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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