Shiba Inu (SHIB) Price: Technical Analysis Predicts 528% Surge to $0.000081

TLDR

• Technical analyst Javon Marks predicts a 528% surge for SHIB, potentially reaching $0.000081
• SHIB currently trades at $0.0000129, down 0.4% from intra-day high
• Hidden bullish divergence is forming on SHIB’s chart, signaling underlying strength
• Token burn activity has increased with 2.2 million tokens burned in 24 hours (278.42% increase)
• Conflicting data shows bearish sentiment in funding rates but possible accumulation phase with exchange outflows

Shiba Inu, the popular meme cryptocurrency, is showing mixed signals in recent market activity. While some technical analysts remain highly optimistic about its future price action, short-term indicators suggest bears may be gaining control.

Currently trading at $0.0000129, SHIB has experienced a minor dip of 0.4% from its intra-day high.

This price point represents a critical juncture for the token, as it marks the mid-range level in a two-month trading pattern. The failure to hold this support level has raised concerns among some market watchers.

Despite recent weakness, technical analyst Javon Marks maintains a strongly bullish outlook. His analysis suggests SHIB could surge by 528%, potentially reaching $0.000081 in the near future.

Marks bases this projection on SHIB’s technical setup and accumulation patterns following a successful retest of a breakout level. The token rallied to a seven-month high of $0.00003329 in December 2024 before pulling back to $0.0000108.

Shiba Inu Price on CoinGecko

This correction, according to Marks, was part of a normal technical structure that sets the stage for a more substantial rally.

A key factor supporting the bullish case is the hidden bullish divergence forming on SHIB’s chart. This technical pattern often signals underlying market strength even when short-term indicators suggest weakness.

The divergence typically occurs when price maintains higher lows while momentum indicators form lower lows, signaling a potential continuation of the existing trend.

On-Chain Metrics Show Mixed Signals

On-chain data presents a more complex picture of SHIB’s market dynamics. Exchange net position change has remained negative since January 2025, indicating more tokens leaving exchanges than entering them.

This metric is often interpreted as reduced selling pressure and increased accumulation.

However, funding rate data reveals rising bearish sentiment in recent days, with the rate dropping below zero. Open Interest has also fallen since April 26, suggesting weakening bullish conviction.

The mean coin age metric has lacked a strong uptrend over the past month, unlike the January-March period when it showed clear network-wide accumulation.

Active address data shows a surge in early May followed by declining activity, which could represent either selling pressure or, when combined with exchange outflows, strategic accumulation.

The 30-day MVRV (Market Value to Realized Value) has moved into negative territory. Some analysts interpret this as an early sign that selling pressure from short-term holders may be subsiding.

Token burn activity has emerged as another positive factor for SHIB. Recent data from Shibburn reveals 2,219,043 tokens were burned in a 24-hour period, representing a 278.42% increase in burn rate.

Over the week, an even more dramatic 313,950,965 tokens were removed from circulation, marking a 324.14% increase in the burn rate.

The burn mechanism reduces SHIB’s circulating supply, which can support price appreciation when combined with steady demand.

Long-term holder behavior also presents a positive signal. The number of investors holding SHIB for over a year has steadily increased since mid-2022 and continues to rise in 2025.

Meanwhile, short-term traders (those holding for less than a month) have decreased by 36.5%. Medium-term holders, or “cruisers,” have grown by 3.15%.

This shift in holder composition suggests SHIB is maturing as an asset, with investors adopting longer time horizons rather than speculative short-term positions.

The token is currently trading within a two-month range formation, with price action suggesting bears are gaining control in the short term.

After falling below the mid-range support at $0.0000129, SHIB appears more likely to test range lows before attempting to challenge range highs.

Recent reports have highlighted selling pressure from whale wallets, adding to the bearish short-term outlook.