Shiba Inu Price Prediction – SHIB Could Rebound to $0.00001864 Soon

Highlights:

• Shiba Inu is trending towards long-term support at $0.00000685
• Shiba Inu could rebound before hitting this price as whales dig in
• A rebound could push Shiba Inu to $0.00001864 short-term

Shiba Inu (SHIB) shows relative consolidation amidst weakness in the broader market, reflecting a modest decrease of 0.66% in price. Currently, SHIB is trading at $0.00001263, which is still better than many altcoins that have suffered more significant intra-day losses. 

Advertisement

However, the decline of 28% in trading volume to $142 million indicates that most investors are sitting on the sidelines waiting for more precise signals from the market. Such signals could already be showing for one of the top altcoins. 

Increased Whale Activity Shows Points to Possible Shiba Inu Rally

One strong bullish signal for Shiba Inu is whale accumulation. Blockchain tracking data indicates large investors have bought over 3.8 trillion SHIB tokens in the last few weeks. This was always the case before the Shiba Inu prices rallied. Additionally, Shiba Inu holders have increased by over 724% since January, further strengthening the case for a breakout. 

On-chain data indicates that SHIB's transaction volume has recently increased significantly, hitting an incredible 3.4 trillion SHIB in a single day: Comeback Here 💯🔥🔥 $SHIB #SHIBARMY https://t.co/BkRYY90t8j

— Shib Spain (@ShibSpain) March 20, 2025

Etherscan data reveals that previously dormant wallets are becoming active, and one whale bought 214 billion SHIB in a single transaction. SHIB rallied 800% in October 2021 after similar accumulation patterns were recorded.

Shiba Inu Sentiment Turning Positive

Data indicates higher user activity involving SHIB as transaction volume hit an all-time high of 4.19 trillion SHIB on March 16, 2025. From the weekly estimate of 2.73 trillion SHIB, an uptick indicates a positive trend. High volume increases have historically indicated sharp shifts in price and this context, with uncertain directional risks. 

Despite increasing activity levels, SHIB has had difficulty overcoming critical resistance levels. Currently, trading between 0.0000125 and 0.0000127, resistance has become a roadblock at 0.0000140. If SHIB does not push through 0.0000120, a significant correction could follow. 

Analysts Point to Possible Bullish Reversal for Shiba Inu

Analysts believe this value represents a significant support area with a multi-month descending price channel. Asadrizvi on Trading View states that if SHIB gains momentum, it must first overcome critical resistance points, including $0.000015 and $0.000020. Nonetheless, significant moving average congestion is visible, with the 200 EMA, 100 EMA, and 50 EMA acting as possible resistance. An advance above these levels could verify a bullish reversal while propelling SHIB up to $0.0000328. 

Another market analyst, MMB Trader, estimates a massive price increase for SHIB if it breaks out from the $0.0000050 and $0.000010 range. If SHIB manages to step out from this range, MMB Trader expects that would result in additional appreciation of up to $0.00002562, with an even more extravagant prediction of $0.00003514. That would mean a 171% increase from the current value.

Technical Analysis – SHIB Trending Towards Monthly Support

Like the rest of the market, Shiba Inu’s monthly charts show that it is bearish. If the selloff continues, it will reach the $0.00000685 support. 

With Bitcoin sending bearish signals and a possible drop to $58k, Shiba Inu could hit such a price in the foreseeable future. 

Recap

The combination of whale accumulation, higher transactions, and a favorable price outlook for 2025 indicates that SHIB could soon break out bullish. Nonetheless, Bitcoin’s performance, macroeconomic factors, and the development within Shiba Inu’s ecosystem will highly impact this.

Investors must pay attention to the support levels and the market sentiment to determine the breakout potentials. While multiple hurdles, ranging from the price action structure to exogenous events, lower the price upside possibilities, the data indicates that SHIB will still be an interesting asset to monitor in the forthcoming months.

Advertisement