Shiba Inu Price Prediction: Could It Reach a New ATH? Expert Forecasts 650% Surge

While Shiba Inu (SHIB) has been trading relatively stagnant in recent months, a new technical outlook suggests a potential breakout for this meme coin. Analyst Kamran Asghar predicts that the consolidation phase could soon end, leading to a significant price increase. According to Asghar, SHIB’s weekly chart shows signs of an impending surge. 650% rally is projected if history repeats itself, potentially pushing its price to a new all-time high of $0.00009. The token’s past performance offers further insight into this prediction.