Shiba Inu to Hit $0.0000340? Expert Predicts 2x Rally Days Away

Is a massive Shiba Inu (SHIB) bull run about to begin? Even with Shiba Inu showcasing a tempered growth outlook amid a broader market drawdown, market analysts are confident a rally is lurking. Could this be the start of something big for the meme coin?

In this article, we break down the latest SHIB price analysis, key technical indicators, and expert predictions to help you understand the potential for explosive growth. Shiba Inu is currently on analysts’ radar with a forecast of a potential rally despite the current market outlook. In a recent post, a top crypto analyst, World of Charts, highlighted a critical technical pattern.

Shiba Inu: Imminent 2x Rally Predicted

A prominent market analyst has predicted a Shiba Inu rally to December 2025 highs in the near term amid an imminent descending channel breakout. Market watcher World of Charts suggests that Should SHIB break above the wedge’s upper resistance, a 2x rally to $0.0000340 is predicted in just the next few days. This would represent a 136% increase from current levels.

Shiba Inu could double to $0.0000340, with experts predicting a 136% rally in the coming days. SHIB sees a 5-day growth streak, rising 13%, amid strong technical signals pointing towards further upward momentum. The market watcher suggested that a sustained break above the wedge’s upper resistance trendline would spur a massive rally. Specifically, he speculated a solid 2x return.

Key Price Targets and Technical Analysis

Two price targets have been identified if the breakout is sustained. The first targeted a 58.39% increase, which has been fulfilled. The second, more ambitious target is the aforementioned $0.0000340.

Stay updated with the latest SHIB news and analysis as we track this potential surge! Will Shiba Inu reach $0.0000340? Only time will tell.