Shiba Inu Price Prediction: Can SHIB Break $0.00001771 in August?
Jakarta, Pintu News – According to TronWeekly (29/7), the price of Shiba Inu is still moving in a narrow range, hovering around $0.000014, with a decline of 5.42% in the last 24 hours.
Even so, SHIB still maintained a 16% gain in the past month, signaling that the bullish trend has not completely disappeared. However, the market is currently in a polarized state, where buyers and sellers continue to fight for control in the short term.
According to the analysis, the last 4-hour candlestick shows a bearish trend for SHIB. The price is currently around $0.00001337, with an attempt to hold at the crucial support level of $0.00001300. This is a significant drop from the recent trend high of $0.00001436, signaling increasing selling pressure.
This bearish movement shows that currently, the market power is more in the hands of the bears.
Shiba Inu Still Under Pressure Below Key Resistance Levels
Currently, the 50-period moving average is at $0.0000142, and SHIB prices are still trading below this level-signaling a short-term bearish phase.
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Meanwhile, stronger resistance lies at the 100-period and 200-period moving averages, at $0.00001436 and $0.00001470 respectively. This indicates the presence of strong resistance that the current price movement is finding difficult to break through.
The MACD indicator also reinforces the view that the market is in a bearish phase. The MACD curve is currently in a negative divergence position against the signal line.
The divergence between the two is depicted in the red histogram, which means that the bearish momentum is getting stronger. The MACD value is at -0.00000009, confirming that the market is still in negative territory.
According to volume analysis, there was an increase in bear bars, indicating increased selling pressure. The volume ratio rising along with the price drop further proves that the bears are currently taking control of the market.
This increased selling activity could be an indicator that the downward trend may still continue in the near future.
SHIB Burn Surges and August 2025 Price Predictions
The latest data regarding the burning of the Shiba Inu (SHIB) token shows that the project is constantly working to reduce the circulating supply.
In the last 24 hours alone, the number of tokens burned reached 604,275,747 SHIB-a remarkable spike of 374,688.81%.
In the past seven days, the total burn has reached 636,751,651 tokens, up 478.97% over the previous period. This sharp rise shows that the community burn effort continues to increase aggressively.
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SHIB Price Prediction for August 2025
In terms of price predictions, according to CoinLore, SHIB is expected to trade at around $0.0000142 on August 1, 2025. Meanwhile, CoinCodex predicts SHIB could rise to $0.00001562 by the end of August.
Their price projections are in the range of $0.00001350 to $0.00001771, which could potentially provide a yield of 32.87% on the current price.
Whether Shiba Inu prices will continue to weaken or begin to recover will largely depend on market activity in the coming weeks.
With an ever-increasing burn rate and an active community, SHIB still has the potential to rise-although volatility remains a major factor for investors to watch.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
Reference:
- Tron Weekly. Shiba Inu Price Prediction: Can Shiba Inu Break? Accessed on July 30, 2025
