I'd say $4-5 by the end of year prior to a pump upon release of the new website on the Phantom dApp testnet, and then the pump will take it much higher. This should happen before the end of the year: the uptrend of this accumulation already has been crossing $3 and it's not even the end of the first week of December. Plus this uptrend is even holding steady while bitcoin is pumping. The last accumulation phase increased price to a higher baseline and then made it 3x. If that happens again this time, when the uptrend is even stronger, then a 3x from $4-5 (accumulation uptrend's new baseline) to $12-15 could happen within the next four weeks.

The new website is not resulting in price movement primarily because it's a new website; it's because the new website is being hosted using their decentralized web hosting and storage dApp called Phantom, which will make it the first working prototype in this niche ever successfully released.

pr3m0nition, did you actually look at the chart? 

Exactly. Investing in coins that already have $200m+ market cap is part of healthy diversification, but the absolute smartest money will pick a solid coin with less than $100m market cap that is eventually going to see real use adoption. I personally believe that the larger coins are actually riskier than small coins with dedicated HODLers, in the sense that a larger ratio of the huge coin's market cap is comprised of fickle speculator money which can crash the coin's value when a lot of the speculator money leaves to jump onto the next big bandwagon. This is part of why a stable uptrend for a small coin attracts the smart whales early - they know that they are very unlikely to lose money investing in the small coin when it has proven ongoing development and holds a solid support line more strongly than the average volatility of the market.

EDIT: I just noticed this: the Shift chart over the last year, especially the last 3 months which is the right time range for double-bottom pattern, looks insanely bullish going off the pattern. Double-bottom PLUS cup-and-handle combination:

Great point. Actually I have heard that around 1/3rd of the tokens are held in wallets of the community such as delegates / node operators / forgers etc. so the supply is actually even more limited than it seems on the surface. Many of the hardcore community are true believers in this coin and will hold to the ends of the earth IMO. So far the uptrend is even holding rock solid over the 20k sat line (at 20.5k seems like the current bottom) despite btc rising now.

After bottoming  around 19.6k sat seems to have been the bottom for the past few days until now the upward trend seems to be raising the floor to 20k sat:



Also pay attention to the velocity of the overall uptrend:



It is definitely accelerating.

Based on this comparison of where the tag is relative to these past time spans, I think that it won't stay 19-21k until the release. The uptrend is accelerating fast enough that IMO it could reach close to $3+ before end of December and the release could then take it to $10+ (~3x of price before release) if the accumulation trend remains this strong:

Thanks for the analysis. Personally I still believe it can go $6-10 within the next five weeks because the uptrend is still stable and seems to be resuming more strongly the last two days. Another factor to consider is that when the product (decentralized web hosting) is released as a working proof on testnet, it will make it easier for Shift to add more exchange listings since exchanges factor development progress into the criteria for adding tokens. Independently of other factors, a large exchange add could increase the market cap an additional $10m maybe (I'm not too sure, perhaps you have a clearer idea?) since the main factor that will drive growth will be awareness, for a platform which already has strong development progress with a low market cap. If Shift is added to 3-4 new large exchanges over the course of Q1 then that would compound the impact of the development progress. I think that the strong possibility of more large exchange listings (now it's just Bittrex + Upbit and Livecoin) will therefore make $10 also fairly likely within 1-2 months from now.

Shift just published the November newsletter! This was their announcement in Ryver, details are very bullish:

Shift just published the November newsletter! Details are very bullish:

I think it would make no sense for these accumulation signs to be building to a rally ceiling that low. If the pattern does not even escalate, but merely repeats/maintains over the forthcoming month, then I expect it would yield a $6 target by end of year. But IMO this is an easy 2.5x - 3x from current price, possibly up to 5x from current price whenever the rally is catalyzed and fueled by the new website's release on the Phantom prototype before January.

