SHIB Price Prediction: Can It Surpass $0.000083 in the Next Bull Run?
- SHIB faces a short-term downtrend, with key support at $0.00001800 and $0.00001750.
- RSI near oversold territory signals potential reversal if buying momentum returns.
- 2025 SHIB price forecast suggests modest growth, ranging from $0.000027 to $0.000033.
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. With a circulating supply of 589.25 trillion SHIB, the price remains well below its all-time high.
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.
Related: Shiba Inu Battles Resistance Levels as Wh…
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SHIB Price Prediction: Can It Surpass $0.000083 in the Next Bull Run?
- SHIB faces a short-term downtrend, with key support at $0.00001800 and $0.00001750.
- RSI near oversold territory signals potential reversal if buying momentum returns.
- 2025 SHIB price forecast suggests modest growth, ranging from $0.000027 to $0.000033.
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. With a circulating supply of 589.25 trillion SHIB, the price remains well below its all-time high.
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.
Related: Shiba Inu Battles Resistance Levels as Wh…
The post SHIB Price Prediction: Can It Surpass $0.000083 in the Next Bull Run? appeared first on Coin Edition.
Read More