Shiba Coin Price Prediction: Bullish Divergence Hints at 570% Rally Ahead

Shiba Inu has been quietly building strength behind the scenes, and technical analysts are starting to take notice. The popular meme coin is displaying some compelling chart patterns that suggest we might be on the verge of a significant price movement. With key technical indicators aligning and momentum starting to shift, SHIB could be preparing for its next major rally.

SHIB Price Signals Bullish Divergence

The Shiba Inu chart is flashing some really interesting signals right now. There's a clear bullish divergence showing up on the MACD histogram - and this pattern usually comes before some serious price action. Based on what we're seeing, this setup could drive an initial 163% rally that would push SHIB back up to around $0.00003.

Crypto analyst @JavonTM1 has been tracking this setup and thinks SHIB looks ready to break out in a big way. He's pointing out that the coin isn't just holding above important support levels - it's actually building momentum that could kick off a major bullish run.

If this momentum keeps building, Shiba Inu could go way beyond that $0.00003 level. The technical analysis suggests we could see a massive 570% rally, potentially taking SHIB all the way up to $0.000081. That would be one of the biggest moves we've ever seen from SHIB and would definitely get people's attention.

We've seen before how fast meme coins can move once they break through key levels. Right now, traders are keeping a close eye on SHIB to see if this breakout actually happens, because the potential gains are pretty substantial.

What Traders Should Watch Next

The first big test is getting above $0.00003. If SHIB can close strongly above this level, it would confirm that the bullish setup is real and open the door to much higher prices. From there, that $0.000081 target starts looking realistic.

Of course, traders need to stay alert for any signs that this setup might not work out. But with the bullish divergence now confirmed, the technical picture is definitely leaning toward higher prices ahead.