SHIB Bullish Divergence Sparks 180% Rally Potential

SHIB’s MACD bullish divergence hints at a potential 180% price surge toward $0.000032. Here’s what that means for traders.

  • MACD bullish divergence signals potential strong reversal.
  • Analysts target $0.000032 next with 180% upside.
  • On-chain and technical trends support renewed rally.

What Is a Bullish Divergence and Why It Matters

Shiba Inu (SHIB) has flashed a strong bullish divergence on its MACD indicator—a classic signal that momentum may be shifting from bearish to bullish. In simple terms, this means SHIB’s price recently made lower lows, but its MACD didn’t follow, often indicating a potential price reversal. This setup is now fueling predictions of a powerful breakout, with a target set near $0.000032, representing a possible 180% upside from current levels.

Technical Signals Align for a Breakout

The MACD crossover—where the MACD line moves above the signal line—confirms the bullish divergence. This is typically a sign that buying pressure is growing. SHIB has also begun forming higher lows on the daily chart, another encouraging sign. If the price breaks key resistance levels around $0.000016 to $0.000020, momentum could quickly carry it toward the $0.000032 mark.

Market Sentiment and On-Chain Support

Beyond the technicals, SHIB is also showing strong on-chain activity. Accumulation by long-term holders has increased, and token burns are accelerating. These factors often strengthen a bullish case. Additionally, trading volume has picked up, and capital inflow indicators have turned positive, suggesting more buyers are entering the market. Combined, these signs reinforce the view that SHIB could be entering the early stages of a larger trend reversal.

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Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Isolde Verne

Isolde Verne is a passionate crypto writer, focusing on blockchain innovation, NFT ecosystems, and the societal impact of decentralized systems. Her engaging style bridges the gap between technology and everyday understanding.

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