🔥👑 SHIBA INU

Analysts Outline 3 Catalysts For Shiba Inu Eruption To Highly-Anticipated $0.0003 SHIB Price

Despite the recent market turbulence that pushed Shiba Inu (SHIB) to a 13-month low of $0.0000010 on Monday, popular crypto analyst Luckside Crypto has identified three key catalysts that could drive the popular meme coin toward a significant price recovery, potentially reaching $0.0003.

In a Monday video, the analyst acknowledged being wrong about SHIB’s higher low formation but highlighted several positive developments against broader crypto market instability.

SHIB’s technical indicators also show promising signs. The cryptocurrency has successfully bounced off its long-term support level around the $0.000011 line and maintains strength against Ethereum despite ETH’s ongoing weakness against Bitcoin. This relative strength demonstrates SHIB’s ability to outperform once market conditions stabilize.

Market analysts attribute the recent crypto downturn to macroeconomic factors, particularly escalating trade tensions following President Trump’s announcement of new tariffs on Chinese imports. However, Luckside Crypto remains optimistic about SHIB’s future.

For SHIB to begin its climb toward $0.00003 (180% surge), it must first reclaim and hold above the $0.000015 resistance level, which coincides with its 50-day moving average. With growing institutional interest, loyal retail holders, and decreasing available supply, SHIB appears positioned for a potentially significant upside once broader market conditions improve.

At press time, $SHIB was trading at $0.00001224, reflecting a 2.63% surge in the past 24 hours.