Shiba Inu Price Crash Looming Amid Bearish Patterns and Falling Demand
ByAinvest
Saturday, Aug 16, 2025 11:03 am ET1min read
SHIB--
The Shiba Inu (SHIB) price is at risk of a crash despite a 1,550% increase in its burn rate. The token is trading at $0.000013, down 18% from its July high and 27% below its year-to-date high. A bearish head-and-shoulders pattern on the daily chart indicates a potential strong bearish breakout, with a target of $0.00001027. A move above $0.000015 would invalidate the bearish forecast.
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