Shiba Inu (SHIB) Targets 180% Rally Amid Bullish Signals

Generated by AI AgentCoin World
Tuesday, Jul 8, 2025 10:57 am ET2min read

Shiba Inu (SHIB) has been a focal point for traders and analysts alike, with predictions and technical indicators suggesting a potential price rally. As of July 8, 2025, the cryptocurrency is trading near $0.00001179, with analysts forecasting a significant upward movement. The bullish sentiment is driven by a combination of technical signals and community enthusiasm.

One of the key technical indicators pointing to a bullish reversal is the Moving Average Convergence Divergence (MACD) on the 2-day timeframe. A crypto analyst highlighted a bullish divergence between SHIB’s price and the MACD indicator, suggesting a potential 180% rally toward $0.000032. This divergence, coupled with the convergence of the MACD and signal lines, indicates a possible bullish crossover, reinforcing the reversal thesis. The analyst further noted that the shortening histogram bars and fading selling pressure support the case for renewed upward momentum.

The community's excitement is also fueled by long-term predictions from prominent influencers. A well-known crypto influencer has reiterated a bold prediction of $0.01 for SHIB, representing an astronomical 848,000% increase from current levels. However, this prediction has drawn both excitement and skepticism. Critics point to Shiba Inu’s massive circulating supply as a significant barrier to achieving such a valuation. Without aggressive token burns, the chances of reaching $0.01 in the short term remain slim.

Despite the skepticism, long-time community supporters remain optimistic. A supporter has highlighted Shiba Inu’s potential during key development phases, pointing to “hidden initiatives” by lead developer that could boost demand and utility in the long run. The vision of a one-cent SHIB has even gained its own rallying hashtag, embodying the hope of many investors in the meme coin sector.

Shiba Inu’s recent momentum mirrors a broader wave of renewed interest in meme coins, including Pepe Coin. These tokens, driven by community hype and viral trends, have played a pivotal role in crypto’s retail resurgence. Investors are closely monitoring these meme coins to see if either token can convert community momentum into sustainable gains. The overlap between Pepe meme coin enthusiasts and SHIB holders highlights how intertwined these communities are, with both chasing the next parabolic move.

As of July 7, 2025,

is hovering just under $0.000012, but growing technical and social indicators suggest a potential shift in direction. With targets ranging from $0.000032 in the near term to $0.01 in the long run, the debate over SHIB’s future is as lively as ever. The likelihood of these scenarios materializing will depend not only on technical breakouts but also on broader market conditions, token burn effectiveness, and community engagement. Whether SHIB leads the next meme coin rally or simply rides the wave alongside Pepe Coin, one thing is clear—the meme market is heating up again.

Bears do not seem ready yet to seize the initiative. On the hourly chart, the rate of SHIB is declining after a false breakout of the local resistance of $0.00001188. If sellers' pressure continues, traders may witness a test of the $0.0000116-$0.00001170 range by tomorrow. On the longer time frame, the picture is neutral as the price is within yesterday's bar, which means there are low chances of seeing sharp moves soon. In this regard, sideways trading in the area of $0.00001150-$0.000012 is the most likely scenario. From the midterm point of view, the situation is similar. The volume keeps falling, confirming the absence of buyers' and sellers' energy. All in all, traders are unlikely to see increased volatility over the next few weeks. SHIB is trading at $0.00001180 at press time.