The latest Shiba Inu price prediction suggests that SHIB may be gearing up to test key resistance near $0.00001300, as the meme coin holds firm above support levels. As of now, SHIB trades at $0.00001284, reflecting a 0.57% gain over the past 24 hours, supported by rising trading volume and stable buyer interest.
Technical patterns show a bullish setup, despite recent volatility. The price has found consistent support between $0.00001265 and $0.00001270, absorbing downward pressure multiple times and bouncing back quickly — a sign of buyer strength.
Key Resistance and Support Levels
SHIB has tested resistance between $0.00001295 and $0.00001300 twice, failing to break through both times. A recent spike to $0.00001305 hinted at speculative momentum but was short-lived.
On the downside, a brief dip to $0.00001260 established a lower wick, which now serves as a likely support floor. Any future pullbacks could bounce off this level, especially as trading volume rose 6.32% in the last day to reach $146.88 million.
“This volume spike confirms renewed market interest and supports the bullish thesis,” one analyst noted.
Mixed Technical Indicators
While price action appears promising, technical indicators offer conflicting signals:
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MACD shows a minor bearish crossover with weak momentum
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RSI is at 38.54, approaching oversold territory
If RSI drops below 30, or climbs above 50, it could provide a clearer trading signal. Traders are advised to monitor RSI closely for breakout or breakdown confirmation.
Long-Term Supply and Demand Dynamics
Shiba Inu continues to reduce total token supply via its burn mechanism, which has now permanently removed over 410 trillion SHIB from circulation. Combined with a healthy balance between market cap and fully diluted value, this supports the case for limited speculative excess and long-term demand resilience.
If SHIB can push above $0.00001300, the next breakout could trigger rapid movement toward $0.00001330 or higher.
