Despite significant volatility and price declines over the past few months, analysts predict a significant increase in Shiba Inu (SHIB) prices in the upcoming bull market in 2025.
August 17, Trade Expert Alan Santana predicted a strong upward trajectory for Shiba Inu, with SHIB potentially reaching a new all-time high of $0.00023179. This would represent a significant gain of 17.5 times the current price, driven by market accumulation and upcoming bullish trends.
However, analysts suggest that if SHIB were to fall further into its accumulation zone, the upside could be even greater, possibly increasing its price by 20-25 times by the end of the upcoming bull market. This represents a more profitable opportunity for long-term investors.
Technical Analysis and Key Accumulation Zones
Santanas The analysis highlights a clear accumulation phase for SHIB, illustrated by the blue horizontal lines, where the price has consolidated several times since 2022. Historically, this phase has been followed by significant price rallies.
The re-accumulation indicates strong support and interest at these levels, indicating that a significant portion of the market is preparing for a significant price increase.
SHIB is currently in a buy zone strategically located around the $0.00001319 mark. This zone has been identified as critical for accumulation ahead of the expected breakout.
Moreover, a descending trendline signifies a period of price correction and consolidation, which is historically followed by a strong upward momentum.
The primary accumulation zone is located roughly between $0.00000510 and $0.00001586. This area has previously served as strong support where SHIB price has stabilized during corrections.
The lower boundary of this accumulation zone, around $0.00000510, has provided reliable support during past corrections.
While a drop below this level could indicate further declines, it also represents a potential buying opportunity for those looking to capitalize on SHIB’s long-term growth.
Breakout Potential and Long-Term Price Targets
A break of the upper boundary of the accumulation zone, around $0.00001586, could signal the start of a bullish trend, which could potentially lead to a significant increase in prices.
The current price level of $0.00001319 also serves as minor resistance. Therefore, maintaining the move above this level could mean the end of the current correction phase, setting the stage for a new uptrend with a target of $0.00023179 in 2025.
For investors, the key strategy is to accumulate SHIB within the identified buy zone. This approach allows for positioning at a relatively low price, minimizing risk and maximizing potential returns.
Moreover, monitoring the volume profile is important. Significant increases in volume during accumulation phases often precede price rallies, providing an early indicator of a potential breakout.
Shiba Inu Breed Price Analysis
As of the latest data on August 17, the Shiba Inu is trading at $0.00001332, representing a daily loss of 0.88% and a cumulative loss of 5.71% on a weekly basis.
A combination of historical accumulation patterns, strategic buy zones, and volume analysis suggests that SHIB is poised for significant gains in the 2025 bull market.
By following these strategies, investors can position themselves for potential significant gains as SHIB approaches a new all-time high. However, careful research is critical as the unpredictable nature of the crypto sector can lead to unexpected shifts.
Disclaimer: The content of this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
