SHIB Price Prediction: How High Will the Rally Go?

#SHIB

• Technical indicators show SHIB consolidating with bullish potential above 20-day MA
• Record burn rate creating supply shock conditions that could drive prices higher
• Market sentiment aligns with technical outlook for potential breakout

SHIB Price Prediction

SHIB Technical Analysis: Bullish Signals Emerging

According to BTCC financial analyst Michael, SHIB is currently trading at 0.00001167 USDT, slightly above its 20-day moving average of 0.00001148. The MACD indicator shows a bearish crossover but remains close to the zero line, suggesting potential for reversal. Bollinger Bands indicate the price is near the middle band, with room to test the upper band at 0.00001212. Michael notes, 'The technical setup shows consolidation with a bullish bias, especially if SHIB holds above the 20-day MA.'

SHIB Market Sentiment: Optimism Fuels Rally Speculation

BTCC financial analyst Michael highlights the recent surge in Shiba Inu's burn rate by 10,845% as a key driver of bullish sentiment. 'The supply reduction campaign is creating scarcity, which historically precedes price rallies,' Michael explains. Combined with broader market optimism, these factors are fueling speculation of a sustained upward move. However, Michael cautions that technical resistance levels must be breached for the rally to gain momentum.

Factors Influencing SHIB’s Price

Shiba Inu Shows Bullish Reversal Signals Amid Market Optimism

Shiba Inu (SHIB) is displaying early signs of a potential trend reversal, with technical indicators pointing toward upward momentum. The meme coin traded at $0.00001178 on July 7, 2025, marking a 2.1% daily gain and a 2.4% weekly increase. A brief rally to $0.00001212 on July 3 preceded a minor pullback, but the asset has since stabilized.

Analyst Javon Marks identified a completed bullish divergence on SHIB's 2-day chart, signaling strengthening momentum. The MACD indicator revealed this divergence as SHIB set a lower price low in March 2025 ($0.00001083) compared to July 2024 ($0.00001270), while simultaneously showing higher lows in momentum—a classic reversal pattern. This technical setup mirrors conditions preceding SHIB's 160% surge in late 2024.

Shiba Inu Burn Rate Jumps 10,845%, Here’s Possible Impact on SHIB Price

The Shiba Inu ecosystem has reignited its deflationary mechanism, with the burn rate surging by 10,845% in the last 24 hours. Data from Shibburn reveals that 9,551,523 SHIB tokens were sent to inactive wallets, a move designed to reduce circulating supply and drive price appreciation.

Community-led burns are central to SHIB's deflationary strategy. By systematically removing tokens from circulation, the ecosystem aims to create scarcity and stimulate demand. The current circulating supply stands at 589 trillion SHIB, with a significant portion staked or locked.

While the recent burn represents a fraction of the total supply, persistent reduction efforts could compound over time. Market dynamics suggest that sustained burns may eventually exert upward pressure on SHIB's valuation, though immediate price impact remains muted given the token's vast circulating base.

Shiba Inu's Supply Reduction Campaign Fuels Price Rally Speculation

Shiba Inu (SHIB), the meme coin renowned for its fervent community support, is witnessing a dramatic surge in token burns, with the burn rate skyrocketing 12,833%. This aggressive supply reduction strategy is drawing attention from analysts who foresee potential price appreciation.

Market observer Tektonic notes SHIB's bullish technical structure, projecting an 18% rally. The coin currently trades at $0.00001179, with the $0.0000119 level emerging as a critical resistance point. Crypto commentator Degen Profit suggests a breakout could trigger a 24% surge, potentially pushing SHIB to $0.0000148 or even $0.0000177 in an extended rally.

The SHIB Army's burn campaign exemplifies basic economic principles—constricting supply amid steady demand typically creates upward price pressure. Whether this momentum will propel SHIB toward the psychologically significant $0.0001 threshold remains the community's burning question.

How High Will SHIB Price Go?

Based on current technicals and market sentiment, BTCC analyst Michael projects a near-term target of 0.00001250 USDT for SHIB, representing a ~7% upside from current levels. Key factors supporting this prediction include:

Michael notes, 'The 0.00001212 upper Bollinger Band is the immediate resistance, with 0.00001300 as the next psychological level if buying pressure sustains.'