The crypto-strategist who correctly predicted the Bitcoin price (BTCShiba Inu, the best meme symbol (SHIBThe pattern may be a repeat of the one seen in 2021, when bull markets were at their peak.
Rekt, a pseudonymous social media analyst tells 436.200 of his followers via the platform X on social media that SHIB has been retesting their weekly support at $0.0000279.
Crypto strategists claim that SHIB was retested in the same market area during the past cycle and then rallied to its record high price of $0.0000861.
The blue resistance was reached by SHIB but he rejected it.
SHIB was also unable to overcome blue resistance at the beginning of 2021.
The blue level of resistance was rejected in the late 2021, forcing SHIB back to test the orange circle as a new support before it confirmed further upwards.
SHIB has just begun a new test of its orange level.
Can history repeat itself?
SHIB’s value at time of publication is $0.000028.
The trader then says that the platform for smart contracts Solana is next.SOLThe resistance to $175 has been turned into support.
“The Solana retest is still in progress and still successful.”
![Image](https://fxruhanahmed.com/2/wp-content/uploads/2024/03/Trader-Says-Shiba-Inu-May-Be-Repeating-2021-Bull-Market.png)
SOL’s current value is $185.24.
Dogecoin is a rival to SHIB.DOGERekt believes the altcoin could be printing a bullish pattern in the next few weeks after it has broken through the multi-month resistance diagonal.
Since the confirmation of the new macro-uptrend, Dogecoin has rebounded +38%.
If Dogecoin holds these highs for a long time, then it could very well become a bull-flag.”
![Image](https://fxruhanahmed.com/2/wp-content/uploads/2024/03/1711413122_35_Trader-Says-Shiba-Inu-May-Be-Repeating-2021-Bull-Market.jpeg)
DOGE has a current trading price of $0.173.
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Source: dailyhodl.com