Shiba Inu Price Eyes 1,346% Surge After SHIB Forms Rare Bullish Pattern

A crypto analyst, pseudonym illagodzilla, has sparked excitement in the Shiba Inu community with a bold prediction of a massive Shiba Inu rally. Citing technical indicators and historical patterns, the analyst suggests the meme coin is approaching a powerful reversal point.  With the Shiba Inu price currently hovering around $0.00001226, a carefully outlined buy zone and potential quadruple-digit gains have positioned this moment as a key opportunity.

SHIB Poised for Breakout After Consolidation

Current technical indicators suggest that SHIB may be preparing for a large move. The current daily chart reveals that SHIB has entered a phase of tight consolidation after retreating from its February highs. The Shiba Inu price sits at $0.00001226, showing a slight daily drop of -0.24%. The Relative Strength Index (RSI) at 49.77 remains neutral. It is indicating a potential reversal if upward volume builds.

Chart 1 –  SHIBA INU/USD live price, published on TradingView, April 19, 2025.

Meanwhile, the MACD indicator supports this cautious optimism. With the histogram nearly flat and the MACD and signal lines converging, the technical indicator suggests a decision point is near. If the bullish pattern completes, it could affirm SHIB price prediction models targeting a strong breakout.

Will This Pattern Trigger a SHIB Explosion?

According to illagodzilla, SHIB is forming a bullish double bottom structure on the monthly chart. It is considered a powerful technical pattern often preceding major upside. The first bottom appeared in June 2023, followed by a rebound to March 2024’s high of $0.00004567. After a 73% retracement from that level, the second bottom is now in formation. This structure is what underpins the current SHIB price prediction.

Chart 2 – SHIB Long-Term Monthly Analysis, published on TradingView, April 19, 2025.

The strategic entry point, identified as $0.00000808, is the base of the W-shaped pattern. The analyst calls this level a “big bang buy” zone. This zone is providing an ideal opportunity for dollar-cost averaging. It also aligns with the general sentiment surrounding meme coin cycles. 

Two future price targets are defined if the double bottom completes. A 640% rally to $0.00008854, revisiting SHIB’s all-time high. The second is an aggressive 1,346% rise to $0.000173, setting a new record. This roadmap has not only gained traction among retail traders but is also endorsed by other analysts.

SHIB’s Path Forward: Momentum Meets Vision

SHIB is gaining nearly 2% amid broader market volatility. Analysts remain confident in the Shiba Inu rally narrative. They are citing strong fundamentals and upcoming project announcements. The token’s evolving use case within the Shibarium ecosystem further strengthens the bullish case for a sustainable rise in value. Traders are monitoring SHIB price trends for confirmation of the double bottom, which would ignite bullish momentum across the board.

Final Thoughts: Is the SHIB Storm Coming?

The current Shiba Inu price action may just be the break before a huge rise. With strong technical patterns forming and a clear strategic entry point outlined, SHIB appears poised for a substantial breakout. As the crypto market eyes potential uptrends, both traders and investors should keep a close watch on this meme coin. It will be a quiet buildup today that could lead to the most talked-about Shiba Inu rally of the year tomorrow. The ongoing signals suggest it’s time to reevaluate SHIB price prediction strategies and prepare for what could be a historic run.

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