Expectations for Shiba Inu (SHIB) are rising as September nears its end. After suffering multiple crashes in Q3 2024, SHIB's price has begun recovering. A machine learning algorithm from CoinCodex predicts a bullish short-term movement, forecasting SHIB could rise to $0.00003084 within five days, a 113.06% increase.

However, the algorithm's 30-day prediction shows SHIB could retrace back to $0.00001444 by October, suggesting a 50% decline after the expected breakout. Despite short-term gains, the long-term outlook remains bearish.

In terms of reaching a new all-time high, SHIB remains over 80% below its peak of $0.000088. The algorithm suggests SHIB won't hit a new high for five years, predicting a maximum price of $0.00148 by 2029, with a 2025 peak forecasted at $0.00006286.