In the past 24 hours, Shiba Inu (SHIB) has been trading sideways, reflecting the overall stable trend of the market. However, looking at the past seven days, SHIB has decreased by 4.1%, indicating a series of slight but continuous adjustments. Since the beginning of 2025, this token has lost about 35.5% of its value and is currently outside the top 20 cryptocurrencies by market cap, with a market price at the time of reporting being $0.000012. This decline indicates that selling pressure remains present, while also highlighting strong support areas that could act as a barrier against further declines.
Important support areas: Psychological and technical support
Analyst MMB Trader has pointed out two important weekly support lines at $0.00001 and $0.000007, which have continuously absorbed selling pressure in many previous phases. History shows that SHIB fell to $0.0000071 in July 2022, after losing up to 88% from the 2021 peak of $0.000088. Subsequently, strong buying from the community helped the price recover.
In 2023, SHIB continued to test this support area in June and October, and each time it bounced back, demonstrating that this area is a solid support base. Moving into 2025, SHIB repeatedly approached the $0.00001 level in March, April, and June, and each time it bounced back, proving the real demand from investors at these price levels. This also clearly demonstrates the resilience of memecoins in a highly volatile market.
Technical analysis and price increase targets
If SHIB breaks the current downtrend line, potential growth targets can be identified sequentially. The short-term target is set at $0.0000336, equivalent to an increase of nearly 170% from the current price of $0.0000125. In the medium term, the token could aim for $0.0000548, corresponding to an increase of about 330%, while the long-term target is estimated to reach $0.000077, offering potential growth of up to 500%.
Looking back at history, SHIB has experienced impressive price surges. Notably, this token rose from $0.00000967 to $0.0000456 on March 5, 2024, during the memecoin 'frenzy', before dropping and recovering back to $0.0000334 in December 2024. These surges reflect not only speculative sentiment but also the influence of large cash flows from retail investors and small funds. SHIB's current market capitalization is approximately $7.47 billion, indicating that interest remains strong, although not at the peak levels of 2021.
In the short term, forecasting models indicate that SHIB could reach $0.0000135 by September 19, 2025. Although volatility at this level is usually accompanied by high trading volume, history has shown that SHIB's price jumps always attract wide attention from the community, creating both significant opportunities and risks for investors.
Market sentiment and risk factors
The Fear & Greed Index is currently at 60, in the Greed zone, but short-term technical indicators still show a prevailing downtrend. Over the past 30 days, SHIB has recorded only 13 out of 30 days of price increases (43%), with an average volatility of about 6.82%, indicating a lack of clear momentum to form a sustainable upward trend.
Investors should note that market sentiment can reverse quickly. If the weekly support levels are maintained along with increased trading volume, positive sentiment may return, creating a price rebound opportunity. Conversely, if SHIB breaks these levels, selling pressure will increase sharply, making the technical picture bleak.
Trading volume and on-chain cash flow play a crucial role. A breakout candle without high volume is usually hard to maintain, while cash flow from exchanges and whale transactions can warn of significant sell-offs before the market opens. Therefore, closely monitoring cash flow behavior is a determining factor in predicting the next direction of SHIB.
