Shiba Inu price may continue to rise, predicted to rise to $0.00005, $0.0001 and $0.0002
Recent analysis published on TradingView is optimistic about the prospects of Shiba Inu (Shiba Inu Coin), predicting that its price will rise sharply in the future. Based on current market conditions and trends, analysts predict that the price of SHIB may climb to $0.00005, $0.0001, or even $0.0002.
Optimistic basis for SHIB
Analyst Santana pointed out that Shiba Inu has entered a bullish phase since bottoming out in June 2023. Looking back at the bear market in 2022, SHIB bottomed out at $0.00000543 in the market decline, which was also its lowest point in more than two years. However, this bottom marked the beginning of a recovery. After that, the price of SHIB rose sharply in March 2024, confirming the first stage of the bull market.
At the beginning of 2024, SHIB reached its highest point in two and a half years, reaching $0.000045, but then entered a correction phase, with the price hitting a low of $0.00001078 in August 2024. It is worth noting that this low is still higher than the low in June 2023, indicating that Shiba Inu is still in a bullish trend.
Shiba Inu's Growth Potential
Although SHIB may fluctuate in the short term, its long-term prospects remain positive. In the short term, it may experience a small retracement, but each decline will be followed by a higher low and higher high, which will further extend its bullish cycle.
According to the chart analysis, Shiba Inu may first reach $0.00005682, which is a 205% increase from the current price. Subsequently, the price may further increase to $0.00013994, an increase of 654%, and finally climb to $0.00022321, with a cumulative increase of 1,111%. SHIB is expected to hit new highs in the third or fourth quarter of 2025, which is consistent with the growth acceleration phase of the bull cycle.
Key turning point in the market
March 2025 will be a key turning point in the market, when the bull market will become more obvious to most traders and investors. Thereafter, market sentiment will further drive prices higher and may form new all-time highs.
As the outlook for Shiba Inu becomes increasingly optimistic, investors have the opportunity to capture its potential upside in the coming years. The market is about to usher in a critical moment, get ready to act!