SHIB Technical Analysis Points to Potential 246% Rally Amid Bullish Pattern Recognition

Shiba Inu (SHIB), currently ranked as the second-largest meme cryptocurrency by market capitalization, is showing strong technical signals that could indicate a substantial upward movement in the near future. According to prominent technical analyst Javon Marks, SHIB's price chart is exhibiting two critical bullish developments that closely resemble patterns observed in December 2024—a period that historically preceded significant price appreciation. These technical formations suggest a potential rally of approximately 246%, which would propel SHIB's price to around $0.000032. This analysis comes at a time when SHIB has demonstrated notable resilience amidst broader cryptocurrency market volatility, maintaining its position and investor interest despite fluctuating conditions in the digital asset space. The observed bullish patterns are not occurring in isolation; they are supported by ongoing developments within the Shiba Inu ecosystem. The project's continuous enhancements and the implementation of token burn mechanisms are contributing factors that may underpin the projected price movement. Token burns, which systematically reduce the circulating supply of SHIB, are designed to create scarcity and potentially increase the token's value over time, aligning with the bullish technical outlook. Market observers are closely monitoring these dynamics, noting that the combination of technical indicators and fundamental ecosystem progress creates a compelling case for SHIB's potential growth. As of early January 2026, the cryptocurrency market remains attentive to such technical forecasts, especially for assets like SHIB that have garnered substantial retail and institutional interest. While technical analysis provides a framework for potential price trajectories, it is essential to consider that cryptocurrency markets are inherently volatile and influenced by a multitude of factors including market sentiment, regulatory developments, and broader economic conditions. Investors and traders are advised to conduct comprehensive research and consider risk management strategies alongside such optimistic projections. The coming weeks will be crucial in determining whether SHIB can capitalize on these bullish signals and embark on the significant rally anticipated by technical analysts.

Shiba Inu Eyes 246% Rally as Technicals Flash Bullish Signals

Shiba Inu (SHIB), the second-largest meme coin by market cap, is poised for a potential 246% surge to $0.000032, according to technical analyst Javon Marks. The token’s chart shows two key bullish developments, mirroring patterns last seen in December 2024—a period that preceded significant upside.

Market observers note SHIB’s resilience despite broader crypto volatility, with its ecosystem developments and burn mechanisms adding fuel to the rally thesis. The meme coin’s recent breakout suggests institutional traders may be accumulating positions ahead of anticipated liquidity shifts.

Shiba Inu Stages Comeback with Technical Breakout

Shiba Inu (SHIB) has rebounded sharply from its 2025 lows, with analysts noting a clean downtrend breakout that suggests potential bottom formation. The meme coin's resurgence follows a period of underperformance, reigniting trader interest.

Technical analyst Lyvo highlighted the development in a recent market update, observing textbook chart behavior as SHIB bounced precisely from long-term support levels. The move coincides with renewed speculative activity across meme tokens.

Shiba Inu Price Forecast for Jan 5: Bullish Momentum Continues, But Brace for Potential Volatility

Shiba Inu (SHIB) maintains its upward trajectory, breaking through key technical indicators as buying pressure intensifies. The meme coin traded between $0.00000843 and $0.000009354 in the past 24 hours, showcasing renewed market interest.

However, on-chain data reveals concerning concentration among large holders. Approximately 67% of SHIB's circulating supply sits in just 10 wallets, creating potential single-point failure risks. Such whale-dominated liquidity pools often precede violent price swings.

The current rally mirrors November's breakout pattern, where SHIB gained 124% before correcting 38%. Traders are watching the $0.0000095 resistance level closely - a decisive breach could trigger algorithmic buying across derivatives platforms.

Shiba Inu Rebounds From Demand Zone as Whale Accumulation Tightens Supply

Shiba Inu (SHIB) has rebounded from key support levels, with on-chain data suggesting large holders are accumulating rather than distributing. The top 10 wallets now control 62% of SHIB's supply—a steady increase even during price weakness. This supply compression sets the stage for sharper rallies when demand returns.

The meme coin's price action aligns with broader crypto market strength in early 2026. SHIB's ability to hold above critical demand zones signals waning selling pressure. Shallower retracements and whale accumulation patterns mirror setups seen before previous SHIB rallies.

Market structure now favors buyers, with resistance at $0.000015 appearing increasingly vulnerable. The absence of distribution from major holders contrasts with retail-driven sell-offs, creating asymmetric upside potential if bullish momentum continues.