Here’s Why Analysts Are Predicting A Massive Shiba Inu Price Rally In October

Shiba Inu is back in focus as October begins, with the crypto now buying and selling above $0.000012 after weeks of sideways motion beneath this worth degree. Despite the sideways worth motion, on-chain knowledge is pointing to a change in metrics that might soon translate into a breakout. 

Crypto analyst Zayn shared recent on-chain knowledge of Shiba Inu custody on social media platform X, mentioning that the meme coin could also be organising for what merchants have nicknamed Uptober.

Exchange Reserves Hit Lowest Level Since 2023

According to data from on-chain analytics platform CryptoQuant, Shiba Inu alternate reserves have fallen to 84.55 trillion tokens, valued at about $998 million based mostly on the present worth of SHIB. This is necessary as a result of that is the bottom quantity of SHIB held on crypto exchanges since 2023, proper earlier than the crypto market began to transition out of a bear market.

Interestingly, CryptoQuant’s knowledge exhibits that Shiba Inu’s alternate reserves have been locked in a constant downtrend all through a lot of 2025, with massive outflows steadily draining tokens from alternate wallets. 

That development briefly reversed in September when SHIB’s worth tried a breakout above $0.0000146 however was rejected. The rejection triggered a brief spike in reserves, seemingly as short-term traders moved their holdings again onto exchanges to promote into the rally.

 However, CryptoQuant knowledge exhibits that the alternate reserve has resumed its outflows prior to now few days, which exhibits {that a} huge quantity of tokens are leaving exchanges and shifting into self-custody or staking.

Why Does This Matter?

The decline in Shiba Inu’s alternate reserves carries weight as a result of it straight impacts the steadiness between provide and demand. A shrinking provide of tokens on exchanges usually interprets to diminished promoting stress, since fewer holders are ready to dump their tokens rapidly. 

At the identical time, historical past has proven that vital drops in alternate reserves usually precede phases of sturdy accumulation. These accumulation waves have acted as a basis for rallies, and this provides a cause to consider that the present development might as soon as once more set the stage for a significant worth breakout.

Zayn famous that SHIB is at the moment buying and selling just below a descending resistance trendline with decrease highs and better lows since May 2025. The bullish outlook proper now could be a break above this resistance of upper lows.

SHIB’s monitor file in October gives an extra layer of confidence for its worth outlook. Since its launch, Shiba Inu has by no means recorded a crimson October. Even throughout the 2022 bear market, SHIB managed to shut the month in revenue. 

This constant efficiency, mixed with the present depletion of Shiba Inu alternate reserves, is why analysts are more and more satisfied that SHIB could possibly be on the verge of a big rally. If the development repeats, October 2025 may add another chapter to Shiba Inu’s historical past of Uptober rallies.

At the time of writing, Shiba Inu is buying and selling at $0.00001261, up by 2.4% prior to now 24 hours.