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BlockNews
Home CRYPTO

Shiba Inu Creeps Toward a Breakout — Is SHIB Gearing Up for a Big Move?

by Gary Ponce
July 2, 2025
in CRYPTO, FINANCE, MEMECOINS, OPINION
Reading Time: 3 mins read
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  • SHIB is consolidating near key technical levels, with a possible bullish breakout on the horizon.
  • Moving averages and Fibonacci retracement suggest accumulation and trend reversal potential.
  • Price forecasts for July 2025 point to 20–30% upside, contingent on market sentiment and volume confirmation.

Shiba Inu might just be shaking off the dust. After weeks of choppy action and macro-fueled hesitation across the board, SHIB is starting to show some life. Price is tightening up, trading sideways—but beneath that calm surface, some technicals are hinting a breakout might not be far off.

Right now, SHIB’s sitting at about $0.00001140, up a modest 1.23% in the last day. Its market cap’s hanging around $6.71 billion, and trading volume’s no joke either—$132 million has moved through hands in the past 24 hours. Not wild numbers, but it’s steady. What’s got analysts paying attention though, is how SHIB’s tracking near a key Fibonacci retracement level… the kind that often kicks off new trends.

Technicals Are Quietly Turning Bullish

A lot of traders think we’re in the middle of SHIB’s accumulation phase—basically, the calm before something bigger. After the mid-June dip, the coin’s been holding its ground and slowly rebuilding. The 7-day moving average just started curling upward, which doesn’t sound huge, but it’s a good sign when it starts creeping toward that 14-day MA. If those two lines cross and volume picks up, well… you’ve got a classic short-term bullish trigger right there.

Support is looking solid at $0.0000095, and resistance is overhead at $0.0000118. Price action’s still neutral for now, but it’s leaning slightly green, and sentiment’s shifting. Retail buyers are poking in again, and there’s chatter that institutions are sniffing around too.

Shiba Inu Shib 60 Day Price Trend

Forecasts Paint a Cautious but Upward Picture

Looking ahead, some analysts are starting to project mild gains. Changelly’s got SHIB pegged for an average of $0.0000130 by July 2025, with a potential swing between $0.0000112 and $0.0000147. Meanwhile, CoinCodex sees a similar range with an average price of $0.00001247. If either of those plays out, you’re looking at a 20–30% gain from current levels—not moonshot territory, but definitely something.

That said, nothing’s locked in. Forecasts are only as good as market sentiment, and the whole altcoin space still feels a bit twitchy.

Final Thoughts: Quiet Before the Bark?

SHIB’s holding steady and flashing just enough bullish energy to get folks interested again. It hasn’t confirmed a breakout yet, but the groundwork’s being laid—slowly but surely. If volume returns and that moving average crossover holds, we could see Shiba Inu claw its way back into the spotlight.

It’s still a waiting game for now. But if the broader crypto market keeps pushing higher in the second half of 2025, SHIB might just ride the wave and make some serious noise.

Tags: $SHIBChangellyCoinCodexShiba Inu
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