SHIB Price Analysis of March 5, 2025: Bullish Momentum Pushes Shiba Inu Above $0.00001330, Is a Bull Market Ahead?

Are you interested in investing in SHIB and looking for the SHIB price analysis to minimize losses? On March 5th, 2025, the current Shiba Inu price demonstrated complex support-and-resistance dynamics, which technical market indicators used to measure investor attitudes. SHIB engaged in an upward trend from its starting price of $0.00001280 until it reached $0.00001360 within the observation period. The price made contact at $0.00001280 before quickly surmounting $0.00001320 as its resistance level.

Analyzed by baishnabtriparna, published on TradingView, March 5, 2025

Technical Indicators: Analysis of Shiba Inu Price Today

The SHIB price analysis suggests that the direction of RSI shows how strong possible buying or selling activities are at different times. While SHIB traded at $0.00001280 during what proved to be its daily low at approximately 15:00 UTC, the RSI indicator moved into an oversold position under 30 value points. A change in market trend became possible after purchasing activity occurred to stop the coin price from continuing its downward movement. At 21:00 UTC, the RSI rose above 70 to reach the overbought territory as SHIB neared $0.00001340 before a price correction occurred.

The MACD indicator provides important market momentum information by highlighting both death crosses and golden cross events between the lines. At 15:30 UTC, a golden cross appeared when the MACD line rose above the signal line, which signaled the start of a powerful upward price movement. The price action increased from $0.00001280 to $0.00001320, which proved a bullish strength in the market. 

Breakouts and Key Price Levels

SHIB registered a rapid price rise at 15:00 UTC before experiencing a decreased value to $0.00001280, which became today’s lowest recorded price for SHIB. Strong buying activity emerged because of the RSI hitting an oversold level as the price decreased. A recovery phase started at 15:30 UTC, which elevated SHIB prices past $0.00001310 until reaching $0.00001320 because of the MACD golden cross, indicating bullish momentum. Operations at SHIB reached their daily maximum value of $0.00001340 during UTC time 21:00. At the time when the RSI reached overbought levels the market took a short-lived price drop.

The most crucial support point that the SHIB price trend encounters is $0.00001280 and this threshold has experienced multiple tests. When SHIB’s price moved toward $0.00001280, robust buying behavior entered the market therefore stopping price drops. Buyers use this important price area to establish positions in large numbers. The price of $0.00001340 continues to function as a strong barrier that defeats upward movements against the resistance level. Since buyers and sellers consistently dispute this mark the market shows difficulty in surpassing this level.

Will the SHIB Price Trend Breakout Bullish?

The  Shiba Inu price today stands at $0.00001334, yet it remains below the anticipated resistance point of $0.00001340. Current technical indicators show both the RSI reaching overbought territory as well as a MACD golden cross that signals ongoing bull trends. Short-term market activity may lead SHIB towards 0.00001300 – 0.00001290 USDT if it cannot surpass resistance at $0.00001340. The price will continue rising after crossing above $0.00001340 and could reach designated levels at 0.00001350 – 0.00001360 USDT in the coming days.