SHIB Poised for 46% Surge as On-Chain Metrics Signal Breakout Potential
Shiba Inu (SHIB) is showing strong signs of a potential breakout, with technical indicators and on-chain metrics suggesting a possible 46% rally to $0.00002000. The meme coin has already gained 15% this week, reigniting trader interest. Key on-chain data reveals that long-term holders are holding firm, with the Age Consumed metric near cycle lows, indicating reduced selling pressure from major wallets—a historical precursor to sustained price rallies. Fibonacci levels and chart patterns further support this bullish outlook, making SHIB a cryptocurrency to watch closely in the coming weeks.
Shiba Inu Price Eyes 46% Rally As On-Chain Metrics Support Breakout
Shiba Inu's price hovers NEAR $0.00001364, with technical indicators suggesting a potential 46% surge to $0.00002000. The meme coin has gained 15% this week, reigniting trader interest.
On-chain metrics reveal long-term holders are holding firm, with the Age Consumed metric near cycle lows. This lack of selling pressure from key wallets historically precedes sustained rallies. Fibonacci levels and chart patterns reinforce the bullish case.
Market participants appear to be positioning for another leg up as SHIB's network activity grows. The absence of distribution from long-term investors contrasts sharply with late 2024's sell-off patterns, when age-consumed spikes marked price tops.
Shiba Inu Price Prediction: SHIB Tests Key Levels as Memecoin Rally Gains Momentum
Shiba Inu surges 15% weekly to $0.000014, reigniting speculation about its potential to outperform rival memecoins. On-chain metrics reveal whale accumulation near the $0.000012-$0.000013 support zone, where 30 trillion SHIB positions remain profitable. Technical indicators suggest upside targets at $0.000020 and potentially $0.000033 if bullish momentum sustains.
The breakout coincides with growing DeFi project speculation for 2025, though emerging projects like Remittix are attracting parallel interest. Market technicians note SHIB's clean break above a two-month descending channel, with the Bull-Bear Power indicator flipping positive. Failure to maintain current levels could see retracement toward $0.000010.
Shiba Inu (SHIB) Price Forecast: Bullish Momentum Signals Potential Breakout
Shiba Inu surged 5.11% to $0.0000145, reclaiming a critical resistance level as traders eye a possible trend reversal. The meme coin's trading volume spiked 37.54%, reflecting growing market conviction.
Technical analysts highlight SHIB's breakout above a long-term bearish trendline, with the $0.0000147 level now acting as support. The formation of a rounded retest pattern suggests strengthening bullish sentiment.
Projections place SHIB between $0.0000380 and $0.0000629 by 2025, fueled by ecosystem development and renewed investor interest. The token has gained 15% this week, though remains 25% below last year's levels.
Shiba Inu Gains Momentum as Ozak AI Emerges as Utility Contender
Shiba Inu tests critical resistance levels amid a 14% weekly surge, with analysts eyeing $0.00002500 as the next bullish target. A failed breakout could see retreats to $0.00000850, according to technical assessments by Hailey LUNC.
Meanwhile, Ozak AI captures institutional attention by merging AI and DePIN frameworks. Its Ozak Stream Network promises enterprise-grade blockchain solutions, positioning it as a potential utility breakout amid Shiba Inu's speculative rally.