Shiba Inu (SHIB) Price Prediction: Massive SHIB Burn and 80-Week Cycle Mirroring Past Rallies: Will History Repeat?

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Massive SHIB burn combines with 80-week cycle repeating earlier rallies.

Highlights

  • SHIB fractal structure mirrors earlier cycles, hinting at another breakout phase.
  • CoinGape projected a 160% surge, aligning with long-term cycle-driven forecasts.
  • Burn rate spikes 184% in 24H and 143% weekly, boosting confidence in SHIB.

SHIB price has reached a critical stage, echoing past rallies that produced explosive outcomes for meme coins. The Shiba Inu price chart reveals patterns strongly resembling earlier breakouts, creating discussions about whether history may repeat. Current candles remain compressed within a narrow range, yet the structure signals possible expansion.

Is SHIB Price Replaying Its Historic Breakout Cycle Again?

As highlighted by  a market analyst, the previous SHIB cycle rally started with steady accumulation before an explosive breakout that carried the price above $0.00004800. On the 4-hour chart, the move was characterized by a sequence of strong green candles that lifted the Shiba Inu price rapidly from early March lows near $0.00001800. 

The rally peaked within days, printing a long upper wick as profit-taking set in and momentum slowed. However, the structure of this rally showed a textbook wave pattern, with a steep impulse phase. This was followed by measured corrections, eventually stabilizing above $0.00002800. 

This pattern became a reference point for analysts, highlighting SHIB’s ability to deliver outsized gains once consolidation zones are cleared. Furthermore, meme coins as a group tend to amplify moves when speculative flows re-enter, which could further accelerate the path higher.

SHIB price action
SHIB/USDT Chart (Source: X)

Currently, SHIB price is trading around $0.00001321, and the latest fractal mirrors that earlier setup. The chart again outlines an 80-week structure that suggests history could repeat, projecting potential highs near $0.0000457 if the wave count plays out. 

The latest candles remain compressed within a blue-circled range, resembling the pre-breakout stage of the last rally. A decisive move above $0.000018 could act as the first confirmation of renewed upside strength. 

CoinGape recently predicted that SHIB could rally by 160%, translating to a potential target of $0.000035, which aligns closely with the fractal-based forecast. Therefore, while SHIB consolidates now, the long-term SHIB price forecast retains its bullish bias, provided resistance levels are overcome with strong volume.

Massive SHIB Burn Spike Adds Fuel to Breakout Forecast

In the past 24 hours, SHIB burn activity surged to over 1 million tokens, reflecting a 184% increase at press time. Over seven days, over 4 million tokens disappeared, marking a 143% weekly increase. These burn surges strengthen bullish conviction, especially when aligned with fractal-driven technical structures.

Token destruction reduces liquid supply, raising the probability of sharper price extensions once demand expands. This burn-driven tightening reinforces the technical outlook, supporting forecasts that suggest a breakout cycle. Therefore, both burn metrics and fractal structures combine to signal a powerful setup for SHIB price.

Summary

SHIB price continues to mirror historical fractals that once triggered steep rallies. With the Shiba Inu price forecast highlighting significant upside, the setup points toward renewed volatility. The sharp rise in burn activity adds weight to the bullish outlook and supports the long-term cycle projection. If history repeats itself, SHIB may be on the verge of confirming its next breakout phase.

 

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Frequently Asked Questions (FAQs)

1. Why are fractals important in SHIB analysis?

Fractals highlight repeating chart patterns, which help analysts forecast potential future moves based on past cycles.

2. How does SHIB compare with other meme coins?

Meme coins often move in tandem, and SHIB’s fractal structure can influence sentiment across the broader meme coin market.

3. What does the SHIB burn rate indicate?

The burn rate reflects token removals from circulation, often signaling stronger community activity and reduced available supply.
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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.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal 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.

About Author
About Author
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
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.