Shiba Inu (SHIB) Shows 180% Upside Potential With Bullish Divergence

Generated by AI AgentCoin World
Tuesday, Jul 8, 2025 5:34 pm ET1min read

Shiba Inu (SHIB) has recently exhibited signs of a potential trend reversal, as indicated by a bullish divergence in the Moving Average Convergence Divergence (MACD) indicator. This divergence suggests that the price of SHIB is forming a bottoming structure, with support levels holding at approximately $0.00001600. The MACD histogram is printing higher lows, confirming this divergence across multiple timeframes. This technical development points to a rising bullish momentum for SHIB.

Technical analyst Javon Marks has noted that

has formed a clear bullish divergence on the MACD. As the price dropped toward $0.00001600, momentum indicators curved upward, with MACD lines tilting positively and histogram bars flipping from red to green. According to Marks, this formation could drive SHIB nearly 180% higher, potentially reaching $0.000032, which was previously a major resistance zone. The chart shows two distinct swing lows aligning with increasing momentum, creating a textbook divergence structure. Although volume remains controlled, the transition reflects increased accumulation at current levels. The price is attempting to base near $0.00001689 as buyers slowly reclaim territory.

In another confirmation of the bullish trend, SHIB has broken above a descending trendline, strengthening the argument for a near-term rally continuation. This breakout occurred at approximately $0.00001280, followed by steady bullish pressure into the $0.00001288 zone. A separate SHIB chart shows the breakout candle closing above the diagonal resistance, supported by tight bid-ask levels at $0.00001288 and $0.00001289. The breakout zone now acts as a new intraday pivot, with SHIB attempting to reclaim higher levels of growing interest.

The next move for SHIB hinges on volume traction and short-term sentiment rotation. SHIB appears to have exited compression mode, as reflected by the hourly candle behavior around the breakout. Buyers may drive continuation into overhead resistance if liquidity continues flowing into SHIB-based trades. Currently, SHIB is trading at $0.00001288 and is gaining short-term traction across multiple platforms. SHIB has now tested key resistance, formed a valid bullish divergence, and confirmed its short-term breakout pattern. With volume building, SHIB holds structural strength as momentum tilts toward buyers. This breakout may define the next leg for Shiba Inu’s bullish outlook, with analysts eyeing a potential advance to $0.00001500 next.