Can Shiba Inu Climb More Than 10x in the Second Half of 2025?

2025-03-24
Can Shiba Inu Climb More Than 10x in the Second Half of 2025?

After a steep 63% drop from its December 2024 peak, Shiba Inu is showing early signs of a possible rebound. 

With a technical setup forming over the last four years and a triangle pattern tightening into a key decision point, many traders are wondering whether SHIB could stage a more than 10x surge and reach 0.00023 by the end of 2025.

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December Crash Still Weighs on SHIB

SHIB reached 0.00003343 in December 2024 before tumbling to its current price of around 0.00001258. 

That represents a sharp 63% decline, consistent with broader market corrections that followed the Trump-related hype rally. 

This drop, though painful for holders, did not erase SHIB's position as a top-traded meme coin. Its massive community and strong daily liquidity have helped it maintain relevance in a tough environment.

However, recent data shows that short-term holders are cashing out. The MVRV Long Short Difference is at a six-month low, signaling that profit-taking is putting extra pressure on the token. 

Without renewed support from long-term holders, SHIB risks stagnating further unless a technical or macro catalyst sparks fresh interest.

Still, SHIB's chart tells a different story. A long-term setup may be unfolding that could bring big gains for those willing to be patient.

Read more: Shiba Inu Price $1

Four Years Inside a Symmetrical Triangle

Since its all-time high of 0.000088 in October 2021, SHIB has slowly drifted into a large symmetrical triangle pattern. This type of formation, marked by lower highs and higher lows, typically leads to a breakout once the price reaches the triangle's apex.

SHIB has stayed within this triangle for four years. It last tested the upper trendline in 2024 when it reached 0.000033, but resistance pushed the price back down to as low as 0.00001082. It is now approaching the critical zone where the two trendlines are about to meet.

A breakout from this triangle could lead to an explosive move in either direction. According to TradingView, SHIB is currently experiencing a Bollinger Band squeeze, which signals tightening volatility. This setup often occurs before a large breakout.

At the time of writing, SHIB is testing the lower Bollinger Band near 0.00001165. The middle band, representing the 20-day simple moving average, sits at 0.00001267, while the upper band is at 0.00001370. If SHIB clears this upper band, the technical case for a bullish move grows much stronger.

Read more: Shiba Inu Price Prediction 2025-2027

Over 10x Growth Potential

CryptoELITES, a prominent market analyst, believes SHIB could surge beyond 0.00023 if it breaks out of its triangle. This target would require a gain of more than 17 times its current price. 

While this might seem like a stretch, other analysts, including Alan Santana, agree that SHIB could rise to 0.0002318 if it clears its current consolidation zone.

This prediction is supported by multiple signals. Rising volume and a tightening price structure point to a possible breakout. 

In the last 24 hours, SHIB's trading volume rose 21.74% to 128.7 million dollars. Its market cap is now at 7.69 billion dollars, nearly identical to its fully diluted valuation of 7.7 billion dollars. 

This indicates that most of SHIB's enormous supply is already circulating, which limits future dilution risks.

SHIB's price also closely tracks Bitcoin. The current correlation between the two is 0.77. If Bitcoin continues its move toward the 90000 mark, SHIB could benefit from a wave of renewed interest across altcoins. A breakout in Bitcoin would likely act as the catalyst SHIB needs to move past resistance levels.

However, for SHIB to hit 0.00023, it must not only break through its triangle but also sustain that momentum. Any major pullback in Bitcoin or lack of retail interest could stall the rally. But if conditions align, SHIB has the technical structure and community support to make it happen.

Read more: Should You Buy the Dip? Evaluating Shiba Inu (SHIB)

Trade SHIB Confidently with Bitrue

If you want to catch SHIB’s next major move, Bitrue is the place to do it. As one of the leading cryptocurrency exchanges, Bitrue offers fast execution, deep liquidity, and strong support for SHIB trading pairs.

Bitrue supports SHIB in both spot and futures markets, allowing you to go long or short depending on your strategy. You can also manage your risk with advanced order types and benefit from some of the lowest trading fees in the industry.

What sets Bitrue apart is its commitment to security and simplicity. With a user-friendly interface and round-the-clock support, Bitrue makes it easy to get started, whether you are a beginner or an experienced trader.

As SHIB gears up for a potential breakout, using a reliable platform like Bitrue can give you the edge you need.

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Conclusion

Shiba Inu is preparing for a decisive move after four years of consolidation inside a symmetrical triangle. 

With key resistance levels coming into view and volume starting to rise, the conditions for a breakout are taking shape. Analysts believe SHIB could rise more than 10x to hit 0.00023, but this will depend on broader market conditions, particularly Bitcoin's trajectory.

SHIB remains a speculative but technically promising asset. For traders looking to get involved, the coming months could provide a high-reward opportunity, especially if a breakout occurs. Just be ready for volatility and manage risk wisely.

To trade SHIB and be ready for its next big move, Bitrue offers the tools, speed, and liquidity you need to take action when the moment arrives.

Frequently Asked Questions

1. Can SHIB climb more than 10x in 2025?

Yes, analysts believe SHIB could surge over 10x to reach 0.00023, but it depends on a breakout and broader market support.

2. What chart pattern is SHIB forming?

SHIB has been forming a symmetrical triangle for four years, a pattern that often leads to large breakouts.

3. Where is the best place to trade SHIB right now?

Bitrue is a top choice for SHIB trading, offering deep liquidity, low fees, and support for both spot and futures markets.

Investor Caution 

While the crypto hype has been exciting, remember that the crypto space can be volatile. Always conduct your research, assess your risk tolerance, and consider the long-term potential of any investment.

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Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.

Disclaimer: The content of this article does not constitute financial or investment advice.

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