- A outbreak from Shib could lead to a massive 415% rally, with analysts going out of a price of $ 0.000081 in the near future.
- Increased purchases from whales and a cup and handle formation could set an even higher goal, with persistent dynamics even over 1,200 percent.
Based on the discussion about the Shiba Inu Bulls Defend Critical Level at CNF, a 450%Shib rally could be imminent. Shiba Inu (Shib), the well-known meme-based cryptocurrency, has received considerable attention due to the interest bully forecasts of market analysts.
Shib is currently being traded at around $ 0.00001453. The course course of Shib indicates a potential outbreak, with experts predicting significant profits in the near future
Technical indicators signal positive momentum
Market analyst Javon Marks emphasizes that the outbreak of Shib from a descending sewer pattern indicates a reinforcing upward trend. In a current tweet, the Shib investor “Shib Bezos” speculated about a possible 12-time increase in the ShiB course.
Why Not a 12X for $ Shib?
We’re sitting in a strong buy zone, and a big move is coming soon!#SHIBARMY Are you ready?
#Shib $ Shib #Shiba $Shiba pic.twitter.com/tfehTJsPAZ
– Shib Bezos (@bezoscrypto) March 26, 2025
Marks assumes that the value of Shib could double after this outbreak and sets an initial goal of $ 0.000081 – an increase of 415 % compared to the current level, provided that SHIB complies with the most important outbreak thresholds.
Cup and Henkel formation indicates further upward trend
To support the interest bullies, the cryptoelites team identifies a cup and handle pattern in the Shib course diagram, which is often associated with interest-bullic sequels.
According to her analysis, this pattern has formed since Shib’s high in October 2021, whereby the cup was completed in March 2024 and the handle is still in progress. A successful outbreak from this structure could catapult Shib towards $ 0.0001833, which would mean an increase of 1,200 % compared to the current level.
However, analysts point out that Shib must first overcome the resistance at $ 0.00003117 and $ 0.00008757 before these ambitious goals can be achieved.
Market activity and whale purchases strengthen trust
The recent market movements continue to support the upward dynamics of Shib. The cryptocurrency has increased by 15 % in the last 24 hours, accompanied by a significant increase in market capitalization.
On-chain data show that Shib tokens worth over $ 2.57 billion are now a profit, which indicates that many investors have acquired Shib at lower prices and are currently seeing profits.
In addition, the new interest in the meme coin sector, including Dogecoin, has fueled Shib’s rally, whereby the recent performance exceeds the modest increase in Bitcoin by 1 % in the same period.
Since Shiba Inu continues to have positive technical patterns and gains the attention of investors, the potential for a significant price increase remains great. As CNF reported, the analysts also point to the upcoming defi upgrades of Shiba Inu, which could further support long-term growth.
When writing this article, Shib is traded at $ 0.00001437, which corresponds to a decline of 3.28 % in the past few days and 12.12 % last week.
No Comments