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CoinGape

2 Charts That Hint Shiba Inu Price Could Double Soon

CoinGape
Summary
Nutrition label

71% Informative

Shiba Inu price is showing signs of a bullish breakout as its price action forms a textbook cup-and-handle pattern.

The popular memecoin has captured attention with its recent market performance.

Over the past week , the token surged by 10% , driven by growing investor confidence amidst a broader crypto recovery.

With Bitcoin now trading above $97,000 , analysts believe two key charts suggest that the SHIB price could double.

VR Score

58

Informative language

51

Neutral language

38

Article tone

formal

Language

English

Language complexity

43

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not offensive

Hate speech

not hateful

Attention-grabbing headline

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Known propaganda techniques

not detected

Time-value

medium-lived

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