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Shiba Inu (SHIB) , the self-proclaimed “Dogecoin killer,” has long captured investor imagination with dreams of hitting the elusive $1 mark. With May 2025 underway, SHIB price has shown subtle but noticeable shifts in momentum. But are these enough to spark a rally to $1, or are we staring at another meme-driven mirage? Let’s dive into the charts and indicators to uncover what Shiba Inu Price is actually signaling . On the daily chart, SHIB price is trading near $0.00001310 , stuck in a narrow range with downward Heikin Ashi candles indicating waning bullish pressure. It's currently riding just above the 20-day simple moving average (SMA) at $0.00001302, showing a tentative hold on short-term momentum. However, the 50-day SMA at $0.00001275 and 100-day SMA at $0.00001400 are closing in, suggesting a compression zone forming — a classic precursor to a breakout or breakdown. The 200-day SMA at $0.00001850 still looms far overhead, representing a major long-term resistance zone. The narrowing gap between these moving averages is creating a triangle-like squeeze that typically resolves with high volatility. Volume remains muted, indicating traders are waiting for a trigger. Watch closely for a breakout above $0.00001450, which could clear a path toward $0.000018, a key level not seen since March. Zooming into the hourly chart, SHIB price has attempted a mild recovery after dipping below $0.00001300 on May 3. The price bounced from $0.00001280 and has since reclaimed the 50-hour SMA, currently at $0.00001329. However, resistance at the 100-hour SMA ($0.00001335) and 200-hour SMA ($0.00001360) is proving stiff. Unless SHIB closes convincingly above $0.00001350 on the hourly timeframe, the bounce could fade. On the flip side, support around $0.00001280 remains strong and has acted as a launchpad twice in the past 48 hours. The Accumulation/Distribution Line (ADL) is showing a steady rise, hinting that accumulation is quietly ongoing despite flat price action. This divergence often precedes a bullish move. The slope of the moving averages and the recent flattening of the ADL line suggest consolidation. However, this isn’t necessarily bearish — in fact, sideways movement after a recovery is often a sign that bulls are building strength. If SHIB can flip the 100-day SMA at $0.00001400 into support, we could see a quick run toward $0.000018, followed by $0.000022 if momentum accelerates. But realistically, the notion of reaching $1 in May is still far-fetched. For that to happen, SHIB price would need an exponential gain of 7.6 million percent — which would require either a global fiat collapse or every central bank replacing their currency with Shiba Inu. Neither is likely. Shiba Inu price is holding its ground despite facing stiff resistance across multiple moving averages. The technical indicators show potential for a breakout, but volume and market sentiment need to align for any significant move. While $1 remains more meme than reality, a rally toward $0.000018–$0.000022 isn’t out of the question if bulls push past near-term resistance. In short, SHIB might not reach the moon this May, but it could still deliver a solid ride — especially for short-term traders watching the $0.000014 breakout zone. Shiba Inu (SHIB) , the self-proclaimed “Dogecoin killer,” has long captured investor imagination with dreams of hitting the elusive $1 mark. With May 2025 underway, SHIB price has shown subtle but noticeable shifts in momentum. But are these enough to spark a rally to $1, or are we staring at another meme-driven mirage? Let’s dive into the charts and indicators to uncover what Shiba Inu Price is actually signaling . On the daily chart, SHIB price is trading near $0.00001310 , stuck in a narrow range with downward Heikin Ashi candles indicating waning bullish pressure. It's currently riding just above the 20-day simple moving average (SMA) at $0.00001302, showing a tentative hold on short-term momentum. However, the 50-day SMA at $0.00001275 and 100-day SMA at $0.00001400 are closing in, suggesting a compression zone forming — a classic precursor to a breakout or breakdown. The 200-day SMA at $0.00001850 still looms far overhead, representing a major long-term resistance zone. The narrowing gap between these moving averages is creating a triangle-like squeeze that typically resolves with high volatility. Volume remains muted, indicating traders are waiting for a trigger. Watch closely for a breakout above $0.00001450, which could clear a path toward $0.000018, a key level not seen since March. Zooming into the hourly chart, SHIB price has attempted a mild recovery after dipping below $0.00001300 on May 3. The price bounced from $0.00001280 and has since reclaimed the 50-hour SMA, currently at $0.00001329. However, resistance at the 100-hour SMA ($0.00001335) and 200-hour SMA ($0.00001360) is proving stiff. Unless SHIB closes convincingly above $0.00001350 on the hourly timeframe, the bounce could fade. On the flip side, support around $0.00001280 remains strong and has acted as a launchpad twice in the past 48 hours. The Accumulation/Distribution Line (ADL) is showing a steady rise, hinting that accumulation is quietly ongoing despite flat price action. This divergence often precedes a bullish move. The slope of the moving averages and the recent flattening of the ADL line suggest consolidation. However, this isn’t necessarily bearish — in fact, sideways movement after a recovery is often a sign that bulls are building strength. If SHIB can flip the 100-day SMA at $0.00001400 into support, we could see a quick run toward $0.000018, followed by $0.000022 if momentum accelerates. But realistically, the notion of reaching $1 in May is still far-fetched. For that to happen, SHIB price would need an exponential gain of 7.6 million percent — which would require either a global fiat collapse or every central bank replacing their currency with Shiba Inu. Neither is likely. Shiba Inu price is holding its ground despite facing stiff resistance across multiple moving averages. The technical indicators show potential for a breakout, but volume and market sentiment need to align for any significant move. While $1 remains more meme than reality, a rally toward $0.000018–$0.000022 isn’t out of the question if bulls push past near-term resistance. In short, SHIB might not reach the moon this May, but it could still deliver a solid ride — especially for short-term traders watching the $0.000014 breakout zone.

