Shiba Inu Price Prediction: 30x Incoming?
The post Shiba Inu Price Prediction: 30x Incoming? appeared on BitcoinEthereumNews.com.
Shiba Inu (SHIB) is heating up once again. After months of quiet trading, the popular meme coin is now flashing bullish signals on both the daily and hourly charts. With May just around the corner, excitement is building — can Shiba Inu pull off a 30x rally and deliver life-changing returns? While the idea sounds bold, the current technical setup, whale accumulation, and broader crypto sentiment suggest that something big could be brewing. In this article, we’ll dive deep into SHIB’s latest price action, key levels to watch, and realistic calculations of what it would take for Shiba Inu price to achieve a 30x surge in May 2025. Shiba Inu Price Prediction: Quiet Accumulation or Big Explosion Ahead? SHIB/USD Daily Chart- TradingView The daily chart shows SHIB has finally broken above key moving averages after months of sideways drifting. The 20-day and 50-day simple moving averages (SMAs) have flipped bullish, while the price now wrestles with the 100-day SMA near 0.00001454. Importantly, the Accumulation/Distribution Line (ADL) has jumped to 1,594.49 — a major sign that whales might be quietly positioning themselves for a move. Historically, SHIB breakouts have started when this kind of accumulation goes unnoticed. The resistance around 0.00001500 remains a hurdle. If SHIB can close a few strong daily candles above this level, a bigger rally could trigger. Hourly Chart: Short-Term Cool-Off or New Launchpad? SHIB/USD 1 Hr Chart- TradingView On the hourly chart, SHIB price enjoyed a massive surge past 0.00001550 earlier but has since cooled to 0.00001369. Despite the pullback, Shiba Inu is still above its 200-hour moving average — a critical support level. The short-term moving averages (20-hour and 50-hour) are starting to converge, suggesting a decision point is near. Either SHIB price bounces back toward 0.00001500 resistance, or it risks falling to the 200-hour…
Filed under: News - @ April 27, 2025 11:12 am