Shiba Inu (SHIB) Price Poised for Major Upswing, Analyst Predicts

After months of weakness, Shiba Inu has once again become a part of analytical discussions as market observers reassess whether the token’s current structure resembles conditions that previously led to significant appreciation. 

The token has recorded consecutive monthly losses, a development that has pushed prices to levels not seen in years and, notably, to its lowest recorded valuation on the Coinbase exchange. While such performance has weighed heavily on sentiment, some analysts argue that extended downturns have historically created the conditions for strong recoveries.

One of the most closely cited views comes from market analyst MasterAnanda, who recently published a detailed assessment on TradingView. His analysis does not suggest certainty, but instead emphasizes structural similarities between the current market phase and prior periods in SHIB’s trading history that preceded rapid upward movements.

Historical Context and Price Structure

The reference point for this outlook is Shiba Inu’s behavior in 2021. During the first part of that year, the asset traded unevenly, with limited directional conviction. This was followed by a sharp shift in momentum between September and October, during which SHIB recorded one of the fastest advances in its history. Over a period of approximately six weeks, prices increased by more than 1,300%, culminating in new record highs.

At the start of that rally, SHIB had just formed a notable price base. While this level was often described as an all-time low, available data shows it was specifically the lowest price recorded on Coinbase, rather than across all trading venues. Nevertheless, the establishment of that floor preceded a decisive change in trend, suggesting that extreme pessimism coincided with a turning point.

Current Market Condition

According to MasterAnanda, recent price action may be forming a comparable foundation. In early February, SHIB price declined to approximately $0.00000507. Analysts interpret this level as a potential base following months of selling pressure. 

This decline followed a longer-term downtrend that began after the token peaked near $0.0000456 in March 2024. Weekly closes and momentum indicators during this period have shown persistent distribution, often associated with late-stage bearish cycles.

The analyst argues that such extended corrective phases are unlikely to persist indefinitely. His reasoning is based on historical market behavior rather than optimism, noting that prolonged declines have frequently been followed by periods of recovery once selling pressure becomes exhausted.

Broader Market Considerations

Beyond SHIB-specific data, the broader digital asset market remains active. Participation levels, infrastructure development, and liquidity are significantly higher than in earlier cycles. From this perspective, the current corrective environment is viewed as a consolidation phase within a larger market rather than a signal of structural decline.

If SHIB begins to establish higher highs and higher lows, the technical outlook would shift materially. Past cycles indicate that once momentum returns, price adjustments can occur quickly. 

Based on projected structures shared in the analysis, a long-term target near $0.0001114 has been identified, implying substantial upside from current levels. Intermediate levels highlighted for risk management and profit-taking include $0.0000206, $0.0000303, and $0.0000708.

The analyst stresses that these projections are conditional and not guarantees. However, he maintains that recovery remains a realistic outcome, particularly given historical precedents where periods of maximum pressure were followed by measurable improvement in market conditions.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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