Shiba Inu (SHIB) Price Prediction – 50% Crash Coming?
While the broader cryptocurrency market might be stable and even nudging higher at the start of the week, as trade war fears recede and dovish Fed commentary supports sentiment, the Shiba Inu price chart is sending bearish long-term signals, including that a 50% price crash could be just around the corner.
The Shiba Inu price was last around $0.000012, having bounced around 16% from last week’s lows just above $0.000010.
Is this the start of a new revival for SHIB and the broader meme coin market?
Well, chart analysis says no. Firstly, SHIB remains stuck in an ugly downtrend since topping out around $0.000033 in late 2024.
The meme coin market has been experiencing a period of painful deflation, worsened by the launch of US President Donald Trump’s official meme coin, which sucked a lot of liquidity out of the space, and has since left almost all investors at a major loss.
This year, Shiba Inu’s 21 and 50 DMAs have acted as strong resistance levels time and time again, as has the downtrend from the December 2024 highs.
While the pace of decline has slowed in the past two months or so, the Shiba Inu price has formed an ominous descending triangle pattern
50% Shiba Inu Price Crash Coming?
Descending triangle patterns often form ahead of major bearish breakouts. This should be a major concern for SHIB holders.
A breakdown below resistance in the $0.000010 area would open the door to a decline all the way back to 2023 lows around $0.000006.
But could the Shiba Inu price actually fall this much?
Never say never. Just as crypto markets can surprise investors with how hard and fast they can rally, they can also catch investors offside with how far and how fast they can fall.
And macro fundamentals could be the catalyst needed to trigger a major Shiba Inu price decline.
Trade war uncertainty appears to have peaked for now, as the US delays the implementation of tariffs against most countries (excluding China and a few others), and enters a phase of negotiations.
Fed policymakers have also signaled a willingness to step in to support the economy/markets if required in recent days.
However, uncertainty about a possible US recession remains elevated. Recent economic data releases, including the latest University of Michigan sentiment numbers, are pointing to sharp economic deterioration.
As the probability of a recession rises, financial market sentiment could yet take another decisive turn for the worse.
And meme coins like Shiba Inu could be the first dominoes to tumble.
Buy the SHIB Dip?
If SHIB was to drop all the way back to 2023 lows, would it be a good time to buy the dip?
Well, for investors looking for a high risk but high reward asset to allocate to, it could be.
Macroeconomic uncertainty is set to remain elevated in the short term. But most would agree that by the time Trump’s second term is up in 2029, cryptocurrency markets are likely to be in a much better place than they are right now, and that includes for major meme coins like Shiba Inu.
The Trump administration is ardently pro-crypto; the US has established a strategic Bitcoin reserve that it is looking to expand, and is pushing friendly regulatory policies.
Macroeconomic uncertainties aside, it’s never been a better time for the crypto industry. And if a flood of new liquidity comes, like in 2020/2021, to save the US economy in recession, altcoins will finally have the fuel they need to pop.
SHIB may fall to $0.000006 in 2025. But it could easily hit new all-time highs in the coming years.
Investors in SHIB should be willing to lose whatever they put into the coin. However, they might also bag 10x+ gains if they can hold through volatility.