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Shiba Inu (SHIB) To Rally Higher? Key Harmonic Pattern Signals Potential Upside Move

Shiba Inu (SHIB) To Rally Higher? Key Harmonic Pattern Signals Potential Upside Move

CoinsProbeCoinsProbe2025/09/12 14:27
By:Nilesh Hembade

Date: Fri, Sept 12, 2025 | 09:58 AM GMT

The cryptocurrency market is showing strength amid the anticipated potential US Federal Reserve rate cuts, with Ethereum (ETH) reclaiming the $4,500 mark today. Following this, several major memecoins are flashing bullish signals — including Shiba Inu (SHIB).

SHIB has turned green with an 8% gain over the past week, and more importantly, its price chart is displaying a key harmonic structure that could be pointing to a larger upside move in the near term.

Shiba Inu (SHIB) To Rally Higher? Key Harmonic Pattern Signals Potential Upside Move image 0 Source: Coinmarketcap

Harmonic Pattern in Play

On the daily chart, SHIB is forming a Bearish Crab harmonic pattern — a setup which, despite its name, often sees strong bullish action during the CD leg before the final reversal zone. This leg is currently in progress.

The pattern started at point X near $0.00001598, dropped to point A, rallied to point B, and then declined again to point C around $0.00001177. After bottoming at C, SHIB regained upside momentum, reclaiming the 200-day moving average and currently trading near $0.00001331.

Shiba Inu (SHIB) To Rally Higher? Key Harmonic Pattern Signals Potential Upside Move image 1 Shiba Inu (SHIB) Daily Chart/Coinsprobe (Source: Tradingview)

According to harmonic trading principles, the CD leg could extend toward the Potential Reversal Zone (PRZ) near $0.00001869, aligning with the 1.618 Fibonacci extension of the XA leg. If achieved, this would represent a potential 40% upside from current levels.

What’s Next for SHIB?

For SHIB to maintain this bullish trajectory, it must hold above the 200-day moving average ($0.000012984). Staying above this critical support could fuel further momentum, increasing the likelihood of a move toward the $0.00001869 target zone, where traders might expect resistance or profit-taking.

However, if SHIB fails to defend the 200-day MA, the setup could weaken, delaying or even invalidating the bullish outlook.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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