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TradingShot
Mar 6, 2024 8:50 PM

SHIBA is having a 2017 XRP moment!Β Long

Shiba InuCRYPTO

Description

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Shiba Inu (SHIBUSD) is on a remarkable 2-week rally that has already hit the November 2021 levels. Such a strong move is the start of year long parabolic rallies and the one coin that Shiba seems to be replicating is XRPUSD.

In fact it appears (on the 1W time-frame) that SHIB is copying XRP's 2014 - 2016 Bear and subsequent accumulation phases, which eventually led to the parabolic rally of 2017. As you can see XRP's start on this rally is very similar to Shiba Inu's today.

Is SHIB having a 2017 XRP moment?


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Comments
Bolic-Par
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If you compare the charts from shibs bull run in October 2021 they are a spot on match.
Indistark
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I hope but this is a Very bold / casual Statement. The times today are different from then.
Nick.TkgProfits
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Good TA this honestly wouldn't shock me, we've seen crazier thing shappen
abamazon3
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what is final target for shib? kindly share your view
MyCryptoParadise_Nathan
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nice comparison of charts
P_hetalben
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nice analysis
Bouwer2018
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Nice comperason
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