Shiba Inu Primed for 1,529% Price Surge—Analyst Claims SHIB Season Is Just Getting Started

The meme coin that refuses to die might be gearing up for its biggest rally yet. Shiba Inu (SHIB)—the dog-themed cryptocurrency that turned early investors into overnight millionaires—could be on the verge of a jaw-dropping 1,529% explosion, according to one bold analyst.

Why the optimism? The so-called 'SHIB season'—a period of frenzied buying and parabolic price action—is allegedly still in its early innings. If history rhymes, retail traders could flood back in, chasing the next life-changing pump.

Of course, seasoned crypto veterans know the drill: what goes up must come down—especially when fueled by hype, memes, and the collective FOMO of traders who missed Dogecoin’s 2021 run. But for now, the bulls are barking louder than ever.

Just remember: in crypto, 'early' is a relative term—usually uttered right before the smart money dumps on the latecomers.

Shiba Inu Analysis MasterAnandaShiba Inu Analysis/MasterAnanda Meanwhile, Shiba Inu may be on the cusp of a trend reversal. The analyst highlighted that SHIB has printed a “full green” weekly candle, and prices might go parabolic from here. Notably, Shiba Inu is up 15% on the weekly timeframe and could print its most bullish candlestick since the week of May 4’s 25% growth. Nonetheless, Shiba Inu remains below the 200-day moving average (MA200), a clear sign its bullish momentum is still early. The indicator typically represents the current bias of an asset, with a trend above suggesting a bullish trend and below a converse signal. As a result, MasterAnanda stated that Shiba Inu needs to clear this indicator for a long-term bullish bias. At the current market standing, the MA200 trends at $0.00001634, 19% away from the current market price. Euphoria, Higher Prices, and a New All-Time High for Shiba Inu From here, the analyst predicts an explosive price development for Shiba Inu, one that will create euphoria among its holders. He highlighted the minimum price target for Shiba Inu in 2025 and its highest possible price target this cycle. First, he suggests a breakout from the current triangle to $0.00003203, aligning with the 0.50 Fibonacci retracement. The next move will be to the 1.618 Fibonacci level at $0.00006767, followed by the 2.618 extension at $0.0001032. According to the analyst, $0.0001032 is the minimum new all-time high for Shiba Inu this year. Meanwhile, he predicts further upsides to two more Fibonacci levels: 3.618 and 4.618. This represents new all-time highs of $0.0001743 and $0.000220491, which are 1,183% and 1,529% away from the current market price of $0.00001353. Interestingly, the ambitious $0.00022 price target is not a new projection for Shiba Inu. Expert Alan Santana shared a close price outlook in an earlier commentary, citing a similar descending triangle breakout.