Shiba Inu Eyes Potential 200% Surge as Analyst Predicts Fresh Bullish Momentum
Shiba Inu (SHIB) could be on the cusp of a significant upward movement, with a prominent analyst forecasting a substantial rally. According to technical observations by analyst Javon Marks, SHIB appears to have exited a prolonged accumulation phase and is poised to enter a new bullish cycle. This comes after a breakout in March 2024, which saw the token touch $0.000046, and a peak near $0.00003328 in December 2024 before a subsequent dip earlier this year.
Analyst Eyes Bullish Turn for SHIB
Javon Marks points to several bullish indicators, including "bullish divergences" detected on the MACD (Moving Average Convergence Divergence) earlier this year. Based on his analysis, Marks anticipates a return to the $0.000032 price zone. He specifically projects a potential 200% rally from current trading levels, aiming to retest this key resistance point. This prediction aligns closely with SHIB's recent trading activity, suggesting that breaking this threshold could pave the way for further gains.
Derivatives Market Signals Strong Investor Interest
Adding weight to the bullish sentiment, derivatives data reveals significant positioning in Shiba Inu contracts. Reports indicate approximately $76 million in open interest tied to SHIB, which saw a 15% surge over a recent weekend. This activity accounts for an outstanding futures exposure of 7.38 trillion tokens, with Gate.io alone contributing about 47% of this volume, roughly $36 million. Such substantial open interest suggests that traders are actively positioning themselves in anticipation of an impending price movement, highlighting heightened market conviction.
High Volatility, High Stakes
Shiba Inu's price history is marked by extreme volatility, presenting both considerable risk and opportunities for rapid gains. The token experienced a notable peak above $0.00003 in late 2024, only to plunge to approximately $0.0000075 during a flash crash in October 2025, before recovering to around $0.00001003. This volatile behavior underscores that while breaking past the $0.000032 resistance could attract more buyers and open up new trading possibilities, moves driven by sentiment and leverage can reverse quickly, leading to fast gains or losses. As momentum builds, investors and traders are advised to closely monitor technical signals and market dynamics.
