- SHIB targets $0.0000743 to $0.0000888 in 2025, per InvestingHaven, with $0.0000241 acting as a crucial breakout resistance.
- RSI at 42.37 and MACD below the signal line suggest mild bearish momentum as SHIB consolidates within Fibonacci levels.
- Anchored VWAP at $0.00002326 is dynamic resistance, while $0.0000177 serves as strong support amid steady market activity.
Shiba Inu (SHIB) has had increased market focus, with analysts speculating on its ability to reach $0.0000888 in 2025. At press time on January 24, SHIB traded at $0.00002021, a 1.21% gain in the past 24 hours but a 16.54% decline over the past seven days.
Data from Shibburn shows a total market cap of $12.06 billion, down by 3.01%. Additionally, the token burn activity shows 6.6 million tokens burned in the last 24 hours, a sharp 1,014.1% increase, while the weekly burn count dropped by 33.5% to 43.9 million.
According to InvestingHaven, SHIB’s long term potential remains high, with predicted targets stretching between $0.0000743 and $0.0000888 by 2025.
Resistance and Breakout Levels
Following a breakout from a downward trendline in early 2024, SHIB saw a rally peaking at $0.00004555. However, the price retraced, currently consolidating around $0.00002047. The 50% Fibonacci retracement at $0.0000241 acts as a notable resistance level, representing a potential breakout point for upward movement.
Meanwhile, the 61.8% Fibonacci retracement at $0.0000177 provides an important support zone, which SHIB has previously tested. A breach above $0.0000241 could trigger bullish momentum, while a drop below $0.0000177 may push the price lower.
Indicators Show Consolidation Phase
Indicators indicate that SHIB is in a consolidation phase. The Anchored VWAP at $0.00002326 is the dynamic resistance, influencing the token’s price behavior. A breakout above this level could push SHIB toward $0.00002500 or higher.
However, failure to maintain its current support at $0.00002000 may lead to further declines toward $0.00001750. The RSI is at 42.37, below neutral, suggesting mild bearish sentiment. The MACD line remains below the signal line, suggesting ongoing bearish pressure.
Future Targets
SHIB’s 2025 targets indicate both bullish and stretched scenarios. A continuation of its uptrend could see the price revisiting its previous high near $0.00004555. InvestingHaven predicts $0.0000743 and $0.0000888 as potential price targets, aligning with its growth.
Trading volume remains steady at 1.17 trillion, indicating sustained market activity. However, SHIB’s future price movements depend on its ability to break above resistance levels while holding key supports.
