Shiba Inu (SHIB) Price Prediction: SHIB Eyes $0.000017 As Whale Inflows Surge

Key Insights:

• Shiba Inu price targets $0.000017 as bullish patterns confirm breakout signals.
• Whale inflows surge 643% as SHIB gains momentum.
• Key resistance levels could define the next major move for SHIB.

Shiba Inu (SHIB) is hitting some heavy gains as large investors continue to accumulate. In the last 30 days, large inflows into upper-range SHIB addresses have soared 643%.

The rising inflow indicates increased participation of major investors. Increasing capital investment pushes SHIB price as it approaches its vital resistance points.

Analysts observed massive breakout patterns that might trigger a massive rally. According to Shiba Inu price prediction, there is an increased expectation of a price surge upwards, and it may reach $0.000017 in the coming few months.

Analyst Identified Falling Wedge Breakout for Shiba Inu Price

Shib Spain recently highlighted a confirmed breakout from a falling wedge pattern. This structure typically forms during the final stages of a downtrend.

It develops as prices consolidate within a narrowing range, creating downward pressure. This setup often signals a sharp upward breakout once resistance is breached.

On the daily chart, Shib Spain noted that SHIB price recently broke above the descending trendline. This trendline had been capping its price since late 2024. The breakout triggered renewed buying interest, pushing the price toward the $0.00001400 level.

This zone is significant because it aligns with the 200 EMA. The moving average is a widely watched trend indicator that SHIB has not tested since its corrective downtrend began earlier this year.

If this breakout holds, the next immediate target is the $0.00001600 zone. This threshold corresponds to the peak of the wedge formation. This level is also a vital psychological level for SHIB traders. If the price keeps increasing beyond this point, it may be a strong signal for a reversal of direction of the market.

A breakout followed by a run up to $0.000017 or even $0.000020, as highlighted by Shib Spain, may be triggered if this breakout comes to pass.

SHIB Price Prediction: Analyst Projects $0.000017 Target

BezosCrypto has set a more aggressive target for SHIB. This analyst envisions a potential run to $0.000017. This target is based on a broader market capitalization projection. Notably, it suggests that SHIB price could reach a $100 billion market cap.

According to BezosCrypto, this ambitious target reflected the growing interest in SHIB price as a speculative asset. The expanding SHIB community and rising whale inflows support this outlook.

If the price manages to break out from its $0.00001600 resistance, it may open the gate to possibly get to the $0.000017 level. This critical psychological level has interested both the small-scale traders and the institutional investors.

Whale Inflows Strengthen Bullish Outlook

On-chain data also confirmed this bullish market view. According to reports, in the last 30 days, inflows from major holders of SHIB have surged by 643%. The large inflow of capital indicated that big players are again interested, and this is important towards ensuring a positive market trend.

Interestingly, this inflow surge appears to be dispersed across multiple large holders. It is not concentrated in a single wallet. This distribution reduces the risk of a coordinated sell-off, providing a more stable base for further price gains.

Additionally, the net outflows from large holders have slowed down. These outflows dropped by over 42% in the past week. This decline in selling pressure further supports the bullish case. It suggests that fewer coins are being moved to exchanges for potential liquidation.

Key Resistance Levels to Watch

With multiple bullish signals converging, traders are anticipating the ensuing significant resistance levels. The $0.00001400 and $0.00001600 figures are key support levels to keep an eye on. These prices aligned with the 200 Exponential Moving Average and the upper side of the current falling wedge pattern.

Breaking these resistances will open the way for a more extensive upward move to $0.000017 and $0.000020. These targets have both a psychological meaning and a technical essence.