SHIB Set to Explode? Watch This Critical Level

7 hours ago 2

Shiba Inu (SHIB), one of the most talked-about memecoins in the crypto space, is showing signs of renewed strength. After weeks of consolidation and sideways movement, SHIB price action has begun to shift upward, catching the attention of traders and investors alike. With bullish technical indicators lining up and key resistance levels being tested, Shiba Inu price could be on the verge of a significant breakout. In this article, we’ll dive into the latest SHIB price daily chart, break down the signals, and offer a data-driven prediction on where the price could head next.

Shiba Inu Price Prediction: Is SHIB Price Gearing Up for a Major Move?

Shiba Inu (SHIB) price has been quietly building momentum over the past few weeks, and the recent daily chart confirms something important: a potential breakout is underway. As of July 13, 2025, SHIB is trading at $0.00001322, holding just above the key support level of $0.00001300, with growing buying pressure and technical confirmation suggesting the memecoin could rally higher in the coming days.

What Does the Chart Say?

The Heikin Ashi daily candles clearly show a bullish trend reversal beginning late June. Consecutive green candles with minimal lower shadows indicate strong bullish control. SHIB price recently reclaimed the $0.00001250–$0.00001300 consolidation zone and has since tested the $0.00001325 resistance, forming a mini bull flag just below the Fib resistance zone.

The Fibonacci retracement levels drawn from the previous swing high to low place the next resistance targets at:

0.236 level = $0.00001325 (currently being tested)
0.382 level = $0.00001450
0.618 level = $0.00001620

A daily close above $0.00001325 would trigger a breakout confirmation toward $0.00001450 and potentially $0.00001620, representing ~9.7% and ~22.5% upside, respectively.

How Strong is the Momentum?

The Relative Strength Index (RSI) is currently at 65.06, approaching the overbought zone but not there yet. This signals strong momentum without exhaustion. Notably, the RSI crossed above the 14-day average line last week and continues to trend higher, suggesting the current rally has more room to run.

Price Calculation: What's the Potential Target?

If Shiba Inu price breaks the $0.00001325 resistance and rallies to $0.00001620, here's what the upside would look like:

Target Price: $0.00001620
Current Price: $0.00001322
Upside %: ((0.00001620 - 0.00001322) / 0.00001322) × 100 ≈ 22.5%

This aligns with the Fibonacci 0.618 level, a common profit-taking zone during retracements.

What If SHIB Gets Rejected?

If SHIB price fails to break $0.00001325, the support levels to watch are:

Immediate support: $0.00001280
Stronger base: $0.00001200

A breakdown below $0.00001200 would invalidate the bullish structure and put $0.00001050 back in play. However, given the recent volume surge and RSI strength, the bearish case looks weaker for now.

Shiba Inu Price Prediction: Where is it Headed Next?

If Shiba Inu price holds above $0.00001300 in the next few daily sessions, we expect:

Short-term target: $0.00001450
Medium-term target: $0.00001620
Upside potential: 9%–22% from current levels
Timeline: Next 5–10 trading days

Final Thoughts

Shiba Inu price is showing signs of accumulation breakout after weeks of sideways price action. With strong RSI momentum, clean Fibonacci levels, and bullish candlestick structure, SHIB may be preparing for a 20% upside move. Traders should watch for a daily close above $0.00001325 for confirmation, while keeping an eye on volume and RSI for signs of continuation or exhaustion. If bulls hold the $0.00001300 level, SHIB price could be just one breakout away from its next leg higher.

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