Shiba Inu Leaps Over Ichimoku Cloud: Can SHIB Price Rally to $0.00003?
- Why Is Shiba Inu’s Breakout Above the Ichimoku Cloud Significant?
- What’s Driving SHIB’s Network Activity Surge?
- Can SHIB Realistically Hit $0.00003?
- FAQ: Your Shiba Inu Questions Answered
Why Is Shiba Inu’s Breakout Above the Ichimoku Cloud Significant?
The Ichimoku Cloud isn’t just another squiggly line on a trader’s chart—it’s a powerhouse of trend analysis. When SHIB punched through this indicator on the daily timeframe, it wasn’t just a minor victory; it was a full-blown bull signal. As of July 14, 2025, SHIB trades at $0.00001351, comfortably above the cloud, which recently flipped from red (bearish) to green (bullish). Historically, assets trading above the cloud tend to maintain upward momentum, and SHIB’s 2.05% 24-hour gain aligns perfectly with this thesis.
Key levels to watch? Support at $0.00001254 and resistance at $0.00001375. A clean break above resistance could open the floodgates to $0.000015–$0.000020 in the short term. The BTCC research team notes that the Coppock Curve—a momentum indicator—sitting at 21.14884298 (well above zero) further confirms the bullish bias. This combo suggests SHIB might’ve bottomed out and entered a long-term uptrend.
What’s Driving SHIB’s Network Activity Surge?
Blockchain don’t lie—and Shiba Inu’s on-chain metrics are screaming optimism. IntoTheBlock data reveals a 21.43% spike in daily active addresses over the past 24 hours, with 5,333 new wallets created. Why does this matter? Active addresses are like the pulse of a network; more wallets mean fresh capital and users jumping in. Historically, SHIB’s price rallies correlate tightly with these spikes.
The meme coin’s ecosystem is also flexing its deflationary muscles. Another 9.55 million SHIB were recently burned (sent to dead wallets), shrinking supply. Fewer coins in circulation + growing demand = basic econ 101 for price appreciation. While the trading volume uptick (3.4% daily) isn’t earth-shattering yet, it’s a start.
Can SHIB Realistically Hit $0.00003?
Let’s crunch the numbers. SHIB’s 14% weekly gain is impressive, but $0.00003 WOULD require a 122% leap from current levels. Possible? Absolutely—but not without hurdles. The Ichimoku Cloud and Coppock Curve hint at near-term targets of $0.000015–$0.000020 first. For a moonshot to $0.00003, we’d need:
- Sustained trading volume (current levels are lukewarm)
- Continued address growth (the current trend helps)
- Macro sentiment to stay risk-on (always a wild card)
One wildcard: Bitcoin’s dominance. If BTC stalls, meme coins like SHIB could face headwinds. But if the “Uptober” crypto season kicks in early, all bets are off.
FAQ: Your Shiba Inu Questions Answered
What does trading above the Ichimoku Cloud mean for SHIB?
It signals a bullish trend reversal. Prices above the cloud suggest buyers are in control, with historical precedent for continued upside.
How reliable is the Coppock Curve for SHIB?
It’s a lagging indicator but highly accurate for long-term trends. The current reading implies SHIB’s bear market may be over.
Why are SHIB burns important?
Burns reduce circulating supply, creating scarcity. With demand constant or rising, this pressures prices upward.
