SHIB Poised for Major Breakout: Analyst Eyes $0.000032 Target Amid Bullish Signals

Shiba Inu (SHIB) is showing strong bullish indicators, with a notable 2.1% price increase in the past 24 hours, currently trading at $0.00001178. Market analyst Javon Marks has identified a completed bullish divergence on the 2-day MACD chart, suggesting a potential major reversal for the meme-inspired cryptocurrency. This technical pattern, coupled with SHIB's resilience amid moderate volatility, has sparked optimism among traders. The asset recently peaked at $0.00001212 on July 3 before experiencing a slight retracement. Marks' analysis points to higher MACD readings during March 2025's market low, further supporting the bullish case. With these technical developments, the analyst has set a ambitious price target of $0.000032 for SHIB, which would represent significant upside from current levels. The cryptocurrency community is closely watching these developments as SHIB continues to demonstrate strength in the current market environment.

Shiba Inu Shows Bullish Divergence, Analyst Predicts $0.000032 Target

Shiba Inu (SHIB) is gaining traction with a 2.1% rise in the past 24 hours, trading at $0.00001178. Market analyst Javon Marks highlights a completed bullish divergence on the 2-day MACD chart, signaling potential for a major reversal.

The asset peaked at $0.00001212 on July 3 before retracing, now showing resilience amid moderate volatility. Technical analysis reveals higher MACD readings during March 2025's low ($0.00001083) compared to July 2024's trough ($0.00001270), contradicting the price downtrend.

This divergence suggests weakening bearish momentum. SHIB's December 2024 rally to $0.000033 demonstrates its capacity for explosive moves, with Marks projecting a $0.000032 target as the next significant milestone.

Shiba Inu Price Prediction Sparks Debate as Analyst Foresees $0.01 Surge

Shiba Inu (SHIB) is trading at $0.00001177, showing a modest 1.7% weekly gain. The token's price has been volatile, reaching a weekly high of $0.00001212 after dipping to $0.00001115 earlier this month. Despite the sideways movement, social media remains abuzz with bullish predictions.

Crypto enthusiast YourPOP has doubled down on optimism, forecasting SHIB could hit $0.01—an 848,000% increase from current levels. Such a rally would require a $5.9 trillion market cap, exceeding the entire crypto market's current valuation. Skeptics argue SHIB's massive circulating supply makes this target unrealistic without significant token burns.

The debate highlights the tension between meme coin speculation and fundamental valuation. SHIB's community continues to fuel momentum, even as the token remains 86% below its all-time high of $0.00008616.

Shiba Inu Price Eyes Breakout as Analysts Predict 764% SHIB Surge

Shiba Inu (SHIB) is capturing market attention with analysts forecasting a potential 764% price surge to $0.0001. The memecoin currently trades at $0.00001161, having consolidated between $0.0000108 and $0.0000122 for three weeks—a tightening range often preceding significant volatility.

Technical indicators show tentative bullish signals. The price recently reclaimed liquidity from a $0.00001012 demand zone, breaking structure to the upside. While the RSI at 50.09 suggests only moderate buying pressure, analyst Javon Marks notes a confirmed MACD bullish divergence that could precede a 180% MOVE toward $0.000032.

Shiba Inu Burn Rate Surge Sparks Price Rally Speculation

Shiba Inu's token burn mechanism ignited a 10,845% spike in destruction rates, with 9.5 million SHIB permanently removed from circulation. The deflationary move coincides with a 3.66% price rebound to $0.00001186, as analysts spot technical signals suggesting potential for a 180% surge.

Crypto strategist Javon Marks highlights a bullish MACD divergence pattern, projecting a $0.000032 target despite recent exchange delistings. On-chain data reveals growing adoption, with SHIB now held in a record 1.5 million wallets—a testament to its retail investor base.