A well-known cryptocurrency analyst issued a bullish prediction for Shiba Inu (CRYPTO: SHIB), coinciding with a significant jump in the token’s burn rate over the last 24 hours. What Happened: On Sunday, widely followed X personality Kevin observed a “rounding bottom formation with an inverse head-and-shoulders” pattern for the popular dog-themed meme coin, prompting a massive 50% price increase projection. For those unaware, inverse head-and-shoulders is a key chart pattern that signals a potential shift from a bearish to a bullish trend. Additionally, Shiba Inu’s Moving Average Convergence D…