What’s the crypto crowd yelling about today? Here’s the BitDegree rundown 🧠 1. Bitcoin $BTC 2. Ethereum $ETH 3. XRP $XRP 4. BNB $BNB 5. Dogecoin $DOGE 6. Solana $SOL 7. Maverick Protocol $MAV 8. WETH $WETH 9. Shiba Inu $SHIB 10. Kaspa $KAS

SHIBA INU BEFORE

Shiba Inu (SHIB) closed April 2025 with notable progress, creating a wave of new millionaires. Although the broader crypto market stole the spotlight with a 10.31% surge, Shiba Inu managed to hold its ground. The token posted a respectable 7% monthly gain, climbing past the $0.000012 barrier and briefly testing $0.00001343. This performance came as Bitcoin surged toward the $95,000 mark, helping boost investor confidence across altcoins. SHIB’s recent price action has caught the eye of several technical analysts. One trader, SHIB KNIGHT, highlighted a falling wedge pattern on the SHIB/USDT chart. This setup usually indicates a reversal after a prolonged downtrend. The wedge pattern shows SHIB’s price tightening within downward-sloping trend lines, suggesting a breakout is near. When SHIB KNIGHT did the analysis, SHIB was trading around $0.00001335, brushing against the breakout level. If the move is confirmed, SHIB could target $0.000017. That would represent a 26% gain from current levels. Support levels traders are watching sit around $0.00001320 and $0.00001279. Key resistance levels lie near $0.00001494 and $0.00001574. Related: Shiba Inu Analysts Target $0.0000236 After 280 Million Tokens Burned Another analyst, Market Spotter, also sees bullish signs shaping up. According to their review, SHIB appears ready to break out of its long-term consolidation phase. The token has formed a descending triangle, with strong horizontal support around $0.00001050. Descending resistance remains near $0.00002500. SHIB’s price making higher lows lately backs up the idea of a bullish trend change . A successful breakout above the triangle’s upper line could set SHIB on a trajectory toward $0.00008000. This would be a significant recovery for long-term holders. Related: Shiba Inu (SHIB) Price Prediction May 2025: Will SHIB Breakout or Stay Range-Bound? SHIB’s market cap is still a solid $7.91 billion, even after a 5.01% dip over the past week. Coinglass derivatives volume slipped by 5.09% to $116.78 million, yet open interest rose slightly to $179.49 million. This mix of lower volume and higher open interest often suggests traders are positioning for a significant price movement. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Shiba Inu (SHIB) analysts have predicted a potential rally for the Ethereum-based memecoin, projecting that the digital asset could surge to 0.0000236 in May 2025. The analysts expect a notable recovery to trigger more bullish momentum and mark a comeback for the flagship meme coin. SHIB’s latest positive outlook follows a significant Shibburn event that saw Shiba Inu achieve a five-digit spike in burn rate, leading to the removal of millions of SHIB tokens from circulation. According to an onchain tracker , the Shiba Inu team destroyed 280,097,384 SHIB tokens on Wednesday, April 30, 2025. Notably, the latest exercise caused a 37,937% spike in Shiba Inu’s burn rate, triggering massive bullish sentiment in the meme coin’s ecosystem. Related: Meme Coins Surge: Can Dogecoin and Shiba Inu Hit New Highs in Upcoming Weeks? It reduced SHIB’s circulating supply to approximately 584.4 trillion tokens, highlighting the Shiba Inu team’s resolve to pursue its target of driving the meme coin’s value higher by creating scarcity. Although the Shiba Inu community considers the latest move significantly bullish, the digital asset has yet to reflect the expected bullish effect outstandingly. However, SHIB has shown early signs of a bullish trajectory after rising from a $0.00001280 low on Wednesday to trade for $0.00001336 in the early hours of Thursday, reflecting a 4.5% rally in less than 12 hours. For context, the referenced $0.0000236 landmark for SHIB represents a crucial point in the crypto token’s historical performance from 2024. Reaching that level from SHIB’s current price would mirror last year’s rally, which saw SHIB gain 145.2% in a bullish movement. To repeat this move would flip Shiba Inu’s outlook, generate significant bullish sentiment, and position the meme coin for more upside movement. In the meantime, it is worth noting that such outstanding moves happen on the back of recognized catalysts, of which Shiba Inu does not boast one at the moment. Related: Don’t Miss This: Shiba Inu (SHIB) Gears Up For Big Move As BTC Climbs However, the increasing investors’ interest in the crypto market and the potential change in the overall market direction could provide a tailwind to support the analysts’ prediction for SHIB. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.