- Analyst Javon Marks is predicting a 570% rally for Shiba Inu (SHIB) to a target of $0.000081
- The call is based on a bullish MACD divergence, a key technical indicator signaling a trend reversal
- The roadmap includes a 163% initial rally to $0.00003229 before the final move to the main target
Prominent technical analyst Javon Marks is calling for a massive 570% rally for Shiba Inu (SHIB) to a target of $0.000081. He argues that a key bullish signal on the MACD indicator suggests the meme coin’s long downtrend is nearing its end and a major trend reversal is imminent.
Key ‘Buy’ Signal Flashes on the SHIB Chart
Despite SHIB’s recent price struggles, which saw it pull back from its 30-day high of $0.00001417, Marks remains bullish, pointing to a classic technical setup.
What is the exact buy signal flashing now?
The analyst is focused on a bullish divergence on the SHIB MACD histogram. This is a classic leading indicator that technical traders use to spot weakening bearish momentum and anticipate a potential trend change. Marks believes this signal is the setup for a multi-stage rally.
For more context: Shiba Inu Price Prediction: SHIB Consolidates Near $0.00001240 as Traders Watch Breakout Signal
Here’s the Analyst’s Two-Stage Roadmap to a 570% Gain
The analyst has broken down his high-conviction prediction into two distinct phases for traders to watch.
What is the first price target in the rally?
First, Marks expects SHIB to rally 163% from its current level. This initial move would push the price to the $0.00003229 region, a level last seen in early December 2024.
What is the final price target?
He sees this first leg up as just the beginning. A continuation of the bull run would then target $0.000081, which would represent a cumulative 570% rally from today’s price, putting SHIB very close to its previous all-time high.
While Marks did not attach a specific timeline, the long-term bull case for SHIB continues to be a point of debate, with data showing a major conflict between different market signals.
Related: Is Shiba Inu a Buy or a Sell? Data That Shows a Major Conflict, Explained
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