Bone ShibaSwap ($BONE) May Be Building Momentum for a Significant Price Increase

This particular analysis comes from a crypto trader known as SHIB KNIGHT, who communicates findings on the social media platform X (formerly Twitter)

A classic chart pattern for Bone ShibaSwap is catching the eye of one crypto trader, hinting that the token may be building momentum for a significant price increase—potentially more than doubling its recent gains.

Bone ShibaSwap ($BONE), a component of the wider Shiba Inu cryptocurrency ecosystem, is currently the subject of technical analysis suggesting that the token price may be setting up for some notable upside. After a period of declining value, common across many digital assets, specific formations on its price chart were interpreted by a crypto trader as potential harbinggers of a bullish reversal. Bone ShibaSwap primarily serves as the token for transaction fees on Shibarium, Shiba Inu’s layer-2 network.

This particular analysis comes from a crypto trader known as SHIB KNIGHT, who communicates findings on the social media platform X (formerly Twitter) under the handle @armyshiba. In a recent post displaying a chart of BONE, the analyst stated concisely, “BONE – double bottom pattern playing out nicely. Potential target is $0.74.” This observation was paired with a clear price objective: “Potential target is $0.74.”

A classic chart pattern for Bone ShibaSwap is catching the eye of one crypto trader, hinting that the token may be building momentum for a significant price increase—potentially more than doubling its recent gains.

Bone ShibaSwap ($BONE), a component of the wider Shiba Inu cryptocurrency ecosystem, is currently the subject of technical analysis suggesting that the token price may be setting up for some notable upside. After a period of declining value, common across many digital assets, specific formations on its price chart were interpreted by a crypto trader as potential harbinggers of a bullish reversal. Bone ShibaSwap primarily serves as the token for transaction fees on Shibarium, Shiba Inu’s layer-2 network.

This particular analysis comes from a crypto trader known as SHIB KNIGHT, who communicates findings on the social media platform X (formerly Twitter) under the handle @armyshiba. In a recent post displaying a chart of BONE, the analyst stated concisely, “BONE – double bottom pattern playing out nicely. Potential target is $0.74.” This observation was paired with a clear price objective: “Potential target is $0.74.”