{"id":843175,"date":"2025-04-24T09:11:58","date_gmt":"2025-04-24T14:11:58","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/04\/24\/shiba-inu-shib-price-forecast-today\/"},"modified":"2025-04-24T09:11:58","modified_gmt":"2025-04-24T14:11:58","slug":"shiba-inu-shib-price-forecast-today","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/04\/24\/shiba-inu-shib-price-forecast-today\/","title":{"rendered":"Shiba Inu (SHIB) Price Forecast Today"},"content":{"rendered":"<div role=\"main\" id=\"main-content-row\">\n<article id=\"the-post\" data-post-url=\"https:\/\/coinpedia.org\/price-analysis\/shiba-inu-shib-price-forecast-today\/\" data-post-title=\"Shiba Inu (SHIB) Price Forecast Today\" data-post-edit=\"https:\/\/coinpedia.org\/wp-admin\/post.php?post=446990&#038;action=edit\">\n<div>\n<figure><img width=\"1200\" height=\"628\" src=\"https:\/\/image.coinpedia.org\/wp-content\/uploads\/2025\/03\/22190426\/Shiba-Inu-Price-Prediction_-Analyst-Teases-17x-Rally-as-Key-Breakout-Nears.webp\" alt=\"Shiba Inu Price Prediction_ Analyst Teases 17x Rally as Key Breakout Nears\" data-main-img=\"1\" decoding=\"async\" fetchpriority=\"high\"  ><\/figure>\n<\/div>\n<div>\n<ul>\n<li><strong>SHIB price has potentially broken out of a YTD falling channel in the past few days.<\/strong><\/li>\n<\/ul>\n<ul>\n<li><strong>The TRUMP token rally on Wednesday has increased the odds for a FOMO memecoin rally ahead.<\/strong><\/li>\n<\/ul>\n<p>The rise of Bitcoin (BTC) price, above $92k in the past few days, has triggered a significant increase in memecoin trading. Official Trump (TRUMP) token doubled in value on Wednesday, thus rejuvenating the memecoin rebound \u2013 led by Floki, Pudgy Penguin (PENGU), <a href=\"https:\/\/coinpedia.org\/price-prediction\/dogecoin-price-analysis\/\">Dogecoin<\/a> (DOGE), and Shiba Inu (SHIB), among others.<\/p>\n<p>According to market data from Binance-backed Coinmarketcap, the memecoin\u2019s daily average trading volume surged by over 102 percent to hover about $13.3 billion at the time of this writing,<\/p>\n<h2 id=\"h-what-next-for-shib-price\">What Next For SHIB Price<\/h2>\n<p>Shiba Inu price has closely mirrored <a href=\"https:\/\/coinpedia.org\/price-prediction\/market-price-prediction-ethereum-2019\/\">Ethereum\u2019s<\/a> fractal pattern in the past twelve months. The mid-cap memecoin, with a fully diluted valuation of about $7.9 billion and a 24-hour average trading volume of about $290 million, had been trapped in a falling channel in the past two quarters.<\/p>\n<figure><img fetchpriority=\"high\" decoding=\"async\" width=\"980\" height=\"627\" src=\"https:\/\/image.coinpedia.org\/wp-content\/uploads\/2025\/04\/24040833\/AD_4nXd8BQjWV0JrkA5WcKDllRKS88INWo2pIQzc9A8Do0YYmjNAhE2K29wmOJXkhOSTHO3uqTDRyO3uhzu-4GnKW4Tg5LU-H7s6TdIq2AClnOS8w7uiAuxIWBHQfK7WeQ0hT6ODw4VWCA.png\" alt  ><\/figure>\n<p>However, SHIB price, in the daily timeframe, has been forming a reversal pattern in the past three months. From a technical analysis standpoint, SHIB price has formed a possible inverse head and shoulders pattern, coupled by a bullish divergence of the Relative Strength Index (RSI) in the daily timeframe.<\/p>\n<p>With the daily MACD indicator on the cusp of flipping to bullish sentiment, SHIB\u2019s price is well positioned to rally at least 100 percent in the coming weeks.<\/p>\n<p>The SHIB\u2019s short-term bullish sentiment may be invalidated if the memecoin retraces below the upper border of the falling channel in the coming days.<\/p>\n<h2 id=\"h-market-outlook\">Market Outlook<\/h2>\n<p>The Shiba Inu memecoin has gradually evolved to a utility-based project following the rollout of the Shibarium layer two scaling solution. Moreover, more than 18 DeFi projects have launched on the Shibarium network, led by ShibaSwap and WoofSwap.\u00a0<\/p>\n<p>As a result, Shibarium\u2019s total value locked (TVL) has gradually increased to about $2.3 million at the time of this writing. The rising on-chain activity for Shibarium has helped increase Shiba Inu\u2019s daily burn rate, thus increasing value to the holders.<\/p>\n<\/div>\n<div>\n<h2>We&#8217;d Love to Hear Your Thoughts on This Article!<\/h2>\n<div>\n<h4>Was this writing helpful?<\/h4>\n<\/div>\n<\/div><\/div>\n<p><a href=\"https:\/\/coinpedia.org\/price-analysis\/shiba-inu-shib-price-forecast-today\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Steve Muchoki<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SHIB price has potentially broken out of a YTD falling channel in the past few days. The TRUMP token rally on Wednesday has increased the odds for a FOMO memecoin rally ahead. The rise of Bitcoin (BTC) price, above $92k in the past few days, has triggered a significant increase in memecoin trading. Official Trump<\/p>\n","protected":false},"author":1,"featured_media":843176,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4759,92260],"tags":[],"class_list":{"0":"post-843175","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-price","8":"category-shiba"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/843175","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=843175"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/843175\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/843176"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=843175"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=843175"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=843175"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}