SHIB Price Analysis of March 12, 2025: Shiba Inu Recovering from $0.00001080 Crash, Eyeing to Break $0.00001233 Next?

Are you interested in investing in Shiba Inu and looking for a technical SHIB price analysis? As of March 12, 2025, the price movements and support and resistance levels and important technical indicators including MACD and RSI become visible when observing the SHIB/USDT 5-minute chart. Traders rely on this evaluation to base their decisions through price movements that progress beyond or fall below previous points or consolidate at certain areas.

Analyzed by baishnabtriparna, published on Tradingview on March 12, 2025

The SHIB price today achieved its support point of $0.00001140 during 06:00 UTC before rebounding upward. SHIB rose in price before facing selling pressure, which pushed its value to the resistance point of $0.00001195. The price examined this resistance level various times during the analysis before it ultimately surpassed it. Based on SHIB price analysis, the market reached its highest point at $0.00001245 through a price rise that started near 22:00 UTC. The resistance maintained its position until 03:00 UTC when the market reversed direction and dropped beneath $0.00001200, which validated the momentum change.

SHIB Price Today: Bullish and Bearish Trend Reversals

The price exceeded $0.00001195 resistance during 18:00 UTC to generate a bullish breakout, which reflected robust buyer activities. The upward trend strengthened because a MACD Golden Cross emerged at the same time as this price breakout occurred. The price stalled at $0.00001245 before sustaining a decline, which caused the market to fall below $0.00001200 UTC during 03:00. The price movement validated the bearish trend, subsequently worsening the market conditions. Market resistance developed at the level where price reached $0.00001200 preventing the price from rebounding. The falling price received confirmation from a MACD Death Cross which showed rising bearish market pressure.

SHIB Price Analysis – MACD and RSI Signals

Trading signals became prominent through the MACD indicator throughout the entire day. The bullish momentum became evident through the Golden Cross which appeared at 14:30 UTC before the price started to break out. A Death Cross at 20:30 UTC created an indicator of potential market decline precisely when prices fell under $0.00001200.

The relative Strength Index proved crucial in determining the market conditions throughout the analysis period. The indicator reached its oversold limit twice during UTC time 06:00 and then UTC time 04:00, which served as possible points for price changes. The RSI hit its overbought zone at 22:00 UTC, right before the price reached $0.00001245. The market data displayed extended beyond its typical values therefore showing that a price correction became probable.

Trading Strategy Considerations: SHIB Price Prediction

As per the SHIB price trend followed today, investors with a long position should have aimed to enter the market after the breakout reached $0.00001195 while the MACD Golden Cross combined with RSI recovery from oversold indicators. However, SHIB price prediction for short-term trading suggests that investors could consider entering a short position on SHIB after the price hit $0.00001245 resistance because the RSI moved into an overbought area while the MACD Death Cross signaled declines. The bearish outlook intensified when the price dropped below $0.00001200.

SHIB’s Price Movement Hinges on Technical Analysis

The 5-minute chart of SHIB/USDT presented a complete bullish move before reversing to bearish action because support and resistance levels, along with technical indicators, remain essential for trading. Both buy and sell indicator signals emerged from the MACD Golden Cross and Death Cross, while the RSI offered verification of when prices were overbought or oversold. The right market entry and exit approaches would allow traders to benefit from these price breakdowns and breakouts alongside the price consolidation patterns. New strategies for SHIB price direction will require continued use of essential monitoring tools for key indicators.