Shiba Inu (SHIB) Nears Potential 528% Price Breakout After Years of Stagnation

Shiba Inu (SHIB) appears to be at a pivotal moment after more than a year of sideways movement. Analyst Hamidemo has suggested that the token is nearing the “final stages of compression” on the weekly chart, signaling a potential breakout that could significantly lift SHIB’s price [1]. Currently trading around $0.00001246, SHIB has lagged behind Bitcoin, which has surged over 90% in the same period, highlighting the token’s underperformance [2].

The key issue for SHIB has been a descending resistance line that has capped its upside since 2021. This line has now converged with a strong support base, creating a high-probability scenario for a breakout. Hamidemo emphasizes that “Tik tak… time is running out,” indicating growing urgency in the market for a decisive price move [1].

If the breakout occurs, SHIB could see a projected price increase of over 528%, reaching $0.00007837. However, it must first clear significant resistance levels, including $0.00002381, $0.00003300, and $0.00004601—areas where the token has previously stalled [1]. Further beyond, the $0.00006589 level, last touched in 2021, represents another major test for buyers.

The potential for SHIB to climb to $0.00007837 is seen as the first step in a longer climb. Hamidemo also envisions a further 46% increase to $0.0001151, a level that would allow the token to “cancel” one of its four leading zeros, a milestone that SHIB holders have been waiting years to achieve [1]. This view is supported by other analysts such as Javon Marks, who anticipates a rally toward $0.00015, and by Shah Faisal Shah and Sheriff, who believe the prolonged accumulation phase is setting up SHIB for a more powerful breakout [1].

Despite these forecasts, the timing of a breakout remains uncertain. Analysts agree that the longer SHIB trades within its current triangle pattern, the more pronounced the eventual move could be. The immediate focus is on whether SHIB can convert its key resistance levels into support, which would open the door to a return to previous highs or even surpass them [1].

On-chain activity has shown signs of increased participation, with over 3.4 trillion SHIB tokens moved in a single 24-hour period. This suggests growing retail and institutional interest, though it has not yet translated into a price breakout. Technical indicators remain neutral, with the RSI and moving averages showing indecision, reinforcing the need for a catalyst to break the current equilibrium [3].

The broader meme coin market is also showing renewed interest in 2025, with SHIB maintaining a $7 billion market cap and a diversified ecosystem that includes ShibaSwap and Shibarium. However, competition is intensifying, as new projects like Ruvi AI (RUVI) gain rapid adoption and could challenge SHIB’s position in the rankings [5].

For now, SHIB remains in a critical phase. Traders are advised to closely monitor both volume and price action for confirmation of a potential breakout. If SHIB can break through its key resistance levels and sustain upward momentum, it may finally move beyond the price stagnation that has defined it for years.

Source:

[1] Can Shiba Inu (SHIB) Price Finally Cancel a Zero? Analyst Says Time Is Almost Up (https://captainaltcoin.com/can-shiba-inu-shib-price-finally-cancel-a-zero-analyst-says-time-is-almost-up/)

[2] Shiba Inu (SHIB) Mini-Golden Cross: Useless or Salvation? (https://u.today/shiba-inu-shib-mini-golden-cross-useless-or-salvation)

[3] 3477149925825 Shiba Inu (SHIB) in 24 Hours: Growth Starts (https://u.today/3477149925825-shiba-inu-shib-in-24-hours-growth-starts)

[5] Ruvi AI's (RUVI) Phase 2 Just Hit 90% In Record Time Post ... (https://www.barchart.com/story/news/34266202/ruvi-ais-ruvi-phase-2-just-hit-90-in-record-time-post-cmc-partnership-analysts-predict-it-could-challenge-shiba-inus-shib-spot-on-the-charts)