Summary: Analyst Predicts Explosive 126% Shiba Inu Rally After SHIB Surpasses Litecoin Market Cap

Get ready for a potentially explosive surge in the crypto world, as Shiba Inu (SHIB) is making headlines with bold predictions from leading analysts. Following its impressive feat of surpassing Litecoin (LTC) to claim the 18th spot by market capitalization, SHIB's community is buzzing with optimism. Crypto analyst Maddox has issued a highly bullish outlook, forecasting a staggering 126% rally for Shiba Inu, potentially propelling its price to $0.0003579. This optimistic projection is rooted in technical indicators, including a confirmed weekly bullish divergence in SHIB's Relative Strength Index (RSI). The meme coin is now challenging the crucial weekly 200-period Exponential Moving Average (EMA) resistance, a key hurdle for further upward movement. Maddox highlighted that SHIB has successfully completed its retracement to the "alt-coin golden pocket," specifically the 0.786 Fibonacci retracement level, indicating strong foundational support for a rebound. Despite a lingering bearish divergence on the weekly RSI, the analyst anticipates a powerful "thrust high" to invalidate it, reinforcing the sentiment that this is firmly a "MEME season" for cryptocurrencies. This bullish sentiment is echoed by other prominent analysts. Javon Marks previously predicted a 135% surge for SHIB to $0.000032, driven by similar bullish divergence signals. Additionally, Friederich suggested SHIB could retest its all-time high of $0.00008845, with charts pointing to a possible target of $0.00008032. The current market buzz is further fueled by Dogecoin's (DOGE) recent 38% gain, with SHIB expected to follow suit given the historical correlation between these leading meme coins. As SHIB currently trades around $0.0000151, the stage appears set for an exciting period for its investors.