SHIB Gains 6% as Analysts Eye Breakout to $0.00008836

SHIB is currently consolidating after an early-year rally, with analysts focusing on its ability to break out to new all-time highs. The price has held above key support near $0.000015, a level seen as crucial for maintaining bullish momentum. Analysts suggest that sustained on-chain activity and a faster burn rate could drive a breakout before year-end [1]. Whale accumulation has also intensified, with large holders increasing their SHIB holdings, a pattern often seen before major price surges. This accumulation has been linked to past cycles where SHIB broke out to new peaks [1].

Looking ahead, SHIB’s 2025 prospects depend on its ability to maintain current support and breach key resistance levels. Analysts from various platforms, including Coindoo and TheCryptobasic, have outlined potential price targets ranging from $0.00004529 to $0.00008836. According to Jake Gagain, SHIB’s market cap could triple to $28 billion, translating to a price of approximately $0.00004837, a 250% increase from current levels [2]. Crypto Nuclear, another analyst, has proposed even more aggressive forecasts, including a potential 514% to 589% price increase, with long-term targets at $0.00007870 and $0.00008836. These projections, however, assume SHIB remains above a critical support range of $0.00001090 to $0.00001190 [2].

Recent technical indicators have also suggested a possible breakout. SHIB has posted a 6% intraday gain, with a symmetrical triangle pattern forming on the charts, signaling potential volatility and momentum [3]. Meanwhile, the Fear and Greed Index has entered both Greed and Extreme Greed levels, indicating a shift in market sentiment and increased investor interest [4]. If these indicators hold, they may reinforce the possibility of a sustained upward trend.

Despite the optimism, analysts caution that the altcoin market remains competitive, with projects like Remittix (RTX) gaining traction. RTX, for example, has surged over 500% from $0.015 to $0.0922 and is supported by a $250,000 giveaway and a Q3 wallet beta launch [1]. While SHIB remains a key name to watch, the broader crypto landscape is evolving rapidly.

The SHIB price prediction for 2025 reflects a mix of technical strength, whale confidence, and a strong community. However, market dynamics are subject to change, and these forecasts should be interpreted with caution. Investors are advised to conduct independent research before making any decisions.

Source:

[1] Shiba Inu (SHIB) Price Prediction 2025: Timeline to New All-Time Highs and Key Breakout Levels Revealed (https://coindoo.com/shiba-inu-shib-price-prediction-2025-timeline-to-new-all-time-highs-and-key-breakout-levels-revealed/)

[2] Expert Predicts $28B Market Cap for Shiba Inu in Current Cycle (https://thecryptobasic.com/2025/08/11/expert-predicts-28b-market-cap-for-shiba-inu-in-current-cycle/)

[3] The Shiba Inu price today shows 6% intraday gain (https://www.facebook.com/photo.php?fbid=74138****441756&set=a.130****63246274&type=3)

[4] Shiba Inu Fear and Greed Index | Multiple Timeframes (https://cfgi.io/shibainu-fear-greed-index/)