Shiba Inu (SHIB) Has Always Been a Coin of High Dreams and Wilder Speculation

Shiba Inu (SHIB) has always been a coin of high dreams and wilder speculation. With its fanbase aiming for $0.01 or even $1, the question resurfaces: can SHIB hit that dream mark by July 1, 2025? Let's break down the reality based on the latest charts.

Shiba Inu (SHIB) has always been a coin of high dreams and wilder speculation. With its fanbase aiming for $0.01 or even $1, the question resurfaces: can SHIB hit that dream mark by July 1, 2025?

Shiba Inu Price Prediction: What Are the Latest Charts Saying?

As of Wednesday, May 17, SHIB is trading at $0.00001430. Both the hourly and daily charts indicate short-term bearish pressure. On the hourly chart, SHIB is stuck below all the key moving averages—20, 50, 100, and 200 SMA. The hourly price action is consistently getting rejected around the $0.00001536 and $0.00001553 marks, which represent the 100- and 200-hour SMAs, respectively. That’s a clear signal of weak momentum.

On the daily chart, SHIB price recently failed to hold above $0.00001600, which had acted as a breakout point in late April. After hitting a local high near $0.00001800, the coin retraced sharply and is now once again testing support near $0.0001314 (the 50-day SMA).

Is $1 a Realistic Target?

Let’s do the math. SHIB is currently trading at:

$0.00001430

To hit $1, it would need to rise by:

$1 / $0.00001430 ≈ 69,930x

That’s nearly a 70,000% increase, or a 6,993,000% gain from current levels. Even during the 2021 bull run frenzy, SHIB price best rally was around 48,000% over a longer timeframe. Hitting $1 in 45 days would require SHIB to double approximately every 2.5 hours—which is beyond any historical precedent in crypto.

What Are the Key Support and Resistance Levels?

On the daily timeframe, SHIB price has immediate support at $0.00001314, which is the 50 SMA. Below that lies stronger support at $0.00001200. If this zone breaks, price could freefall toward $0.00001000.

Resistance on the upside is currently at $0.00001536 and then at $0.00001800, followed by a major wall at $0.00002000. The 200-day SMA is still hovering way up near $0.00001828, indicating SHIB is not in a bullish trend yet on macro terms.

What Do Moving Averages Reveal?

In both timeframes, the price is below the 100- and 200-period moving averages. This confirms that bears are still in control. For a bullish reversal to occur, Shiba Inu price must reclaim and hold above the $0.00001600–$0.00001800 range, and show higher lows forming on the chart. That hasn’t happened yet.

Can SHIB Price At Least Revisit $0.002?

That’s a more realistic short-term target. If Shiba Inu price can defend the $0.00001314–$0.00001400 region and buyers step in again, a bounce to $0.00001800–$0.00002000 is possible. This would be a 40–50% upside move from current levels.

Given the current structure, a slow recovery rally can emerge by late May, especially if broader crypto markets (Bitcoin, Ethereum) remain stable or bullish. But that’s a far cry from $1.

Shiba Inu Price Prediction: Will Shiba Inu Coin Reach $1 Before July 1?

The answer is a clear no. The technical data, historical performance, and math all reject the possibility of Shiba Inu price reaching $1 in the next 45 days. That kind of move would require a multi-trillion-dollar market cap—something even Bitcoin hasn’t achieved.

However, a rally to $0.00001800 or $0.00002000 is possible if SHIB flips key resistances and attracts new volume. For now, investors should watch