Shiba Inu (SHIB) Price Prediction and Analysis 2025

Bittime - Shiba Inu (SHIB) price is currently in a downward trend for quite a long time, forming a descending wedge pattern. 

However, there are indications that the SHIB price is reaching its lowest point and has the potential to experience a breakout if it is able to penetrate an important resistance level. Read this article to see Shiba Inu (SHIB) 2025 price analysis and predictions!

Shiba Inu (SHIB) Price Analysis

Source: CCN

In the 4-hour chart above, it can be seen that Shiba Inu price has continued to move in a descending wedge pattern since peaking at $0.00003342 on December 8. This pattern is characterized by the formation of lower highs and lower lows.

Elliott wave analysis shows that SHIB has gone through a WXY corrective pattern since reaching a local high of $0.000045 on March 5. Wave W fell sharply, followed by a corrective wave X that failed to break the descending resistance. 

Currently, wave Y is taking the price lower, forming several corrective sub-waves ending around important support levels.

Additionally, the RSI indicator shows oversold conditions, which is often a sign of a potential reversal. Interaction with the 0.786 Fibonacci retracement level around $0.00001504 also strengthens the possibility of a rebound in the near term.

Shiba Inu Price Prediction 2025

Source: CCN

In the 1-hour chart above, Shiba Inu price appears to have completed wave E of a larger correction, forming a double-bottom pattern around the $0.00001172 level. 

Meanwhile, if SHIB successfully breaks out of the descending wedge, it will most likely test the first resistance level at $0.00001504, which corresponds to the 0.786 Fibonacci retracement level. 

The next target is at $0.00002147 (Fibonacci level 0.618), which is the area where the previous lower highs were formed. If bullishness continues, SHIB has the potential to rise to $0.00002599 (Fibonacci level 0.5), which is when selling pressure is likely to increase. 

If the price movement remains strong, the $0.00003609 level (0.236 Fibonacci level) becomes the next target as part of a full retracement of the previous corrective pattern.

However, if SHIB fails to break the descending wedge resistance, there is a continued risk of downside. If SHIB falls below the $0.0000100 level, then the bullish scenario becomes invalid, and the price could again test the lower support level.

Shiba Inu Price Key Levels 

Here are the key Shiba Inu price levels to pay attention to in 2025.

Initial Resistance: $0.00001504 (Fibonacci 0.786)

Key Resistance: $0.00002147 (Fibonacci 0.618)

Critical Resistance: $0.00002599 (Fibonacci 0.5)

Short Term Targets: Above $0.00003609 if bullish momentum persists

Zona Invalidation: Below $0.0000100, signaling potential further downside

Conclusion

Shiba Inu (SHIB) price is currently at a critical point that determines the direction of the next movement. If it is able to break the resistance of the descending wedge pattern with strong volume, there is a great opportunity for a significant increase. 

However, if it fails, the risk of further downside remains. Investors should pay attention to key levels and technical indicators before making investment decisions.

Read Also: Shytoshi Kusama Says Goodbye To Shiba Inu

Shiba Inu FAQs

What is Shiba Inu?

Shiba Inu is a crypto asset that was originally known as a meme coin with the iconic Shiba Inu dog mascot, but has now grown into a project with a broad ecosystem, including DeFi, token burning, and a Layer 2 solution called Shibarium.  

How Does Shiba Inu Token Burn Work?

Shiba Inu token burn is carried out by permanently removing a portion of the supply of SHIB tokens to reduce the number in circulation, so that the token becomes scarce and is expected to increase the value of the token.

What's that Shibarium and the Benefits for Shiba Inu?

Shibarium is a Layer 2 Shiba Inu solution designed to increase transaction speed, reduce gas fees, and support blockchain-based application development.

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Reference

CCN, Shiba Inu (SHIB) Poised for Breakout as Descending Triangle Nears End, accessed March 12, 2025

Author: IPR