Analysts Predict Shiba Inu Could Skyrocket 126% Soon — Here’s What’s Fueling the Surge!

Jakarta, Pintu News – Shiba Inu (SHIB) is gaining momentum again, and the latest market analysis shows that its price is likely to experience a big jump from its current position.

For context, Maddox Metrics analysts in their analysis on TradingView revealed that a number of leading indicators are starting to show bullish signals for Shiba Inu after the recent upward trend in prices.

This suggests that the crypto asset has the potential to go higher. Moreover, in his comments on July 20, he also shared short-term price targets as well as additional confirmation of this bullish trend.

Shiba Inu’s Bullish Momentum Gains Strength

Shiba Inu, the second largest meme coin by market capitalization, is showing signs of resurgence after bouncing off an important support area around $0.00001020 in June.

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Since the price rejection at that low level, SHIB has surged 55% to reach its current price.

On July 21, the price of Shiba Inu had risen by 4.86%, and in the last seven days it has increased by 15%. This increase also cut the loss through 2024 to just 25%, which reinforces SHIB’s bullish outlook along with the overall upward trend of the crypto market.

The analyst noted that Shiba Inu has printed a weekly bullish divergence on the relative strength index (RSI) indicator based on recent price movements. Currently, SHIB is eyeing the resistance of the 200-day exponential moving average (200EMA) indicator.

Interestingly, SHIB has managed to break the 200EMA level at $0.00001541, but is still trading below the 200-day moving average (MA) which is at $0.00001642. According to the analyst, this bullish impulse started from a retest of the 0.786 Fibonacci golden pocket zone at the $0.00001020 local support level.

Shiba Inu Potentially Rallies 126%

With all these factors in SHIB’s favor, the analyst predicts a potential rally of 126% to retest the important resistance area at $0.00003579.

Notably, SHIB has twice experienced price rejection at these levels: first in March 2024 when it closed at $0.00003286, and second in December 2024 when it reached a high of $0.00003343.

If SHIB manages to break out of that zone, the potential for further upside is wide open. In comparison, the analyst also mentioned the possibility of an uptrend towards $0.00008922-beyond its current record high price at $0.00008854.

Just the Beginning for Shiba Inu?

Interestingly, another analyst by the name of ilagodzilla also has a bullish view on Shiba Inu, even with a higher price target. In a parallel analysis on TradingView, he stated that SHIB’s rally to $0.00008854 is just the beginning of a potentially bigger surge.

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In the included chart, ilagodzilla projects that SHIB will experience further parabolic expansion towards the second target at $0.00017299 – reflecting a growth of 993% from the current price of $0.00001582.

Furthermore, it targets a surge of up to 1,483% towards a new record high at $0.00025056.

It should be noted that this price projection is not new to Shiba Inu. Several other market commentators have made similar predictions. Oscar Ramos, for example, expects SHIB to reach $0.00017 in this bull run cycle, calling it a realistic target.

Meanwhile, analysis from The Crypto Basic citing expert opinion from Changelly predicts that Shiba Inu will hit $0.00024 in February 2032.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• The Crypto Basic. Shiba Inu Ready To Move, Expert Shares Next Near Term 126 Target. Accessed on July 22, 2025