Shiba Inu Breaks Above Ichimoku Cloud: Is SHIB Headed for $0.00003?
- Shiba Inu’s Bullish Technical Setup: Ichimoku Cloud Breakout
- On-Chain Activity Heats Up: 21% Spike in Daily Addresses
- Can SHIB Really Hit $0.00003? Here’s What Needs to Happen
- FAQ: Your Shiba Inu Price Questions Answered
Shiba Inu (SHIB) is showing strong bullish signals as it surges above the Ichimoku Cloud, a key technical indicator. With daily active addresses spiking 21.43% and deflationary burns reducing supply, analysts are eyeing a potential rally toward $0.00003. This article dives into the technicals, on-chain data, and market sentiment driving SHIB’s momentum.
Shiba Inu’s Bullish Technical Setup: Ichimoku Cloud Breakout
As of July 14, 2025, SHIB is trading at $0.00001351, decisively above the daily Ichimoku Cloud – a green light for bulls. The Ichimoku system, which includes five lines and a "cloud," is a powerhouse for identifying trends. When prices break above the cloud (currently transitioning from red to green), it signals a potential trend reversal. For SHIB, this aligns with its 2.05% 24-hour gain and suggests the memecoin is shifting into higher gear.
The Coppock Curve, sitting at a robust 21.14884298 (well above zero), adds fuel to the fire. This momentum indicator, favored by long-term investors, implies SHIB may have bottomed and entered a sustained uptrend. "We’re seeing textbook accumulation signals," notes a BTCC analyst. "Traders are watching the $0.00001375 resistance – a clean break could open the path to $0.000015-$0.000020 near-term."
On-Chain Activity Heats Up: 21% Spike in Daily Addresses
IntoTheBlock data reveals a 21.43% surge in SHIB’s daily active addresses, with 5,333 new wallets created in 24 hours. This metric – often a leading indicator for price action – suggests fresh capital entering the ecosystem. Historically, SHIB’s price rallies correlate strongly with wallet growth, making this a critical development.
The memecoin has already gained 14% this week despite modest 3.4% volume growth. While not explosive, this "slow burn" accumulation phase often precedes larger moves. With 9.55 million SHIB recently burned (per CoinGlass), the deflationary mechanics could amplify any upside.
Can SHIB Really Hit $0.00003? Here’s What Needs to Happen
For SHIB to reach $0.00003 (a 122% leap from current levels), three factors must align:
- Sustained cloud support: SHIB must hold above $0.00001375, converting it to support.
- Volume confirmation: Trading volume needs to exceed July’s average by 50-70%.
- Macro tailwinds: Bitcoin stability above $60K would reduce crypto-wide headwinds.
While the Ichimoku and Coppock indicators favor bulls, traders should note SHIB’s notorious volatility. "This isn’t a ‘set and forget’ play," cautions our BTCC team. "Use tight stops below $0.00001250."
FAQ: Your Shiba Inu Price Questions Answered
What does SHIB trading above the Ichimoku Cloud mean?
It signals a bullish trend reversal, suggesting buyers are in control. Historically, SHIB has averaged 18% gains within two weeks of such breakouts.
How reliable is the Coppock Curve for SHIB?
While effective for spotting long-term bottoms, it works best when combined with volume analysis. The current 21.14 reading is SHIB’s highest since March 2024.
Why are wallet creations important?
New addresses often precede price moves – 80% of SHIB’s major rallies since 2023 began with wallet growth exceeding 15%.
