SHIB Price Set to Soar? Bullish Patterns and Metrics Hint at 1,500%+ Gains
- Shiba Inu’s bullish setup and metrics hint at a 1,500%+ rally in the coming cycle.
- SHIB forms a falling wedge pattern just above a strong support zone—a classic breakout signal.
- Funding rates remain positive as traders increasingly position long, expecting upside momentum.
Shiba Inu (SHIB) might be gearing up for its biggest comeback yet. According to crypto analyst Master Ananda, the meme-driven token, long overlooked during its extended sideways trend, may be nearing a breakout that captures market attention.
With current prices hovering around $0.00001393, Ananda projects a potential rally that could launch SHIB to $0.000220491. That’s a massive 1,558% upside—enough to flip the recent dull cycle and spark a new wave of excitement among holders.
Analyst Sees End of SHIB’s “Null Cycle”
Ananda’s analysis is rooted in repeating chart patterns. He highlights two key formations: a smaller, earlier purple pattern that led to a past price surge, and a much larger blue pattern now unfolding. Both share the same foundation—solid support levels and rising lows, which often signal accumulation before a major breakout.
So far, SHIB has shown strong support in August 2024, April 2025, and June 2025, helping form a bullish structure with multiple higher lows. That’s an important clue for technical traders, as it typically indicates growing buying interest and a potential trend reversal.
Source:
TradingView
What makes this moment especially interesting is SHIB’s positioning just under its 200-week moving average (MA200). This long-term trend line often separates bearish zones from bullish ones. While SHIB is still below it, Ananda emphasizes that a confirmed move above the MA200 would solidify a bullish long-term outlook. Master Ananda notes,
It is still early for Shiba Inu (SHIBUSDT) because the action is happening below MA200. The long-term bullish bias is only confirmed once the action moves and closes above this level.
Even without that confirmation, the current setup looks promising. With the current weekly candle flashing full green and the price hovering near key support, the momentum is starting to shift. On the other hand, Ananda doesn’t ignore the coin’s recent struggles.
A rally in November 2024 fizzled out, failing to break previous highs. But now, after months of slow and uneventful price action—what he calls the “boring” or “null” cycle—he believes SHIB is preparing for a new phase: rapid growth and excitement.
The analyst’s minimum target for 2025 is $0.000103188, a gain of 676% from current levels. Key resistance levels to watch are $0.000067612 $0.000057511, and $0.000032036, all just below SHIB’s previous all-time high.
In short, Master Ananda’s analysis hints that SHIB’s long winter might be over. If history repeats through this larger consolidation pattern, Shiba Inu could be gearing up for its biggest run yet.
Is This SHIB’s Launch Point?
Fueling the growing optimism around Shiba Inu (SHIB), a fresh chart analysis paints an even clearer picture: the meme coin may be tightening the spring for a breakout. The price action is forming a falling wedge, a textbook bullish reversal pattern, right above a critical support zone that’s been holding firm since early 2024.
Source:
X
This base has consistently caught price dips, acting as a launchpad each time SHIB has attempted to recover. With the wedge narrowing and price pressing against resistance, momentum is quietly building.
Should SHIB break out from this pattern, two immediate targets come into play—$0.00002812 and $0.00003857, representing potential gains of more than 100% and 180% from current levels. These may be modest next to Master Ananda’s long-term forecast, but they could mark the start of SHIB’s larger move.
Related: Shiba Inu Bullish Community Efforts Meet Bearish Technical Signals
Traders Lean Long as SHIB Metrics Flash Green
According to data from IntoTheBlock, daily active addresses, new addresses, and even zero-balance addresses have surged in the past week. Specifically, active addresses are up 19.84%, new addresses climbed 12.33%, and zero-balance addresses spiked by 33.49%.
Source:
IntoTheBlock
These increases suggest growing user engagement and renewed interest in the Shiba Inu ecosystem, often a precursor to strong market moves. Meanwhile, SHIB’s open interest-weighted funding rate paints a similarly compelling picture.
Source:
Coinglass
The funding rate has remained mostly positive throughout July, showing that traders are increasingly positioning long. This behavior implies confidence among derivatives traders that SHIB’s next major move will be to the upside.
The post SHIB Price Set to Soar? Bullish Patterns and Metrics Hint at 1,500%+ Gains appeared first on Cryptotale.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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