SHIB Price Prediction: Assessing the Path to $0.000024 and Beyond

#SHIB

• Technical Breakout Potential: SHIB trading above 20-day MA with Bollinger Band squeeze suggesting imminent volatility
• Fundamental Catalysts: Shibarium upgrade and reduced exchange reserves creating positive supply dynamics
• Realistic Price Targets: $0.000024 near-term and $0.000081 medium-term are mathematically feasible unlike $1 target

SHIB Price Prediction

Technical Analysis: SHIB Shows Bullish Momentum Above Key Moving Average

SHIB is currently trading at $0.00001424, positioned above its 20-day moving average of $0.00001265, indicating underlying strength. The MACD histogram reading of -0.00000033 suggests some bearish momentum, though the signal line at 0.00000003 remains positive. Price action NEAR the upper Bollinger Band at $0.00001379 signals potential overbought conditions, while support rests at the lower band of $0.00001151.

According to BTCC financial analyst Mia, 'The technical setup shows SHIB maintaining above critical support levels, with the current price trading 12.6% above the 20-day MA. This suggests consolidation before potential upward movement, though traders should monitor the MACD for any crossover signals.'

Market Sentiment: Positive Catalysts Drive SHIB Optimism

Recent developments surrounding Shiba Inu are generating bullish sentiment across cryptocurrency markets. The 25% price surge following Shibarium upgrades and declining exchange reserves indicates strong accumulation patterns. Additionally, the successful LEASH v2 migration post-audit clearance provides fundamental support for the ecosystem's development.

BTCC financial analyst Mia notes, 'The combination of technical upgrades and reducing supply on exchanges creates a favorable environment for SHIB. The market is responding to these fundamental improvements, though investors should remain cautious of overbought signals flashing at current levels.'

Factors Influencing SHIB's Price

Shiba Inu Price Prediction: SHIB Builds Momentum for $0.000081 Rally

Shiba Inu (SHIB) is gaining significant traction as its 24-hour trading volume surges to $587.9 million, reflecting heightened investor interest. The token's price has climbed 10.89% in the past day and 20.45% over the week, now trading at $0.00001475 with a market cap of $8.68 billion.

Technical analysts remain bullish, with Javon Marks holding firm on a $0.000081 price target—a potential 6X rally. Chart patterns and indicators suggest sustained upward momentum, despite market skepticism. The Shiba Inu ecosystem continues to attract attention as traders anticipate a breakout above key resistance levels.

Shiba Inu Price Surges 25% Amid Shibarium Upgrade and Declining Exchange Reserves

Shiba Inu (SHIB) rallied to $0.000014, marking a 25% rebound from monthly lows as Shibarium's total value locked (TVL) spiked 40% to $2.28 million—the highest since June. The layer-2 network's resurgence follows a critical ShibaSwap UI overhaul designed to streamline DeFi operations, featuring a unified trading portal and cross-chain compatibility with Ethereum and Polygon.

Exchange balances of SHIB tokens contracted during the uptrend, suggesting accumulation by bullish investors. Despite the platform's recent hacking incident, developer Nika confirmed the upgrade delivers "lightning quick" swaps and "breeze-like" navigation—a strategic move to strengthen Shibarium's position in the competitive layer-2 arena.

Shiba Inu Confirms LEASH v2 Migration After Audit Clearance

The Shiba Inu development team has officially confirmed the migration from LEASH v1 to LEASH v2, following the completion of a security audit. The move addresses vulnerabilities in the original contract, including a critical flaw that allowed unauthorized supply adjustments. Hexens, a Web3 cybersecurity firm, conducted the audit, clearing the way for the migration to proceed.

Delays in the transition stemmed from discovered flaws in LEASH v1, notably a rebasing mechanism that contradicted the token's fixed-supply promise. An exploit earlier this year inflated the circulating supply by 20%, prompting the overhaul. With the audit now finalized, the team assures holders that the upgraded contract eliminates these risks.

SHIB Price Surges 10.84% as Technical Indicators Flash Overbought Signals

Shiba Inu's SHIB token rallied 10.84% in 24 hours despite entering overbought territory, with its Relative Strength Index hitting 70.75. The meme coin's bullish momentum faces a critical test at the 200-day exponential moving average, a key resistance level that could determine whether the uptrend sustains or triggers a corrective pullback.

Market technicians note SHIB successfully defended the $0.0000128 support level after a brief consolidation period. The current price action mirrors September 6 predictions of a correction when SHIB dipped 0.46%, though the asset has since rebounded more aggressively than anticipated.

SHIB Price Prediction: Critical $0.0000138 Breakout Could Target $0.000020-$0.000024 by October 2025

Shiba Inu faces a pivotal technical test at the 200-day EMA resistance level of $0.0000138. A bullish breakout could propel SHIB into a $0.000020-$0.000024 range within 4-6 weeks, while failure risks a drop to $0.0000121.

Analyst sentiment remains divided. Changelly's September 12th analysis projects a conservative $0.0000121 target, citing bearish indicators and a declining 50-day moving average. Meanwhile, CoinCodex maintains a more optimistic $0.000014 forecast, supported by bullish technical signals.

The coming weeks will determine whether Shiba Inu can overcome key resistance or face renewed downward pressure. Market participants are watching the $0.0000138 level closely as a potential inflection point for SHIB's medium-term trajectory.

Will SHIB Price Hit 1?

Based on current technical analysis and market fundamentals, SHIB reaching $1 represents an extremely improbable scenario in the foreseeable future. At the current price of $0.00001424, achieving $1 would require a price increase of approximately 7,000,000% from current levels.

As BTCC financial analyst Mia explains, 'While SHIB shows promising short-term momentum toward the $0.000024 target, the mathematics of reaching $1 are fundamentally implausible given current tokenomics and market realities. Investors should focus on more realistic price targets and fundamental developments within the Shiba Inu ecosystem.'