Forecasting the Price of Shiba Inu Coin: Will There Be a 400% SHIB Rebound?

Shiba Inu (SHIB), which peaked in December 2024 at $0.000045, has seen a great deal of volatility.

SHIB has struggled and is currently trading at about $0.00001536, even though Bitcoin has surpassed $100,000.

SHIB's weekly chart shows a multi-month rising trendline that points to the possibility of a significant recovery.

The price of SHIB has often increased by 200% throughout its significant rallies.

The bullish prognosis for SHIB may be invalidated if it breaks below the $0.00001160 support line.