Advertising
News4Social English
  • News
    • National
    • Education
    • Review
    • Space
    • Environment
  • Health Trends
  • Business
  • Lifestyle
  • Travel
  • Cryptocurrency
  • Sports
  • World
No Result
View All Result
  • News
    • National
    • Education
    • Review
    • Space
    • Environment
  • Health Trends
  • Business
  • Lifestyle
  • Travel
  • Cryptocurrency
  • Sports
  • World
No Result
View All Result
News4Social English
No Result
View All Result
Advertising
Home Cryptocurrency

Shiba Inu Set for 2x Rally? Expert Issues SHIB Prediction

March 29, 2025
in Cryptocurrency
Reading Time: 2 mins read
Shiba Inu Set for 2x Rally? Expert Issues SHIB Prediction
294
SHARES
1.4k
VIEWS
Share on TwitterShare on Telegram
Advertising

Shiba Inu Set for 2x Rally? Expert Issues SHIB Prediction

Advertising

  • Shiba Inu is showcasing a tempered growth outlook amid a broader market drawdown.
  • Despite this outlook, market analysts are confident a rally is lurking for SHIB.

Advertising

Shiba Inu (SHIB) is currently on analysts’ radar with a forecast of a potential rally despite the current market outlook. In a recent post, a top crypto analyst, World of Charts, suggested that SHIB could see its price grow 2x, reaching $0.0000340 in the coming days. 

Notably, the prediction is based on growing market interest in Shiba Inu. On-chain data shows strong technical signals pointing to a potential breakout. Per the update, investors are closely watching to see if the memecoin can see the valuation boost as forecasted.

Analysts Identify Key Shiba Inu Breakout Pattern

Advertising

World of Charts pointed to a bullish price structure in SHIB’s chart. The chart shows that the memecoin is on the verge of a potential breakout. It is worth mentioning that since December, Shiba Inu has been trading within a descending channel, a pattern often seen before a significant price movement.

In his X post, World of Charts stated that if SHIB breaks above the upper resistance level, it could surge to $0.0000340, a 136% increase from its current price. This could make it one of the most significant rallies in recent months.

Shiba Inu
Image Source: World of Charts on X

Similarly, the analysis is based on past trends, where similar price patterns have led to breakouts for the token. The analyst believes that once SHIB breaks through resistance, a strong upward move could follow. Traders are closely watching, as a breakout could trigger more buying activity as traders may choose to join the rally.

Advertising

Crypto analyst CryptoBull_360 shares a similar view but argues that SHIB has already broken out. He suggested that if the token maintains a daily close above the 50-day exponential moving average (EMA), it could trigger an initial rally to $0.000025 before any further gains. This would still align with the overall bullish sentiment surrounding SHIB’s price movement.

Market data shows that in the last 24 hours, Shiba Inu’s trading volume has also decreased. This metric is down 18% to $197.37 million. However, many experts are confident that the cryptocurrency will see a notable price increase if all factors align.

Advertising

As mentioned in our previous news brief, new statistics released by IntoTheBlock show that a higher percentage of SHIB investors have maintained their holdings for more than one year compared to BTC and ETH. This further endorses the memecoin’s unexpected resilience amid sustained market volatility.

RelatedPosts

Most Undervalued Crypto List – May 2025: VeChain (VET), Pi Coin (PI), Remittix (RTX) & Stellar (XLM)

Most Undervalued Crypto List – May 2025: VeChain (VET), Pi Coin (PI), Remittix (RTX) & Stellar (XLM)

May 23, 2025
Cardano’s Academic Partnerships Impress — Yet MAGACOIN FINANCE’s Rapid Growth Captures Investor Attention

Cardano’s Academic Partnerships Impress — Yet MAGACOIN FINANCE’s Rapid Growth Captures Investor Attention

May 23, 2025

Investor Sentiment and Market Outlook

In a previous article, we covered that Telegaon remains bullish in its SHIB price projection. According to the platform, Shiba Inu will be valued at $0.0000728 at its peak this year 2025, an increase of 464% from its current value. The token was changing hands for $0.00001286, down 4% in 24 hours.

Advertising

Advertising

The optimism for a longer-term rally is high. This is because, after a sharp decline in February, when SHIB dropped to $0.00001160, the token has rebounded despite its current sideways movement.

Investor confidence is strengthening as retail traders and large holders, known as whales, continue accumulating SHIB. This accumulation trend is often seen as a positive sign, suggesting a long-term bet in the token.

Advertising

Consequently, the next few days will be very crucial for Shiba Inu. If the analysts’ predictions play out, it might trigger a ripple effect for other memecoins in the market.

