⚡️ $SHIB Price Prediction: Can It Surpass $0.000083 in the Next Bull Run?
Shiba Inu (#SHIB ) remains one of the most-watched meme coins, drawing attention from both traders and long-term investors. With SHIB’s price sitting at $0.00001846, down 2.91% in the past 24 hours, many are asking whether it has the potential to break $0.000083 in the next bull run.
At the time of writing, SHIB’s market cap stands at $10.87 billion, reflecting the recent downturn. Trading volume has dropped by 27.60%, indicating reduced activity and investor interest.
🔸 Support and Resistance Levels: Where SHIB Stands
SHIB’s price chart reveals a short-term downtrend, with lower highs and lower lows suggesting continued bearish pressure. However, recent price movement suggests the market could be entering a consolidation phase.
Support Levels: The first key support sits at $0.00001800, where buyers have stepped in. If SHIB falls below this level, the next support is at $0.00001750, a stronger zone that could attract buying interest.
Resistance Levels: On the upside, SHIB faces immediate resistance at $0.00001900. A move above this level could open the door to $0.00001950, a more significant barrier that could determine the next trend shift.
🔸 Technical Indicators: Is a Reversal Coming?
Relative Strength Index (RSI): Currently at 36.42, the RSI shows weak momentum but suggests that SHIB is approaching oversold territory. If buyers step in, a reversal could be in play.
Moving Average Convergence Divergence (MACD): While still in negative territory, the MACD shows signs of bearish pressure easing, hinting at potential stabilization or a reversal.
🔸 SHIB Price Prediction for 2025
Looking ahead, analysts expect SHIB to see modest growth in 2025. According to Changelly data, price projections suggest:
Minimum target: $0.000027
Maximum target: $0.000033
Average price: $0.000028
While these predictions indicate gradual upward movement, SHIB’s ability to break $0.000083 depends on broader market trends, adoption, and whale activity.