Shiba Inu (SHIB) has been showing signs of a potential massive rally, with technical analyst Javon Marks forecasting a 528% surge in price. While SHIB currently trades at $0.0000129, marking a slight dip of 0.4% from its intra-day high, the overall sentiment remains bullish.

According to Marks, the cryptocurrency coin is poised to reach $0.000081, driven by its technical setup and ongoing accumulation patterns. This follows a successful retest of a breakout level, which saw SHIB rally to a seven-month high of $0.00003329 in December 2024, followed by a pullback to $0.0000108. Marks believes this correction phase was part of a normal technical structure that sets the stage for a more substantial rally.

SHIB’s price is currently hovering around the $0.00001290 mark, with analysts viewing this as a potential base for further upside. Marks’ projection of a 528% rally would bring SHIB’s price to the $0.000081 level, signaling significant growth for the token in the current cycle.

Bullish Divergence Signals Strength

A key factor behind the bullish outlook is the hidden bullish divergence forming on SHIB’s chart. This divergence typically signals underlying strength in the market, even when short-term indicators like the RSI or MACD are showing weakness. Marks highlighted that this setup often leads to the continuation of the existing trend, especially when the price maintains higher lows while momentum indicators form lower lows.

With SHIB holding above the breakout level and forming higher lows, the technical positioning looks strong. Market watchers are now closely monitoring whether SHIB can break out from its current consolidation phase. If volume increases, this could trigger a rally toward higher resistance levels, reinforcing the bullish sentiment.

Long-Term Holder Growth Supports Stability

On-chain data from IntoTheBlock further supports the positive outlook for SHIB. The number of long-term holders—those who have held SHIB for over a year—has steadily increased since mid-2022 and continues to rise into 2025. This growth indicates strong accumulation, as investors show confidence in the asset over the long haul.

This trend is particularly significant because long-term holders tend to reduce selling pressure, which helps maintain stability in the market. Moreover, short-term traders, or those holding SHIB for less than a month, have decreased by 36.5%. This shift indicates that Shiba Inu is becoming a more mature asset, with investors moving away from speculative behavior.

Additionally, cruisers—holders with a holding period of one to twelve months—have grown by 3.15%. This indicates that more investors are adopting medium and long-term positions, which could be a positive sign for price stability.

SHIB’s Token Burn Activity Boosts Bullish Sentiment

Another key factor contributing to the bullish sentiment around Shiba Inu is its increasing token burn activity. Data from Shibburn reveals a sharp rise in SHIB burns, with 2,219,043 tokens burned in the last 24 hours, marking a 278.42% increase. Over the past week, the burn rate has been even more impressive, with 313,950,965 tokens removed from circulation, reflecting a 324.14% increase.

The burn mechanism helps reduce SHIB’s circulating supply, which, when combined with consistent demand, can lead to upward price movement. As more tokens are burned, SHIB becomes scarcer, supporting its long-term value if demand remains steady or increases.

Conclusion

While Shiba Inu’s price has recently experienced some volatility, technical analysts are increasingly bullish, with expectations of a 528% price surge. Key factors like the hidden bullish divergence on the chart, growth in long-term holders, and the token burn activity all suggest that SHIB may be entering a phase of strong upward momentum. If the current trend continues, SHIB could see significant gains, potentially reaching $0.000081 in the near future.