Key takeaways
- Historical trends suggest that Shiba Inu (SHIB) could follow a cyclical trend with potential milestones in 2025.
- The current consolidation portends a breakout, with targets up to $0.000037372.
- Rumors speculate that SHIB could reach a market cap of $100 billion this cycle.
Shiba Inu (SHIB), the popular meme coin, has sparked intrigue with a speculative sighting highlighting its historical models. This cyclical theory is established by the first massive pump in January 2021, which led to an ATH market cap of $38 billion in October 2021. After 588 days of decline, subtle hints of recovery have piqued interest in what could be the sequel.
Interestingly, this model’s 588-day projection points to January 25, 2025, a date exactly four years after the first big SHIB surge. While such trends may seem coincidental, they often turn into crypto market trends, where historical behavior influences future movements.
December is normally a month full of turbulence, and it could well surprise SHIB traders, triggering the rally a month ahead of the cycle.
Key Resistance Levels to Watch for SHIB
For the moment, SHIB is oscillating in a consolidation range between $0.00002387 and $0.00002541. This accumulation phase has been closely watched as the likely point to initiate the breakout into bullish territory. This could provide resistance levels at $0.000031040, $0.000034024, and $0.000037372.
Market participants should continue to monitor SHIB closely, as confirmation of a break above resistance could be a sign of sustained growth. Stop-loss orders below the support zone appear to be a good risk management strategy, considering the nature of meme coins – highly volatile in nature, according to experts.
Ambitious goals amid Shiba Inu market speculation
This puts Shiba Inu’s market cap at around $15 billion between these changes, speculating on a possible $100 billion mark during this cycle. Although the feasibility may not be so predictable, improving the ecosystem with great community support is the key to the demand for SHIB.
The additional layer of interest comes from resistance at $0.000025, from where 40,000 addresses have amassed 54.6 trillion Shiba Inu. Prolonged price action above this resistance could launch $SHIB towards $0.000039, extending bulls’ optimism.
While traders and investors evaluate these signals, SHIB’s actual performance over the coming months will show whether a cyclical narrative will achieve its speculative goals.
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