Siba-Inu (Shib) He was the main product in the cryptocurrency space of memes, attracting a large community and causing speculative interest. As of January 2025, Siba-Inu demonstrates potential signs of bull impulse, which is facilitated by technical indicators, market mood and ecosystem development. Can Siba-Inu really reach 1 dollar? Although this goal requires significant market changes, here is an analytical breakdown based on the provided diagram and other market factors.
How has the price for Siba-Inu has changed lately?
The cost of Siba-Inu (Shib) is currently $ 0.00002408with a 24-hour trading volume 631.78 million dollarsMarket capitalization 14.19 billion US dollarsand market dominance 0.39%. Over the past 24 hours, the price of Shib has increased by 1.04%.
Token reached a record level $ 0.00008819 on October 28, 2021Although this is a record low level $ 0.0000,0005637 was recorded on November 28, 2020. From the moment of its peak, the lowest price of Shib has been $ 0.000005821 (at least the cycle), and the highest price since this minimum was $ 0.00004501 (high cycle). The current opinion on the forecast of prices for Siba-Inu is as follows. neutralWith Fear and greed index Indicating Extreme greed (78).
Siba-Inu current reserves make up 589.26 trillion ShibFrom the maximum reserve 589.74 trillion Shib. The annual level of inflation of the supply is -0.01%which reflects the reduction 44.79 billion Shib Over the past year.
Price forecast for Siba-Inu: current technical analysis
1. Sliding medium and trends
Short -term bullish impulse:
- The recent “Buying” signal coincides with the breakthrough above the level. 20-day EMA (exponential sliding average)Which indicates an early bull tendency.
- The 50-day SMA (simple sliding average) unfolds, and if Shib continues the ascending movement, a golden cross (50-day SMA, crossing the 200-day SMA), signaling strong bull moods, may occur.
200-day SMA support:
- The long-term 200-day SMA acts as a reliable level of support near the price range of 0.00001908 dollars. The rebound of the price from this support suggests that SHIB creates a stable base for potential growth.
2. RSI (relative force index)
RSI at a neutral level (51.96):
- RSI shows the potential for further growth before reaching the overlap zone (70+). This indicates that the current rally has the potential for continuing without immediate bear correction.
Previous RSI peaks:
- During the previous ascending trends, the RSI exceeded the mark of 70, which coincided with significant prices. A similar RSI trajectory can lead to Shib growth if the market enthusiasm grows.
3. Candle pattern Haykin-Ashi
- The green candles of Haykin-Ashi indicate the transition to bull moods after a consolidation period. The stable series of green candles will confirm the continuation of the rising trend.
Fundamental driving forces of potential growth shib
1. Development of an ecosystem
The price of Siba-Inu goes beyond the origin of coin memes. Recent developments in the Ecosystem of Siba-Inu, such as Shibarium (solution for scale 2), strengthened the possibilities of its use. Reducing transaction costs and improving scalability, Shibarium attracts more developers and users to the SIB decentralized ecosystem.
2. Acceptance and support of community
The Siba-Inu community historically was the driving force of the price movement. Wider implementation, listing on large exchanges and use options in Defi and NFT can further expand the SIB market capitalization.
3. The mood of the market
If the mood in the cryptocurrency market as a whole will become bullshit, Shib can benefit from the phenomenon of “Monet Monet”. Coins are often superior in terms of profitability in speculative cycles caused by social networks and hype in the community.
What should happen so that Shib reaches 1 dollar
1. Expansion of market capitalization
To reach 1 dollar for token, the market capitalization of Siba-Inu will have to grow exponentially. With his revolutionary supply, calculated by trillions, the price of $ 1 will mean market capitalization in quadrillions – a figure that is much exceeding the general world wealth.
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Token Burns:
- A significant reduction in the proposal is necessary by burning tokens. The Siba-Inu team has already launched burning mechanisms, and if these efforts are activated, they can significantly affect the dynamics of supplies.
2. Institutional adoption
Large -scale implementation by institutions and enterprises can stimulate significant demand. Partnership with large payment systems or integration into financial systems can increase the usefulness of Shib.
3. Wider rally crypto
The price of Shib is highly dependent on Bitcoin’s trends (BTC) and Ethrium (ETH). A strong growth in the cryptocurrency market in combination with institutional interest can create the conditions necessary for SHIB to approach 1 dollar in the long run.
How high can Shib rise in the short and long term?
Short -term forecast
- Shib has the potential to test the following resistance level near $ 0.00003000 If the bull impulse remains. The key levels that should be followed include:
- Immediate resistance: $ 0.00002548 (current maximum recent rally).
- The following resistance: $ 0.00003000Psychological barrier.
Medium -term forecast
- If Shib breaks $ 0.00003000, the next purpose may be $ 0.00005000The level observed during previous speculative bursts.
Long -term forecast
- So that Shib reaches 1 dollar, the following factors must coincide:
- Sustainable reduction in proposal by aggressive combustion of tokens.
- Significant increase in utility in Defi, Games and NFT.
- Perennial global bull market cryptocurrencies that contribute to unprecedented distribution.
Conclusion
Although 1 dollar remains a very ambitious goal, the Siba-Inu roadmap, technical trends and growing support for the ecosystem indicate a further increase in prices. In the short term, SHIB can continue the ascending trajectory, while the key resistance levels will act as guidelines for growth. The achievement of 1 dollar will require transformational changes in the dynamics of supply, utility and market conditions.
