**Shiba Inu Price Analysis: What to Expect When Its Bullish Phase Starts**
*Written by Elendu Benedict | Follow TheCryptoBasic*
A prominent market analyst has dissected Shiba Inu (SHIB) trends over the past two years, providing valuable insights into what investors can expect when its bullish phase begins. Specifically, IncomeSharks, a widely followed crypto analyst, highlighted several key market phases for Shiba Inu. These include a short period of explosive price action followed by an extended period of price consolidation.
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### Shiba Inu Price Action Over the Past 2 Years
Remarkably, many analysts have noted that this current bull cycle is different from previous ones. This observation applies to Shiba Inu, which has been consolidating even during the broader crypto bull market.
Historically, the post-halving year for Bitcoin and altcoins comes with massive price upside. However, Shiba Inu has not followed this pattern. Data show that SHIB has corrected by a staggering 53% year-to-date, leaving holders nursing portfolio losses.
Amid this price movement, IncomeSharks shared how SHIB’s price evolved over the last two years. The token consolidated for the first two months of 2024 before experiencing rapid growth in March, rallying 144.7% from $0.0000307 to $0.00004567. Investors felt optimistic during the rally, but this was followed by a steep price consolidation down to $0.00001078 in August 2024—a six-month period of stagnation before the next upward move.
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### 11 Months of Price Consolidation
After the six-month consolidation, Shiba Inu saw a relief rally starting September 2024. Between September and November, SHIB recorded three consecutive monthly gains, peaking in December 2024. During this phase, the price surged from $0.00001231 to $0.00003343, representing a 171.5% increase.
Since then, Shiba Inu has entered an extended correction phase that has lasted 11 months. Analysts note that SHIB tends to follow a repeating pattern: a brief uptrend followed by a prolonged downtrend or consolidation.
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### Could Shiba Inu Bounce Back?
Despite the recent struggles, the chance of a rebound for Shiba Inu is not out of the question. The asset has previously experienced long periods of consolidation followed by strong rallies. Notably, SHIB consolidated for 11 months between March 2023 and January 2024 before surging in February and March 2024.
If this pattern repeats, a short but explosive price surge could be on the horizon, offering significant gains to patient holders.
Analyst MMB Trader recently shared his bullish outlook, predicting a rebound to $0.00007730. This target represents a 684% rally from the current market price of approximately $0.00000985.
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### Disclaimer
This content is for informational purposes only and should not be considered financial advice. The views expressed may reflect the author’s personal opinions and do not necessarily represent The Crypto Basic’s stance. Readers are encouraged to conduct their own thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses resulting from using this information.
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### About the Author
**Elendu Benedict** is a seasoned cryptocurrency writer with over two years of experience covering blockchain technology, cryptocurrencies, and market trends. With expertise spanning ETFs, DeFi, and Web3, he specializes in producing engaging and educational content on a wide range of crypto-related topics.
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https://thecryptobasic.com/2025/10/31/shiba-inu-in-11-month-bear-market-but-data-shows-explosive-phase-could-happen/
