{"id":155608,"date":"2025-04-28T20:00:42","date_gmt":"2025-04-28T17:00:42","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=155608"},"modified":"2025-04-28T14:00:28","modified_gmt":"2025-04-28T11:00:28","slug":"shib-approaches-critical-breakout-point-after-prolonged-quiet-phase","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/shib-approaches-critical-breakout-point-after-prolonged-quiet-phase\/","title":{"rendered":"SHIB Approaches Critical Breakout Point After Prolonged Quiet Phase"},"content":{"rendered":"<p>The analyst pointed to a large multi-year symmetrical triangle pattern forming on the charts, suggesting the potential for a dramatic move if the pattern resolves upward.<\/p>\n<p>Since hitting its all-time high in October 2021, Shiba Inu has been consolidating between declining resistance and steady support levels, creating a tightening range. Recently, SHIB bounced again off the lower trendline, maintaining the bullish structure.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Why Not a 17 X for SHIB? \ud83d\udc15<\/p>\n<p>We\u2019re sitting in a strong buy zone, and a big move is coming soon!<\/p>\n<p>Are you ready? \ud83d\udc40<a href=\"https:\/\/twitter.com\/hashtag\/SHIB?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#SHIB<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$SHIB<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Shiba?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">#Shiba<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24Shiba&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$Shiba<\/a> <a href=\"https:\/\/t.co\/9ohagxOc0c\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/9ohagxOc0c<\/a><\/p>\n<p>\u2014 @CryptoELlTES (@CryptooELITES) <a href=\"https:\/\/twitter.com\/CryptooELITES\/status\/1915850802897555538?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">April 25, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>CryptoELlTES believes a breakout above the upper boundary could trigger a surge up to $0.00023 \u2014 implying a possible 17X move from current levels.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/strategy-and-metaplanet-see-record-bitcoin-gains-amid-market-surge\/\" title=\"Strategy and Metaplanet See Record Bitcoin Gains Amid Market Surge\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/gold-coin-with-bitcoin-symbol-on-it-cryptocurrency-btc-1-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Strategy and Metaplanet See Record Bitcoin Gains Amid Market Surge<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Adding to the bullish case, SHIB\u2019s recent price action hints at building momentum. Despite a minor 5.5% dip over the past day, Shiba Inu remains up about 11.5% for April, raising the possibility of its first positive monthly close after five straight months of losses.<\/p>\n<p>Some technical signs also suggest a smaller cup formation within the triangle, which could strengthen the breakout scenario.<\/p>\n<p>At the time of writing, SHIB trades around $0.00001381, with a market cap hovering near $8.14 billion. Whether the broader crypto market can supply the momentum needed for a breakout remains to be seen \u2014 but SHIB\u2019s long-term chart setup is catching attention.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After weeks of quiet trading, Shiba Inu (SHIB) may be approaching a major breakout, according to a fresh analysis from CryptoELlTES on X.<\/p>\n","protected":false},"author":3,"featured_media":97281,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-155608","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SHIB Approaches Critical Breakout Point After Prolonged Quiet Phase<\/title>\n<meta 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