SHIB Price Prediction: Analyzing the Path to $1 and Beyond

#SHIB

• Technical indicators show mixed signals with price below 20-day MA but MACD suggesting bullish momentum
• Market sentiment is cautious due to Shibarium network issues amid positive analyst predictions
• Reaching $1 would require unprecedented market cap expansion beyond current global economic scales

SHIB Price Prediction

Technical Analysis: SHIB Shows Mixed Signals Near Key Moving Average

According to BTCC financial analyst Emma, SHIB is currently trading at $0.00001261, slightly below its 20-day moving average of $0.00001292. The MACD indicator shows bullish momentum with the MACD line at 0.00000033 above the signal line at 0.00000016, generating a positive histogram of 0.00000018. The Bollinger Bands indicate SHIB is trading within the middle range with upper band at $0.00001394 and lower band at $0.00001191, suggesting potential resistance above and support below current levels.

Market Sentiment: Mixed News Flow Creates Uncertainty for SHIB

BTCC financial analyst Emma notes that recent news presents a mixed picture for SHIB. While some analysts predict a breakout from consolidation phases and the cryptocurrency nears all-time highs, concerning developments include Shibarium's metric crash and ongoing regulatory pressures from 115 crypto firms urging Senate protections. This creates a cautious optimism in market sentiment, though technical levels remain the primary driver for near-term price action.

Factors Influencing SHIB's Price

Shiba Inu Nears All-Time High as Analyst Predicts Breakout from Consolidation Phase

Shiba Inu (SHIB) is showing signs of an impending breakout as analyst Kamran Asghar identifies the end of a prolonged consolidation phase. Historical patterns suggest the meme coin could be poised for parabolic expansion, mirroring its 1,154% surge in September 2021 when it reached its previous all-time high of $0.000088554.

Technical analysis reveals SHIB has followed a consistent cycle since 2021, alternating between rectangular consolidation ranges and explosive rallies. The current phase, beginning in May 2022, appears to be concluding—a development that typically precedes significant price movements. Market capitalization growth is expected to accelerate if the pattern holds.

"The chart is now poised for a massive expansion," Asghar noted in his August 2025 analysis. The cryptocurrency community watches closely as SHIB tests key resistance levels, with many anticipating a repeat of its historic performance.

115 Crypto Firms Urge Senate to Protect Developers in Market Legislation

A coalition of 115 cryptocurrency firms, including major exchanges like Coinbase and Kraken, has petitioned the U.S. Senate to include protections for software developers in upcoming market structure legislation. The group warns that without these safeguards, the bill risks stifling innovation in decentralized networks.

The letter emphasizes America's historical leadership in technological advancement, from the internet to artificial intelligence. It argues that maintaining this edge in the digital finance era requires clear regulatory distinctions for non-custodial services and open-source development.

Notably, the push comes as projects like Shib face increasing regulatory scrutiny. The coalition's stance reflects growing industry alignment around developer protections as a prerequisite for supporting new crypto legislation.

Shiba Inu’s Shibarium Suffers Crash In Major Metric, Is SHIB Price At Risk?

Shiba Inu's layer-2 network, Shibarium, has seen a dramatic drop in daily transactions, raising concerns for SHIB's price trajectory. Transactions plummeted from 4 million on August 23 to 624,140 by August 25—a two-month low. While a slight recovery to 1.76 million transactions occurred on August 26, activity remains well below recent averages.

The decline directly impacts SHIB's token burn mechanism, a critical deflationary measure. Network fees typically fund these burns, but with transactions down 87% week-over-week, only 8.8 million SHIB were removed from circulation. A fleeting bright spot emerged with a 500% surge in burns over 24 hours, though the long-term trend remains bearish.

Market observers note the correlation between Shibarium's utility and SHIB's valuation. As network activity wanes, so does the organic demand pressure from token burns—just as the broader crypto market attempts a recovery.

Will SHIB Price Hit 1?

Based on current technical analysis and market conditions, reaching $1 per SHIB would represent an astronomical increase of approximately 7,900,000% from its current price of $0.00001261. BTCC financial analyst Emma emphasizes that while cryptocurrency markets are known for volatility, such a move would require unprecedented adoption, burning mechanisms, and market capitalization expansion that currently appears unrealistic given SHIB's circulating supply of 589 trillion tokens. For context, reaching $1 would give SHIB a market cap larger than the current global GDP.