Current Date:April 5, 2025

Dogecoin rise brought Shiba Inu (SHIB) into the spotlight!

Dogecoin ( DOGEPositive mobility starting on the ) side, Shiba Inu ( SHIB) reflected in the price?

With the enthusiasm created by Elon Musk and X, it is on the agenda again. DOGE reflected this situation directly to its price. This event, which started with Musk adding the letter D to the position in X, increased the interest of DOGE and SHIB in investors. DOGE, which priced close to 20 percent in a short time, followed suit. SHIB Can he bring What’s the current chart for SHIB?

Shiba Inu (SHIB) technical analysis

SHIB, which caught a huge rise after its contact with $0.00000544, is currently trading at $0.00000779. Considering DOGE, which has been on the rise for over a month, a possible action on the SHIB side seems possible. If the popular memecoin can break above $0.00000919, its new targets could be $0.00001008 – $0.00001074 – and $0.00001159 respectively.

If there is no move from Elon Musk and X to DOGE or if BTC tests lower levels, the chances of a pullback in SHIB will become stronger. In such a scenario, traceable support zones are 0.00000779 – 0.00000774 – 0.00000694 – 0.00000641 and 0.00000544 respectively.

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