Check More Latest Cryptocurrency News Click Here– Latest Cryptocurrency News

Check More Business News Click Here– Latest Business News

Related Posts

Most Undervalued Crypto List – May 2025: VeChain (VET), Pi Coin (PI), Remittix (RTX) & Stellar (XLM)
Cryptocurrency

Most Undervalued Crypto List – May 2025: VeChain (VET), Pi Coin (PI), Remittix (RTX) & Stellar (XLM)

May 23, 2025
Cardano’s Academic Partnerships Impress — Yet MAGACOIN FINANCE’s Rapid Growth Captures Investor Attention
Cryptocurrency

Cardano’s Academic Partnerships Impress — Yet MAGACOIN FINANCE’s Rapid Growth Captures Investor Attention

May 23, 2025
2025’s Crypto Triple Threat: BTC Pushes Toward New ATH, ETH Surges Post-Pectra, While BitLemons ($BLEM) Primed for 6x Gains
Cryptocurrency

2025’s Crypto Triple Threat: BTC Pushes Toward New ATH, ETH Surges Post-Pectra, While BitLemons ($BLEM) Primed for 6x Gains

May 22, 2025
Bitcoin Blasts To 1,867 All-Time High—Here’s What’s Driving The Surge
Cryptocurrency

Bitcoin Blasts To $111,867 All-Time High—Here’s What’s Driving The Surge

May 22, 2025
World Foundation secures 5M via token sales to expand biometric Orb-verified IDs globally
Cryptocurrency

World Foundation secures $135M via token sales to expand biometric Orb-verified IDs globally

May 22, 2025
Uniswap Hit With Lawsuit Over DEX Tech: Is Its Core Model At Risk?
Cryptocurrency

Uniswap Hit With Lawsuit Over DEX Tech: Is Its Core Model At Risk?

May 22, 2025
Meet Paul Sztorc, the Mind Behind Bitcoin Drivechain – Crypto News Flash
Cryptocurrency

Meet Paul Sztorc, the Mind Behind Bitcoin Drivechain – Crypto News Flash

May 21, 2025
Bitcoin Weekly Closes Above Range High Despite Crash From 7,000, Why The Bulls Are Still In Charge
Cryptocurrency

Bitcoin Weekly Closes Above Range High Despite Crash From $107,000, Why The Bulls Are Still In Charge

May 21, 2025
Forget Ripple (XRP), This Altcoin at alt=
Cryptocurrency

Forget Ripple (XRP), This Altcoin at $0.007 Today Refuses to Slow Down

May 21, 2025
Strive eyes 75,000 distressed Bitcoin claims from bankrupt Mt. Gox estate for its reserves
Cryptocurrency

Strive eyes 75,000 distressed Bitcoin claims from bankrupt Mt. Gox estate for its reserves

May 20, 2025

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc.

Follow us on social media:

Recent News

  • Most Undervalued Crypto List – May 2025: VeChain (VET), Pi Coin (PI), Remittix (RTX) & Stellar (XLM)
  • Axis Max Life Achieves Highest-Ever Claims Paid Ratio of 99.70% in FY25; Surpasses 99% Benchmark for Sixth Consecutive Year
  • Record floodwaters in eastern Australia leave 4 dead and 1 missing

Category

  • Brand Stories
  • Business
  • Cryptocurrency
  • Culture
  • Education
  • Entertainment
  • Environment
  • Health Trends
  • Latest News
  • Lifestyle
  • National
  • News
  • Opinion
  • Review
  • Science
  • Space
  • Sports
  • Technology
  • Travel
  • Uncategorized
  • World

Recent News

Most Undervalued Crypto List – May 2025: VeChain (VET), Pi Coin (PI), Remittix (RTX) & Stellar (XLM)

Most Undervalued Crypto List – May 2025: VeChain (VET), Pi Coin (PI), Remittix (RTX) & Stellar (XLM)

May 23, 2025
Axis Max Life Achieves Highest-Ever Claims Paid Ratio of 99.70% in FY25; Surpasses 99% Benchmark for Sixth Consecutive Year

Axis Max Life Achieves Highest-Ever Claims Paid Ratio of 99.70% in FY25; Surpasses 99% Benchmark for Sixth Consecutive Year

May 23, 2025
  • About
  • Advertise
  • Careers
  • Contact
  • Science
  • Environment
  • Education
  • Guest Post on News 4 Social

© 2025 News4Social - All Rights Reserved. Guild King Pvt. Ltd. News4Social.

No Result
View All Result
  • News
  • Business
  • National
  • Sports
  • Lifestyle
  • Travel
  • Opinion
  • Cryptocurrency
  • Entertainment

© 2025 News4Social - All Rights Reserved. Guild King Pvt. Ltd. News4Social.

Advertising