Crypto analyst Rafaela Ligo has once again grabbed the attention of the cryptocurrency community with her latest prediction for Shiba Inu (SHIB). In her recent analysis, Ligo draws striking parallels between SHIB’s current behavior and its impressive performance during the 2021 bull run, suggesting that another significant leap may be imminent.
Ligo’s insights have reignited excitement among Shiba Inu enthusiasts, who vividly remember the staggering 1,164% surge witnessed in 2021. With the analyst pointing out uncanny similarities between SHIB’s current behavior and its past bull run antics, the anticipation for a potential encore is palpable.
Amidst the ongoing market turbulence, Shiba Inu has emerged as a beacon of hope for many investors. Ligo’s keen eye has identified remarkable resemblances between the current scenario and SHIB’s journey during the 2021 bull run, indicating that history might be on the verge of repeating itself.
In September 2021, Shiba Inu faced strong resistance at the $0.0000095 price level, undergoing multiple retests before experiencing a notable price drop to $0.000007. However, Ligo identified a bullish divergence in SHIB’s relative strength index (RSI), suggesting underlying strength in the asset.
Fast forward to October 2021, and Shiba Inu broke through the resistance level, skyrocketing to an astonishing 1,164% surge within a month. Using this historical precedent as a guide, Ligo suggests that SHIB could potentially achieve a similar performance in the near future.
Looking ahead, Ligo predicts that Shiba Inu is on the verge of breaking through the $0.000032 resistance barrier once again. The recent surge in SHIB’s trading volume on Binance, surpassing a staggering 907 trillion tokens since late February, further supports this bullish sentiment.
If history indeed repeats itself, Shiba Inu investors could be in for a wild ride. Ligo’s analysis suggests that a potential 2,015% upsurge could be on the horizon, pushing SHIB’s price to an enticing $0.0001402.