TL;DR
- Experts, or should I say modern-day soothsayers, are whispering sweet nothings about SHIB doubling or even tripling-because why be modest?
- The fiery burn of Shiba Inu tokens and a resurrected Shibarium are playing cupid, but the RSI flirtatiously flirting near 70 means it might just ghost us soon.
SHIB Steps Back Into The Spotlight, Darling, With Jazz Hands and All?
Once the belle of the meme coin ball, our dear Shiba Inu has been languishing in the shadows these past few months, trading at prices that might make you yawn. Yet, last week she dared dazzle in green, sauntering upwards by a crisp 5% to around $0.00001258 – not a fortune, but certainly a flirt.
Our crystal-ball gazer Carl Moon, boasting a modest 1.5 million followers on X, claims a charm of a horizontal triangle is charmingly forming on SHIB’s price chart, promising a 34% pump like a champagne cork flying off ($0.0000403, if you please).
Meanwhile, the ever-hopeful Javon Marks is practically singing “My Fair Lady,” predicting a bullish encore with a 150% price bang to $0.000032-because optimism is the new black.
“Shiba Inu exhibits a Regular Bull Divergence with the MACD Histogram! Translation: expect a dashing 163% comeback, darling, just warming up!” they trilled at September’s dawn.
Not to be outdone, market wizards Mark.eth and CryptoELITES have chimed in. The former insists SHIB could “make you rich” faster than you can say ‘tea and crumpets,’ while the latter predicts a goosebump-inducing 17x leap to a heady $0.00023. Hold onto your hats!
Peeking Under The Hood: Indicators That Tick and Tock
Our dear Shiba’s burn rate has exploded by a mind-boggling 340,000% in just 24 hours-dispatching about 1.3 million tokens to the eternal abyss, thus delicately tightening supply like a corset at Ascot, which naturally could push prices up if demand keeps its sassy stride.
The layer-2 darling Shibarium has awakened from its slumber, with daily transactions soaring past 1.2 million on September 6 and almost half a million the next day – a veritable traffic jam compared to the pedestrian 20,000 at August’s end.
But before you start popping the champagne, a quick glance at the Relative Strength Index reveals it’s flirting dangerously close to 70. For the uninitiated, that’s trader-speak for “maybe a sip too much,” hinting at a possible price stumble. As usual, anything under 30 is the social equivalent of politely asking for another dance.
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2025-09-08 23:20