Shiba Inu Ready to Bark Again? Price Action Signals a Breakthrough

Shiba Inu, the notorious meme coin that once shocked the market with thousands of percent gains, has been quite quiet over the past few weeks. But recent technical patterns are whispering a different story—SHIB may be preparing for another big move. After a prolonged downward trend and sideways action, price indicators are showing early signs of a breakout. Is the price of SHIB getting ready to reclaim the attention of investors and find its way back to higher levels? Shiba Inu price prediction: Is SHIB regaining its growth momentum after many months of decline?

On the daily chart, SHIB has been stuck in a continuous downward trend since the peak at the end of 2024, gradually losing momentum with lower highs and lower lows. However, that story is starting to change. In the past few weeks, SHIB has shown a slight recovery, pushing back into the 0.00001200–0.00001230 range. Currently trading at 0.00001223, SHIB has attempted to reclaim the (SMA) 20-day simple moving average and is now testing the 50-day SMA, which is slightly higher at 0.00001283. If buyers attempt to push the price above this level, the next important targets will be the 100-day SMA at 0.00001576 and the 200-day SMA at 0.00001898. The Heikin Ashi candles on the daily chart are beginning to show smaller bullish candles after a prolonged period of red—an early sign of exhaustion in the downward trend from the sellers. Meanwhile, the Accumulation/Distribution (ADL), although flat, does not indicate a significant decline. This implies that distribution pressure may have eased and accumulation may be gradually increasing. Does the hourly chart indicate a short-term breakout?

Looking at the hourly chart, this action seems more promising. SHIB has been trending above the main moving averages—SMA 20, 50, and 100 hours—and has just surpassed the SMA 50 resistance level with a clean Heikin Ashi green candle. The structure on this timeframe shows a breakout of the small bullish flag pattern, with SHIB rising from the consolidation channel around 0.00001210–0.00001220. This type of setup often leads to a short-term explosion, especially in the meme cryptocurrency environment, where momentum drives the hype. The 200-hour SMA, located at 0.00001175, is currently acting as a strong support level. As long as the price stays above this level, SHIB remains in a short-term bullish zone. Additionally, the ADL indicator on the hourly chart is flat but stable. Although it has not yet confirmed significant capital flow, it indicates that selling pressure is not intensifying. What are the important levels to pay attention to? On the daily chart, the first important level to break is 0.00001283 (SMA 50 ngày). If the buyers are successful, the next zones to aim for are 0.00001576 (SMA 100 ngày) and then 0.00001898 (SMA 200 ngày)—which would be a strong upward move of 50% from the current levels. But SHIB is known for its parabolic oscillators, so those targets aren’t too far-fetched. The downside is a strong support level near 0.00001000, a psychological level, and the recent consolidation zone is between 0.00001050–0.00001100. According to the hourly perspective, the immediate support level is at 0.00001200, followed by 0.00001175. A successful close above 0.00001250 could trigger a small rally towards 0.00001300–0.00001330. Predictions for Shiba Inu prices: Will Shiba Inu make a comeback? Technically, the price of SHIB is at a decisive level where the downward trend has stopped, initial bullish signs are appearing, and the moving averages are starting to align favorably. A daily close above the 50-day SMA would be a big green flag, especially if accompanied by volume. Although this is not a complete breakthrough yet, it is the first sign showing the strength that SHIB has demonstrated over the past few weeks. And in the world of cryptocurrencies, often that’s enough to spark a price increase. Final thought The price of Shiba Inu may just be riding a second wave. The daily chart shows bears losing control, while the hourly chart indicates bulls are gearing up for a rally. With key SMAs in play and prices compressing under resistance, SHIB is nearing the launch zone. Is the Shiba army ready to bark back? If the price convincingly surpasses $0.00001283, we might be in for an exciting ride.