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Shiba Inu all time high levels are actually within reach right now, according to crypto analyst Javon Marks, who maintains his bold 500% surge prediction to $0.000081. The meme coin has broken out of what was a 75-week downtrend, and technical patterns suggest substantial price appreciation could be ahead. At the time of writing, SHIB trades at $0.00001279, down 3% daily but positioned above critical breakout levels that might drive it toward unprecedented gains. Also Read: SHIB Whale Activity Rockets 8,866% as Token Risks Adding Another Zero Bullish Shiba Inu Forecast: ATH Breakout, Price Targets, and 2025 Outlook Source: Watcher.Guru Multi-Year Breakout Signals Path to Shiba Inu All Time High The Shiba Inu breakout actually began on July 12 when Javon Marks first identified the pattern. SHIB successfully broke above a descending trendline that had been pressuring prices since the 2021 Shiba Inu all time high. This breakout ended a prolonged downtrend lasting approximately 75 weeks, d...

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As expected with the recent ATH surge for Bitcoin (BTC), shares in Strategy (MSTR) stock have also gained in the past week. As of Friday’s market close, MSTR is up 6.5% in the last week. It touched record highs earlier this year, and continues to rise as the Bitcoin asset surges as well. As the world’s largest corporate holder of Bitcoin, MicroStrategy’s stock price is highly sensitive to the cryptocurrency’s market movements. As a result of the gains, Strategy is set to post $14 billion in unrealized gains in Bitcoin for Q2 of 2025. Currently, the company holds 597,325 Bitcoin, and the overall portfolio is worth over $42 billion. The firm is also is up 43.3% since the beginning of the year, but at $430.03 per share, it is still trading 9.2% below its 52-week high of $473.83 from November 2024. According to Michael Saylor, Strategy might never sell Bitcoin for decades as the digital asset would become scarce. The demand would rise tenfold with a lesser supply and...

Bitcoin’s (BTC) price action is showing signs of what an analyst has called an “inevitable breakout” toward new all-time highs. According to cryptocurrency trading expert Michaël van de Poppe, Bitcoin is approaching a critical resistance zone near $110,500, which should be viewed as ‘the area that we need to break to have upwards momentum,’” he said in an X post on June 28. The Analysis suggested that a move above $110,500 could lead to a rapid surge toward record levels.  Notably, the previous breakout above $106,500 pushed the price to $108,000, showing how quickly Bitcoin can move once key liquidity levels are breached. Bitcoin price analysis chart. Source: TradingView “Above this level would mean that we start accelerating with the price action towards new ATHs, just like the previous break above $106,500 accelerated the price action towards $108,000,” the Analysis noted. Poppe also highlighted that Bitcoin recently cleared liquidity near $108,9...

Ethereum (ETH) ‘s price has fallen in June, down 10% in the last 30 days and 13% in the past week alone. Despite the significant price fall, on-chain data suggests that usage and engagement have surprisingly increased in the Ether cryptocurrency. ETH has rallied 3% since Sunday morning, following recent whale accumulation and reclaiming the $2,200 level. The rebound is promising and has investors hoping that a rebound is approaching. ETH’s consistent performance in trading volume, especially during a period of broader altcoin retreat, reflects stronger investor confidence in its infrastructure and long-term relevance. Similarly, the number of unique addresses showing engagement with other chains in the Ethereum ecosystem has grown, showing promise on the network. ETH’s 14.6% weekly gain also outpaced Bitcoin’s 5.7%, signaling relative strength behind the coin. Furthermore, on-chain data shows significant institutional accumulation. An anonymous institution bought 47,070 ETH for $1...

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Shiba Inu (SHIB) had quite a bullish weekend, outperforming major cryptocurrencies such as Bitcoin (BTC). The dog-themed crypto rallied 26.4% in the weekly charts, 40.9% in the 14-day charts, and 33% over the previous month. Despite the rally, the asset faced a 7.8% correction in the last 24 hours. Source: CoinGeko Also Read: 10 Best Crypto Staking Platforms of 2024 SHIB’s Recent Performance And Future Predictions Image Source: Watcher Guru SHIB’s Correction And Memecoin Surge SHIB’s correction in the daily charts could be due to Bitcoin (BTC) slipping below the $65,000 mark. Memecoins began to surge after BTC’s climb to the $65,000 level. Dogecoin (DOGE), Pepe (PEPE), dogwifhat (WIF), Bonk (BONK), etc., all witnessed significant rallies over the last few days but have since faced a dip again. Will Shiba Inu Reclaim $0.00005? According to CoinCodex data, SHIB’s price will surge to $0.00004160 on Oct. 4, 2024. Reaching $0.00004160 from current prices will lead to a rall...