- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
SHIB Technicals Hint at Massive 500% Surge After Extended Downtrend
By: cryptofrontnews|2025/05/05 05:00:04
0
Share
Shiba Inu targets $0.000081 with a bullish setup supported by breakouts, retests, and a hidden bullish divergence from 2023 patterns.SHIB eyes a 500% rally as it holds support near $0.000013, showing resilience after a multi-wave decline and strong recovery signs.With 44 bullish candles in 75 bars and rising volume, SHIB shows technical strength that aligns with long-term breakout projections.Shiba Inu (SHIB) remains on track for a breakout toward $0.000081, representing a projected 500% price surge. This forecast, shared by analyst Javon Marks, reflects a bullish long-term outlook. SHIB currently trades near $0.000013, below its peak but well above its cycle lows. According to Marks' technical view, the roadmap to this target remains intact despite previous volatility.The TradingView data highlights SHIB's multi-year behavior from 2021 to projected 2027. It identifies key support and resistance levels, notably $0.000053 and $0.000081. The analysis centers on major technical patterns including breakouts, hidden bullish divergence, and retests. These indicators often signal strong trend reversals.Historic Surge and Multi-Wave DeclineShiba Inu exploded in early 2021, soaring to $0.0000735—a jaw-dropping 975% gain. This rally marked its all-time high. However, the surge was followed by a steep correction. SHIB declined in three clear downward waves across late 2021 and early 2022. Each wave brought progressively lower lows. Consequently, the price eventually found strong support near the $0.000008 level.Source: Javon MarksBesides the correction, SHIB formed a major breakout mid-chart. This event reversed the bearish trend temporarily. It was followed by a crucial retest phase, which successfully held previous support levels. Moreover, the chart identified a “Hidden Bullish Divergence,” which often precedes bullish momentum.Recent Recovery and Current SetupAfter bottoming out, SHIB began a volatile recovery through 2023 into 2024. The price formed several swing highs and lows during this phase. Currently, the token trades around $0.000013, well below the all-time high but showing relative strength.Additionally, the analysis emphasizes recent bullish activity. SHIB recorded 44 bullish bars out of 75, with volume at 78.74. This suggests increased interest and buying pressure at current levels. Hence, the technical setup continues to support the bullish narrative.The post SHIB Technicals Hint at Massive 500% Surge After Extended Downtrend appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
You may also like
Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market
In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."
Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"
Every trend here is affecting everyone's future survival.
Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious
In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.
The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday
The most important industry in the crypto world, only 300 kilometers away from the missile's impact point
Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.
The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.
The world belongs to Chinese people who speak English
The world is vast, and only playing half of it is truly a loss.
Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth
Bitcoin is digital capital, and I will spend a thousand hours explaining it to you. Eventually, you will understand, but you will still have to endure a 45% crash.
Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot
This is a key step in Virtuals expanding the Agent Economy into the Embodied AI and Robotics field.
Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply
The Truth about Stablecoin Circulation Speed, Concentration, and Structure After Doubling the Supply
Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer
It took Paradigm three years to emerge from the ruins of FTX.
Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?
This is more like a manifesto, discussing "the very reason we are here."
$1.3 Billion Debt: BitDeer Faces Tough Battle
Wu Jihan is waiting for AI's money to catch up with the speed of debt.
Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No
In the AI Era, what is the most valuable thing?
Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund
Emerging from the ruins of FTX, Paradigm took three years
Ethereum Unveils Scaling Roadmap, What's Different This Time?
Short-term improvements to execution efficiency through the Gas mechanism optimization and block validation parallelization, and long-term scalability through ZK-EVM and blobs data architecture.
Anthropic Ban Wave, OpenAI $100 Billion Funding Controversy: What Is the Overseas Crypto Community Talking About Today?
What Have Foreigners Been Most Interested in Over the Last 24 Hours?
Morning News | OpenAI receives $110 billion investment; Solana launches Solana Payments; M0, MoonPay, and PayPal jointly launch PYUSDx
Overview of Important Market Events on February 27
Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market
In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."
Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"
Every trend here is affecting everyone's future survival.
Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious
In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.
The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday
The most important industry in the crypto world, only 300 kilometers away from the missile's impact point
Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.
The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.
App