Shiba Inu (SHIB) is an ambitious Layer 2 ecosystem that emerged from a daring meme coin, and now stands at its most critical juncture. SHIB’s price has retreated to retest its historical core support zone at $0.00000614 – $0.00000725.
This is more than just a price point; it is the key level that will decide its fate: Hold it, and SHIB could ignite a recovery run that sees the price potentially hitting $0.00003219 during the 2025 bull cycle. Furthermore, the ability to defend this fundamental support is essential for SHIB to pursue its long-term ambition of challenging its “zeros” by 2030 through the success of its Shibarium platform.
SHIB is at a breaking point. On the W1 (weekly) timeframe, Shiba Inu’s price is retesting a critical historical support zone, a core key level following a retreat from localized peaks. The price hitting this support area is anticipated to trigger a significant volatility event in the market.
SHIB Technical Analysis
For that reason, SHIB is fluctuating within the range from the highest resistance at $0.00003219$ down to the key level support at $0.00000614$ on the weekly timeframe. Strong reactions happen whenever SHIB touches these points, which makes the range suitable for range trading and speculation.
Bullish Scenario (Recovery): If SHIB successfully holds the Crucial Support Zone of $0.00000614 – $0.00000725 and bounces according to the dashed white line on the chart, it will head up to test the resistance levels sequentially: $0.00001382 and $0.00002274. If it breaks the key resistance at $0.00003219$, SHIB will gain momentum to form a new All-Time High (ATH).
Bearish Scenario (Deep Drop): If SHIB closes a W1 candle below the crucial support of $0.00000614$ (following the second dashed white line scenario on the chart), the price could drop deeper, creating a new, lower bottom below this historical support zone, complicating the recovery outlook.
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$0.00000614 – $0.00000725 (Key Level)
The zone $0.00000725 – $0.00000614 represents the most critical key level, marking the previous historical bottom. If selling pressure breaks below $0.00000614, the next downside targets will be the deeper potential support levels, which could be creating a new bottom.
| Support Key Levels | Price |
| S1 | $0.00000725 |
| S2 | $0.00000614 |
$0.00001382 – $0.00002274 – $0.00003219$ (within the range)
These levels represent crucial local peaks that must be overcome during a recovery phase. If SHIB breaks above $0.00003219$, it targets forming a new all-time high, potentially higher.
| Resistance Key Levels | Price |
| R1 | $0.00001382 |
| R2 | $0.00002274 |
| R3 | $0.00003219 |
The following price forecast is based on the assumption that SHIB maintains the key level support of $0.00000614 and that the Shibarium ecosystem continues to evolve, particularly its automatic coin-burning mechanism.
| Year | Price |
| 2025 | Avg ~ $0.00003219 |
| 2026 | Avg ~ $0.00004500 |
| 2027 | Avg ~ $0.00003800 |
| 2028 | Avg ~ $0.00007500 |
| 2029 | Avg ~ $0.00009000 |
| 2030 | Avg ~ $0.00010000 |
Shiba Inu (SHIB) began as a “meme token” intended to be a rival to Dogecoin. However, it quickly evolved into a complex, decentralized ecosystem, fueled by an incredibly loyal and robust community known as the “Shiba Army.”
SHIB is not just a coin; it is the foundational token of a multi-token ecosystem, built on the Ethereum blockchain and extended through its own Layer-2 scaling solution.
Learn more: Buy SHIB Coin in Binance Exchange
Recent developments in SHIB are focused on its transformation from a meme coin into a solid technological platform:
Shiba Inu (SHIB) is a decentralized cryptocurrency inspired by the Japanese dog breed of the same name. It began as a meme coin, famously dubbed the “Dogecoin Killer.” It has since evolved into a complex, multi-token ecosystem with its own decentralized exchange (ShibaSwap) and a Layer 2 blockchain solution called Shibarium, which aims to increase utility and reduce the token’s massive supply through burning.
Reaching the $1 mark is highly improbable under the current tokenomics. Due to SHIB’s massive circulating supply (over 589 trillion tokens), achieving $1 would require a market capitalization of hundreds of trillions of dollars, far exceeding the current size of the entire global cryptocurrency market. The only realistic way for SHIB to reach a much higher value, like $0.001$ or $0.01$, is through a massive and sustained reduction of its supply via the Shibarium burn mechanism.
SHIB’s price is driven by two main categories of factors:
Technical Factors: Overall sentiment and liquidity of the wider crypto market (especially Bitcoin’s price movements).
Fundamental Factors (Long term): The successful adoption and transaction volume on the Shibarium Layer 2 network, which directly fuels the automatic coin-burning mechanism, making the asset deflationary.
The $0.00000614$ level is a critical Key Level because it represents the historical low (previous cycle bottom) on the weekly timeframe. Holding this support is crucial for the continuation of a long-term bullish outlook. A sustained close below this level would signal a strong bearish continuation and the formation of a new, deeper bottom.
Shibarium is the Layer 2 blockchain built specifically for the Shiba Inu ecosystem. Its main goals are to increase transaction speed, drastically reduce transaction fees, and, most importantly, provide a platform where network activity directly contributes to reducing the SHIB token supply through its integrated burning mechanism.
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