Shiba Inu (SHIB) is Currently Poised for a Significant Breakout

This price point has acted as a critical level of support in the past, notably through late 2024 and early 2025.

Shiba Inu (SHIB) is currently poised for a significant breakout, especially as Bitcoin edges closer to reclaiming the $95,000 mark. This price point has acted as a critical level of support, notably through late 2024 and early 2025.

A clear breach of this level could propel Bitcoin to retest the $99,000-$100,000 range, and past experiences suggest that once this psychological threshold is crossed, investor sentiment tends to shift rapidly from caution to greed.

Beyond the realm of technical analysis, speculative discussions have emerged around the possibility of a Shiba Inu spot ETF. If Shiba Inu were to receive even a fraction of the inflows that Bitcoin’s spot ETFs have accumulated since January 2024 - $38.9 billion, to be exact - the implications for $SHIB’s price could be substantial.

Analysts at ran projections based on just 5% of these inflows entering Shiba Inu’s ecosystem, which amounts to approximately $1,945 billion. Using a conservative 10x multiplier model (common in assessing how inflows impact market cap), this would suggest a potential $19 billion boost to $SHIB’s current market cap of $7.7 billion.

Assuming the circulating supply stays near 589 trillion, the price per coin could rise to around $0.0000470 - an estimated 240% increase from current levels. What makes this price target particularly compelling is that $0.00003500 has historically represented a major resistance level for Shiba Inu.

It was only during the euphoric end-of-2021 bull market that $SHIB decisively broke past this barrier. A return to and break beyond this point would not only be technically significant but also psychologically powerful.

Once emotional buying, or FOMO (fear of missing out), kicks in, it can amplify the price movement far beyond projections based purely on ETF inflows.

SHIB Price Prediction

At the time of writing, $SHIB is trading at $0.0000132, down 2% over the past 24 hours and 3% in the past seven days. As Bitcoin climbs, altcoins like Shiba Inu often follow suit, and technical indicators show that $SHIB is once again testing the crucial $0.0000150 resistance level.

A decisive breakout could set the price on a path toward $0.0000180. On the bearish side, if SHIB fails to hold the support at $0.0000128, it could drop further to the next support level at $0.0000122.

Based on technical indicators, Shiba Inu is currently trading below both its 50-day and 200-day simple moving averages (SMAs), which stand at $0.0