Shiba Inu Set for 43% Rally – Here’s Why It Could Happen

Although Shiba Inu (SHIB) has dropped by 1% over the past 24 hours, investors have reasons to remain optimistic. Technical indicators and investor behavior suggest SHIB may soon rebound toward $0.000021, representing a potential 43% gain from current levels. Last weekend’s rejection at $0.0000159 triggered a mild correction, but three strong signals now point to a possible price breakout.

🔺 1. Bull Flag Pattern Signals a Potential Breakout SHIB's daily chart is showing the formation of a bull flag — a classic chart pattern that often precedes major rallies. The flag has formed following a steep upward move, followed by a consolidation within a parallel channel. If SHIB successfully breaks above the upper boundary of this flag, analysts expect a 43% surge toward $0.000021, which would bring the token close to its yearly highs from March 2025. Moreover, a declining ADX (Average Directional Index) indicates that the recent downtrend is weakening. And while the RSI (Relative Strength Index) hovers around 50 — signaling neutrality — market sentiment remains cautiously bullish.

📣 2. Social Media Activity Is Booming For meme coins like SHIB, hype and visibility on social media are critical to price movements. And right now, this factor is working in SHIB’s favor: social volume has jumped 155% within 24 hours, according to data from Santiment. This mirrors early May, when a spike in social engagement preceded a 30% price surge in just a few days. If history repeats, SHIB could easily reach the $0.000021 target.

📉 3. On-Chain Metrics Indicate a Local Bottom Another key signal comes from the realized profit/loss metric for the SHIB network. This figure plunged from 104,000 to -652,000 in one day, suggesting that most holders are currently in the red — a condition often seen near market bottoms. Historically, such downturns in realized P/L have signaled trend reversals, followed by strong rebounds. The recent drop also coincides with a declining SHIB/DOGE ratio, further supporting the bullish case.

🔍 Summary: A 43% Rally in Sight? Despite short-term price weakness, the technical structure and on-chain indicators point toward an upcoming bullish breakout for Shiba Inu. 🔹 Bull flag pattern on the daily chart

🔹 Soaring social media mentions

🔹 Realized losses signaling capitulation Combined, these factors support the outlook that SHIB could soon hit $0.000021, representing a 43% increase from current price levels.

#SHIB , #Shibarium , #memecoin , #CryptoAnalysis , #CryptoPredictions

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies! Notice: ,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“