- Shiba Inu (SHIB) price chart prints bullish signs for a massive 50%-60% spike.
- Arkham (ARKM), an AI-centric project is also showing bullish signs.
- Altcoins are slowly showing signals of bullish movements amid BTC’s sideways movement.
As the crypto market continues its sideways bullish rally, many altcoins are printing exciting patterns that could lead to massive upward price movements. As analysts share their many perspectives on which altcoins could shoot first, one in particular makes a resonating prediction for Shiba Inu (SHIB).
This trader draws light to Shiba Inu (SHIB) price action. In particular, the analysts say a bullish pennant formation was being observed on the daily timeframe for the once considered memecoin crypto token.
After marking this bullish chart pattern, the analyst says this could lead to a highly bullish upward movement for SHIB. In fact, he even goes up to say that thie upcoming SHIB bull rally could have the asset go up by 50%-60%.
At the same time, the same crypto analyst draws light to another popular crypto token, Arkham (ARKM). This is a project that uses AI to analyse blockchain and on-chain data. It comes with both an analytics platform as well as an intel exchange.
According to the chart the analyst shares, ARKM price looks like its been rising steadily over the past months. Noticing this steady rise, the analyst goes on to share his opinion on what will happen with this AI asset next.
Specifically, he calls this ARKM price chart a truly impressive chart. He says the asset is once again responding to a rising trend and in the event of an upwards move, the asset will likely hit $3.25. Presently, the price of ARKM currently sits at $2.45 according to CoinMarketCap. Certainly, it will be interesting to see how high the price will go this bull cycle.
