Meme Coins News

Shiba Inu Analyst Predicts 100% Weekly Gains

by Crypto Hobby

Updated September 02, 2025

Shiba Inu dog with golden arrows and fiery background.

Shiba Inu (SHIB) is showing signs of a potential rebound, with one analyst predicting significant weekly price surges. Despite recent market corrections and a sideways trend, strong support levels suggest a bullish future for the popular meme coin. The cryptocurrency has experienced a notable downturn in the past week and year-to-date, trading outside the top 20 by market capitalization.

Key Takeaways

Analyst MMB Trader anticipates Shiba Inu could achieve 100% weekly price increases.
Strong weekly support levels at $0.000010 and $0.000007 are identified as crucial for a bullish turnaround.
Previous price action indicates these levels have historically prevented further declines.
Projections suggest potential rallies to multi-year highs, with some analysts aligning on optimistic price targets.

Strong Support Levels Bolster Optimism

Analyst MMB Trader has highlighted the critical weekly support zones for Shiba Inu at $0.000010 and $0.000007. These levels are considered robust enough to halt downward momentum, based on historical performance. Notably, the $0.000007 support acted as a significant floor during the 2022 bear market, preventing SHIB from falling further despite a 91.9% drop from its peak. Even in June and October 2023, when the price revisited this mark, bears failed to break through this strong demand wall.

Potential for Massive Weekly Rallies

Following a breakout in late February 2024, which saw SHIB surge from $0.00000967 to $0.00004567, the meme coin experienced a retreat. It has since found another strong weekly support at $0.00001078. This level, combined with a broader market uptrend, previously spurred a rebound to $0.00003343 in December 2024. SHIB has retested the $0.000010 support multiple times this year, bouncing back on each occasion.

Mmb Trader's analysis suggests that if Shiba Inu successfully retests these support levels, it could break its current bearish trend and surprise the market with substantial weekly gains, potentially reaching 100% increases. The analyst's bullish outlook includes a scenario where SHIB breaks a descending trendline, targeting $0.00003364, a 169% increase from its current price of $0.00001249. Further targets include $0.00005480 and a long-term projection of $0.00007716, aligning with predictions from other market watchers like Hunters Company and PouyanTradeFX.