SHIB Price Prediction: Targeting $0.00001320 Breakout Within 7 Days Amid Mixed Signals
The post SHIB Price Prediction: Targeting $0.00001320 Breakout Within 7 Days Amid Mixed Signals appeared on BitcoinEthereumNews.com.
Jessie A Ellis Aug 29, 2025 07:02 SHIB price prediction shows potential 8% upside to $0.00001320 if wedge pattern breaks, though bearish MACD suggests caution for Shiba Inu forecast. SHIB Price Prediction Summary • SHIB short-term target (1 week): $0.00001320 (+8.1% from current consolidation) • Shiba Inu medium-term forecast (1 month): $0.00001000-$0.00001743 range • Key level to break for bullish continuation: $0.00001300 • Critical support if bearish: $0.00001000 Recent Shiba Inu Price Predictions from Analysts The latest SHIB price prediction landscape reveals a divided analyst community with competing forecasts. CoinEdition’s recent analysis points to an immediate SHIB price target of $0.00001300-$0.00001320, based on a tightening wedge pattern that could trigger a breakout within days. This Shiba Inu forecast aligns with technical pattern recognition suggesting consolidation is nearing completion. Contrasting this optimistic view, Google’s Gemini AI delivered a bearish SHIB price prediction, projecting a 16.4% decline to $0.00001000 by August 31st. This forecast cites weakening technical indicators and reduced token burn activity as primary concerns. Meanwhile, CoinCodex maintains a medium-term bullish stance with their Shiba Inu forecast targeting $0.00001731, representing a potential 32.6% upside despite current bearish sentiment indicators. The consensus reveals analysts are closely watching the $0.00001200-$0.00001300 range as the decisive battleground for SHIB’s next major move. SHIB Technical Analysis: Setting Up for Potential Breakout Current Shiba Inu technical analysis presents a complex picture with mixed signals that traders must navigate carefully. The RSI reading of 46.02 positions SHIB in neutral territory, suggesting neither overbought nor oversold conditions. This creates a balanced environment where price could move in either direction based on momentum catalysts. The MACD histogram showing bearish momentum at -0.0000 provides the most concerning signal in the current setup. This negative divergence suggests selling pressure remains present, potentially limiting upside…
