• Shiba Inu’s bullish momentum may surge with pro-crypto US administration changes.
• Technical indicators show balanced momentum, suggesting potential upward movement.
• SHIB’s price could reach $0.000033 by 2025, with steady growth expected.

Shiba Inu (SHIB) has shown signs of a potential “face-melting” rally, igniting optimism in the crypto community. With the price of SHIB at $0.000024, a 6.29% increase in the last 24 hours, there’s optimism that a rally could be on the horizon. 

Market Optimism and Pro-Crypto Sentiment

Besides, market sentiment is buoyed by expectations of a pro-crypto administration taking office in the United States, led by former President Trump. 

The anticipated policy changes, such as the creation of a strategic Bitcoin reserve, could inject substantial liquidity into the market, potentially driving prices higher for assets like Shiba Inu. Consequently, SHIB’s fundamentals and technical indicators are pointing toward more upside in the coming weeks.

Current Market Dynamics and Indicators

At the moment, SHIB is showing a slight decline of 0.20% from the previous day’s close. This minor pullback follows a recent recovery phase after a sharp drop in November and early December. While the price action has been relatively subdued, there is still hope for further growth. 

Technical Indicators:

• The Relative Strength Index (RSI) stands at 52.80, indicating a neutral market—neither overbought nor oversold—suggesting balanced momentum with room for further movement.
• The Moving Average Convergence Divergence (MACD) has displayed a bullish crossover, with the blue line moving above the orange signal line, pointing to potential upward momentum.

Read also: Shiba Inu’s 2025 Price Surge: A 264% Upside Forecast

Key Support and Resistance Levels

For traders, SHIB’s price movement hinges on critical support and resistance levels:

• Support Levels: SHIB’s price finds strong support at $0.00002000, a psychological threshold where buyers have historically shown interest. A failure to hold above this level could lead to a deeper correction toward $0.00001850.
• Resistance Levels: On the upside, SHIB faces resistance at $0.00002500, a level that has proven challenging in recent weeks. Breaking above this level with significant volume could set the stage for a move toward the $0.00003000 zone, a resistance level last tested in October.

Shiba Inu Price Prediction for 2025

Looking ahead, SHIB’s price could experience further growth as the market matures. Changelly blog analysts suggest that by 2025, the minimum price of Shiba Inu could reach $0.000027, with a potential maximum price of $0.000033. The average price is expected to hover around $0.000028, reflecting a modest but steady increase.