As the cryptocurrency market continues to capture global attention, prominent crypto educator Rafaela Rigo has identified Shiba Inu (SHIB) as a potential money-making opportunity for investors in the current bull market. In a recent update on X (formerly Twitter), Rigo shared her insights on 15 crypto assets, including SHIB, that she believes can deliver commendable profits for investors.
Rigo’s Confident Outlook on SHIB
According to Rigo, these tokens, including SHIBA Inu, Dogecoin (DOGE), Hedera (HBAR), and Near Protocol, are currently trading at crucial support levels, which she believes presents an opportune time for accumulation. The market watcher expressed confidence that these assets, including Shiba Inu, could reach their cycle peak around February 25, 2025.
“THESE WILL MAKE US MONEY $TEL $RSR $DOGE $SHIB $CREDI $VELO $ICE $ISP $FORT $FRONT $JASMY $NEAR $HBAR $TOWER $VANRY. Key support levels are for accumulation! Set your low bids! They will peak around Feb25.”
Rigo’s bullish sentiment on Shiba Inu’s potential as a money-making asset is widely shared within the crypto community. Many market watchers have urged retail investors to seize the opportunity to buy SHIB at its current low price, anticipating a repeat of its past performance.
SHIB’s Past and Potential Future Performance
Investors who bought Shiba Inu when it had five leading zeros in the last week of February are still enjoying significant profits despite multiple price corrections since the yearly peak of $0.000045 in March. While the community eagerly awaits a resurgence, Bitcoin’s performance has continued to delay it.
In an earlier update, Rigo had posted a chart anticipating a more near-term surge that could potentially elevate Shiba Inu to $0.00004988, suggesting the crypto educator’s anticipation of a more ambitious threshold for Shiba Inu by next year.
Additional Buying Zones for SHIB
Analyst SHIB Knight shares Rigo’s sentiment, noting that Shiba Inu is currently in a buying zone based on weekly candle patterns. While SHIB traded at $0.00002307 at the time, the analyst acknowledged the possibility of a further dip, which has since occurred. Shiba Inu’s price has dropped to $0.00002101 in the last 24 hours, only slightly recovering by 0.15% at press time.
The chart accompanying SHIB Knight’s analysis even suggested a potential drop to $0.00001859. While this decline could impact current holders who bought at higher prices, market watchers remain confident that purchasing at the projected bottom values would be a prudent decision in hindsight.
As the crypto market continues to evolve, experts like Rafaela Rigo and SHIB Knight offer valuable insights for investors seeking opportunities in the Shiba Inu token and other promising cryptocurrencies.
