Will Shiba Inu Price Reach $1? Chart Says Something Big Is Coming

cryptonews.net 28 minutes ago

The Shiba Inu (SHIB) Community’s $1 Target

The Shiba Inu (SHIB) community has long dreamed of a $1 target. However, as of July 17, 2025, SHIB is trading at $0.00001443. A massive rally would be needed to hit that milestone—but is such a move even possible? Let’s break down the latest daily chart to understand where SHIB price is headed in the short term and whether $1 is within reach.

Shiba Inu Price Prediction: What Is the Current Trend on SHIB’s Daily Chart?

SHIB/USD Daily Chart – TradingView

The SHIB/USD daily chart shows a strong bullish structure forming. The current price action is printing higher highs and higher lows since early July, confirming the beginning of a short-term uptrend. Heikin Ashi candles are smoothing volatility and clearly showing momentum, and right now, that momentum is clearly bullish.

SHIB price is trading around $0.00001443, up by +2.21% on the day, and has convincingly broken above the recent resistance at $0.00001400, targeting the next Fibonacci level at $0.00001570.

Is SHIB Overbought or Just Getting Started?

The RSI (Relative Strength Index) is currently at 74.37, well above the overbought threshold of 70. While this suggests a potential cooldown, during strong trends, RSI can remain elevated for extended periods.

The RSI has crossed above its signal line and continues upward, confirming bullish momentum. While short-term consolidation may occur, the upside potential remains intact as long as support holds at $0.00001320.

What Are the Key Resistance and Support Levels?

Here are the significant levels to watch:
Immediate resistance: $0.00001570
Next target zone: $0.00001800
Critical support: $0.00001320
Breakdown level: $0.00001200

If the SHIB price flips $0.00001570 into support, bulls could quickly push toward $0.00001800—especially if volume spikes.

How High Can Shiba Inu Price Go in 2025?

To reach $0.01, SHIB would need to grow roughly 693 times from its current price:

$0.01 / $0.00001443 ≈ 693x

To reach $1? That’s approximately:

$1 / $0.00001443 ≈ 69,309x

This would require SHIB’s market cap (currently around $8 billion) to exceed $550 trillion—more than the global GDP. Therefore, $1 is unrealistic without an enormous token burn or drastic supply reduction.

Will a Token Burn Help SHIB Price Hit $1?

Even if Shiba Inu burned 99.999% of its supply, reducing total supply to approximately 5.89 billion, and prices rose accordingly, we would still have a market cap over $5.8 billion at $1. Though this is possible, such a drastic supply reduction hasn’t been confirmed or scheduled by developers. Current tokenomics do not support such a significant burn.

Short-Term SHIB Price Prediction: What’s Next?

With the RSI rising, price above major recent resistances, and strong momentum, Shiba Inu may aim for $0.0000157–$0.0000180 in the next 7–10 days, assuming Bitcoin remains stable. However, a pullback to $0.0000132–$0.0000126 is also possible if the overbought RSI leads to profit-taking. Consolidation near $0.00001400 would strengthen the bullish structure before the next leg up.

Shiba Inu Price Prediction: Can SHIB Reach $1?

Currently, $1 is not realistic under present tokenomics. However, a short-term increase toward $0.000018–$0.000022 is plausible in Q3 2025, especially if altcoin momentum returns and Shiba Inu maintains its current bullish breakout.

Traders should watch for confirmations above $0.00001570 and guard against RSI-driven retracements. Long-term holders hoping for $1 should monitor supply dynamics and burn initiatives closely—but for now, $1 remains a dream, not a forecast.

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