SHIB and DOGE Price Prediction: Can Shiba Inu (SHIB) Reclaim Its Former Glory?

Shiba Inu (SHIB) has long been vying for top status, eager to reclaim its former glory. SHIB's recent performance has been rocky, struggling to reach new historical highs.

The crypto market is still recovering from recent events, with some tokens struggling to maintain their gains. However, there are also tokens that are showing signs of strength and could be poised for further gains.

Two tokens that have been in the news recently are Shiba Inu (SHIB) and Dogecoin (DOGE). Both tokens have a large and active community, which could help to drive interest in the tokens.

Shiba Inu is a layer-1 blockchain that is known for its low transaction fees and high throughput. The token is also used to power a decentralized exchange (DEX) and other Web3 applications.

Dogecoin is a layer-1 blockchain that is known for its fast transaction speeds and low transaction fees. The token is also used to power a variety of decentralized applications (dapps).

Both Shiba Inu and Dogecoin have been gaining popularity in recent months, as investors search for new opportunities in the crypto market. The tokens have also benefited from the broader recovery in the market.

Despite the recent gains, both Shiba Inu and Dogecoin still have a long way to go before they reach their all-time highs. However, the tokens’ strong community support, active development teams, and unique use cases could help them to continue making gains in the years to come.

Here is a closer look at the price predictions for SHIB and DOGE tokens.

Shiba Inu price analysis

Shiba Inu (SHIB) has long been vying for top status, eager to reclaim the former glory it enjoyed in 2021. Though SHIB has been struggling to reach new historical highs, recent performance has shown promise.

Currently, SHIB is stable at $0.1193, having risen 10% in the past 24 hours. Although the price increase is slow, SHIB is expected to break new highs, with the potential to reach the coveted $0.081 in the process.

According to predictions from April 15, 2025, the price of Shiba Inu could surge to a new high of $0.1267. However, if market momentum continues to support the token, SHIB could set a new high of $0.1880.

This surge in price would occur if the price breaks through the triple top resistance at $0.0119 and maintains an upward trajectory.

At present, SHIB is encountering resistance at the triple top, which could hinder its ability to rise further. However, if the bulls succeed in pushing the price above this level, then the next resistance zone lies at $0.1267.

Alternatively, if the bears regain control and break through the support at $0.0106, the next support zone would be around $0.011.

Dogecoin price analysis

Another cryptocurrency to keep an eye on is Dogecoin (DOGE), which has recently been struggling to claim the market throne. Currently, the token is trading at $0.156, having risen 9% in the past 24 hours.

Dogecoin is breaking through an ascending parallel channel, signaling a possible move towards $0.16. According to predictions, by April 15, 2025, the price of Dogecoin is expected to climb to $0.18.

However, if the market momentum shifts in favor of the bears and the cryptocurrency drops below the ascending parallel channel, the next support level is anticipated around $0.11.

Despite the recent gains by both tokens, they still have a long way to go before they reach their all-time highs. However, the tokens’ strong community support, active development teams, and unique use cases could help them to continue making gains in the years to come.