Shib token price can increase by 37%

Prices predicting prices indicate significant SIB growth potential in 37% by June 2025. Now the token is trading about $ 0.00001445, the target indicator is indicated at the level of $ 0.00001981.

The volume of large transactions in 24 hours increased by 61.45%, reaching about 2.38 trillion shib tokens. An increase in transfers in the amount of $ 100,000 is a reliable indicator of the resumption of cryptocrates.

This leap occurred after a five -day recession, when large transactions fell by 74% from 5.76 trillion Shib on May 20 to 1.47 trillion Shib by May 25. This U -turn indicates the restoration of confidence among the main holders who reduced their positions during the recent phase of consolidation.

Currently, ShIB price forecasting models show consolidation between key sliding average. As Coincodex shows, a 50-day simple sliding average is at $ 0.0000135, while a 200-day simple sliding average creates a resistance at $ 0.0000181. This situation involves a shiba inu breakthrough, since prices are compressed between $ 0.0000139 and $ 0.00001475.

The daily RSI indicator remains at a neutral level, which confirms the ongoing phases of accumulation. Forecasts for June 2025 are based on gradual acceleration, which gives $ 0.00001551 to May 31 and $ 0.00001640 by June 1.

Data of the fear and greed index indicates neutral sentiments, the 14-day indication of the RSI 48.76 confirms the ascending trajectory of the price forecast of the SHIB.

According to forecasts, by June 20, the price of Shiba Inu will reach $ 0.00001804, and the most optimistic peak indicator of $ 0.00001981 is expected no earlier than June 24. The numbers in June 2025 are based on existing trends and behavior of cryptocrates and suggest that the markets will remain stable with high activity of institutions.

Be in the know! Subscribe to Telegram.

Source: Cryptocurrency

You may also like