With just 1 catalyst, this meme coin will break down all limits and increase by 650%.

In recent days, Shiba Inu (SHIB) has almost fallen into a "dormant" state as price fluctuations have been quite dull. Many traders have even called this the "most disappointing" performance among meme coins in the market. Throughout most of August, the price of SHIB has only hovered within a narrow range from 0.0000134 USD to 0.0000119 USD, indicating extremely low volatility as investors are waiting for a clear breakout signal.

However, some new technical analyses have rekindled hope. Analyst Kamran Asghar believes that SHIB may be in the final stages of the accumulation phase, and the weekly price chart has begun to show signals of a strong growth surge. If this scenario unfolds, this famous meme coin has the potential to enter an impressive breakout cycle, even increasing by more than 650% from its current level.

The Explosive History of Shiba Inu

The weekly candlestick chart shared by Kamran Asghar shows that SHIB tends to repeat a familiar "rhythm": prolonged accumulation → volatility compression → vertical breakout (vertical markup). Each cycle is usually accompanied by a shift in the regime of volatility, liquidity, and momentum.

Source: Bitcoin Magazine### Wave 2021: Long accumulation, explosion of 1.154%

Before the historical breakout in 2021, Shiba Inu went through a prolonged accumulation phase with relatively quiet price movements. After a deep correction, the market moved sideways for many weeks within an increasingly narrowing range. From a technical perspective, this is a state of "volatility compression" as indicators such as ATR or Bollinger Band Width fell to their lowest levels in months. At the same time, trading volume gradually dwindled at the end of the sideways range, while the short-term price structure flattened, reflecting a convergence between peaks and troughs.

The activation point occurs when the price has a weekly closing candle that clearly breaks above the upper edge of the accumulation zone. This breakout phase triggers the "momentum ignition" effect – meaning a strong acceleration of buying pressure, combined with the clearing of a series of stop-loss orders from the selling side, creating an upward liquidity gap. This is the opening signal for a fierce bullish wave.

Immediately after that, Shiba Inu entered an impressive "markup" phase. In a short period of time, the price increased by approximately 1,154%, illustrated by a series of long-bodied candles on the weekly chart. Volume and the OBV indicator surged simultaneously, while the RSI bounced from the neutral zone of 40–50 to a "sustainable overbought" state above 70. These characteristics indicate that the trend-following cash flow ( has rushed in, pushing the price much further than the initial accumulation base.

After reaching its peak, the market gradually enters a distribution and adjustment phase through multiple cycles. However, the new equilibrium level established is significantly higher than the old accumulation base. This is a typical hallmark of a completed cycle – leaving a distinct "footprint" for the major waves in the price history of Shiba Inu.

) Wave at the beginning of 2024: Repeating the motif, increasing by more than 501%

After a prolonged adjustment phase in 2022–2023, Shiba Inu has entered a distinct re-accumulation cycle. The market maintains a sideways state with a narrow range, liquidity just dripping, creating a "discomforting" feeling for both buyers and sellers. This is a time-based correction ###time-based correction(, which typically occurs when the market needs to absorb the remaining supply pressure before preparing for a new trend.

The breakout signal occurs when the price has a strong weekly candle that clearly surpasses the resistance zone of the accumulation range. Immediately, the buying demand rises rapidly, triggering a surge of over 501% just during the main push phase. Notably, after the breakout, the market only showed a shallow pullback — retesting the old resistance that has turned into new support — before continuing the upward trend.

The highlight of the early 2024 wave is the repetition of classic patterns: strong expansion volatility after a compression phase, confirming explosion in volume, clearly forming price structure with a series of higher highs and higher lows )HH/HL(, and most importantly, the transformation in investor sentiment: from prolonged skepticism to a strong FOMO state. These are the resonating factors that have created an impressive growth wave, reflecting the repetition of the inherent cycle in the historical price of Shiba Inu.

) The common model of boom cycles

The starting point usually comes from a prolonged price compression phase, when the market enters a state of "compressed spring". The technical manifestation is a gradually narrowing weekly price fluctuation range, with trading volume diminishing as it approaches the upper edge of the accumulation zone. This is a challenging period for investors, as patience is worn thin in the context where prices seem to be "going nowhere".

