Shiba Inu Rallies 10% In 1 Week: Can It Go Higher?

Shiba Inu SHIB/USD is gaining momentum with the launch of the new Shytoshi AI paper, fueling speculation that SHIB could be entering a new bullish phase.

Cryptocurrency	Ticker	Price	7-Day Trend
Shiba Inu	SHIB/USD	$0.00001497	+10.5%
Dogecoin	DOGE/USD	$0.2449	+21.6%
Pepe	PEPE/USD	$0.00001341	+5.2%

Trader Notes: Crypto analyst CJ flagged Shiba Inu's chart as forming a "pretty epic structure," with bid zones now primed for potential high-reward entries.

While SHIB is near local resistance, the broader formation signals considerable upside if momentum persists.

$SHIB with a pretty epic structure here.

If you're picking up some fresh here, you might be buying into local resistance, but to me this looks set to go much higher in terms of the overall picture.

In terms of setting bids, this is how I'd go about it (second chart). Idk if… pic.twitter.com/IfLSlxxMWP
— CJ (@CJ900X) July 18, 2025

Statistics: Shibburn reports an 869.7% spike in the burn rate, with 5.82 million SHIB burned in a single transaction 19 hours ago.

IntoTheBlock data shows Shiba Inu large transaction volume narrowed by 31.6% while daily active addresses grew 14.4% in a single day. Transactions greater than $100,000 rose from 78 to 99 during the same period.

Community News: Shiba Inu's official X account confirmed the token has broken its long-term downtrend, reclaiming the $0.000015 level with conviction.

Key indicators turning bullish include: downtrend resistance breached, volume and momentum surging, whale accumulation underway and structure flipped bullish.

SHIB is now experiencing its strongest rally since February. A sustained move could see it reclaim $0.000017, opening the door to a test of $0.00002.

SHIB's marketing lead Lucie expressed deep curiosity around the Shytoshi AI paper, calling it a turning point. "This feels like the beginning of a new narrative, SHIB CITY: The AI Utopia," she wrote, hinting that the meme coin might be entering a new era of storytelling, utility, and cultural relevance.

Read Next: