š¶ Shiba Inu Price Prediction: Will Shiba Inu Surge 100% This Bull Run in 2025?
After a remarkable 100% rally in November, Shiba Inu has faced a steep decline in the days that followed. This correction brings Shiba Inu closer to critical support at the 50 EMA below $0.000025āa level that has historically provided a launchpad for recovery. Market watchers and analysts now speculate whether Shiba Inu can regain momentum and potentially double its value during the current bull run.
On December 17, IntoTheBlock reported a 258% surge in large transaction volumes, with whales moving over 6.42 trillion SHIB, valued at approximately $175 million. This spike in activity suggests that large holders may be positioning for a potential rally in the new year 2025 following the winter holiday dip.
However, Shiba Inuās price has yet to reflect significant upward movement, indicating that the market may be consolidating before a decisive trend emerges. Shiba Inu has struggled to maintain support at $0.000027. If Shiba Inu fails to hold this level, further declines toward $0.000022 or even $0.000020 could occur again.
To break the current downtrend, Shiba Inu needs increased buying interest and a sustained push above key resistance levels. While the path to a 100% surge is challenging, whale movements and critical support levels suggest that Shiba Inu still holds the potential for a recovery in this bull run in 2025 if demand grows.