Price Analysis

Shiba Inu Price Prediction: Will SHIB Surge 40% Before Christmas?

Shiba Inu price prediction: SHIB flaunts a strategic cup and handle but a double-top pattern in the daily time frame could engage the breakout.
Published by
Shiba Inu Price Prediction: Will SHIB Surge 40% Before Christmas?

Shiba Inu Price Prediction: With the meme coins going frenzy over the week, the Shiba Inu price trend gains momentum and continues to form a bullish pattern. The SHIB price has increased by 25% in the last ten days and continues the streak of bullish candles. Further, Bitcoin approaches the $45K mark and teases a stronger bullish spirit for the crypto market.

Also Read: Shiba Inu Burn Rate Soars 83000% As Whale Shifts 4 Tln SHIB

Advertisement

Shiba Inu Price Prediction: Can A Double Bottom Help SHIB Take Off Above $0.00001?

  • Shiba Inu takes a remarkable leap and teases a rounding reversal making a double bottom pattern.
  • The price of Shiba Inu jumps 52% to cross $0.000010 within 52 days and prepares a breakout rally. 
  • The intraday trading volume of Shiba Inu is at $318,122,311 with a 10% jump.
Shiba Inu Price Prediction| TradingView Chart

The ongoing recovery trend in Bitcoin spikes the momentum not just for the meme coins but the entire altcoin sector. As the SHIB price continues the recovery rally, the buyers hatch a trend continuation pattern called the double bottom pattern. With the right bottom under construction, SHIB jumped 52% in the last 52 days to reach the psychological milestone of $0.000010. Further, with the drastic improvement in the last few days, traders have started to agree to the extra premium willingly.

Shiba Inu price approaches the bullish pattern’s neckline resistance—at $0.00001073 and teases a bullish breakout. The intensifying demand propelling the meme coin is evidently clear in the rising trend of the intraday trading volume.

Technical analysis reveals a powerful double-bottom pattern forming, and its potential breakout target appears increasingly attainable thanks to a recent bullish crossover on the MACD indicator. This suggests a significant shift in momentum, favoring upward movement.

The daily timeframe further strengthens this bullish outlook, revealing a robust technical structure. The MACD’s clear buy signal adds fuel to the fire, indicating strong upward momentum. 

However, traders must be cautious due to the presence of a higher price rejection as the long-range candles reflect a strong overhead supply. Therefore, the market participants must stay cautious of a bullish failure which may lead to a new correction phase. 

Advertisement

Is SHIB Price Heading to $0.000014?

The strong recovery spirits driving the bill run in the crypto market keep the correction chances to a minimum. Further, the bullish signals given by the momentum indicators support the breakout possibility and a new rally for Shiba Inu. 

Moreover, as long as the buyers uphold the dominance at the psychological mark of $0.00001, the meme coin will signal a breakout trend. In case of breakout, the price of Shiba Inu will skyrocket to the $0.000014 mark. Conversely, a reversal will signal strong correction but chances are slim. 

  • Moving Average Convergence Divergence: As long as the MACD stays above the neutral zone, the path of least resistance remains firmly upward, paving the way for a potential breakout of the double bottom and its target.
  • Relative Strength Index: the daily RSI line continues the bullish projected pathway close to the overnight zone, reflecting a high momentum uptrend.
Advertisement

Share
Sahil Mahadik

Sahil is a dedicated full-time trader with over three years of experience in the financial markets. Armed with a strong grasp of technical analysis, he keeps a vigilant eye on the daily price movements of top assets and indices. Drawn by his fascination with financial instruments, Sahil enthusiastically embraced the emerging realm of cryptocurrency, where he continues to explore opportunities driven by his passion for trading

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • Price Analysis

Analyst Eyes Key Support Retest Before a Rebound for Ethereum Price Amid $93M ETF Outflows and BlackRock Dump

The Ethereum price remains steady near the $3,900 level after multiple failed attempts to reclaim…

October 25, 2025
  • Price Analysis

Bitcoin Price Eyes $120K Ahead of FED’s 98.3% Likelihood to Cut Rates

Bitcoin price is hovering around $111,742, reflecting a 0.5% gain in the last 24 hours.…

October 25, 2025
  • Price Analysis

PEPE Coin Price Prediction as Weekly Outflows Hit $17M – Is Rebound Ahead?

Pepe coin price has remained under pressure despite renewed signals of investor repositioning in the…

October 25, 2025
  • Price Analysis

HBAR Price Targets 50% Jump as Hedera Unleashes Massive Staking Move

HBAR price rose by 2.4% today, Oct. 24, mirroring the performance of the crypto market…

October 24, 2025
  • Price Analysis

Chainlink Price Outlook: Analyst Predicts $100 as Reserve Adds 63K LINK

The Chainlink price has maintained steady traction near $17.6, with on-chain accumulation strengthening investor confidence.…

October 24, 2025
  • Price Analysis

SUI Price Prediction as TVL and Monthly DEX Volume Hit All-Time Highs- What’s Next?

The Sui price has recently drawn investor interest after rebounding from a key demand zone,…

October 24, 2025