Shiba Inu, a cryptocurrency that has shed 45% of its value this year, sits near historically low trading volumes as analysts debate whether the token will stage a late-cycle rally or continue drifting in its current range. The memecoin trades at $0.00001003, down 15% over the past month, while market sentiment registers in fear territory at 30 on the Fear & Greed Index.
What to Know:
- Shiba Inu has declined 45% year-to-date and trades near $0.00001003, with a critical resistance level at $0.00001740
- Analyst MMB Trader projects three upside targets ranging from 235% to 670% gains if the token breaks above its downtrend line from March 2024
- Technical indicators show mixed signals, with CoinCodex forecasting a modest 16% rise by November 2025 while chart patterns suggest potential for sharper moves
Analyst Points to Historical Pattern
MMB Trader, a cryptocurrency analyst, described Shiba Inu as a "dead and sleeping coin" that tends to produce unexpected rallies late in market cycles. He identified $0.00001740 as the key resistance level tied to a downtrend line that formed after the token peaked at $0.00004567 in March 2024.
The analyst's view hinges on a breakout above that trendline followed by a successful retest, which would signal a shift from bearish to bullish price structure. Without that confirmation, the token risks falling back into its existing range. Trading volume has declined alongside price action over recent weeks.
Breakout Targets and Technical Outlook
Three specific price targets emerged from the breakout scenario. The first sits at $0.00003364, representing a 235% increase from current levels. The second target reaches $0.000055480, equal to roughly 450% growth.
The most aggressive projection puts Shiba Inu at $0.00007730, a 670% gain from the present price. Some analysts have cited similar figures, with calls for a move to $0.000081 if sustained buying pressure develops. Those projections assume the token clears its resistance level and holds support on a pullback.
More conservative forecasts paint a different picture.
Data from CoinCodex suggests Shiba Inu will reach $0.00001183 by Nov. 23, 2025, a 16% gain from its current position. Technical indicators on several platforms currently show bearish sentiment.
Over the past 30 days, the token posted 16 green days out of 30, or 53% positive sessions, with price volatility measured at 8.91%. Those figures indicate ongoing activity without a clear directional bias. The token's performance contrasts with its earlier years when wild price swings attracted retail speculation.
A breakout above the downtrend would need to be followed by a retest of that level as support, a common pattern traders use to confirm whether a move has momentum. If the retest fails, the price would likely return to its prior range. That outcome remains possible given current low volatility and reduced trading volume.
Understanding the technical language in these projections requires context. A "retest" occurs when price returns to a recently broken level to confirm it now acts as support rather than resistance. The Fear & Greed Index measures market sentiment on a scale from 0 to 100, with readings below 25 considered extreme fear and above 75 extreme greed. Trendlines connect multiple price points to show the general direction of an asset over time.
Millions of holders remain exposed to risk as the market waits for a catalyst that could push the token in either direction. Current conditions suggest a period of consolidation rather than immediate movement.
Closing Thoughts
A late recovery for Shiba Inu appears possible but not assured based on analyst projections and current market data. The divide between conservative models predicting single-digit percentage gains and chart-based forecasts calling for triple-digit rallies reflects uncertainty in the broader cryptocurrency market. Movement above or below the $0.00001740 level will likely determine the token's near-term trajectory.