Shiba Inu (SHIB) Price: The Sleeping Giant Is Waking Up — Three Green Weekly Closes Signal Big Moves Ahead!
If you’ve been sleeping on Shiba Inu (SHIB), now’s the time to wake up. SHIB just posted three straight green weekly closes — and trust me, the charts are flashing major bullish signals you don’t want to miss.
While the market buzzed about Dogecoin, SHIB has been quietly gearing up behind the scenes. Trading above its August 2024 lows (the same setup before that crazy 400% rally earlier this year), Shiba Inu looks locked and loaded for its next breakout.
One sharp-eyed crypto analyst even calls for a jaw-dropping move — targets as high as $0.000139 (an 894% jump) or possibly $0.000220 (a 1,479% explosion) if momentum keeps rolling. His words?
“The market’s turning green — and SHIB could fly higher than anyone expects.”
The Technicals Are Screaming “Bullish”
Here’s what’s happening under the hood:
- Double-bottom pattern forming with a neckline at $0.000033 — that’s a 145% upside from here.
- RSI is climbing, moving from 35.8 to 43 — a clear sign buyers are gaining strength.
- Key trendline support (stretching back to June 2023) is holding strong at $0.00001080.
But here’s the kicker:
Last time SHIB had three green weekly closes (late 2024), it followed with three red weeks and a slide. So stay sharp — history rhymes, even in crypto.
Why This Time Could Be Different
It’s not just technicals — the fundamentals are lining up too:
- Massive token burns: Circulating supply dropped from 999 trillion to around 589 trillion. Just recently, the burn rate spiked 1,562% — 11.8 million tokens gone in a day.
- Shibarium growth: SHIB’s layer-2, Shibarium, just crossed 1 billion transactions. More use cases = more staying power.
- SHIB Army: Over 1.5 million wallet addresses and counting. This community isn’t just loyal — they’re relentless.
Add to that easing global economic tensions (read: higher risk appetite for assets like crypto), and SHIB is positioned for a potential parabolic move.
Heads-up: If SHIB breaks below $0.00001080, we could see a dip to $0.000005677 (-60%). But with momentum on its side, odds are leaning bullish — and $0.000033 is the next big resistance to watch.
Final Take:
Three green weeks. Major technical patterns. Explosive fundamentals.
Shiba Inu isn’t just wagging its tail — it’s ready to run.
