{"id":11462,"date":"2025-07-03T11:24:00","date_gmt":"2025-07-03T10:24:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=11462"},"modified":"2025-07-03T11:24:02","modified_gmt":"2025-07-03T10:24:02","slug":"shiba-inu-top-4-reasons-price-could-jump","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/shiba-inu-top-4-reasons-price-could-jump\/","title":{"rendered":"4 Reasons Why Shiba Inu Price Could Skyrocket This Week"},"content":{"rendered":"\n

Is Shiba Inu Presenting an Interesting Profit Opportunity ?<\/h2>\n\n\n\n

Shiba Inu (SHIB), one of the most popular memecoins, has experienced a significant decline this year, losing billions in market value. However, encouraging signs suggest that the price could soon rebound, offering an interesting opportunity for investors.<\/p>\n\n\n\n

Here are 4 main reasons<\/strong> pointing to a potential trend reversal for SHIB :<\/p>\n\n\n\n

1. Formation of a Bullish Double-Bottom Pattern<\/h3>\n\n\n\n

Technical analysis reveals the formation of a double-bottom pattern on SHIB’s daily chart, a highly bullish reversal pattern. As long as the token remains above the crucial support at $0.00001035<\/strong>, this bullish structure remains intact. SHIB has perfectly bounced from this demand zone, signaling accumulation by smart money<\/strong>.<\/p>\n\n\n\n

\"SHIB<\/figure>\n\n\n\n

A confirmed breakout above the neckline at $0.00001755 could pave the way for substantial gains. In the short term, breaking through $0.0000128<\/strong> would confirm the new bullish momentum. The intermediate resistance sits at $0.000015<\/strong>.<\/p>\n\n\n\n

2. Decreasing Shiba Inu Supply on Exchanges<\/h3>\n\n\n\n

Exchange inflow and outflow data show that investors, particularly whales, are no longer selling their SHIB tokens. The volume on platforms has decreased from 141 trillion to 140.38 trillion<\/strong>, indicating that holders prefer to keep their assets rather than sell them.<\/p>\n\n\n\n

3. Increasing Open Interest on Futures<\/h3>\n\n\n\n

Another bullish indicator is the increase in open interest on SHIB futures contracts, reaching $59.2 million<\/strong> on July 2. Historically, such growth in open interest often precedes upward phases<\/strong> in cryptocurrencies<\/a>.<\/p>\n\n\n\n

\"SHIB
Source: Santiment<\/figcaption><\/figure>\n\n\n\n

4. Potential Bitcoin Rebound<\/h3>\n\n\n\n

Finally, Shiba Inu could benefit from a broader crypto market rebound, supported by Federal Reserve rate cuts and a new all-time high for Bitcoin<\/a>. With an 81%<\/strong> chance of beating its ATH before October, BTC could trigger a wave of buying across altcoins, including SHIB.<\/p>\n\n\n\n

Should You Buy Shiba Inu Now ?<\/h2>\n\n\n\n

Although Shiba Inu has suffered heavy losses this year, these various technical and fundamental elements suggest that the price could soon rebound, offering an interesting opportunity<\/strong> for savvy crypto traders. It remains to be seen whether SHIB will capitalize on this favorable window.<\/p>\n\n\n\n

\"Shiba<\/figure>\n\n\n\n

The Fibonacci retracement indicates that SHIB could reach $0.00040<\/strong> in the coming years. This represents a potential increase of approximately 30 times its current price.<\/p>\n\n\n\n

Moreover, a potential Dogecoin ETF could reinvigorate memecoins and consequently SHIB.<\/p>\n\n\n\n

How to Invest in SHIB on BitMart ?<\/h3>\n\n\n\n
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  1. Registration<\/strong> : Visit BitMart’s official website<\/a>, click “Sign Up,” enter a valid email and secure password, then validate through the received link.<\/li>\n\n\n\n
  2. KYC Verification<\/strong> : Log in, access “Identity Verification,” submit an ID (passport\/card) and a recent utility bill.<\/li>\n\n\n\n
  3. Fund Deposit<\/strong> : Go to “Wallet” > “Deposit,” choose USDT or BTC. Generate an address, transfer (10-30 min, network fees apply), or pay by card (1-2% fees).<\/li>\n\n\n\n
  4. Purchase<\/strong> : Navigate to “Spot Markets,” search for SHIB\/USDT, select a market order (immediate) or limit order (set price), enter the amount, and confirm (0.1% fees).<\/li>\n<\/ol>\n\n\n\n
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    Buy SHIB with ease on BitMart !<\/a><\/div>\n<\/div>\n\n\n\n

    More on this topic :<\/strong><\/p>\n\n\n\n