SHIB Eyes 70% Surge to $0.00001765 as Bulls Fortify Key Support Level
Shiba Inu (SHIB) is showing promising signs of a significant rally, with analysts targeting a 70% surge to $0.00001765. The cryptocurrency has established a strong support level at $0.00001100, and recent momentum has pushed it past $0.00001170. A double-bottom pattern, a classic bullish reversal indicator, suggests the potential for this upward movement. The Relative Strength Index (RSI) at 42.30 also hints at early bullish divergence, further supporting the optimistic outlook. Traders are closely watching the key breakout level of $0.00001194, which could confirm the start of a sustained uptrend. Despite recent market-wide weakness and geopolitical tensions that dragged SHIB to a weekly low of $0.00001160 (a 1.5% decline), the token's resilience at current support levels is encouraging for investors. Bitcoin's performance and broader market sentiment will likely play a role in SHIB's ability to reach its target, but the technical setup appears favorable for bulls as of June 2025.
Shiba Inu Rally Ahead? SHIB Targets $0.00001765 as Bulls Defend Support
Shiba Inu has established a robust support level at $0.00001100, with recent momentum pushing it past $0.00001170. A double-bottom pattern suggests a potential 70% surge to $0.00001765, while the RSI at 42.30 hints at early bullish divergence. The key breakout level to watch is $0.00001194.
Market-wide weakness and geopolitical tensions recently dragged SHIB to a weekly low of $0.00001160, a 1.5% decline. Bitcoin's volatility exacerbated the drop, but analysts see a potential reversal. A TradingView expert highlights a double-bottom pattern forming near $0.00001030, with a neckline breakout at $0.00001765 that could trigger significant upside.
After weeks of bearish pressure, shiba inu shows signs of recovery. The meme coin's ability to hold above $0.00001100 and breach $0.00001170 signals renewed buyer interest. A close above $0.00001200 could mark the end of its downtrend.
Shiba Inu Whale Inflows Surge 6,306% Amid Breakout Speculation
Shiba Inu (SHIB) is capturing market attention with a staggering 6,306% spike in whale inflows, signaling potential institutional interest. The surge follows the Shibarium upgrade, which introduced multi-gas token support and enhanced smart contract capabilities. Centralized exchanges like Gate.io drove $147 million in SHIB futures volume, marking the highest capital movement since the network improvement.
Token burns accelerated dramatically, with 1.19 billion SHIB removed from circulation in one week—a 1,499% weekly increase. The 24-hour burn rate alone jumped 958%, tightening supply dynamics. While bullish sentiment grows, on-chain data reveals divergences between whale accumulation and retail participation.
Shiba Inu Exec Warns: Scammers Are Targeting Crypto Users on X!
As volatility rocks the crypto markets, Shiba Inu's marketing lead Lucie has issued an urgent warning about proliferating scams on social media platform X. The alert comes amid a surge in fraudulent tokens capitalizing on turbulent price action.
"Malicious actors are exploiting market conditions to push worthless tokens," Lucie stated in a June 20 post. Her message emphasizes heightened due diligence, urging investors to verify websites and avoid impulsive decisions during periods of extreme price swings.
The warning carries particular weight for SHIB holders, though the advisory applies broadly across digital asset markets. Security experts note scam activity typically increases during periods of heightened volatility as bad actors prey on emotional trading behavior.
SHIB Burns Over 400 Trillion Tokens as Shiba Inu Army Envisions 195% Price Surge
Shiba Inu (SHIB) shows signs of a potential bullish reversal despite recent bearish pressure. Analysts highlight a symmetrical triangle pattern forming on its chart, historically a precursor to breakout rallies. Market watcher Adex Crypt notes the pattern could fuel a 62% upward move, while Crypto Henry identifies key support levels that may trigger a 195% surge if breached.
The meme coin's burn rate has accelerated dramatically, with 410 trillion SHIB tokens permanently removed from circulation—a 41% reduction in total supply. This artificial scarcity mechanism, combined with tightening volatility, sets the stage for a demand-driven price spike. SHIB currently tests critical support NEAR $0.00001162, with technical analysts marking $0.00003347 as a plausible target.
Recent on-chain data reveals short-term holders liquidating 211 million tokens at a loss, suggesting capitulation before potential upside. The Shiba Inu community continues aggressive token burns, betting on reduced supply to amplify price movements during market recoveries.
