Shiba Inu Price Prediction: SHIB Coin Preparing for a 60% Breakout

SHIB Coin on the Move: A Quiet Climb Before the Boom?

Shiba Inu is slowly gearing up for a possible bullish breakout. As of May 29, 2025, SHIB is trading around $0.00001447, and is testing a key resistance level near $0.00001500. Many traders believe that if SHIB clears this hurdle, it could explode upward.

According to the live SHIB/USD chart, SHIB coin is forming a healthy structure with higher lows, a flattening RSI, and support from the 50-day moving average — all signaling strength building up.

Technical Chart Analysis: Is SHIB About to Pop?

Looking at the technicals of Shiba Inu price:

• Current price: $0.00001447
• Key resistance: $0.00001500
• Support levels: $0.00001377 and $0.00001200
• Next major target: $0.00002311 (around 60% higher)

SHIB/USD 1-day chart - TradingView

The 50-day Simple Moving Average (SMA) is currently sitting just below the price at $0.00001377, offering solid short-term support. Meanwhile, the RSI hovers around 51.85, right in the neutral zone — giving SHIB room to move up without being overbought.

📘 New to RSI or SMA? Here’s an external RSI definition to get you started.

Shiba Inu Price Prediction: Can SHIB Coin Rally to $0.000023?

If momentum picks up and SHIB breaks cleanly above the $0.00001500 resistance, the next logical target lies near $0.00002311, the last major high from early 2025. That’s a potential +60% rally from current levels — a move that could reignite the meme coin hype.

According to this detailed Shiba Inu price prediction, SHIB remains in a consolidating bullish trend, and this quiet phase might just be the calm before the breakout.

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Shiba Inu Price Structure is Looking Bullish Again

With SHIB consolidating just below resistance and supported by both RSI and the 50-day SMA, the chart looks ready for a breakout. The key level to watch remains $0.00001500 — and if flipped, we could see $0.000023 much faster than expected.

Whether you're trading or holding for the long run, this is a pivotal moment for $SHIB and $ShibaInu.