Shiba Inu (SHIB) Gears Up for Potential Breakout Amid Bullish Sentiment


Shiba Inu, one of the most recognized meme coins in the crypto market, continues to capture investor interest long after its legendary price surge in 2021. That rally remains a landmark moment for SHIB holders, having delivered impressive returns and solidifying the token’s place in the meme coin space.


Since the beginning of 2025, SHIB has shown signs of a slow but steady upward trajectory. However, it has struggled to break decisively above the $0.000013–$0.000014 range — a key resistance zone preventing it from charting a new price path. Despite this, analysts remain optimistic.


Crypto analyst Javon Marks has expressed confidence in SHIB’s long-term potential. In April, Marks pointed to a bullish divergence forming on SHIB’s chart — a classic signal of a possible trend reversal. He later asserted that #SHIB is already in motion to reach $0.00081, which would represent a massive 500% price increase from current levels.


According to CoinCodex, SHIB still has some ground to cover before a full-blown rally can materialize. Their latest forecast projects SHIB to reach $0.00003243 by November 5, 2025, suggesting a 125.65% increase from current levels. Technical indicators currently point to a neutral market sentiment, while the Fear & Greed Index registers a score of 73 (Greed) — a signal of growing bullish momentum.


Over the past 30 days, SHIB has seen 17 green days out of 30, with 6.09% price volatility, further reinforcing its gradual upward trend. Analysts suggest that based on current forecasts and sentiment, now could be an opportune time to accumulate SHIB in anticipation of a potential breakout.


While a move to $0.00081 remains an ambitious target, the indicators suggest Shiba Inu could be building toward another major run — especially if broader market conditions support the trend.

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May 11, 2025 at 2:45 PM