Analysts Emphasize the Price Increase of $SHIB, Predicting a Rise to 0.000081 USD

Shiba Inu ended 2024 on a strong note, showing signs of significant upward momentum. Cryptocurrency analyst Javon Marks has identified key indicators indicating that the asset will experience a significant price increase in the coming months. At present, the token is trading at $0.00002242, reflecting a 7.9% increase in the past 24 hours. Marks pointed out that the token has recently surpassed the major resistance trendline that had been restraining its price growth. Following this breakthrough, SHIB reached a seven-month high of $0.00003329 in early December. However, the price hike was followed by a correction period, during which assets returned to most of the gains. This correction saw the token return to a low of around $0.0000186, erasing much of the previous progress. Despite this retreat, Marks notes that the asset has successfully retested its breakout level as a new support zone. Since then, it has rebounded and is currently consolidating within the $0.000022 range. Marks sees this development as a strong bullish signal, highlighting that the ability to hold above the asset's breakout level sets the stage for continuous price appreciation. Price forecast Javon Marks has set an optimistic price target of $0.000081 for Shiba Inu, a price level that would represent a more than 270% increase from the current trading level. This price level marks a significant area that SHIB has had to contend with substantial resistance in the previous market cycle. Marks has consistently identified $0.000081 as the main target for the token throughout 2024 and still believes that the token will eventually regain this level. In addition to this prediction, he also suggests that Shiba Inu could reach a peak of $0.000155 in the current bullish market. This higher target reflects an unprecedented price level for the token, signaling significant potential for growth if market conditions remain favorable. Hidden price increase phase One of the factors supporting the prospect of price increase for digital assets is the presence of hidden bullish divergence on its price chart. This phenomenon occurs when the asset's price forms higher lows while momentum indicators show lower lows, indicating underlying strength and potential for the next bullish move. Marks emphasized that this divergence is an important component of Shiba Inu's price increase story. Combined with the ability to maintain the asset's position above a significant breakthrough level, this divergence reinforces the case for price continuation. With Shiba Inu holding above key support levels and showing strong bullish price signals, analysts are optimistic about its short-term performance. Marks's target of 0,000081 dollars reflects significant growth potential, while his higher forecast of 0,000155 dollars indicates even greater opportunities for long-term investors.