Shiba Inu (SHIB) Faces Crossroads, Analyst Predicts 258% Surge if Key Technical Levels Are Breached

Shiba Inu (SHIB) has faced a challenging start to 2025, with a noticeable decline in price over the past few weeks.

Shiba Inu (SHIB) has had a rough start to 2025, with a noticeable decline in price over the past few weeks. However, according to a prominent crypto analyst, there may still be significant potential for bullish momentum if certain key technical levels are breached. The analyst predicts that Shiba Inu’s price could rise as high as $0.000081, representing a 258% increase from its current levels, but first, it will need to confirm a bullish breakout by breaking through critical resistance and reclaiming key support.

Key Levels to Watch for Shiba Inu’s Bullish Reversal

The analyst outlines that for SHIB to initiate a strong upward trend, the token must first break through two key levels:

If Shiba Inu successfully confirms a bullish pattern by breaking through these levels, the analyst believes that a significant upward trend could follow, with the price reaching as high as $0.000081. This would represent a 258% increase from SHIB’s current price of around $0.000021.

Possible Short-Term Dip Before the Uptrend

While the analyst is optimistic about SHIB's potential in the longer term, they also caution that a short-term dip may occur before the token begins its rally. According to TradingView analysis, Shiba Inu may experience a temporary dip to the $0.00001735 level before bouncing back and initiating the upward trend.

This dip would be part of a healthy market correction and could provide a buying opportunity for investors looking to accumulate more SHIB at a lower price point. After the dip, the analyst expects SHIB to regain momentum and begin a bullish reversal, eventually breaking through the $0.000032 resistance and reaching the key $0.000025 support level.

Potential 258% Surge on the Horizon

If Shiba Inu does indeed confirm the bullish breakout and reclaim both the $0.000032 resistance and $0.000025 support, the price could soar as high as $0.000081. This represents a 258% increase, a remarkable rally for any cryptocurrency. Such an increase would be fueled by a combination of factors, including renewed investor confidence, positive market sentiment, and the broader cryptocurrency market recovery.

The bullish projection hinges on the success of the upward breakout and the confirmation of the technical pattern. However, as with all cryptocurrencies, market conditions can be unpredictable, and there are no guarantees that SHIB will reach these targets.

Several external factors could play a role in determining the success of SHIB’s potential rally :

A bullish breakout from the descending channel pattern could provide further confirmation of the bullish trend and pave the way for SHIB to reach higher price targets. Keep in mind that this analysis is based on technical indicators and does not constitute financial advice. Always conduct your own research and assess the risks involved before making any investment decisions.