The price of Shiba Inu ($SHIB ) has experienced sharp fluctuations, reflecting the overall trend of the altcoin market. As of June 12, 2025, Shiba Inu is trading at $0.00001274 on the hourly chart and $0.00001281 on the daily chart. Both charts indicate a critical phase, where Shiba Inu must either defend the key support level or risk deeper corrections. Let’s analyze the technical analysis and predict the potential direction for Shiba Inu.
Shiba Inu price forecast: Is Shiba Inu price preparing for a short-term reversal?
Chart #SHIB/USDT for the one-hour
On the hourly chart, the price of SHIB recently hit a low of $0.00001260, then bounced slightly, forming a potential double bottom pattern just above the main support level. The stock price is currently hovering around the 20-hour simple moving average, which is just below $0.00001285. A decisive close above this moving average would be the first sign of a short-term bullish reversal.
Heikin Ashi candles show fading bearish momentum with recent red candles shrinking. This indicates that sellers are losing control. Moreover, the price has started testing the resistance level at $0.00001285 again. If the bulls can push $SHIB
Above $0.00001291 (50-hour simple moving average), the next upward target will be an area of convergence between $0.00001309 and $0.00001331. To validate this rebound, confirming trading volume and retesting the $0.00001300 support level is crucial. A 2% rise from here puts the price of Shiba Inu at $0.00001300, while a 5% increase pushes it to $0.00001338.
What does the daily chart reveal about this trend?
Daily chart for Shiba Inu/US Dollar
Looking at the daily chart, the overall picture appears more bearish than bullish. The price of Shiba Inu has been on a steady downward trend since May, failing to break the 50-day simple moving average near $0.00001391. The current candle shows a rejection of the 20-day simple moving average, indicating that the bearish trend remains active unless a strong breakout occurs.
The support level at $0.00001276 held well over the past week, forming a base. Should this support break, the price of Shiba Inu may drop towards the next key horizontal support level near $0.00001150, indicating an additional decline of 10%.
However, a rebound from here could form a higher bottom structure. If the price of Shiba Inu recovers the $0.00001330 level (just above the 100-day simple moving average), the bullish trend could resume. This would pave the way towards $0.00001400 and possibly even $0.00001700, where the 200-day simple moving average currently lies.
What is the maximum movement of the Shiba Inu price from here?
Let’s do some quick calculations for the rise and fall based on the chart levels:
The probability of rising from the current price ($0.00001281) to the resistance level at $0.00001391 = (0.00001391 - 0.00001281) ÷ 0.00001281 × 100 = 8.58% profit
Risk of falling to the support level at $0.00001150 = (0.00001281 - 0.00001150) ÷ 0.00001281 × 100 = 10.23% loss
This makes the current risk-to-reward ratio slightly unfavorable unless the price of Shiba Inu convincingly breaks above $0.00001330. If that happens, the potential return could be significantly higher, changing the outlook.
Shiba Inu price forecast: Is Shiba Inu price regaining momentum?
Technically, the price of Shiba Inu is at a critical level. The price structure is holding just above a long-term support level, while the moving averages have begun to stabilize. This often precedes either a trend reversal or a strong breakdown.
If the stock $SHIB gains momentum and recovers the 50-day simple moving average, buyers may regain confidence. On the other hand, continued trading below $0.00001260 may accelerate selling.
Summary: What’s next for the price of Shiba Inu?
The price of Shiba Inu is currently swinging between a fading bearish trend and a potential bullish breakout area. The key level to watch is $0.00001330 on the daily chart and $0.00001291 on the hourly chart. If these levels are surpassed, SHIB's price could rise by 8-10% in the near term.
However, if support at $0.00001260 fails, we may see a rapid decline to $0.00001150. Investors should monitor trading volume and rejection of trend lines for confirmation before entering any trades. Patience is key, and the next big move for SHIB stock may be imminent.
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