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SHIB Poised for 500% Surge: Analyst Predicts Breakout to New All-Time High

SHIB Poised for 500% Surge: Analyst Predicts Breakout to New All-Time High

Author:
SHIB News
Published:
2025-08-01 17:35:14
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[TRADE_PLUGIN]SHIBUSDT,SHIBUSDT[/TRADE_PLUGIN]

Shiba Inu (SHIB) is capturing attention as crypto analyst Javon Marks predicts a potential 500% surge to $0.000081, following a breakout from a 75-week downtrend. Currently trading at $0.00001279, SHIB has maintained critical breakout levels, signaling the possibility of unprecedented gains. The breakout, first identified on July 12, marks a significant turning point for the meme coin, with technical patterns strongly suggesting a bullish future. As of August 2025, the crypto community is closely watching SHIB's momentum, anticipating a rally that could redefine its market position.

Shiba Inu All Time High Near: Analyst Predicts 500% Surge

Shiba Inu (SHIB) is poised for a potential 500% surge to $0.000081, according to crypto analyst Javon Marks. The meme coin has broken out of a 75-week downtrend, with technical patterns suggesting significant upside. Currently trading at $0.00001279, SHIB remains above critical breakout levels that could propel it toward unprecedented gains.

The breakout began on July 12, when Marks identified the end of a prolonged downtrend dating back to SHIB's 2021 all-time high. The token has since shown bullish momentum, with the analyst maintaining his $0.000081 target—a move that WOULD represent over 500% appreciation from current levels.

Shiba Inu Buying Activity Surges 14% Amid Price Stagnation

Shiba Inu trading activity in the 'buying' category spiked 14% on Thursday, marking the first time in a month that buyers outpaced sellers. The meme coin has languished NEAR flatline price levels for three months, testing investor patience as rival tokens gained traction.

Coinbase data reveals 4,500 traders initiated SHIB purchases against 3,900 sellers, while 4,900 monitored the ticker without executing trades. This accumulation pattern suggests some market participants may be positioning for a potential bottom after prolonged consolidation.

The green candle that briefly appeared during Thursday's session reinforced the shifting momentum. Whether this represents a temporary anomaly or sustainable demand resurgence will become clearer in coming days as traders assess whether SHIB's sideways movement has run its course.

Shiba Inu's Bullish Potential Undercut by Whale Activity and Weak Demand

Shiba Inu's anticipated bullish breakout has stalled despite favorable technical patterns, as on-chain data reveals mounting sell pressure from large holders. Exchange reserves for SHIB surged to 84.9 trillion tokens on July 28—a monthly high—indicating whales are positioning for distribution rather than accumulation.

The Money FLOW Index's sharp decline from 91 to 69 over ten days confirms weakening capital inflows, while negative net flows from large wallets create artificial supply gluts. Market dynamics now mirror early-stage distribution patterns observed in other meme coins during corrective phases.

Shiba Inu Price Faces Downside Risk as RSI Signals Overextension

Shiba Inu (SHIB) has tumbled 16% this week, with its Relative Strength Index flashing bearish signals amid a broader crypto market pullback. The meme coin now trades at $0.0000135, down 6% in 24 hours as smaller-cap peers suffer steeper losses.

Technical analysts diverge on SHIB's trajectory. CryptoELITES projects a 17x surge to $0.00023 if the token breaks a weekly symmetrical triangle, while Joe Swanson anticipates a 36% rebound based on a developing cup-and-handle pattern. Market participants await confirmation of either scenario as trading volumes spike.

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