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Mr.Arshman

06/20 01:10

Shiba Inu Price Prediction: SHIB Would Eye the 200

Shiba Inu Price Prediction: SHIB Would Eye the 200-Day EMA First

Shiba Inu (SHIB) has been on a downtrend ever since its short-term exponential moving averages (EMAs) made a bearish crossover.SHIBUSD_2025-06-18_07-19-26-768x374.png

The 9-day EMA moved below the 21-day EMA in late May, triggering a sell signal known as a ‘death cross’ that typically anticipates big losses.

The Relative Strength Index (RSI) is on a downtrend as well and is nearing oversold territory already, meaning that the trend is strong.

At this point, the price action seems to be determined to tag that $0.00001050 support in the next few days. A first bounce could push SHIB to retest its short-term EMAs first.

A bullish breakout above that target would confirm this bullish Shiba Inu price prediction. Next up, the 200-day EMA would be the first target to watch.

Even though meme coins have been experiencing a wave of negative momentum lately, the best crypto presales like Solaxy (SOLX) could still deliver significant gains after they are launched and listed on exchanges

#Share Your Thoughts on Popular Assets in June#Check In to Win a 20g Gold Bar#Claim1,200 USDT in the Monthly Creation Challenge# Israel’s attack on Iran.#US May CPI data
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