Both the cryptocurrency and stock markets have struggled mightily in 2025. However, there are many who expect things to turn around in a big way over the next several months. Among the most promising may be Shiba Inu, as experts are saying SHIB could be bound for $0.00003 at some point.
Recent technical indicators suggest that the meme coin could have a 140% upside in the near future. The token has one of the strongest communities in the enrei industry, with the SHIB Army always looking to secure its future. However, there are still massive questions surrounding its ability to withstand the recent market decline.
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Shiba Inu Forming Strong Bullish Indicator: Can It Overcome 2025 Slide?
The cryptocurrency market failed to see its prices get a notable boost throughout the first three months of the year. Indeed, Friday saw Bitcoin fail once again to maneuver above the $83,000 mark. With recent geopolitical challenges, that fact is not a major surprise.
However, experts are quite bullish on one interest token, as Shiba Inu (SHIB) could be set to reach $0.00003, according to experts. The meme coin has struggled alongside much of the market to this point. Specifically, SHIB is down more than 6.7% over the last 30 days, according to CoinMarketCap.
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A recently published analysis noted that SHIB is caught in a descending wedge on a 3-day timeframe. Moreover, that has dampened any rally since the asset hit a December high of $0.000033. Additionally, they note the asset has formed a key support between $0.000011 and $0.000012.
The asset’s relative strength index sits at 34.17, which is nearing the oversold area. Meanwhile, its Moving Average Convergence Divergence (MACD) is flashing a buy signal. These facets signal a breakout could be forming, with the asset targeted at 143% upside from its current position.
The analyst isn’t alone, as crypto price prediction platform CoinCodex is similarly bullish. The platform projects that SHIB will reach a $0.00003 price at some point this year. Moreover, they forecast the asset to hit a 2025 high of $0.000056 in August.
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