On crypto trading charts, a faint technical signal is prompting one analyst to issue a new Shiba Inu price prediction. Pointing to a ‘bullish divergence,’ he forecasts a nearly 180% price surge for the popular meme coin—a projection that, right now, pits the dry logic of market analysis against the wild, unpredictable energy of internet culture.
The forecast that caught fire across social media came from Javon Marks, a crypto analyst who shares his chart readings online. “$SHIB (Shiba Inu) has confirmed a clear Bullish Divergence with its MACD,” he wrote in a post accompanying his analysis.
This technical event, he claimed, “points to a nearly 180% upside for prices back to $0.000032.” In plain terms, while the coin’s price was falling, a key momentum indicator was trending up—a classic signal that selling pressure might be exhausted.
The analyst even suggested the move could be part of a bigger trend, adding that the rally “may only be the start of a much larger positive reversal.” For SHIB’s large and loyal community of holders, often called the “SHIB Army,” this was potent news.
They have weathered a long and brutal crypto winter that erased a massive portion of the token’s peak 2021 value, and here was a specific, data-backed reason for optimism.
What’s Behind This Shiba Inu Price Prediction?
But making any Shiba Inu price prediction has always been a shaky business. The token wasn’t born in a boardroom; it was created as a self-proclaimed “Dogecoin killer,” an experiment in decentralized community building that exploded into a global phenomenon.
Its historic, eye-watering ascent had almost nothing to do with technical fundamentals and everything to do with hype, viral marketing, and a tidal wave of retail investors hoping to catch lightning in a bottle.
This history is precisely why many market veterans treat such forecasts with a heavy dose of skepticism. Technical analysis works best in markets driven by established patterns of buying and selling.
Meme coins, however, operate on a different fuel source. Their prices can pivot entirely on a single Elon Musk tweet, a new internet meme, or a sudden shift in the collective mood of online forums. A perfectly formed bullish divergence could mean little if the culture moves on.
Ultimately, the current situation is a fascinating test case. It places the methodical, data-driven world of trading against the chaotic, sentiment-driven reality of a meme coin.
For those still holding SHIB, it’s a tangible reason for hope. For everyone else, it’s a ringside seat to a battle between the chart and the crowd.
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Yona has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Daily is an official media and publication of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.