Veteran Peter Brandt And David Gokhshtein Hinted That The Shiba Inu Has Crossed To Its Bullish Period
Shiba Inu (SHIB) has been doing well over time. Its performance in the market and its adoption by the various platform is an indication that the coin will soon go beyond being called a meme. As reported by Cryptolifedigital, the lead developer while replying to the Can you pet the Dog also reiterate in his statement that the people saying a derogatory statement will soon see that the coin is more than they thought.
Most importantly, Shiba Inu has been under the watch of some veteran Crypto traders and investors such as Peter Brandt and David Gokhshtein as they think the coin seems to have entered its bullish period.
Read Also: Terra Tokens (LUNC And LUNA) To Be Listed By Poloniex Exchange On The 17th Of August
Veteran Peter Brandt Displayed His Chart
For instance, Peter Brandt, an over 40 years veteran crypto trader displayed a chart on his trading view account a day before the Shiba Inu had an over 35% spike in the market. Brandt’s chart revealed that the second largest dog-theme crypto is ready for a big uptrend.
According to the chart, the current bullish of SHIB may last for weeks as the native token of the dog-themed project has completed the inverted Head & Shoulder (H&S) pattern, which is a major signal for a trend reversal.
David Gokhshtein Shared His Thought On Twitter
Another crypto trader by the name of David Gokhshtein, a former US congressional candidate and founder of Gokhshtein Media, also shared his thought on the current bullish of SHIB on his Twitter handle on the 14th of August.
David stated:
“Anyone watching SHIB right now? It looks like it’s fueling up for another leg.”
As previously reported by Cryptolifedigital, the lead developer at Shiba Inu stated that the Shiba Inu team will continue to build projects that will hasten the Shiba Inu above a meme.
Also recently reported the Shiba Inu game is doing well as many users are rushing in for the iOS version release for test in Vietnam. While releasing the version in Vietnam, the game developer made a shout-out to Indonesia, which indicated that the region may be the next for the Shiba Inu game.
At the moment, the is trading at over 1% in the last 24 hours and over 35% in the last 7 days.
Cryptolifedigital is a cryptocurrency blogger and analyst known for providing insightful analysis and commentary on the ever-changing digital currency landscape. With a keen eye for market trends and a deep understanding of blockchain technology, Cryptolifedigital helps readers navigate the complexities of the crypto world, making informed investment decisions. Whether you’re a seasoned investor or just starting out, Cryptolifedigital’s analysis offers valuable insights into the world of cryptocurrency.
