SHIB Price Prediction: Can the Meme Coin Reach $1?

#SHIB

• Technical Outlook: SHIB shows mixed signals with bullish MA positioning but bearish MACD, suggesting near-term consolidation.
• Market Sentiment: Analyst optimism and burn mechanisms contrast with price stagnation, creating cautious bullish divergence.
• Price Target Feasibility: $1 valuation would require impossible market cap expansion under current supply conditions.

SHIB Price Prediction

SHIB Technical Analysis: Bullish Signals Emerging

According to BTCC financial analyst Olivia, SHIB is currently trading at 0.00001171 USDT, slightly above its 20-day moving average of 0.00001148, indicating potential bullish momentum. The MACD shows a bearish crossover (-0.00000019 signal line vs. 0.00000015 MACD line), but the narrowing histogram (-0.00000034) suggests weakening downward pressure. Bollinger Bands (Upper: 0.00001213, Middle: 0.00001148, Lower: 0.00001084) point to consolidation, with a breakout above the upper band potentially triggering a rally.

SHIB Market Sentiment: Cautious Optimism Amid Volatility

Olivia notes that despite recent 1.3B SHIB burns failing to lift prices, bullish divergence patterns and analyst targets of $0.000032 reflect long-term confidence. Community-driven token burns and technical resilience suggest SHIB may overcome short-term volatility, aligning with the technical outlook of a potential rebound.

Factors Influencing SHIB’s Price

Shiba Inu Shows Bullish Divergence, Analyst Predicts $0.000032 Target

Shiba Inu (SHIB) is gaining traction with a 2.1% rise in the past 24 hours, trading at $0.00001178. Market analyst Javon Marks highlights a completed bullish divergence on the 2-day MACD chart, signaling potential for a major reversal.

The asset peaked at $0.00001212 on July 3 before retracing, now showing resilience amid moderate volatility. Technical analysis reveals higher MACD readings during March 2025's low ($0.00001083) compared to July 2024's trough ($0.00001270), contradicting the price downtrend.

This divergence suggests weakening bearish momentum. SHIB's December 2024 rally to $0.000033 demonstrates its capacity for explosive moves, with Marks projecting a $0.000032 target as the next significant milestone.

Shiba Inu's Long-Term Prospects Amid Short-Term Volatility

Shiba Inu (SHIB) faces significant price fluctuations in 2025, with a 46% year-to-date decline attributed to macroeconomic tensions and geopolitical risks. Over 908,000 on-chain addresses hold 834.88 trillion SHIB at a loss, while 480,000 addresses remain profitable with 99.12 trillion tokens.

The Shiba Inu team urges investors to focus on long-term growth, dismissing short-term volatility. Marketing specialist Lucie projects substantial future valuation gains, emphasizing patience. Market dynamics suggest SHIB's trajectory hinges on broader crypto adoption and ecosystem development.

Shiba Inu Community Burns Over 1.3B SHIB in a Week, Yet Price Fails to Surge

The Shiba Inu community has intensified its token-burning efforts, destroying more than 1.3 billion SHIB tokens in the past week. Despite a 4,000% spike in daily burn rates—fueled by a surprise whale transaction—the price of SHIB dipped 3.4%, underscoring the disconnect between supply reduction and immediate market reaction.

Weekly burns rose 2.10% compared to the previous period, with 13.1 million SHIB sent to a dead wallet on July 3 alone. Over 410 trillion SHIB have now been permanently removed from circulation. The community’s aggressive deflationary strategy aims to enhance scarcity, though its impact on valuation remains delayed.

Will SHIB Price Hit 1?

Olivia explains that reaching $1 would require a ~85,000x increase from current levels (0.00001171 USDT), making it highly improbable without massive supply reduction or unprecedented demand. Key factors include:

While community efforts and ecosystem development (Shibarium) may drive medium-term gains, $1 remains unrealistic under current tokenomics.