Shiba Inu (SHIB) cryptocurrency has shown unstable behavior over the past three days but maintained relative stability. Investors and traders are closely watching levels to determine if SHIB is poised for a breakout or further decline.
SHIB's 3-Day Price Performance
On March 20, 2025, SHIB opened at $0.00001296 and closed at $0.00001261, with a trading volume of $89.16 million, indicating mild bearish pressure. On March 21, the price briefly climbed to $0.00001280 but eventually closed lower at $0.00001252, with trading volume dropping to $73.51 million, signaling decreased market participation. On March 22, SHIB opened at $0.00001298 and closed at $0.00001249, with volume declining to $54.37 million, reflecting low volatility and cautious sentiment. On March 23, 2025, SHIB is trading around $0.00001286, showing minor recovery but lacking strong bullish momentum.
SHIB Price Prediction for the Next Few Days
SHIB's consolidation signs suggest traders are waiting for a decisive move. Two prediction scenarios include: Bearish scenario (60% probability) suggests that if SHIB fails to hold above $0.00001250, selling pressure could increase, pushing the price toward $0.00001220 or even $0.00001200 by March 26. A breakdown below $0.00001200 indicates a deeper correction. Bullish scenario (40% probability) suggests if SHIB maintains support above $0.00001250 and trading volume increases, it could attempt a recovery toward $0.00001300-$0.00001320. A breakout above $0.00001320 could trigger further upside momentum.
Key Levels to Watch
Support levels: $0.00001250, $0.00001220. Resistance levels: $0.00001300, $0.00001320. SHIB remains at a critical juncture, and traders should monitor volume and market sentiment to anticipate its next move.
SHIB is in a consolidation phase, and further movements depend on market signals and open positions. Investors should pay attention to market dynamics and trading volumes to pre-plan their actions.
