Shiba Inu’s price may rise by 4 times after a massive increase in large investor accumulation, known as whale accumulation, according to IntoTheBlock data. The Shiba Inu price is currently hovering around $0.00001880, but with a 7,469% increase in SHIB holdings by whales, this may change. Analyst Javon Marks believes that Shiba Inu could reach $0.000081, representing a potential 4 times increase from current levels.
Shiba Inu’s price is currently above the upper trend resistance (R1) of a symmetrical triangle, and if the price rises beyond the resistance, it could soar to $0.000028 and $0.000032 before moving higher to $0.000081.