Shiba Inu: Pattern Suggests a SHIB Surge to $0.000045?
Is Shiba Inu (SHIB) poised for a major surge? Recent analysis suggests a potential price breakout, with analysts eyeing a target of $0.000045. This bullish sentiment comes after Shiba Inu recovers from sharp drops with 4x volume surge, now trading above $0 after completing bullish chart pattern. Despite experiencing a significant price drop, shedding 19.1% of its value in the recent market crash, SHIB seems to be showing signs of strength.
Key Patterns & Indicators Pointing to a Potential SHIB Surge
Shiba Inu (SHIB) has displayed interesting patterns on its charts. According to a weekly chart shared by BITfinity, an extended symmetrical triangle pattern that began forming after Shiba Inu’s all-time high of $0 in October is hinting at a potential breakout. The symmetrical triangle pattern on Shiba Inu’s chart signals a potential price surge, with analysts eyeing a breakout above $0 as a key trigger. Furthermore, a double bottom pattern on the weekly chart signals a looming bull run. This pattern indicates the SHIB price is 11.27% away from a significant breakout. Shiba Inu price eyes a breakout to $0.0001 after the weekly MACD indicator formed a buy signal.
Volatility and Potential Targets
While short-term volatility may persist Shiba Inu (SHIB) could be set for a new surge to as high as $0.001, according to a new textbook bull pattern emerging. While this target is ambitious, more conservative projections target $0.000045. The current analysis suggests SHIB is nearing the end of wave D in a triangle pattern, with a key liquidity sweep expected.
Important Considerations
It's crucial to remember that cryptocurrency markets are inherently volatile. While these patterns and indicators suggest a potential surge, they are not guarantees. Always conduct thorough research and consider your own risk tolerance before making any investment decisions. This is not financial advice.
The Shiba Inu price breakout from a 7-month-long triangle pattern signals a major trend reversal. SHIB hit a multiyear high of $0 in 23 de sept. de 2025. (Source: Behdark on TradingView)