It seems that October may finally end up displaying significant Shiba Inu activity, as the token seems to be targeting new price highs lately. Experts have started to develop new theories, aiding SHIB’s new price spike scenarios, with one prominent SHIB development pointing towards a high of $0.0000205.
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Shiba Inu Triangle Setup: Details
Shiba Inu has long been stuck at a price range of $0.0000012 to $0.000013. The token has spent the majority of its time vegetating, unable to show off some of its price moves that the token is exclusively known for. However, it seems that the tables may turn towards a new direction soon, with SHIB surging and targeting a spree of new highs.
According to Jonathan Carter, a leading cryptocurrency expert, Shiba Inu is currently consolidating within the descending triangle structure. If SHIB can manage a successful bounce and leverage the support, the token can easily scale a spree of new highs, including $0.00001420, $0.00001600, $0.00001850, and $0.0000205.
“#SHIB Triangle Creating Opportunity. Shiba Inu is consolidating within the descending triangle pattern on the 2D chart 💁♂️. If a successful bounce from the $0.00001200 support occurs. We could see the price climb toward targets at $0.00001420, $0.00001600, $0.00001850, and $0.0000205🚀.”
October for SHIB?
According to CoinCodex SHIB stats, the token may surge to hit a new high of $0.00001475 by the end of October 2025, mirroring Carter’s prediction.
“According to our current SHIB price prediction. The price of Shiba Inu is predicted to rise by 16.31% and reach $ 0.00001475 by November 1, 2025. Per our technical indicators, the current sentiment is neutral, while the Fear & Greed Index is showing 64 (greed). SHIB recorded 17/30 (57%) green days with 5.08% price volatility over the last 30 days.”
Also Read: Analysts Debate: Will Shiba Inu Come Back After Massive Price Decline?
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