Shiba Inu May Surge by 500%—Analyst Raises Warning

Recent analysis suggests that Shiba Inu (SHIB) could see a price surge of over five times its current value. Currently trading at $0.0000125, SHIB is down 3% from its daily peak and has declined 9% over the past week. Despite these downturns, an analyst remains hopeful about its future movement.

Price Prediction Indicates Significant Potential Gains

Technical analyst Javon Marks reiterates his belief that Shiba Inu is likely to hit $0.000081 during the current market cycle, which would represent a 500% increase from present levels. He highlights SHIB’s earlier rise to $0.000033 in December 2024, suggesting a subsequent dip to $0.000010 is both “anticipated” and a normal aspect of market correction.

Marks sees the token closing above $0.00002 by the end of 2024 as confirmation of his analysis. He identifies the current price of $0.00001290 as a foundational level for the projected upward movement.

In his outlook, Marks maintains a target of $0.000081 for Shiba Inu, envisioning nearly a 500% ascent to reach this milestone.

Technical Signals Indicate Possible Hidden Bullish Divergence

Current market analyses point to a pattern of hidden bullish divergence in SHIB’s chart. This pattern emerges when prices form higher lows, while corresponding technical indicators like the RSI or MACD reflect lower lows.

Marks suggests that this trend signifies underlying buying interest, even as the short-term momentum indicators show apparent weakness. The token has consistently hovered above crucial support levels, also creating higher price lows, which reinforces its technical robustness. Both buyers and sellers are now poised for a breakout from the recent sideways trading, a development that could push prices upward when trading volume increases.

Increase in Long-Term Holders Continues

Recent statistics show a growing number of SHIB investors who have maintained their positions for over a year. This group has steadily increased since mid-2022 and continued to expand into early 2025. Long-term holders have emerged during both rising and falling market conditions, indicating a consistent accumulation strategy.

A larger base of long-term investors typically alleviates selling pressure, providing price support alongside other critical support levels. The number of short-term traders (those holding for less than a month) has decreased by 35%, while those holding medium-term positions increased by 3%. This shift reflects a move away from short-term trading strategies.