SHIB Eyes 100% Surge as Bullish Reversal Pattern Forms

SHIB price prediction has become a key talking point in the crypto market, particularly as recent technical analysis points to a potential +100% price surge in the near future. Analysts are observing the formation of a bullish reversal pattern, which could signal a shift in market sentiment and renewed buying interest. Despite a recent pullback, the Shiba Inu coin remains a top performer in the sub-$1 cryptocurrency category, supported by a strong and engaged community of whale investors and retail traders. Ongoing token burn efforts, aimed at reducing the circulating supply, have also contributed to a more optimistic outlook for SHIB's long-term value [1].

The price action in August 2025 has shown signs of consolidation, with key support levels identified in recent candlestick charts suggesting a potential rebound. Investors are particularly watching for the formation of an inverted hammer pattern, which is often seen as a precursor to a bullish breakout. If confirmed, this pattern could drive SHIB back into upward momentum and rekindle broader market interest in the meme coin sector [2].

Meanwhile, the broader crypto market is showing signs of shifting towards more utility-driven projects. Many investors are diversifying their portfolios by allocating capital to tokens with real-world use cases, particularly those addressing cross-border payment challenges. One such project, Remittix (RTX), is gaining traction ahead of its non-custodial wallet beta launch on September 15, 2025. The wallet supports over 40 cryptocurrencies and 30 fiat currencies, offering real-time FX conversion and multi-chain compatibility. These features are expected to enhance crypto adoption and provide tangible value for users [1].

RTX’s price has already risen to $0.0895 following a successful fundraise of over $17.7 million, with a soft cap of $18 million nearly reached. The project is also offering an early buyer bonus of 50% tokens, along with a $250,000 giveaway to further incentivize early participation. These initiatives are attracting both retail and institutional attention, with some investors viewing RTX as a more reliable alternative to speculative meme coins in the current volatile market [1].

While SHIB continues to draw attention due to its speculative potential and community-driven hype, the market is increasingly favoring projects with concrete utility. The crypto space is evolving, with more emphasis placed on real-world adoption and long-term sustainability. This shift is evident as traders seek out assets that offer more than just short-term price volatility [3].

As candlestick analysis and price predictions remain central to investor sentiment, the future of SHIB remains uncertain amid unpredictable macroeconomic conditions and broader market dynamics. Investors are encouraged to conduct thorough research and exercise caution, particularly as the line between speculation and utility continues to blur in the crypto landscape.

Source: [1] SHIB price prediction: analyst expects +100% candles soon (https://invezz.com/news/2025/08/01/shib-price-prediction-analyst-expects-100-candles-soon/)

[2] Shiba Inu Eyes Monthly Gain Despite 8% Price Loss (https://www.coindesk.com/markets/2025/07/30/shiba-inu-eyes-monthly-gain-despite-8-price-loss)

[3] Page 5 | SHIB / TETHER Standard Futures Trade Ideas (https://www.tradingview.com/symbols/SHIBUSDT.PS/ideas//page-5/)