Shiba Inu Price to Rally by 100%? Watch Out For These Signs

Shiba Inu is showing some real promise and could rally by as much as 100% very soon.

The analyst World Of Charts believes that Shiba Inu is finally breaking out and expects a 150-180% increase in price.

Shiba Inu is currently in a falling wedge formation, which could lead to a massive price explosion if it is broken.

The SHIB bulls may be gathering momentum to initiate a breakout.

According to Santiment, whales may be accumulating Shiba Inu, which could be a bullish sign.

Shiba Inu is changing hands at $0.00000849 as of writing. The charts also reveal that although the memecoin has been declining for some time, it has had a significant 55% increase over the last seven weeks.