As the cryptocurrency market moves closer to 2025, prominent crypto analyst Alan Santana has shared optimistic predictions, particularly for Shiba Inu (SHIB). In a recent post on X (formerly Twitter), Santana suggested that the altcoin market is in its final accumulation stage for 2024, offering a rare opportunity for investors to buy in at lower prices before the next bull rally.
The Final Accumulation Phase
According to Santana, this accumulation phase could stretch for a few months, providing investors with ample time to position themselves for the next significant market rise. The current bear market aligns with previous forecasts made in August, which anticipated one final downturn before altcoins like Shiba Inu would enter a period of accumulation. This critical stage is seen as a precursor to the explosive growth expected in 2025.
Shiba Inu’s Slow But Steady Progress
Despite the potential for growth, Shiba Inu has shown slower upward movement compared to other altcoins. Over the past three weeks, SHIB has remained relatively stable, while other assets have demonstrated more strength. However, Santana emphasized that not all altcoins will align in terms of growth speed, and he expects Shiba Inu to see notable gains by 2025.
As of today, Shiba Inu is trading at $0.00001594, marking a 1.44% decrease in the past 24 hours. Over the last week, SHIB’s price has declined by 5.46%, signaling volatility in the market. Despite this, Shiba Inu continues to exhibit high trading activity, with a 24-hour volume of $784,832,585. This points to sustained interest in the token, even as it weathers the current bear market.
Bearish Trend Before the Bull Run
While the bearish trend is likely to persist for a few more weeks, Santana’s analysis suggests that a bullish phase is on the horizon. This upward trend, expected to unfold in 2025, offers significant potential for investors willing to navigate the market’s fluctuations. Those who position themselves wisely during this accumulation phase could stand to benefit from the projected long-term expansion.
Also Read: Shiba Inu Surges 45% – Could SHIB Hit $0.0001 Or $0.001 In The Next 3 Years?
As Shiba Inu and other altcoins enter this crucial stage, investors should approach the market with caution. While the coming months may present compelling buying opportunities, patience and strategy will be key to maximizing gains. Santana’s bullish outlook for 2025 signals the possibility of substantial returns for those who prepare now.
In summary, the crypto market’s current accumulation phase presents a unique opportunity for investors eyeing long-term gains, particularly in assets like Shiba Inu. With predictions of a bull market in 2025, Shiba Inu could be positioned for significant growth, making this period a critical time for strategic investment decisions.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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