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The Shiba Inu (SHIB) community has long dreamed of a $1 target. But as of July 17, 2025, SHIB is trading at $0.00001443. A massive rally would be needed to hit that milestone—but is such a move even possible? Let’s break down the latest daily chart and understand where SHIB price is truly heading in the short term and whether $1 is even in the realm of reality.
Shiba Inu Price Prediction: What Is the Current Trend on SHIB’s Daily Chart?
SHIB/USD Daily Chart- TradingViewThe SHIB/USD daily chart shows a strong bullish structure forming. The current price action is printing higher highs and higher lows since early July, confirming the start of a short-term uptrend. The candles are Heikin Ashi, which smooths volatility and shows momentum clearly—and right now, that momentum is clearly bullish.
SHIB price is trading around $0.00001443, up by +2.21% on the day, and has convincingly broken above the recent resistance at $0.00001400, targeting the next Fibonacci level at $0.00001570.
Is SHIB Overbought or Just Getting Started?
The RSI (Relative Strength Index) is currently at 74.37, well above the overbought threshold of 70. While this might suggest a potential cooldown, during strong trends, RSI can remain elevated for extended periods.
The RSI has crossed above its signal line and continues upward, which confirms bullish momentum. That means there might be some short-term consolidation ahead, but the upside potential is still intact as long as support holds at $0.00001320.
What Are the Key Resistance and Support Levels?
Based on Fibonacci retracement and recent price structure, here are the levels to watch:
- Immediate resistance: $0.00001570
- Next target zone: $0.00001800
- Critical support: $0.00001320
- Breakdown level: $0.00001200
If SHIB price flips $0.00001570 into support, bulls could push toward $0.00001800 swiftly—especially if volume spikes.
How High Can Shiba Inu Price Go in 2025?
Let’s do some quick math.
To reach $0.01, SHIB price would need to grow roughly 693x from its current price:
$0.01 / $0.00001443 ≈ 693x
To reach $1? That’s approximately:
$1 / $0.00001443 ≈ 69,309x
This would mean SHIB’s market cap (currently around $8 billion) would need to reach over $550 trillion—which is more than the global GDP. So no, $1 is not realistic without an enormous token burn or drastic supply reduction.
Will a Token Burn Help SHIB Price Hit $1?
Even if Shiba Inu burned 99.999% of its supply, bringing the total supply from ~589 trillion to just ~5.89 billion, and prices rose accordingly, we would still be looking at a market cap over $5.8 billion at $1. That’s possible, but such a drastic supply cut hasn’t been confirmed or scheduled by developers. Tokenomics currently don’t support such a burn scale.
Short-Term SHIB Price Prediction: What’s Next?
With the RSI rising, price above all major recent resistances, and momentum holding strong, Shiba Inu price may target the $0.0000157–$0.0000180 range in the next 7–10 days, provided Bitcoin remains stable.
However, a pullback to $0.0000132–$0.0000126 is also on the table if overbought RSI leads to profit-taking. A consolidation near $0.00001400 would actually strengthen the bullish structure before the next leg up.
Shiba Inu Price Prediction: Can SHIB Reach $1?
No, $1 is not realistic under current tokenomics. However, short-term upside toward $0.000018–$0.000022 is plausible in Q3 2025, especially if altcoin momentum returns and Shiba Inu price maintains its current bullish breakout.
Traders should watch for confirmation above $0.00001570 and guard against RSI-driven retracements. Long-term holders hoping for $1 need to closely monitor supply dynamics and burn initiatives—but for now, $1 remains a dream, not a forecast.
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