When a confirmed breakout occurs, everything changes. It's not just a simple intraday spike, but importantly, the weekly close surpassing the key supply zone, accompanied by a clear expansion of volume and ATR. It is this consensus that forms a valid breakout signal, distinguishing it from short-term bounces that lack sustainability.

Shortly after that, the market entered a momentum shift phase. The RSI, which was around the neutral zone, quickly bounced up to the "sustainable overbought" level and maintained above 70 for a long time. This is a sign that the upward trend is not only short-term but has transitioned into a true bullish regime.

Another key factor is the accompanying liquidity. After the breakout, the OBV indicator often creates new peaks in sync with the price, reflecting the strength of the cash flow. At the same time, both the spot market and perpetual futures join in the same direction, with the funding rate and initial basis returning to a balanced state, then gradually leaning towards the long side. All of this indicates an expansion in participation and an increasingly strong confidence of the cash flow.

Finally, prices usually progress almost "vertically". When the supply zone above becomes thin and empty, the market enters a state of "liquidity vacuum". Buying pressure is released strongly, causing prices to rise quickly and creating a feeling of a vertical increase — a familiar characteristic of boom cycles in history.

Current Setup: Notable Similarities

Since the beginning of 2025, SHIB has remained "stuck" in a narrow accumulation range, with the upper resistance around 0.00002 USD and support close to 0.00001 USD. This is a range that has controlled price movements for several months, causing SHIB to be in a "long-term sideways" state.

Characteristics of the current accumulation phase

One of the most noticeable signals is the price volatility dropping to very low levels. Volatility measurement indicators such as ATR (Average True Range) or Bollinger Band Width both show a clear contraction. From a technical perspective, this is the state of a "price spring" being tightly compressed — the longer it stretches, the stronger the potential movement range when it breaks out.

At the same time, trading liquidity shows significant signs of weakening. The decreasing weekly volume indicates that the market is falling into a state of waiting. Short-term investors have mostly lost interest, while large funds remain patiently on the sidelines, not rushing to participate. The absence of this active capital further reinforces the typical accumulation picture.

The final factor is a neutral mentality. The market no longer exhibits the excessive excitement of the bulls, nor has it encountered the extreme fear of the bears. Instead, the trading atmosphere has become "cold", even dull. This is a crucial characteristic: historically, this indifferent psychological state often serves as a precursor to strong reversals when a major trend is triggered.

Similar to previous cycles

The two precedents in 2021 and 2024 show a consistent characteristic: prolonged price compression on the weekly frame is not a neutral state, but rather a precursor to a significant trend movement. However, it is important to note that "compression → explosion" does not automatically mean it will be upward; the determining factor lies in the direction of the breakout and the quality of confirmation. With the context of Shiba Inu accumulating for several months, observing confirmation signals becomes especially important.

The signals to pay attention to include:

• Closing the week decisively above the upper edge of the range or the nearest supply cluster, confirming the strength of the buying side.
• Trading volume increases while (OBV/CMF rises ) as ATR or Bollinger Band Width starts to expand after hitting the bottom.
• The price structure creates a series of higher highs and lows ###HH/HL( over at least 2–3 weeks, accompanied by a shallow retest but failing to pull the price back to the accumulation zone.
• The deviation in the perp market )funding/basis( is not too hot immediately, avoiding the "exhausted breakout" situation, but gradually expands over time – reflecting the real influx of capital.

Regarding risk management, one must be cautious of weak breakout scenarios: a long-legged candle or wick at resistance without confirmation from volume. These cases often lead to false breaks, pulling the price back into the old accumulation range.

Looking back, both major bull cycles of SHIB followed the same "technical formula": prolonged accumulation → volatility compression → confirmed breakout → liquidity expansion. If these conditions converge again on the weekly timeframe, the probability of the next "vertical markup" will significantly increase.

When placing the current phase alongside the two explosive waves of Shiba Inu in 2021 )+1.154%( and early 2024 )+501%(, many striking similarities can be observed.

