Shiba Inu: Analyst Eyes a 125% Surge – Could This Be The Ultimate Comeback?

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Key Takeaways

Shiba Inu has endured a long, painful fall for the past eight months, a stunning 16% decline over the last 30 days. But wait! An analyst dares to dream of a 125% rebound to $0.000028. Is this truly possible, or is it simply wishful thinking?

From its lofty peak of $0.0000334 eight months ago, Shiba Inu [SHIB] has been on a relentless descent, bleeding value with the kind of determination usually reserved for tragedies. As of now, SHIB was hovering at $0.0000125, showing a meager 1.61% rise in the daily charts. The faintest glimmer of hope, perhaps? Or is it just a brief respite before more misery?

Before this tiny uptick, things were far from rosy-an 8.09% drop on the weekly chart, followed by a 16% nosedive on the monthly chart. SHIB’s downward trajectory is the stuff of crypto nightmares.

But here comes Joao Wedson, founder of Alphractal, declaring that despite the bleak scene, SHIB could rise like Lazarus from the crypto grave. Such optimism is either madness or genius-perhaps both!

On-chain Data: A Whisper of Hope?

Wedson, ever the optimist, points to the on-chain data-could this be the signal we’ve all been waiting for? It seems that Shiba Inu is currently in an “accumulation phase,” which, according to Wedson, is a sign of fresh capital slowly trickling in. But does this translate into a revival? Or are we just being teased with crumbs of hope?

The Realized Cap Impulse, a key metric, has turned positive. When this happens, it suggests a new influx of capital, but should we be holding our breath? It’s like waiting for a rainstorm in the desert.

Buyers, those brave souls, have returned to the market, even recording a positive for two consecutive days. But let’s not get too excited; they may just be testing the waters. SHIB recorded $1.2 trillion in buy volume against $1.1 trillion in sell volume between August 20th and 21st. Such numbers are hardly a victory parade.

Adding to the intrigue, Wedson’s Alpha Price signals that if demand surges, SHIB could rise by an incredible 125%, reaching $0.000028. This projection hinges on the hope that demand will magically appear and send SHIB soaring. But will the crypto gods smile upon us?

But, alas, most SHIB holders are currently sitting on unrealized losses, a tragic irony that has made many investors wary of returning. Even as the crypto market wavers, SHIB seems poised for accumulation… or perhaps a slow, painful breakout that will leave us all questioning our choices.

Demand for Futures: Will the Game Change?

As if the plot weren’t already complicated enough, the demand for Futures positions has spiked once more, as buyers have returned to the spot market. SHIB’s Funding Rate, previously negative, has turned positive. Could this signify the start of a new era? Or is it just another flash in the pan?

When the Funding Rate turns positive, it typically means an influx of capital into the Futures market, as investors open new long positions. Yet, we must wonder-are these long positions a sign of true belief, or just another form of blind optimism?

The Long/Short Ratio has jumped to 1.169, with longs accounting for 53% and shorts at 46%. When long positions dominate, it implies that investors are betting on a price rebound. But, in the world of crypto, who can really tell?

But here’s the kicker: Despite all the signs of life, SHIB is still battling strong downward momentum, with the Relative Strength Index (RSI) dipping into the realm of the bearish. The Directional Movement Index (DMI) has also fallen, confirming the continued dominance of the bears. Does this mean the crypto apocalypse is upon us?

Is a Trend Reversal on the Horizon?

AMBCrypto’s analysis, full of its own weary caution, suggests that Shiba Inu is stuck in a downward spiral, as investors have seemingly abandoned hope. With the RSI at 44 and the DMI confirming bearish sentiment, SHIB’s fate remains uncertain, hanging in the balance.

If buyers remain hesitant, a recovery will remain a distant dream, and a fall to $0.0000115 could be in the cards. But, should speculative buyers return, a modest rebound to $0.000015 may occur. As for the 125% rally that Wedson has so boldly predicted, it seems a distant, almost mythical event-one that could take years to materialize, if at all.

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2025-08-22 01:23