If You Hold SHIB, Please Read This Before the Price Changes Again

Shiba Inu has had a volatile journey, reflecting the overall mood of the altcoin market. As of June 12, 2025, SHIB is trading at $0.00001274 on the hourly chart and $0.00001281 on the daily chart. Both charts are pointing towards a critical phase where Shiba Inu must defend the key support level or risk a deeper correction. Let’s analyze the technical analysis and predict where SHIB might head next. Shiba Inu Price Prediction: Is the SHIB Price Preparing for a Short-Term Reversal?

On the hourly chart, the price of SHIB has recently touched a low of $0.00001260 and has recovered slightly, forming a potential double bottom pattern just above the main support level. The current price action is fluctuating around the 20-hour SMA line, slightly lower than $0.00001285. A decisive close above this moving average would be the first sign of a short-term bullish reversal. The Heikin Ashi candles indicate that the bearish momentum is weakening as the latest red candles are narrowing. This suggests that sellers are losing control. Furthermore, the price has begun to retest the resistance level at $0.00001285. If buyers attempt to push SHIB above $0.00001291 (the 50-hour SMA), the next bullish target will be the confluence area between $0.00001309 and $0.00001331. To validate this recovery, confirming the volume and rechecking the support level $0.00001300 will be crucial. A 2% increase from here will push the price of Shiba Inu to $0.00001300, while a 5% increase will drive the price up to $0.00001338. What Does the Daily Chart Reveal About the Trend?

Minimize the daily chart, the overall picture looks more pessimistic than optimistic. The price of SHIB has been on a steady decline since May, failing to surpass the 50-day SMA line near $0.00001391. The current candle is showing rejection from the 20-day SMA line, indicating that the downtrend is still ongoing unless a strong breakout occurs. The support level of $0.00001276 has held firm over the past week, serving as a base. If this support level is broken, the price of Shiba Inu may drop to the next major horizontal support level near $0.00001150, implying an additional decrease of 10%. However, the recovery from here could form a higher low structure if the SHIB price regains the level of $0.00001330 ( just above the 100-day SMA ), sentiment may shift to bullish again. This would pave the way for $0.00001400 and possibly even $0.00001700, where the 200-day SMA is currently located. How Much Can SHIB Price Change From Here? Let's do some quick calculations regarding the positives and negatives based on the chart levels: The potential price increase from the current price ($0.00001281) to the resistance level at $0.00001391 = ($0.00001391 - $0.00001281) ÷ $0.00001281 × 100 = increase of 8.58% The downside risk support level is at $0.00001150 = ($0.00001281 - $0.00001150) ÷ $0.00001281 × 100 = loss 10.23% This makes the current risk-reward ratio slightly unfavorable unless the price of Shiba Inu convincingly breaks above the support level of $0.00001330. If that happens, the rewards could increase significantly, changing the outlook. Shiba Inu Price Prediction: Can the SHIB Price Regain Its Uptrend? Technically, the price of SHIB is at a critical level. The price structure is consolidating just above the long-term support level, while the moving averages are beginning to flatten out. This often foreshadows a trend reversal or a strong breakdown. If SHIB regains momentum and reclaims the 50-day SMA, buyers may regain confidence. On the other hand, continuous trading below $0.00001260 could accelerate the sell-off. Final Thoughts: What Will Happen Next to Shiba Inu Price? The price of Shiba Inu is currently stuck between a weak bearish resistance and a potential bullish breakout zone. The key levels to watch are $0.00001330 on the daily chart and $0.00001291 on the hourly chart. If these levels are cleared, the price of SHIB could rise by 8–10% in the near future. However, if the support at $0.00001260 fails, we could see a swift move down to $0.00001150. Investors should monitor the volume and rejection of the trendline to confirm before entering any trades. Patience is key, and SHIB's next big move may be imminent.

SHIB-0.47%
A-3.13%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)