Bullish Divergence Ignites Hope for Shiba Inu's 570% Surge
Shiba Inu (SHIB), the second-largest meme coin by market capitalization, has drawn attention from analysts and investors as it exhibits potential signs of a significant price reversal. Technical indicators suggest a bullish divergence on the MACD histogram, a pattern historically associated with shifts in market momentum. This development has led to speculation that SHIBSHIB-- could experience a 163% surge, potentially pushing its price to approximately $0.00003. Such a move would represent a meaningful recovery from the prolonged consolidation and price weakness observed in recent months.
Analyst Javon Marks, cited in multiple reports, has highlighted the emergence of this bullish divergence as an early signal of renewed buyer interest in SHIB. According to Marks, the pattern indicates that buyers are beginning to reassert control over the token’s price structure, potentially signaling the start of a longer-term upward trend. The analyst further noted that if the momentum continues and SHIB sustains its current rally, the price could extend to a 570% increase, reaching as high as $0.000081. This trajectory would position SHIB among the most aggressive performers in the crypto market, particularly in the meme token segment.
Supporting the case for SHIB’s potential rebound is a surge in SHIB’s burn rate, which increased by an extraordinary 157,726% last week. Token burns reduce the total supply of SHIB, which can have a deflationary impact on the token’s value. This, combined with increasing trading volume in SHIB futures contracts—up 56% to over $200 million—suggests growing optimism among derivatives traders about a potential bullish trend. Analyst Jonathan Carter also noted that SHIB has broken out of a descending channel on the daily chart, a technical signal that often precedes upward price action.
From a technical perspective, SHIB currently faces a key resistance level near $0.000017. A successful close above this level could pave the way for further gains toward $0.0000204 and potentially $0.0000263. On the downside, the immediate support is near $0.0000080, and a breakdown below this level could expose the token to renewed bearish pressure. If SHIB fails to hold above this threshold, further declines toward $0.0000065 and $0.00000534 could intensify selling pressure.
In parallel, SHIB’s marketing lead, Lucie, has outlined strategic plans for expanding the Shiba InuSHIB-- ecosystem, particularly in Asia. The initiative targets key markets such as Japan and Korea, aiming to enhance the project’s global footprint. Despite the team’s focus on ecosystem development over immediate price gains, the recent technical developments and market dynamics suggest that SHIB’s price trajectory could become a focal point for investors in the coming months. The interplay between token utility and price action remains a key factor in determining the token’s long-term viability.
Source:
[1] ShibaSHIB-- Inu Flashes Rare Bullish Reversal — Is A 570% ... (https://www.mitrade.com/insights/news/live-news/article-3-1090107-20250903)
[2] Shiba Inu Price Eyes 163% Upside in Major Bullish Reversal (https://finance.yahoo.com/news/shiba-inu-price-eyes-163-091311757.html)
[3] Shiba Inu Shows Bullish Divergence Indicating Potential ... (https://holder.io/news/shiba-inu-bullish-divergence-potential-surge/)
Quickly understand the history and background of various well-known coins
Latest Articles
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.



Comments
No comments yet