Shiba Inu, once a memecoin, now has a growing ecosystem and loyal community backing it with interesting market structure for traders.
On the weekly chart, SHIB is forming a bullish right-angled descending broadening wedge, hinting at a potential reversal.
Recent bounce near the lower trendline, supported by bullish momentum, indicates accumulating pressure.
Projected breakout path suggests a target price of 0.00011500 if SHIB breaches the resistance line, aligning with a bullish scenario.
Interest in the SHIB ecosystem, token burns, and community growth could drive its value heading into 2030.
On the daily timeframe, SHIB structure turned bullish post breaking the last lower high, pointing towards a potential bullish continuation.
Presence of a key demand zone below current price and clear liquidity formation suggest a potential massive bounce upward.
Analysts predict SHIB token value in 2030 to range between 0.0002–0.001 conservatively and potentially reach 0.01 with accelerated token burns and adoption.
Price movement of SHIB in 2030 will be influenced by broader crypto market trends, meme culture, regulatory changes, and community loyalty.
Shiba Inu's competition with Dogecoin in 2030 remains a topic of debate, with SHIB having strong tokenomics and ambitions beyond memes.