SHIB Price Primed for Explosion—Crypto Analyst Warns Current Levels Are Unsustainable
Memecoin mania won’t save SHIB from gravity—or will it? A crypto analyst drops the hammer: current prices are a ticking time bomb.
Brace for volatility
The token’s recent stagnation has traders sweating. With whale accumulation patterns flashing bullish and retail FOMO creeping back in, this 'stable' price looks like a coiled spring.
Wall Street’s algo-traders would call this 'consolidation.' Crypto degens know better—it’s either a launchpad or a trapdoor. Meanwhile, Bitcoin ETFs sip champagne while memecoins do push-ups on the charts.
Source; CoinGecko
Why Shiba Inu Price Won’t Last
The analyst’s assessment reveals why SHIB price won’t last longer at these levels, and market cap analysis shows a series of lower highs and also lower lows. At the time of writing, Shiba Inu faces a critical support zone around $6.7 billion market cap that has historically provided stability. This technical pattern suggests the Shiba Inu price forecast could turn bullish once key support is reached, and traders are watching these levels closely.
Critical Support Zone Analysis Shows SHIB Price Won’t Last Longer
Historical data from April 2024 demonstrates why SHIB price won’t last longer at current levels, and when Shiba Inu fell below $6.08 billion market cap, bears couldn’t maintain pressure and a rebound followed. The analyst believes those questioning whether Shiba Inu price will increase or not should watch this $6.7 billion support closely, and the technical setup suggests accumulation opportunities.
“Pepe is Friend” stated:
$SHIB is pretty much at the bottom now, seems like it's approaching the support zone. If it really hits that support, it'll likely MOVE sideways for a while before the next growth phase. Stay confident and keep holding or even buy more #SHIB .
I’m sure you won’t regret it. You… pic.twitter.com/T6Gt4SfN3g
Resistance Levels and Why SHIB Price Won’t Last Longer
The $10 billion market cap represents major resistance, and breaking this level WOULD confirm why SHIB price won’t last longer at current depths. In May 2024, SHIB struggled at this threshold before retracing to $7 billion, and if reached, this resistance would price SHIB at approximately $0.00001696. This offers substantial upside for Shiba Inu’s price in 2025 outlook, and right now many traders are positioning for this potential breakout.
The analyst also stated:
Two Scenarios Explain Why SHIB Price Won’t Last Longer
Alternative analysis presents scenarios supporting why SHIB price won’t last longer at these levels, and the bullish case sees SHIB bouncing from support to target $0.00002174-$0.00002418. This would offer 80-100% gains and validate the shiba inu price forecast, while rewarding those who buy SHIB now during this consolidation phase.
The bearish scenario activates below $0.00001054, and this could send SHIB toward $0.00000630 support. Even this outcome suggests current levels are temporary and supports the thesis that SHIB price won’t last longer here, while traders consider whether Shiba Inu price will increase or not.
Current technical analysis confirms that SHIB price won’t last longer at $0.00001157, and support and resistance zones indicate imminent directional movement. The Shiba Inu price forecast suggests accumulation opportunities exist for those wondering whether Shiba Inu price will increase or not, and the Shiba Inu price in 2025 depends on breaking key resistance levels. At the time of writing, the setup favors those who buy SHIB now before the next major move.
