MemecoinBinance SquareBitcoin NewsNews

Shiba Inu Eyes 150% Surge Amid Bullish Reversal

SHIB signals bullish divergence, hinting at a potential 150% price rally.

  • SHIB forms strong bullish divergence pattern
  • Analysts predict a possible rally to $0.000032
  • Market sentiment and technicals align for breakout

Bullish Divergence Sparks Hope for SHIB

Shiba Inu ($SHIB), one of the most popular meme coins, is showing signs of life after weeks of sluggish performance. Technical analysts are pointing to a clear bullish divergence — a pattern that historically precedes sharp upward moves in price.

This type of divergence occurs when the price continues to fall or stay flat, but momentum indicators such as the RSI (Relative Strength Index) begin to trend upward. It often signals that selling pressure is waning, and a bullish reversal may be on the horizon.

Currently, the chart setup suggests a potential 150% move that could send SHIB towards the $0.000032 level — a key resistance point that last held during previous market upswings.

Price Target: $0.000032 and Beyond?

A rally to $0.000032 may sound aggressive, but it’s well within reach if the divergence plays out fully. Shiba Inu has a history of sudden, aggressive rallies, often fueled by retail enthusiasm and viral momentum.

What’s different this time is that the technical setup supports a structured breakout rather than a hype-driven spike. The market is showing early signs of rotation into risk assets, and SHIB, with its loyal community and brand power, is a prime candidate to benefit.

If Bitcoin remains stable or moves upward, meme coins like SHIB often follow with outsized gains, riding the wave of increased retail activity and speculative momentum.

Community and Momentum Building

The Shiba Inu community — often referred to as the “SHIB Army” — has remained active through the bear market, continuously engaging in ecosystem developments like Shibarium and other DeFi integrations.

This foundational work, combined with the current technical structure, creates a strong case for a sustained move upward. As traders and investors look for high-beta plays in the next leg of the bull cycle, SHIB stands out as a high-potential contender.

Read Also:

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.

Related Articles

Back to top button