Shiba Inu Coin Price Prediction: Meme Coin Poised for 12-15% Price Reversal

• Shiba Inu coin price prediction suggest that the meme coin is poised for 12 to 15% of price reveersal.
• Traders are over-leveraged around $0.0000124 on the lower side and $0.00001318 on the upper side.

Shiba Inu coin price prediction suggests that the meme coin is at a make-or-break level. If the downward pressure accelerates, a massive crash could occur. After bleeding for three consecutive days, SHIB, the native token, continues to hover at a local support level of $0.00001240.

This level has a history of price reversals, which might explain why it appears to be defending this level over the past 48 hours.

At press time, SHIB was trading near $0.00001266 and had recorded a price surge of over 2.25% in the past 24 hours.

As this surge occurred near the key support level, traders and investors appeared cautious and participated less in the token, which led to a 50% drop in the recorded trading volume.

Whale Activity and Selling Pressure

This lower participation was potentially caused by whales’ continuous selling of SHIB holdings. Data from the on-chain analytics platform Santiment reveals that the supply held by whales at the beginning of 2025 was nearly 743 trillion, which has now plummeted to 723 trillion.

Shiba Inu’s whales activity | Source: Santiment

This suggests a potential sell-off by whales and investors, which appears to be limiting SHIB’s upside momentum.

Declining Token Burn Rate

On the other hand, another factor limiting upside momentum is the token burn rate, which has significantly dropped over the past few weeks.

According to the latest data, the single largest burn this week was about 18 million, which occurred on May 28, 2025. However, just a few months ago, this value was over a billion and was a common occurrence.

The token burn rate is a mechanism that reduces circulation, potentially leading to upward momentum and minimizing price declines.

Shiba Inu Price Prediction Action and Technical Analysis

According to expert technical analysis, Shiba Inu coin price prediction appears bullish and is poised for a price reversal, as it seems to be mirroring past momentum.

Based on the daily chart, with the recent price dip, the meme coin has successfully retested the local support level of $0.00001240 and has now found accelerating upward momentum.

Shiba Inu Coin Price Prediction

Based on recent price action and historical momentum, if the SHIB price holds above the $0.00001240 mark, the Shiba Inu coin price prediction suggests that the meme coin could see a price reversal and experience a 12 to 15% upside momentum.

On the other hand, the Shiba Inu coin price prediction could only turn bearish and see a decline if it falls below the key support level and closes a daily candle below the $0.00001240 mark. If this happens, there is a strong possibility that the meme coin could see a price dip of 18%.

With market uncertainty, SHIB’s Relative Strength Index (RSI) has dropped to the 39 level, indicating that the asset is nearing oversold territory and could soon experience a price reversal. However, the market structure and sentiment also play crucial roles in confirming this potential reversal.

Shifting Trader Sentiment

Given the current market sentiment, traders have been shifting their bets from short positions to long positions, which suggests a potential sign of a price reversal.

At present, traders are over-leveraged around $0.0000124 on the lower side and $0.00001318 on the upper side. At these levels, they have built $738.64K worth of long positions and $664.50K worth of short positions, suggesting that bulls are currently dominating and appear to be focused on a potential price reversal.