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Shiba Inu Ready for Explosive +100% Weekly Candle: Stats Scream Yes

By WebDeskAugust 19, 20253 Mins Read
Shiba Inu Ready for Explosive +100% Weekly Candle: Stats Scream Yes
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Shiba Inu is one of the strongest cryptocurrency tokens to have existed in space. The token has been documenting all sorts of volatility at the moment, noticing equal amounts of highs and lows in its price momentum. Despite the market environment favoring the altcoin surge, Shiba Inu continues to wait for its time, for its “lucky” price push that may compel the token to explore massive highs. In this wake, a new prediction predicts how the time is ripe for Shiba Inu to surge high, hitting the spot it wanted to explore for a long time. What does the statistic say about SHIB? Let’s find out.

Also Read: The Hard Truth: Shiba Inu May Slump Longer Than Expected

100% God Candle Surge On Cards: Details

SHIB gold hourglass gold
Source: Watcher.Guru

Per a recent TradingView analysis, Shiba Inu could turn the tables around for good if it manages to scale past its weekly support levels. Per MMB trader analysis on TradingView, Shiba Inu is strongly in line to explore new price highs, only if the token manages to scale past barriers in its place. In-depth, the analysis adds how SHIB is in queue to break out of the descending trendline to rather $0.000003364. This target can only be achieved if SHIB manages to scale past $0.000010 support, a price spot that SHIB has continued to cross over since January 2025.

“Two weekly supports. Which are $0.000010 & $0.000007, are strong enough to hold prices like past years, and I think soon those weekly +100% candles will surprise us here.”

Another TradingView analysis suggests a similar price hike for SHIB. Per PouyanTradeFX on Trading View, SHIB is on a path to target $0.00007 if it manages to break its trendline resistance again.

“As you can see in the chart, since the SHIBA cryptocurrency was released for trading. A trendline resistance has prevented it from increasing too much, and now we have encountered the same trendline again. The failure of this trendline in the weekly free time will increase the price of SHIB by at least 150%. And my first target for it is 0.000074. And if this trendline is rejected again, I expect the SHIBA cryptocurrency to fall to the 0.000011 area. To have a safe trade, wait and see what happens.”

Long-Term Price Forecast for the Token

With such bullish price predictions in place, the CoinCodex SHIB data adds to how the token is currently aspiring to hit big in the long term. The platform predicts SHIB to hit $0.00002851 by February 2026.

SHIB STATSSHIB STATS
Source: CoinCodex

“According to our current Shiba Inu price prediction. The price of Shiba Inu is predicted to rise by 123.21% and reach $ 0.00002851 by February 15, 2026. Per our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 60 (greed). Shiba Inu recorded 13/30 (43%) green days with 6.82% price volatility over the last 30 days. Based on the Shiba Inu forecast, it’s now a bad time to buy Shiba Inu.”

Also Read: Shiba Inu ERC-20: How These Tokens Work on ETH for DeFi & NFTs

Credit: Source link

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