Is SHIB price ready for a 90% price surge in early 2025? Technicals and chart fractals suggest that Shiba Inu is poised for a massive rally.
Shiba Inu (SHIB) has jumped by over 78.50% year-to-date to reach $0.0000191 on Nov. 8, underperforming most of its top memecoin rivals, such as Dogecoin (DOGE) and Pepe (PEPE), which have climbed by over 115% and 668% in the same period.
DOGE/USD daily price chart. Source: TradingView
It is now showing potential to rally toward its 2024 highs, per a mix of technical and fractal indicators.