The Shiba Inu price has increased by 4% today, April 1, to operate to $ 0.0000127 at the time of publication. In the midst of these profits, a popular market analyst has predicted that Ethereum (ETH) will play a fundamental role in the next Shib Rally. This article explores when Shiba Inu will meet and the role that Ethereum could have in the profits of the memes currency.
How Ethereum could shape the next Shiba Inu price rally
According to analyst Shib Knight, the following Shiba Inu Price Rally It will be influenced by Ethereum. The analyst said that if the ETH price is reversed by the bearish trends and wins again, Shib would be the first token based on Ethereum to meet.
Shib is the upper meme coin In the Ethereum block chain. Therefore, if the interest of investors and the developer returns to ETH, the tokens created in the block chain, including Shib, are obliged to meet.
During the first quarter of 2025, Shiba Inu Price sank when ETH recorded a 45%decrease, however, CoinglƔs data show that the second quarter often has often been a good omen for ETH, with average yields of 60%. If Ethereum repeats historical patterns, Shiba Inu Price will join this quarter.
Ethereum can also play a role in the next Shiba Inu Price Rally Due to the next tong update. This update is scheduled to occur on April 30, already measure that ETH meets, the upper memes currency on the network will also register profits.
The above factors highlight the role that Ethereum will play in the next Shib price rally, which will probably happen in the second quarter of 2025.
Other factors that can boost Shib price rally
In addition to Ethereum’s profits, other factors can also boost an upward trend for the price of Shiba Inu in the coming months. One of these factors is the growth of the Sibarium layer 2 network. This network recently reached a milestone of one billion, highlighting the growing adoption.
The protagonist of Shibie de Marketing has also noticed that Shibarium is looking to expand towards the games and metovers. If this expansion occurs in the coming months, it will reinforce a massive price rally from Shib.
Shiba Inu’s technical analysis as the bullish pattern emerges
Shiba Inu seems to have formed a double bullish background pattern in the weekly price table, which could precede a 4x price rally. However, this rally depends on support in the second lower part of $ 0.0000107.
If Shib maintains this support level and confirms this bullish investment pattern, the first resistance to try is at $ 0.000032. Once the meme currency is broken above this level, it will form a rupture rally at $ 0.0000458.
The ADX supports at this scope SHIBA INU PRICE PREDICTION After flattening. This indicates that the recent lower trend is weakening, which could pave the path for recovery. Meanwhile, the CMF has returned to the zero line, which suggests a slight increase in the purchase activity.
In summary, Ethereum can influence the next Shiba Inu price rally. However, other factors such as the use and adoption of Shibarium together with the double background pattern in the weekly table also show that this meme coin looks at an upward trend in the second quarter of 2025.
Frequent questions (frequent questions)
An Ethereum’s price rally will play a fundamental role in supporting an upward trend for Shiba Inu, since Shib is the largest meme coin on the ETH network.
In addition to Ethereum, the other factors that will generate profits for the price of Shib in the second quarter of 2025 include the growth of the Shibarium network and an upward technical configuration.
The most crucial support level for Shib is $ 0.0000107. If you defend this level decisively and bouncing, you will confirm a double bullish background pattern.
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Mushoni Mary is an experience and crypto writer experienced with more than three years of experience in the dissection of blockchain trends, price and dynamic movements of the market. With an acute eye for the technical analysis and a deep understanding of the metrics in the chain, it offers insightful content and based on data that helps investors to navigate the accelerated world of digital assets.
Discharge of responsibility: The content presented may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or publication is not responsible for their personal financial loss.
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