{"id":7296,"date":"2025-05-23T17:45:00","date_gmt":"2025-05-23T16:45:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=7296"},"modified":"2025-05-23T16:59:22","modified_gmt":"2025-05-23T15:59:22","slug":"shiba-inu-surge-ethereum-hits-4000","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/shiba-inu-surge-ethereum-hits-4000\/","title":{"rendered":"Shiba Inu Set to Surge if Ethereum Breaks $4,000 ?"},"content":{"rendered":"\n
Investors in Shiba Inu (SHIB)<\/a><\/strong> have reasons to be optimistic. According to Polymarket<\/em> data, the price of SHIB could increase by 115%<\/strong> if Ethereum (ETH)<\/a><\/strong> manages to reach $4,000<\/strong> in the coming months. This prospect is becoming more realistic, with Ethereum’s chances of reaching this level recently increasing from 16%<\/strong> to 43%<\/strong>.<\/p>\n\n\n Currently trading at $0.00001557<\/strong>, Shiba Inu could reach its all-time high in November 2024 at $0.0000333<\/strong> if Ethereum achieves its $4,000 target. Given that SHIB often follows Ethereum’s movements, such progress in ETH could result in a significant price surge<\/strong> for the memecoin.<\/p>\n\n\n\n Several technical factors support an optimistic scenario<\/strong> for Shiba Inu. SHIB has notably formed an inverted head and shoulders pattern, generally seen as a signal of a strong uptrend<\/strong> ahead. Additionally, the cryptocurrency<\/a> is currently in the third phase of the Elliott wave, a configuration also conducive to a significant bullish<\/strong> movement<\/strong>.<\/p>\n\n\n\n
Close Correlation with Ethereum<\/h2>\n\n\n\n