Shiba Inu (SHIB) is regaining attention across the crypto market as whale accumulation intensifies, fueling speculation that a major price breakout may be on the horizon.
After a volatile start to October, the meme-inspired cryptocurrency is showing early signs of a bullish shift. Rising trading volumes, improving sentiment, and renewed investor confidence suggest that Shiba Inu’s recovery phase might be gaining momentum as the token eyes higher resistance levels ahead.
Shiba Inu Price Rebounds Amid Renewed Buying Pressure
Shiba Inu (SHIB) is showing strong signs of recovery after weeks of muted performance, climbing over 4.7% in the past 24 hours. The rebound follows a period of consolidation that saw the token test a crucial support area near $0.00000960, hinting that a potential bullish reversal may be underway.
Shiba Inu was trading at around $0.00001005, up 1.10% in the last 24 hours at press time. Source: Brave New Coin
At press time, Shiba Inu’s price stands around $0.00001005, supported by a 25% rise in daily trading volume, according to data from CoinMarketCap. This increase in activity suggests that market participants are beginning to reposition for a potential breakout toward the $0.0000235 price target.
Technical Indicators Point to Strengthening Momentum
On the technical side, SHIB’s chart patterns show encouraging signs. Analysts observe a falling wedge pattern, a formation usually found to be pointing towards trend reversals. Compression between down-trending trendlines indicates declining selling pressure and an upcoming breakout if the volume continues to rise.
Shiba Inu (SHIB) tests falling wedge support, with rising buying pressure hinting at a potential rebound toward $0.00002350. Source: Jonathan Carter via X
SHIB’s reaction from $0.00000960 reflects an accumulation phase and marks the first sign of a bullish move. Once the token surpasses the upper wedge line, the price targets set are $0.00001150, $0.00001410, and ultimately $0.00002350—those are significant resistance levels against the Shiba Inu price forecast chart.
Whale Activity Suggests Strategic Accumulation
On-chain data today show Shiba Inu whales purchasing tokens during recent bearish market conditions, a pattern typically found with belief in higher prices in the longer term. Data from various sources confirm that large holders increasingly accumulated their positions since the beginning of October, in tandem with heightened network activity and trading volume.
Shiba Inu (SHIB) remains in its key accumulation zone, with traders anticipating a strong rebound as buying pressure continues to build. Source: Shib Spain via X
This move is a familiar trend observed before large rallies, whereby whales congregate at local bottoms only to drive prices upward. If it persists, such behavior would be the foundation of a solid Shiba Inu crypto price prediction into the final quarter of 2025.
Market Context: Shibarium and Ecosystem Growth Support Outlook
In addition to technological factors, Shiba Inu ecosystem expansion continues to fuel investor optimism. The project’s Shibarium Layer-2 network has seen increased usage, reducing transaction costs and increasing efficiency for token transactions and decentralized applications.
Market analysts indicate more uptake of Shibarium and upcoming project development strategies—such as concepts concerning the Shiba Inu metaverse—could play a pivotal role in Shiba Inu’s price forecast for 2025 and beyond.
Crypto analyst Usman Salis noted that meme coins like Shiba Inu tend to perform well during market upswings due to retail interest and social sentiment, adding that if macro conditions remain favorable, SHIB could be positioned for a sustained recovery phase.
Community Buzz Fuels Short-Term Optimism
On social media, community excitement remains high. Influencer @ShibSpain recently tweeted, “$SHIB is going to explode soon,” referring to a CoinMarketCap chart showing a 2.1% one-day increase to $0.00001012. Such optimism must be consumed in moderation, but growing talk suggests that sentiment within the Shiba Inu community is increasingly bullish.
Shiba Inu (SHIB) is gaining momentum, with rising market activity suggesting the token could be gearing up for a major breakout move soon. Source: Shib Spain via X
While experts caution that failure to maintain support around $0.00000960 would negate the bull formation. Investors need to watch for confirmation of a breakout with strong volume and sustained closures above key resistance levels.
Looking Ahead: Can Shiba Inu Keep Its Recovery Going?
The Shiba Inu price forecast for 2025 remains hopeful, but hopefully so, based on additional accumulation, ecosystem growth, and a favorable change in market sentiment. A confirmed breakout above the wedge pattern would potentially mark the start of a new bull trend targeting $0.0000235 and higher in the near term.
While questions like “Will Shiba Inu reach $1?” are largely speculative, specialists agree that consistent whale accumulation, a rising user base, and ongoing technological progress provide a solid foundation for Shiba Inu’s long-term trajectory.