The first is the prolonged sideways state. All three phases witnessed many weeks where the price only fluctuated within a narrow range, without forming a clear trend. This repetition indicates that the market tends to "rest" before choosing its next strong direction.

Secondly, the trading volume diminished before the breakout. In all three cycles, the market experienced low liquidity and sparse trading. This is the ideal environment for a "liquidity vacuum" to occur, as even a strong buying or selling force is enough to trigger a chain reaction, pushing prices far beyond expectations.

Finally, the current weekly chart also shows a characteristic state of tight compression. The small-bodied, short-wicked weekly candles reflect a temporary balance between buyers and sellers. This "neither side holds the advantage" state is often just the surface of preparation, and history has shown that it often paves the way for a strong volatility phase shortly thereafter.

) Important hypothesis for the upcoming phase

If history continues to repeat itself, the accumulation zone around 0.00001 – 0.00002 USD is likely just the final phase of a consolidation cycle. Once the "price compression" process is complete, there is a high probability of a strong momentum breakout, opening up opportunities for a breakthrough volatility on the weekly chart.

The key point at this time lies in the breakout direction and the quality of confirmation:

• Price increase scenario: If SHIB closes the week decisively above the threshold of 0.00002 USD, accompanied by a surge in liquidity, there is a high likelihood that a large-scale upward trend will be triggered. This will be a signal indicating that large capital has officially entered the market.
• Bearish scenario: Conversely, if SHIB loses the 0.00001 USD mark with high volume, the current accumulation zone may be viewed as a distribution phase. At that point, the risk of a deep decline will significantly increase.

In summary, the current price zone is the "turning point" that matters. Just a breakout accompanied by confirmation, the SHIB market is likely to enter a new chapter with much stronger volatility than the previous period.

Can SHIB increase by 650% to 0.00009 USD?

According to technical analysis, the next big move on the weekly timeframe could trigger a significant growth surge for Shiba Inu. If the scenario repeats as in previous cycles, the price of SHIB could potentially break out by more than 650%, reaching the level of 0.00009 USD. This price not only helps SHIB surpass the previous peak of 0.000086 USD ( set in 2021), but also marks a new record in trading history.

The target figure of 0.00009 USD is calculated based on the average of two previous growth cycles: 1.154% in 2021 and 501% in 2024, then overlaying it on the current price structure. If the scenario is successful, it will open up a new parabolic growth cycle, attracting attention not only from retail investors but also from institutional capital seeking large profit opportunities in the crypto market.

Although the 650% increase is very impressive, it is still more modest than the 1,154% explosion of 2021. However, the difference lies in the market size: the market capitalization of Shiba Inu is now significantly larger, meaning that for the price to breakout, the market needs a much higher amount of capital and trading volume. In other words, a short-term FOMO will not be enough. Instead, SHIB needs a strong and sustainable wave of demand to move towards 0.00009 USD.

In both previous growth phases, the breakout was driven by a sudden surge in demand. When the buying pressure is dominant, prices quickly escape the narrow accumulation zone and move vertically.

The explosive liquidity is the most important confirmation signal to distinguish a real breakout from a false break. If the capital does not enter the market, SHIB is likely to continue trading sideways in the range of 0.00001 – 0.00002 USD instead of entering a new growth cycle.

For a new growth cycle to truly kick off, it is essential first to meet the necessary condition that the technical model is ready, when the weekly frame shows familiar setups that have appeared in previous explosive cycles. However, that alone is not enough. The market can only explode when there is a sufficient condition: a strong push in liquidity. This factor often comes from unexpected news, changes in community sentiment, or more importantly, the vigorous participation of large capital flows, creating momentum for prices to break out of the accumulation zone and enter a sustainable uptrend.

In summary, the target of 0.00009 USD for Shiba Inu is not a far-fetched scenario, but has a clear basis if history repeats itself. However, to achieve a 650% increase, the essential factor remains the explosion of demand, strong enough to break through the current accumulation zone and maintain the upward momentum on the weekly chart.

Taylor