Shiba Inu on the Cusp: Can SHIB Unlock a 589% Surge?

Key Points

1. SHIB is trading near $0.00001328, with a 4.64% increase in the past 24 hours and a 7.77% gain over the past month.

2. The price range between $0.00001090 and $0.00001190 is a critical demand area for SHIB's trajectory in 2025.

3. If SHIB remains above $0.00001190, resistance levels are projected at $0.00001580, $0.00001940, $0.00002400, with long-term targets at $0.00007870 and $0.00008836, representing gains of 514% to 589%.

4. A drop below $0.00001090 could indicate weakness, while a bullish divergence on SHIB’s two-day chart projects a potential move to $0.000032, about 156% higher.

5. Analysts note SHIB is consolidating between $0.00001050 and $0.00001250, a historically strong buying interest range, with some projecting a rise to $0.00007636 if market cap reaches $45 billion.