Shiba Inu Price Bottoms Out: Can SHIB Rally 10X This Cycle?

Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Key Insights:SHIB burn rate rose 324% in 7 days, reducing supply and boosting scarcity.Hidden bullish divergence forms on the Shiba Inu price chart as price prints higher lows.Long-term SHIB holders up since 2022, supporting stability and breakout potential.Shiba Inu (SHIB) remains a hot topic among crypto analysts and traders, with growing interest in its potential for explosive growth this cycle.At the time of writing, Shiba Inu coin traded at $0.00001236, marking a 2.52% intraday drop and a 9.92% decline over the past week.Despite the pullback, analysts remain optimistic that the meme coin is setting up for a significant price surge.Analyst Predicts 10x to 15x Rally as Shiba Inu Nears BreakoutCrypto influencer Illusion X named SHIB his top altcoin pick for the current cycle, predicting a 10x to 15x gain. His analysis aligned with broader sentiment among technical analysts calling for a breakout from current levels.Consequently, Javon Marks, a prominent crypto analyst, supported this bullish case by reiterating his long-standing prediction of Shiba Inu coin hitting $0.000081.He cited SHIB’s past price action, particularly the successful retest of the $0.0000108 breakout level after a rally to $0.00003329 in December 2024.This correction phase, he explained, confirmed SHIB’s macro structure, which remains bullish as long as the token holds above $0.0000108.Source: Javon Marks, XHidden Bullish Divergence Confirms Underlying StrengthOn the technical side, a hidden bullish divergence has formed on Shiba Inu chart. While the token’s price has posted higher lows, momentum indicators such as the RSI have shown lower lows.This divergence typically suggests growing buying pressure even when momentum temporarily appears weak.According to Marks, this pattern is often seen during continuation phases in a broader uptrend. A sustained move above $0.00002 could trigger renewed momentum, targeting resistance levels between $0.000030 and $0.000081.$0.000017 to $0.000019 is a key technical area, which SHIB price has struggled to overcome in recent weeks.The base being built above $0.00001290 is now seen as a launchpad for the next leg up, contingent on volume and broader market sentiment improving.Long-Term Holders Support SHIBA Inu Price StabilityOn-chain data from IntoTheBlock showed a notable increase in SHIB holders who have held the token for more than one year.This trend began in mid-2022 and has accelerated into 2025. Long-term holder growth reflects investor conviction and typically reduces sell-side pressure during pullbacks.Source: IntoTheBlock, XIn contrast, short-term holders, those who hold for less than 30 days, have declined by over 36.5%. This suggests that speculative behavior is declining, with investors leaning toward long-term accumulation strategies.Mid-term holders, or “cruisers,” have also increased by 3.15%, further supporting the view that the asset is maturing within its holder base.The change in holding pattern often precedes a sustained upward move, given that supply becomes increasingly illiquid and sellers become less inclined to react to short term volatility.SHIB Burn Activity Adds to Bullish SetupMoreover, Shiba Inu’s token burn rate has skyrocketed. In the last 24 hours, Shibburn also noted that over 2.2 million SHIB tokens were burned, an increase of 278.42%.According to the market data, SHIB burn rate for the past seven days rose 324.14% to over 313 million SHIB tokens burned over the last week.The SHIB burn system is designed to continuously decrease the circulating supply and increase supply scarcity, the idea being that this will make the coin worth more over time.If the demand establishes alongside supply, the pressure on the price in turn might intensify on the upside.Bullish technical formations, decreased short term selling, increasing long term holders and surge of token burn make it very likely for the breakout out of the range.So long as Shiba Inu holds the $0.0000108 base, its macro structure is intact. If the momentum continues to be bullish, the meme coin is going to revisit the highs in December and may possibly try to ascend to the $0.000081.Source link