As of April 14, 2025, the technical analysis of the Shiba Inu (SHIB) cryptocurrency indicates a dominance of bearish signals, especially on the daily timeframe.
📊 Technical indicators (according to Bitget)
Moving averages: 11 sell signals, 2 buy signals, 2 neutral.
Oscillators: 1 sell signal, 2 buy signals, 7 neutral.
Overall summary: 12 sell signals, 4 buy signals, 9 neutral.
This indicates the dominance of a downward trend in the short term.
🔍 Key levels and trends
Analyst PouyanTradeFX notes that SHIB is testing a long-term descending trendline that has constrained movement since 2021. A breakout of this line could lead to an increase of more than 150%, to around $0.000074. Otherwise, a decline to $0.000011 is possible.
🔮 Forecasts for 2025
According to forecasts, the minimum price of SHIB in 2025 could be $0.0000124, the maximum — $0.0000206, with an average value of about $0.0000287.
⚠️ Conclusion
Current technical indicators suggest a predominance of bearish sentiment for SHIB. However, a potential breakout of the long-term trendline could change the situation in favor of bulls. Investors are advised to closely monitor key support and resistance levels and consider overall market conditions when making trading decisions.$SHIB
