Shiba Inu Coin Price Soars - Trader Unveils High-Gain Investment Strategy
Crypto trader Amir Rajpoot has issued a bullish "SHIB/USDT Trade Alert!" for Shiba Inu (SHIB), and his analysis aligns with current market sentiments indicating a potential rally for the popular meme coin.
Currently, SHIB is trading near $0.0000135, having shown approximately 14% gains in early August 2025. The price increase holds higher-timeframe support and demonstrates bullish momentum, which fits a bullish trade setup scenario.
Technical patterns such as a multi-year weekly triangle and a multi-month falling wedge suggest that breaking key resistance could lead to significant upward moves. Key price levels and predictions based on this bullish outlook include:
- Near-term targets around $0.00001435 to $0.00001678 within the coming weeks.
- A breakout above $0.000023 could open the path toward $0.00015, an all-time-high range representing potential gains exceeding 1,000% from current levels.
- Long-term projections toward 2030 estimate prices between $0.00002681 and $0.0000741, contingent on ecosystem growth, partnerships, and sustained community engagement.
However, it's essential to note that on-chain data shows mixed signals. While exchange supply of SHIB tokens has been dropping—indicating reduced selling pressure and supporting bullish momentum—there is a rising trend in "Spent Coin Age Bands," signalling that some long-term holders may be taking profits, which historically precedes price corrections.
Rajpoot's bullish call for SHIB is based on a strong bounce from support, a bullish structure forming, and solid risk/reward potential. His suggested buy zone is between 0.00001260 and 0.00001275, with a stop loss below 0.00001225.
The 24-hour trading volume of SHIB is $135.89 million, and the market capitalization is approximately $7.55 billion. The Shiba Inu price has increased by 0.23% over the past 24 hours, currently standing at $0.00001281.
Investors should monitor supply dynamics and on-chain indicators for risks of profit-taking that could trigger short-term corrections. It's always advisable to conduct your own research and consult with a qualified financial adviser before making any investment decisions.
The market situation presents a contrast: a slight actual price increase for SHIB alongside a trader's strong conviction of a significant upward move. Whether SHIB follows a more aggressive bullish path or continues its pattern of modest fluctuations will likely depend on broader market sentiment and a sustained increase in buying pressure.
[1] CoinDesk article on Shiba Inu's bullish outlook
[2] Financial Magazine article on Shiba Inu's potential rally
[3] Crypto Insider article on Shiba Inu's bullish outlook
[4] On-Chain Analysis of Shiba Inu's supply dynamics
[5] On-Chain Analysis of Shiba Inu's Spent Coin Age Bands
- Amir Rajpoot's bullish outlook for Shiba Inu (SHIB) aligns with several financial publications, suggesting that investing in SHIB could benefit from upcoming technological advances that might lead to significant upward moves, as indicated by technical patterns such as a multi-year weekly triangle and a multi-month falling wedge.
- To capitalize on the potential rally of Shiba Inu, it is crucial for technology-focused investors to closely monitor the current market sentiment, on-chain data, and sustain buying pressure while following a well-researched and strategic investing approach.
