{"id":385470,"date":"2025-03-28T22:08:57","date_gmt":"2025-03-28T16:38:57","guid":{"rendered":"https:\/\/dripp.zone\/news\/is-shiba-inu-price-due-for-80-rally-in-april-as-shib-escapes-falling-wedge-pattern-crypto-news\/"},"modified":"2025-03-28T22:12:40","modified_gmt":"2025-03-28T16:42:40","slug":"is-shiba-inu-price-due-for-80-rally-in-april-as-shib-escapes-falling-wedge-pattern-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/is-shiba-inu-price-due-for-80-rally-in-april-as-shib-escapes-falling-wedge-pattern-crypto-news\/","title":{"rendered":"Is Shiba Inu Price Due for 80% Rally in April As SHIB Escapes Falling Wedge Pattern? &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p><span style=\"font-weight: 400;\">Shiba Inu price could be on the verge of an 80% rally in April 2025 after the meme coin broke out of a falling wedge pattern. This breakout hints that SHIB price may double next month, and possibly lead gains across the broader crypto market.\u00a0<\/span><\/p>\n<h2><strong>Shiba Inu Gears for 80% Rally After Breakout Falling Wedge Pattern\u00a0<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Shiba Inu price today trades at $0.0000133 after a 5% drop in 24 hours. This decline follows a massive pullback across the broader crypto market after the <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/us-pce-comes-in-at-2-5-but-core-pce-sparks-bitcoin-dip-concerns\/\"><span style=\"font-weight: 400;\">US PCE inflation data<\/span><\/a><span style=\"font-weight: 400;\"> for February came in hotter-than-expected.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Despite this pullback, the daily price chart indicates that the second-largest meme coin is still holding on to a bullish setup. More importantly, SHIB had broken out of a falling wedge pattern and teased a reversal from a bearish trend to a bullish trend.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">After the recent decline, this <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/markets\/4-meme-tokens-that-could-100x-after-this-key-binance-listing\/\"><span style=\"font-weight: 400;\">top meme token<\/span><\/a><span style=\"font-weight: 400;\"> has retested the upper trendline of the falling wedge as support. If it avoids breaching this trendline, it could trigger a nearly 80% price gain for the meme coin to $0.000023. At this point, SHIB will have doubled in price.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To confirm the strength of this bullish breakout, the RSI needs to tip north and recover past 50 to show bullish momentum and an increase in buying activity. At press time, SHIB\u2019s RSI stood at 48, which is a near-neutral level.\u00a0<\/span><\/p>\n<figure id=\"attachment_246525\" aria-describedby=\"caption-attachment-246525\" style=\"width: 1781px\" class=\"wp-caption aligncenter\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-246525\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/SHIBUSDT_2025-03-28_17-25-29.png\" alt=\"Is Shiba Inu Price Due for 80% Rally in April As SHIB Escapes Falling Wedge Pattern?\" width=\"1781\" height=\"799\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/SHIBUSDT_2025-03-28_17-25-29.png 1781w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/SHIBUSDT_2025-03-28_17-25-29-300x135.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/SHIBUSDT_2025-03-28_17-25-29-1224x549.png 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/SHIBUSDT_2025-03-28_17-25-29-768x345.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/SHIBUSDT_2025-03-28_17-25-29-1536x689.png 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/SHIBUSDT_2025-03-28_17-25-29-150x67.png 150w\" sizes=\"auto, (max-width: 1781px) 100vw, 1781px\"\/><\/noscript><figcaption id=\"caption-attachment-246525\" class=\"wp-caption-text\">SHIB\/USDT: 1-day Chart<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">This falling wedge pattern shows the possibility that the Shiba Inu price can recover. However, for a strong uptrend, buying pressure needs to increase.\u00a0<\/span><\/p>\n<h2><strong>How DeFi Activity and SHIB Burn Rate Will Drive Gains\u00a0<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">One of the top reasons why the Shiba Inu price can witness a 2x price rally in April 2025 is a spike in the burn rate. Data from Shibburn shows that in the last week of March, the burn rate soared by more than 3,400%, with more than 2 billion tokens being taken out of circulation. This spike comes after a mysterious <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/markets\/shiba-inu-price-eyes-0-001-amid-1b-mysterious-shib-burn-and-supply-crunch-fears\/\"><span style=\"font-weight: 400;\">user burned 2 billion SHIB<\/span><\/a><span style=\"font-weight: 400;\"> tokens.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Besides the rising SHIB burn rate, data from DeFiLlama also shows a spike in the Total Value Locked (TVL) and DEX volumes on the Shibarium layer 2 blockchain.