- SHIB holds $0.00001273 with divergence confirmation, signaling a possible +150% rally to $0.000032.
- MACD momentum and RSI near 50 support breakout conditions, with $0.00001200 as critical support.
- Analysts link SHIB’s long-term path to Bitcoin’s trajectory, projecting highs up to $0.0003403.
With Shiba Inu’s divergence confirmation, a massive bullish reversal could still be well in the cards. The move may consist of an approximately +150% run to $0.000032, at perhaps the least. At the time of writing, Shiba Inu was trading at $0.00001273, showing steady support near current levels.
Divergence Confirmation and Bullish Setup
Shiba Inu’s chart shows price consolidation after a cycle peak in early 2024. Following a sharp retracement, rallies formed with lower highs, though the structure also displayed higher lows, reflecting steady accumulation. According to Javon Marks, the latest divergence confirmation positions SHIB for a large recovery phase.
The MACD indicator has shown convergence with strengthening momentum. This technical alignment, paired with neutral RSI readings near 49.99, suggests conditions for a breakout. The support level at $0.00001200 remains key, while resistance is observed around $0.000032. A confirmed move through resistance may open a strong upside path.
Historical moves confirm that sharp expansions have followed prolonged consolidation phases. Early 2024 displayed this pattern, where accumulation transitioned into fast rallies. Current market conditions appear to mirror this setup, creating the potential for a similar continuation toward higher levels.
Price Targets and Market Outlook
Volume data from Binance recorded $9.69 million in 24-hour trading, showing healthy activity. According to Carl Moon, SHIB’s chart also suggests a horizontal triangle forming on the daily timeframe. This projection estimates a breakout target of $0.00001600 if current support holds.
The bullish case outlines a +150% advance toward $0.000032, with stretch projections extending further if momentum accelerates. Longer-term scenarios also connect SHIB’s outlook with Bitcoin’s trajectory. If Bitcoin reaches projected levels of $1.3 million or $2.97 million by 2035, analysts suggest SHIB could reach $0.0001489 or $0.0003403.
Key risk levels remain below $0.00001200, as a breakdown could push price toward $0.00001100. However, analysts emphasize that maintaining support combined with divergence signals presents favorable conditions. With whale activity and Shibarium development adding to sentiment, SHIB remains positioned for a possible breakout phase.
