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Could Shiba Inu Triple? Analyst Sees 200% Move Coming


Could Shiba Inu Triple? Analyst Sees 200% Move Coming

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According to technical commentary from analyst Javon Marks, Shiba Inu appears to have left a long accumulation zone and may be entering a fresh bullish phase. The token first showed a breakout in March 2024 and pushed up toward $0.000046. It reached about $0.00003328 on December 8, 2024, before falling hard in 2025.

Analyst Points To Accumulation Breakout

Marks highlights early bullish signals, including what he calls bullish divergences on the MACD that showed up earlier this year. Based on reports, he expects a move back into the $0.000032 area.

He even projects a potential 200% rally to that level from where the token trades now. From the current quoted price of $0.00001009, a push to $0.000080 would mean a rise of roughly 700% by his estimate. Those are large swings. Traders should note the math.

Derivatives Activity Shows Traders Positioning For A Move

Derivatives data adds another dimension. Reports show about $76 million in open interest tied to Shiba Inu contracts. Open interest jumped 15% over the weekend, and exchanges recorded 7.38 trillion tokens as outstanding futures exposure.

Gate.io accounted for 47% of that total, which equals about $36 million on that platform alone. On a day of rising bets, SHIB hit a high of $0.00001032.

Volatility Has Been Extreme

SHIB’s path since December 2024 has been bumpy. After peaking above $0.00003 in late 2024, the token plunged to roughly $0.0000075 during the flash crash on October 10, 2025. It later recovered to about $0.00001003. Rapid moves like these show both the risk and the chance for big short-term gains. Positions in futures can make price swings bigger.

What The Signals Might Mean For Traders

According to the chart reading, breaking past $0.000032 would open a clear resistance band and could attract more buyers. Some market players will treat that level as a key test. Others will watch open interest and exchange concentration for signs of overstretch. Moves driven by sentiment and leverage can reverse quickly. Gains may be fast. Losses can be fast too.

Based on reports and the analyst’s posts, momentum appears to be building. But this is a trader-led setup more than a proof of long-term value. Technical signals, heavy derivatives exposure, and past wild swings all matter.

Investors and traders should weigh the numbers: $0.000045, $0.00003329, $0.000032, $0.00001003, $0.0000075, $76 million, 15%, 7.38 trillion, and 47.13% are all part of the story.

Featured image from Unsplash, chart from TradingView

Read the article at NewsBTC

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In This News

Coins

$ 71.10K

-3.29%

$ 0.0764

-0.88%

$ 0.00903

+6.95%

$ 0.00...361

$ 0.000207


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See what traders are focused on

View analytics →
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