Crypto analyst Javon Marks has identified a regular bull divergence on Shiba Inu price chart, highlighting a major 163% upside ahead.
By Bhushan Akolkar
Editor Julia Sakovich
Updated
2 mins read
The world’s second-largest meme coin Shiba Inu SHIB $0.000012 24h volatility: 0.9% Market cap: $7.15 B Vol. 24h: $219.91 M has been a strong underperformer in the overall altcoin space. However, market analysts continue to maintain optimism for September, with expectations of a 163% SHIB price rally ahead. With the SHIB burn rate exploding 157,726% last week, it could serve as a catalyst for further rally.
Popular crypto analyst Javon Marks has identified a bullish setup for Shiba Inu (SHIB), noting a regular bull divergence on the MACD histogram. According to Marks, this pattern signals a potential major reversal to the upside.
$SHIB (Shiba Inu) CONFIRMS a BULLISH PATTERN in a Regular Bull Divergence with the MACD Histogram!
What this suggests is a major bullish reversal back to the upside which can consist of an over 163% move back into the $0.00003s and that may only be the start.
As prices continue… https://t.co/9knIszPr40 pic.twitter.com/iGwNoiP4H2
— JAVON⚡️MARKS (@JavonTM1) September 1, 2025
The analyst suggests that SHIB could initially climb over 163% toward the $0.00003 range. If momentum continues and the Shiba Inu price holds above its previous breakout levels, the rally could extend further, potentially targeting a 570% surge to around $0.000081.
Another crypto analyst, Jonathan Carter, has confirmed a breakout for Shiba Inu from its descending channel. The altcoin is currently consolidating just below the 50-day moving average on the daily chart.
#SHIB Descending Channel Breakout Confirmed✈️
Shiba Inu has successfully broken above the descending channel and is currently consolidating just below the MA 50 on the daily timeframe🔍
A move above this MA could trigger explosive rise toward targets at $0.00001400,… pic.twitter.com/HgIYejNPRZ
— Jonathan Carter (@JohncyCrypto) August 30, 2025
Carter noted that a bullish surge above this moving average could trigger a strong upward rally, with potential price targets set at $0.000014, $0.0000175, $0.0000205, and $0.000025. Besides, the drop in SHIB exchange supply could further aid the price rally.
Furthermore, data from CoinGlass shows that the SHIB futures trading volume has surged by 56% to more than $200 million. This shows that the derivatives traders are eyeing a bullish momentum ahead.
Shiba Inu’s marketing lead, Lucie, revealed plans for an outreach initiative targeting major Asian markets, including Korea, Japan, and China. The marketing lead highlighted the growing momentum of the Shiba Inu community in these regions and emphasized the importance of expanding the project’s global presence.
Shiba Inu Team Hints at Asia Expansion, Says Price May Be Down but Global Building Continues https://t.co/zQ97TRt1XP
— 𝐋𝐔𝐂𝐈𝐄 (@LucieSHIB) September 1, 2025
Lucie also noted that the team is not prioritizing the price of Shiba Inu ecosystem tokens, including SHIB. It was also stressed that despite the low Shiba Inu price at the moment, the focus remains on building the Shibarium ecosystem and driving long-term adoption.
While many community members view token burns as the fastest path to price growth, Lucie and the team maintain that sustainable value comes from developing utility and promoting real-world adoption of Shiba Inu projects.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.
