{"id":27307,"date":"2025-05-17T16:31:34","date_gmt":"2025-05-17T16:31:34","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=27307"},"modified":"2025-05-17T16:31:34","modified_gmt":"2025-05-17T16:31:34","slug":"shiba-inu-1000-day-consolidation-to-end-in-400-pop-to-new-all-time-highs-analyst","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=27307","title":{"rendered":"Shiba Inu 1,000-Day Consolidation To End In 400% Pop To New All-Time Highs \u2013 Analyst"},"content":{"rendered":"
\n

Crypto analyst Andy has predicted that the Shiba Inu price could soon rally to new all-time highs (ATHs)<\/a>. He remarked that the meme coin appears poised to break out from a 1000-day consolidation pattern, which could spark this parabolic rally.\u00a0<\/p>\n

Shiba Inu Set For Potential Breakout After 1000-Day Consolidation<\/h2>\n

In a TradingView post<\/a>, Andy stated that Shiba Inu appears poised for a potential breakout, mirroring XRP\u2019s historical price action. He revealed that SHIB has reached the 1.618 Fibonacci time extension<\/a> after consolidating for almost 1,000 days. The analyst noted that this significant technical indicator is often associated with trend reversals.<\/p>\n

Andy remarked that the chart structure shows similarities to XRP<\/a> before its rally to previous highs, suggesting Shiba Inu could repeat this same price action. Another bullish pattern he highlighted for SHIB is the inverse head-and-shoulders pattern, which is forming on the daily timeframe. The analyst noted that this bullish reversal setup indicates potential upward momentum.\u00a0<\/p>\n

He also stated that, as a \u201cforgotten\u201d meme coin, Shiba Inu could still see renewed interest. He believes positive ecosystem developments like Shibarium upgrades, token burns<\/a>, and the TREAT and SHI tokens launch could act as fundamental triggers.\u00a0<\/p>\n

\"Shiba<\/p>\n

Andy added that the diminishing exchange supply and broader market sentiment, like this bull run being a Bitcoin supercycle, could further support a rally. Such a rally could be similar to XRP\u2019s unexpected surge on positive news.\u00a0<\/p>\n

Shiba Inu\u2019s token burns<\/a> have sparked mixed sentiments as the number of tokens burned daily remains inconsistent. On May 16, the burn rates declined by 100%. However, it has risen by 106,000% in the last 24 hours, with 15,330,933 SHIB burned during this period. Meanwhile, the burn rate is also up 163% in the last seven days, with 136 million tokens burned during this period.\u00a0<\/p>\n

SHIB Showing Notable Strength\u00a0<\/h2>\n

In an X post, crypto analyst Javon Marks<\/a> stated that Shiba Inu has been showing notable strength, recovering nearly 30% in the past few days. He added that this price recovery could only be the beginning for the meme coin. The analyst predicts that SHIB\u2019s price can quadruple with a divergence hinting at at least 105% additional recovery and a breakout target of $0.000081.\u00a0<\/p>\n

Crypto analyst SHIB Knight also provided a bullish outlook for the Shiba Inu price. In an X post, he stated that SHIB is forming a falling wedge pattern and that the target is the psychological $0.00002 price level<\/a>. A rally to this level could set the stage for the meme coin to rally to new local highs.\u00a0<\/p>\n

At the time of writing, the Shiba Inu price is trading at around $0.00001438, down almost 5% in the last 24 hours, according to data<\/a> from CoinMarketCap.<\/p>\n

\"Shiba<\/div>\n","protected":false},"excerpt":{"rendered":"

Crypto analyst Andy has predicted that the Shiba Inu price could soon rally to new all-time highs (ATHs). He remarked that the meme coin appears poised to break out from a 1000-day consolidation pattern, which could spark this parabolic rally.\u00a0 Shiba Inu Set For Potential Breakout After 1000-Day Consolidation In a TradingView post, Andy stated […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-27307","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/27307","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27307"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/27307\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}