Shibalnu

Crypto analyst Maddox (via TradingView) has delivered an ultra‑bullish forecast for Shiba Inu, projecting a 126% rally from current levels to $0.00003579, following SHIB’s recent milestone of overtaking Litecoin in market capitalization to claim the 18th rank among cryptocurrencies .
Key drivers fueling this surge include:
1. Weekly RSI Bullish Divergence
Maddox points out that SHIB’s weekly Relative Strength Index (RSI) has printed a confirmed bullish divergence—often signaling a shift in trend momentum .
2. Breakout Above Weekly 200 EMA
SHIB is currently pushing past its weekly 200‑period exponential moving average—another classic technical indicator of renewed upward potential .
3. High‑Volume Node Resistance Cleared
A critical volume cluster lies just above the current price. Successfully breaking this barrier may open the path to the pivot zone at $0.00001774, followed by the high-volume node at $0.00003579 .
4. Fibonacci ‘Golden Pocket’ Retest
SHIB completed a favourable retracement to the 0.786 Fibonacci level—sometimes called the ‘golden pocket’—signalling a strong foundation for bulls .
5. Correlated Meme-Coin Strength
Notably, Dogecoin surged ~38% in the past week, and SHIB followed suit with a ~16% rally—strengthening the narrative that meme‑coin momentum may be broad‑based .
Additionally, analyst Javon Marks aligns with this outlook, suggesting SHIB could reach $0.000032 (+100–135%) in the near term based on similar RSI divergence signals .
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Predictions of $SHIB reaching $0.000018 by July 28, 2025
Current Price: Around $0.000015
24h Change: Generally down (6% to -3.84%)
7d Change: Up (+38% this month, +12.5% over past week)
Market Cap: N/A (but close to Bitcoin Cash in market cap, around $1.4 Billion away)
Trading Volume: Around $451 Million to $529 Million (24h)
Key Observations: High burn rate (e.g., 883% surge in burn rate), strong community, technical signals suggest potential for breaking resistance levels ($0.000017 - $0.000018).
Technical Analysis
Mixed signals but leaning bullish. Holding key support levels. Potential for a renewed bullish phase if it breaks upward out of current patterns. Some predictions of reaching $0.000018 by July 28, 2025, and even $0.00008 by year-end. Cross above 200 EMA suggests a bullish trend. Resistance at $0.00001556, with a potential breakout to $0.00001671.
Market Sentiment
Positive, with strong community support and high burn rates. Whale accumulation and rising open interest indicate growing confidence. However, some profit-taking is observed.
Analysis
Shiba Inu, despite experiencing some price consolidation, shows strong underlying bullish momentum. The significant increase in its burn rate, coupled with a highly engaged community, creates a deflationary pressure that can positively impact its price. Technical indicators suggest that SHIB is nearing a breakout from its current resistance levels, with potential targets around $0.000017 to $0.000018. The recent cross above its 200-day Exponential Moving Average (EMA) is a crucial bullish signal, indicating a shift towards an upward trend. Rising open interest in SHIB futures also points to increasing speculative interest and potential for further price appreciation. While volatility is inherent in meme coins, SHIB's strong community and ongoing development (e.g., Shibarium) provide a solid foundation for short-term gains.
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Shiba Inu Sees 3.5% Drop in Open Interest as Price Consolidates

Shiba Inu ($SHIB ) has experienced a notable dip in open interest over the past 24 hours, signaling a slowdown in trading momentum. As the price enters a consolidation phase, SHIB—along with other major cryptocurrencies—faces moderate market volatility.

According to data from CoinGlass, Shiba Inu’s open interest has declined by 3.5%, falling to 19.18 trillion SHIB in total futures positions. This equates to approximately $299 million at the current market price, marking a clear drop from the previous day's figures.

Such a decrease in open interest typically indicates that traders are either exiting their positions or hesitating to open new ones—often driven by uncertainty, fading confidence, or a lack of strong price movement.

$SHIB Price Drops 5.2% as Trading Volume Plummets, But Long-Term Momentum Holds

As expected, the downturn in Shiba Inu’s futures market has started to weigh on its spot price. At the time of writing, SHIB is trading around $0.00001414—marking a 5.2% decline over the past 24 hours. Trading volume also took a significant hit, dropping by over 32% to $361 million, a sign that investor interest is cooling in the short term.

Despite the recent dip, $SHIB remains up 3.5% over the past week and 32.9% over the past month, suggesting the asset is currently in a consolidation phase. If volume begins to pick up again, it could pave the way for a renewed rally.

The drop in open interest and price comes amid a broader market pullback, with Bitcoin and major altcoins also facing moderate declines.

Meanwhile, the Shiba Inu team remains optimistic. They recently reassured the community that SHIB is on track to set new records this market cycle, citing strong fundamentals and growing ecosystem support.

Shiba Inu Holder Predicts 800% Rally Amid Surge in Burn Activity

A member of the Shiba Inu community, known as a Shibizen, has predicted that SHIB could soar by 800%, mirroring its explosive gains during the 2021 bull run. This bold forecast comes as burn activity within the SHIB ecosystem sees a notable uptick.

Shiba Inu’s burn mechanism plays a crucial role in its deflationary strategy, aiming to reduce the token's circulating supply. By intentionally decreasing supply, the goal is to boost demand and potentially drive SHIB’s value higher over time.

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