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Shiba Inu Price Prediction: SHIB Weekly Chart Shows Bullish Divergence! After Breaking 200EMA, the Target Rises 126%.
Shiba Inu (SHIB) has made a strong recovery, currently rebounding 55% from the June low of $0.00001020, and leading the Meme zone with a weekly rise of 15%. The technical analysis shows key breakout signals: 1) The weekly RSI has formed a bullish divergence; 2) It has successfully risen above the 200-day exponential moving average (200EMA) at $0.00001541. Analyst Maddox Metrics has set a short-term target of $0.00003579 (potential increase of 126%), while aggressive factions like ilagodzilla are looking at $0.00017299 (+993%) or even $0.00025056 (+1483%). The market shows significant divergence regarding the upside potential of the second-largest Meme coin, with the $0.00003579 resistance zone becoming the dividing line between bulls and bears.
Technical Double Breakthrough: Weekly Divergence + 200EMA Conquest Establishes Rise
SHIB's recent strong performance has received dual validation from technical indicators:
Rational target: 126% rise challenges historical strong resistance zone
Maddox Metrics provides a core prediction based on technical structure:
Target price: $0.00003579 (potential rise of 126% compared to the current price)
Logical Support: This position is a historical strong resistance zone formed by the two peaks and retracements in March 2024 (0.00003286) and December (0.00003343).
Significance of Breakthrough: If this area is effectively breached, it will open up the imaginative space towards the historical high of $0.00008854.
Frenzied Prediction: Community Calls for 1500% Rise Target
Some analysts have put forward optimistic expectations far exceeding the fundamentals:
Market Status: Meme zone Leader Recovery Trend Established
Conclusion: The breakthrough in SHIB's technical landscape has laid the foundation for its short-term rise, with the resistance zone at $0.00003579 becoming a critical test for the 126% rise theory. Despite the market's fervent expectation of $0.00025, investors should remain vigilant: 1) The historical strong resistance zone has yet to be tested; 2) The 1483% rise depends on extreme FOMO sentiment and ecological transformation. A pragmatic strategy suggests a step-by-step approach: increase positions upon breaking through the $0.00001642 200MA, and chase the rise after stabilizing above $0.00003579; if there is a spike followed by a pullback, one should guard against the risk of a collective correction in the Meme zone. Whether SHIB can recreate the myth of 2021 will be signaled clearly by the intensity of volume and price impact on key resistance in the next two weeks.