SHIB technical reversal signals, Google trends rising! Shiba Inu may welcome a 570% big pump market.

Shiba Inu (SHIB) showed strong bullish signals at the beginning of September, with Technical Analysis indicating that a classic bull run divergence pattern has been confirmed, suggesting that prices may experience a significant reversal. Additionally, after months of stagnation, Google search volume has rebounded, and interest in meme coins is rapidly heating up. Analysts predict that SHIB is expected to rise 163% to $0.00003, and ultimately challenge a 570% increase to $0.000081.

Technical Analysis: MACD Bull Run Divergence Confirmation

(Source: Trading View)

Cryptocurrency analyst Javon Marks pointed out that SHIB has formed a "bull run divergence" pattern on the MACD histogram:

Price trend: creating lower lows

MACD histogram: forming higher lows

Interpretation: The downward momentum is weakening, and a reversal to the upside may be imminent.

Marks indicates that this pattern usually signals a strong trend reversal, with the first-stage target at $0.00003 (+163%). If it breaks through the old structure, it is expected to ultimately reach $0.000081 (+570%).

Google search volume rebounds: market sentiment warms up

After a long period of trading stagnation, the Google search volume for SHIB has rebounded to 57, indicating that both investors and retail traders are regaining interest in the coin.

Market Significance: An increase in search volume is often related to an increase in trading activity.

Sentiment impact: Increased attention may bring new capital inflows, driving prices upward.

Current Price and Market Background

As of September 9, SHIB is priced at 0.00001276 USD.

Market environment: The overall crypto market has recently come under pressure, with most altcoins recording losses.

Potential risks: If selling pressure intensifies, SHIB may still decline, but the bullish pattern in Technical Analysis provides support for a rebound.

Potential Market Path

Bullish Scenario

1. The technical pattern continues to ferment.

2. Google search and community interest continue to rise.

3. The inflow of funds drives a breakthrough of 0.00003 dollars, ultimately challenging 0.000081 dollars.

Bearish Scenario

1. The overall market sentiment has worsened.

2. Selling pressure increases, breaking below the 0.000012 USD support.

3. Technical pattern failure, backtesting lower range.

Conclusion

SHIB is currently under the dual benefits of technical reversal signals and a resurgence in search popularity. If market sentiment continues to warm up along with capital inflow, this meme coin is expected to welcome a potential pump of up to 570%. However, investors still need to pay attention to market volatility and risk management, as emotions and price changes in the crypto market are often fleeting.