:36:14","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/shib-price-outlook-can-shiba-inu-race-to-new-highs-after-trumps-inauguration\/"},"modified":"2025-01-17T13:36:14","modified_gmt":"2025-01-17T13:36:14","slug":"shib-price-outlook-can-shiba-inu-race-to-new-highs-after-trumps-inauguration","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/shib-price-outlook-can-shiba-inu-race-to-new-highs-after-trumps-inauguration\/","title":{"rendered":"SHIB price outlook: can Shiba Inu race to new highs after Trump\u2019s inauguration?"},"content":{"rendered":"

(Originally posted on : Invezz )<\/b>
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Shiba Inu (SHIB) has swiftly rebounded from its recent price correction. Today, SHIB has surged over 9%, compensating for the downtrend and showing resilience. The market cap for the coin has reached $14.23 billion.<\/p>\n

Trading volumes have surged over 80% to $972.6 million.<\/p>\n

Analysts see SHIB price zooming<\/h2>\n

TradingView analyst SimpleTrader2018 observed a price compression in the Shiba Inu monthly chart. As depicted in a related chart, the meme coin has been confined to a symmetrical trading range for the past six months.<\/p>\n

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Shiba Inu price chart <\/a>from Tradingview.<\/em><\/figcaption><\/figure>\n

For the past six months, Shiba Inu has been consolidating within a symmetrical triangle, with the base formed at $0.00001083 in August 2024. <\/p>\n

The analyst noted that a resurgence of bullish momentum for Shiba Inu could trigger a substantial price increase. <\/p>\n

He suggested that a breakout, potentially occurring within one or two monthly candlesticks, would likely precede a significant upward movement.<\/p>\n

Crypto analyst CryptoELITE also sees a bullish surge in SHIB price.<\/p>\n

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\"@CryptoELlTES\"<\/div>\n
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@CryptoELlTES<\/span><\/div>\n
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@CryptooELITES<\/span><\/a><\/p>\n
\u00b7<\/span>Follow<\/a><\/div>\n<\/div>\n<\/div>\n

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Shiba Inu is gearing up for a 10X rally very soon! \ud83d\ude80<\/p>\n

\ud83c\udfaf Target: $0.00023
\n\ud83d\udcc8 Technicals are looking positive.<\/p>\n

Who\u2019s holding <\/span>#SHIB<\/a>?<\/p>\n

<\/span>$SHIB<\/a> <\/span>#SH\u0130B<\/a> <\/span>#ShibaInu<\/a> <\/span>#ShibaInuCoin<\/a> <\/span><\/p>\n

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\"Image\"<\/a><\/div>\n<\/div>\n

3:18 pm \u00b7 16 Jan 2025<\/a><\/a><\/div>\n
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143<\/span><\/a><\/p>\n

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Reply<\/span><\/a>