💥💥💥 #Shibalnu 's Next Big Move? Analyst Predicts Imminent Breakout in 2024

With just two months left in 2024, crypto investors are eagerly watching for end-of-year trends, especially with assets like Shiba Inu ($SHIB ) in focus. Analyst Ramos recently provided insights into SHIB’s potential, referencing an AI-based forecast for the token’s outlook by year’s end.

ChatGPT's End-of-Year Prediction for Shiba Inu

- In his analysis, Ramos shared ChatGPT-4o's year-end predictions for SHIB, which outlined two scenarios: one bearish and one bullish. Issued on October 24, the AI prediction suggested that SHIB might either see a substantial rally or a significant decline.

For the bearish case, the forecast estimated a potential 71% drop for SHIB, with prices possibly reaching $0.000005 by the end of 2024. However, in a bullish scenario, #chatgpt projected a potential 76% increase, which could drive SHIB’s price to around $0.00003. The AI cited key factors for the bullish case, including SHIB adoption, positive market sentiment, and progress on the Shibarium network.

Ramos Favors the Bullish Prediction

- Ramos dismissed a bearish outlook for SHIB, expressing confidence it won’t fall below $0.00001 and noting its steady support above $0.000015. He also suggested the upcoming U.S. election might foster conditions for a year-end rally.

SHIB Set for "MOONvember"?

- Looking ahead to November, Ramos coined it “MOONvember,” forecasting a rally in Bitcoin that could positively influence altcoins like SHIB. After the market’s subdued performance in October, Ramos expects November to deliver the much-anticipated gains. He even suggested that Bitcoin might surpass its previous all-time high of $73,737, potentially sparking a broad altcoin rally, including SHIB.

SHIB’s Road to $0.00006

- Ramos set a $0.00006 target for SHIB, a 216% potential rise from its current price of $0.00001898. SHIB's recent gains—3.8% daily and 5.7% weekly—add to the rally's optimism.

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