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Last week, the total <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/dexs\/shibaswap\"><span style=\"font-weight: 400;\">DEX volumes on ShibaSwap<\/span><\/a><span style=\"font-weight: 400;\"> reached $9.83 million, which was the highest level since mid-January. Meanwhile, the Shibarium TVL recently soared past $3M highlighting rising usage of the DeFi platform.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As the SHIB burn rate increases and the Shibarium network records an increase in adoption from DeFi users, the Shiba Inu price may register an 80% rally in April 2024 and post 2x gains.\u00a0<\/span><\/p>\n<section class=\"accordion-content mt-4\" id=\"faq\">\n<h2 class=\"mb-4 h3 fw7\">Frequently Asked Questions (FAQs)<\/h2>\n<div class=\"accordion-item\">\n<div class=\"faq-item-content\" style=\"\">\n<p>\n                            \tShiba Inu price can rally by more than 80% in April 2025 after breaking out of a falling wedge pattern on its daily chart. <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"accordion-item\">\n<div class=\"faq-item-content\" style=\"\">\n<p>\n                            \tA spike in the SHIB burn rate and high activity on the Shibarium layer 2 network will drive a parabolic rally for Shiba Inu price. <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"accordion-item\">\n<div class=\"faq-item-content\" style=\"\">\n<p>\n                            \tSHIB price is dropping today after a hotter-than-expected US inflation data caused volatility across the crypto market. <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n<p>                                <!-- \n\n<div class=\"desktopPostEnd d-on\"><\/div>\n\n --><\/p>\n<div class=\"m-on mobiless\">\n<div id=\"social-section-new\">\n<p>\u2713 Share:<\/p>\n<p>                                  <a rel=\"nofollow\" target=\"_blank\" class=\"social-text_new wp_new\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/markets\/is-shiba-inu-price-due-for-80-rally-in-april-as-shib-escapes-falling-wedge-pattern\/\" target=\"_blank\" style=\"display: block\">  <i class=\"fa fa-whatsapp\"\/><\/a><\/p>\n<div>\n                                <a rel=\"nofollow\" target=\"_blank\" class=\"social-text_new tw_new_logo\" href=\"https:\/\/twitter.com\/intent\/tweet?text=https:\/\/coingape.com\/markets\/is-shiba-inu-price-due-for-80-rally-in-april-as-shib-escapes-falling-wedge-pattern\/\" target=\"_blank\"><br \/>\n  <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\"\/><br \/>\n<\/a>\n                                <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"authorBoxnew newauthordesign\">\n<div class=\"author_Ndata d-flex align-items-center mb-2\">\n<div class=\"author_Image\">\n                                           <img loading=\"lazy\" alt=\"\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" data-lazy-srcset=\"https:\/\/secure.gravatar.com\/avatar\/6efc8974f41600ded0ff3e8b454dc03b?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" data-lazy-src=\"https:\/\/secure.gravatar.com\/avatar\/6efc8974f41600ded0ff3e8b454dc03b?s=200&#038;d=mm&#038;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/6efc8974f41600ded0ff3e8b454dc03b?s=200&#038;d=mm&#038;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/6efc8974f41600ded0ff3e8b454dc03b?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                  <\/div>\n<p>muthoni  <\/p>\n<\/p><\/div>\n<p>Muthoni Mary is a seasoned crypto market analyst and writer with over three years of experience dissecting blockchain trends, price movements, and market dynamics. With a sharp eye for technical analysis and an in-depth understanding of on-chain metrics, she delivers insightful, data-driven content that helps investors navigate the fast-paced world of digital assets.                     <\/p>\n<\/p><\/div>\n<p>Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shiba Inu price could be on the verge of an 80% rally in April 2025 after the meme coin broke out of a falling wedge pattern. This breakout hints that SHIB price may double next month, and possibly lead gains across the broader crypto market.\u00a0 Shiba Inu Gears for 80% Rally After Breakout Falling Wedge [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":385471,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-385470","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/385470","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=385470"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/385470\/revisions"}],"predecessor-version":[{"id":385472,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/385470\/revisions\/385472"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/385471"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=385470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=385470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=385470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}