Shiba Inu Rebounds: Are We Emerging From the Crypto Bear Market?

by Crypto Hobby

Updated July 28, 2025

Shiba Inu (SHIB) is showing promising signs of recovery, potentially signaling the end of the prolonged bear market for the popular meme coin.

Alongside XRP and Ethereum, SHIB's recent price action suggests a broader market shift, with key technical indicators pointing towards a bullish reversal.

Shiba Inu's Resilience Amidst Market Downturn

Shiba Inu has managed to find support just above its 100-day Exponential Moving Average (EMA) after a dip below $0.0000145.

The cryptocurrency has since bounced back above the 50-day EMA, maintaining a stable trading range between $0.0000134 and $0.0000141. This recovery indicates that investors still see value in SHIB at current price levels.

Key Takeaways:

Shiba Inu shows signs of recovery, bouncing back above key moving averages.
XRP displays bullish reversal signals, stabilizing above critical support levels.
Ethereum maintains strength, potentially poised for a breakout above $4,000.

Technical Indicators Point to a Bullish Outlook

The Relative Strength Index (RSI) for SHIB is currently at 53.63, suggesting ample room for upward movement without triggering overbought conditions.

Trading volume has also seen a slight increase. Analysts note that this bounce occurred directly after a retracement from multi-month highs and above significant support levels, aligning with traditional bullish continuation patterns.

A retest of local highs around $0.0000160 is possible if SHIB can reclaim the $0.0000145 level.

XRP and Ethereum's Supportive Momentum

Complementing Shiba Inu's recovery:

XRP has stabilized above crucial moving averages, including the 50-day and 100-day EMAs.
Its RSI reading of around 61 indicates potential for further growth.
If XRP breaks above $3.30 with increased volume, it could confirm a full continuation pattern.

Meanwhile, Ethereum is showing independent strength, consolidating near the $3,800 mark and appearing ready to challenge the $4,000 psychological barrier. Ethereum's upward-trending moving averages and strong RSI further bolster the sentiment that the broader crypto bear market may be concluding.

Market Sentiment and Future Predictions

While technical indicators for Shiba Inu present mixed short-term signals, with the 50-day moving average trending downwards on the four-hour chart, longer-term predictions remain optimistic.

Changelly's forecast for August 2025 suggests an average trading price of around $0.0000143. The overall market sentiment is mixed, with the Fear & Greed Index at 67 (Greed), indicating that while optimism is present, traders are still exercising some caution.

The confluence of positive movements in SHIB, XRP, and Ethereum suggests a potential end to the current crypto bear cycle.