Shiba Inu prices are showing clear signs of gaining momentum after weeks of low activity. SHIB price has recently been in the spotlight following a 1,993% spike in token burn, sparking optimism across the community. This impressive burn rate shows that holders are determined to reduce oversupply and strengthen long-term value. On the other hand, price trends suggest increased interest from new buyers, suggesting a possible shift towards accumulation.
Reversal of wedge decline could redefine SHIB long-term price predictions
Shiba Inu prices have been forming a downward wedge pattern for months, which often leads to strong upward reversals. At press time, The value of Shiba Inu It traded at $0.00001011, reflecting a daily increase of 2.33%. This pattern shows consolidation between falling highs and stable lows, indicating that sellers are slowly losing control.
Meanwhile, buyers built a solid foundation around the $0.0000097 support zone, which was defended multiple times by fresh inflows. These repeated re-examinations indicate strong confidence that SHIB may soon move from consolidation to recovery.
In particular, the next resistance levels at $0.0000111 and $0.0000129 will play an important role in determining the direction. Clearing these hurdles will create new liquidity as investors seek confirmation of a trend reversal. The MFI index, currently at 68, supports this bullish forecast by revealing dominant capital inflows.
If the bulls break above the upper line of the wedge, a move towards $0.0000176 seems achievable. Therefore, this structure is SHIB long-term price prediction A steady recovery is expected toward the end of the year.
Massive burn surge and ETF filings strengthen Shiba Inu rise
After a 1,993% burn spike that wiped out over 10 million tokens, Shiba Inu price has regained new momentum. According to Siban. This sharp decline in supply indicates an active effort by the community to maintain a higher value level for SHIB. This also reflects growing confidence that token burning remains a key driver of future price appreciation.
On the other hand, investors’ optimism deepened due to T. Rowe Price has filed for the first-ever U.S. Shiba Inu ETF. The filing also includes SHIB alongside Bitcoin, Ethereum, and Solana, indicating a growing institutional awareness of memecoins.
Additionally, the ETF aims to outperform major crypto benchmarks, which could draw traditional investors into the SHIB ecosystem. With this development, the Shiba Inu has established the following status. top meme coins Evolution from speculation to legitimate financial products.
Together, ETFs and combustion catalysts reinforce a broader narrative of scarcity and authenticity. As a result, Shiba Inu price predictions currently favor a possible recovery, supported by improved on-chain participation and increased organizational awareness.
These convergence factors increase expectations for the price to gradually expand towards $0.0000176 if momentum continues.
Will SHIB reach $0.0000176?
Shiba Inu’s price recovery is showing solid strength and has its sights firmly set on the $0.0000176 target. A major burn surge and ETF filings have once again spread optimism across the market. Buyers maintain their advantage, pushing steady liquidity towards higher valuation zones. With growing confidence among holders and increased on-chain activity, SHIB price is on a clear path towards achieving its expected targets, confidently indicating that it is in a sustained recovery phase.