Shiba Inu (SHIB)

$SHIB

Shiba Inu price has pulled back to $0.000030 from this month’s high of $0.000033. On the positive side, Shiba Inu burns are increasing, removing millions of coins from circulation. Also, the coin formed a golden cross pattern as the 200-day and 50-day moving averages crossed each other.

The coin is also forming a cup and handle pattern whose upper side is at $0.00004552, the year-to-date high. This pattern means that the SHIB price has more upside to go in 2025, with a potential for rising to its all-time high at $0.0000883.