thecryptobasic.com 
Crypto analyst Crypto Sheriff believes Shiba Inu has entered a new phase of its market cycle and could soon transition into the rocket phase.
According to Sheriff, Shiba Inu has spent roughly five years trading below a descending trendline, reflecting a prolonged period of weakness. During that time, $SHIB also endured an extended consolidation phase near its lows as persistent selling pressure kept its price below key resistance levels.
However, Sheriff argues that $SHIB’s market structure has now changed. The token has broken above the long-term descending trendline, suggesting that it may have moved beyond the decline and consolidation stages and entered a recovery phase.
Shiba Inu Moves From Decline to Recovery
The chart shared by Sheriff illustrates this progression. $SHIB entered a prolonged decline after reaching its all-time high of $0.00008845 in October 2021. The token then spent months consolidating near its lows before recently breaking above the descending trendline.
With that breakout, Sheriff believes the recovery phase may not be the final stage of the current cycle. Instead, he expects $SHIB to eventually transition into what he describes as the “rocket phase,” which could trigger a much stronger price advance.
“Decline, consolidation, recovery, and the rocket phase,” he remarked.
Although Sheriff did not provide a specific price target for the anticipated move, he suggested that another major rally could arrive soon.
$SHIB/USDT Price Chart
His outlook comes shortly after $SHIB staged a notable rally that pushed its price above $0.0000061. The token has since surrendered some of those gains and is currently trading around $0.0000053.
Nonetheless, Sheriff maintains that the pullback does not invalidate his recovery thesis. Instead, he views the broader market structure as evidence that $SHIB could be preparing for another significant move.
Previous Bullish $SHIB Outlook
Sheriff’s latest projection is consistent with his historically bullish outlook on Shiba Inu. He has previously predicted that $SHIB could eventually reach new all-time highs of $0.0002 and even $0.001.
However, those targets remain significantly above the token’s current price. $SHIB has also failed to return close to its previous all-time high of $0.00008845 since Sheriff first made those projections in October 2024.
The token’s strongest move following that prediction came in December 2024, when $SHIB climbed to roughly $0.000033 amid a broader crypto market rally following Donald Trump’s reelection. $SHIB subsequently lost momentum and has remained below $0.00001 since the beginning of 2026.
At $0.000005292, $SHIB would need to surge about 3,679% to reach $0.0002. Meanwhile, reaching $0.001 would require an even larger increase of roughly 18,796%.
Therefore, Sheriff’s “rocket phase” represents a highly bullish scenario rather than a guaranteed outcome.
