Shiba Inu Ready to Surge After 4.7 Million Token Burn and Shibarium Security Upgrade?

Jakarta, Pintu News – On August 16, the price of Shiba Inu (SHIB) was trading at $0.00001297 after experiencing a 1.26% increase. The token formed an inverse head and shoulders pattern, signaling a possible trend reversal in a bullish direction if the neckline level is successfully broken.

In addition, the recent spike in token burns as well as security enhancements to Shibarium have added to market confidence. With these conditions, the price of Shiba Inu is in a strong position to potentially experience a breakout in the near future.

Shiba Inu Price Action Strengthens, Pattern Looks Aligned with RSI Neutral Zone

According to Coingape (17/8), Shiba Inu has just formed an inverse head and shoulders pattern with a neckline around $0.00001306. This bullish pattern usually signals a trend reversal, and the potential upside could reach $0.00002600, which means a possible price spike of up to 100%.

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The upward pressure could be stronger as long as the neckline is maintained. Horizontal resistances are still at $0.00001397 and $0.00001600, and these two levels must be broken for further potential gains to be realized.

On the other hand, short-termsupport is around $0.00001252, and if this level fails to be maintained, the bullish argument could weaken. In general, the price structure supports Shiba Inu’s bullish prediction for 2025.

Shiba Inu prices also remain in a consolidation channel, bouncing off important demand areas. The Relative Strength Index (RSI) is currently at 48, which indicates a neutral position, but still has upside potential if it enters bullish territory.

Even so, sellers are still active at the mid-range resistance, which could trigger a short-term pullback. If the price manages to break $0.00001724, a rally will likely accelerate the pace of the upside for this top-tierecoin.

Burning Surge and Shibarium Safety Enhancements Strengthen Long-term Confidence

Shiba Inu recently experienced a significant token burn event, with over 4.7 million tokens burned, registering a 1,985% spike in 24 hours (17/8). This aggressive burn instantly affected supply in the market, providing long-term bullish pressure for the ecosystem.

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In addition, Shibarium has enhanced its security through a partnership with DegenSafe, a move aimed at strengthening protection for users. This decision was taken considering that scams and hacked wallets are the main threats in the crypto world.

This combination of token burning and increased security demonstrates the project’s proactive stance on strengthening fundamentals. Retail and institutional investors can see this event as a strong signal of confidence in Shiba Inu.

Although the price remains dependent on further technical movements, these factors provide additional support for a bullish scenario. As such, Shiba Inu is building the foundation for sustainable long-term growth.

Overall, the price outlook for Shiba Inu remains bullish, supported by the inverse head and shoulders pattern breakout and RSI recovery signal. Massive burning activity helps reduce supply, while Shibarium upgrades improve network security.

If momentum continues to build, resistance levels could potentially be broken, paving the way for higher valuations. As such, SHIB has a positive short to medium term outlook.

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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:

• Coingape. Shiba Inu Price Targets $0.000026 Amid 4.7M Token Burn and Shibarium Security Boost. Accessed on August 18, 2025