Shiba Inu Price Breakout in 2025

Shiba Inu achieved a major bullish breakout in 2025, signaling a potential reversal after a downward trend. The recent price spike has surpassed the 50 EMA, overcoming significant resistance.

Recent Performance

SHIB had been on a decline, struggling below key moving averages with little bullish momentum. However, on March 26, the token surged past the 50 and 100-day moving averages, breaking the descending resistance line.

Currently trading at approximately 0.00001503 USDT, SHIB has increased more than 8.6% in a day. The Relative Strength Index (RSI) is a strong indicator of this movement, having risen sharply to above 62, signaling bullish momentum.

This RSI increase marks a significant departure from the oversold conditions experienced in February and early March, representing the best levels seen in months. The rise in trading volume during this breakout suggests that the rally could be just beginning, attracting more traders and investors.

Future Outlook

Technical traders acknowledge the breakout, raising optimism about SHIB’s potential. If SHIB maintains its position and gains further strength, it may reach towards the 200-day moving average at around $0.00001798.

Currently, SHIB is holding above a crucial support level near $0.00001300. The focus is on whether this momentum can sustain itself, potentially leading to a robust Q2 in 2025 for the meme coin ecosystem.