I just took this snapshot of the 1 min. chart about three minutes ago:



In addition to the stable uptrend that has brought us back to a current average of ~$2.30, there appear to be blips of massive accumulation happening on the 1 min. charts. Based on looking at this post-pump rise today I think I was wrong about $80m by the end of December, that seems too conservative. It's hard to predict how high it could go from here but $10 is very possible if this uptrend and accumulation continues. When the accumulation spike happens the cap then recovers to what it was previously, even for spikes happening in a less than one minute time frame. This suggests that whales are shaking out weak hands (as the spikes are too fast to become pumps that incite fomo and corresponding quick wave rider cashouts), so these are shaking out preexisting sell orders. As the accumulation continues and these sell orders get shaken out, the friction against higher highs is reduced. With the Vertcoin pump which displayed the same initial pattern, the existing market cap was already several multiples higher than Shift's current market cap and so IMO the multiple for the incoming Shift increase can go higher than it did for Vertcoin. Based on the recent chart activity I'm leaning toward $10 happening much sooner than I initially thought.

Shift also can be used by Javascript developers - that is a feature of both Shift and Lisk.

Shift's approach has been to develop a killer app that is first to market within its niche. Offering a dApp that adds value to the economy may expand adoption of the entire ecosystem since the barrier to entry is very low due to Shift using Javascript as the development language. This is typically a very smart and practical business development strategy. Most successful businesses start by first achieving adoption in a narrow market and then spread outward. E.g. Facebook started with targeting ivy league college students as a subniche within the college population. Tinder started out by targeting sororities and fraternities. But even if Shift does not see a lot of adoption as a larger dApp ecosystem, i.e. if the only dApp ever to be developed was Phantom for decentralized hosting, then Shift is still extremely valuable. Projects with overlapping use cases with Phantom have market caps in the hundreds of millions despite not offering the growth potential of supporting an entire dApp ecosystem and not being as far along in development toward a finished product.

Shift's trend line from 2015 to present reflects much different conditions than it's currently following, both internally and externally. The present price is already fluctuating but recharging  above $2 despite the btc pump to ~9.5k USD today. This growth occurred organically with only focus on development and no marketing. Anyone with an ecommerce background can tell you that growth hacking marketing activity in even a small portion increases adoption by exponential degrees compared to zero marketing whatsoever. So with the start of marketing drives the market cap would probably increase by at least double even if there weren't huge project milestones approaching. If you combine both of those factors their mutual reinforcement should easily launch Shift a lot higher than the current $2. I'm still fairly confident of $80m+ market cap by end of next month and wouldn't be too surprised if it goes a lot higher. The impact of marketing is going to be huge because it will be combined with the effect of the Phantom release.

It seems like it's already back in an uptrend. Hard bounce from 25k sat makes it look like pretty strong support at 26k sat. Already back up to 27k sat / $2.40. An uptrend so quickly after the post-pump dip shows a lot of strength and if it continues into next week as fiat hits exchanges again after the U.S. Thanksgiving holidays, I think my original prediction earlier in the thread of 5x - 10x within 4-12 weeks is looking more likely. Agree it will be interesting to see what happens after the Koreans wake up again to find the  uptrend holding. The next 12 hours could be very significant IMO.

Shift's marketing team increased its volunteers by over 30% within the last month alone. They're working on the content for the new website (massive overhaul) as well as the newsletters. Although the devs are spending all their time on coding the marketing team is increasing regular communication as well, but that should scale a lot more within five weeks when all the new content is finished.

I'm no TA expert by any means but looking over the 30 day span right before Vertcoin's breakout, compared to the last 30 days of the Shift chart it looks pretty similar to me:

When I asked the devs this question, they said that hashes can be blacklisted. I believe this can be done by community consensus. So my understanding is that files and websites hosted on Shift are "uncensorable" in the respect that a malicious actor or government, etc. cannot target any centralized server or source as a potential failure point to remove or block content.

To clarify, the reason the new website is expected to create a price movement is that it is actually going to be hosted live with Shift's decentralized web hosting dApp. So the new website will be the direct, live proof that the Phantom dApp is in working prototype stage.

Shift's website is shiftnrg.org. I think when the new website launches before the end of the year, the URL will still be the same.