‘God Candle Loading’: Top Analyst Says Retail Investors Primed To Trigger Rally in One Dogecoin Competitor
A widely followed cryptocurrency analyst and trader is leaning bullish on the second-largest memecoin by market capitalization. The analyst pseudonymously known as Bluntz tells his 302,600 followers on the social media platform X that a “god candle”, a massive candlestick denoting a rapid and sustained upward price action, is loading for Shiba Inu (SHIB) as the Dogecoin (DOGE) rival attempts to break above a resistance level that has been in place since March. “shib god candle loading” Source: Bluntz/X The widely followed analyst further says, “I’m convinced retail [investing crowd] is going to pump SHIB when the meme bid comes back because it’s a dinosaur coin that they still have in their wallets from last cycle.” SHIB is trading at $0.0000316 at time of writing. Against its Bitcoin (BTC) pair, Bluntz says that Shiba Inu is in a “bargain basement pricing” zone. Source: Bluntz/X The analyst is also leaning bullish on Doge...