Shiba Inu Price Forecast: Will SHIB Endure the Pressure of Inflation?

Impact of Rising Inflation on Crypto: U.S. inflation is projected to reach 3.1% year-over-year in November, leading to cautious market sentiment and reduced appetite for speculative assets like Shiba Inu (SHIB), as investors prefer safer options amid uncertainty regarding Federal Reserve rate cuts.

Current SHIB Price Trends: SHIB is trading around $0.00000749, showing bearish pressure with potential support levels at $0.0000072 and $0.0000065. The price has struggled to recover, indicating a downtrend that remains intact until it breaks above the 20-day moving average.

Macroeconomic Factors Influencing Market Sentiment: The ongoing inflation and high borrowing costs are hindering the attraction of new capital to risk assets like SHIB, while the absence of a recent CPI report adds to market uncertainty.

Future Outlook for SHIB: Economists predict inflation may ease to around 2% by mid-2026, which could restore risk appetite for altcoins like SHIB by late 2025. In the short term, traders should monitor the $0.0000074 support level for potential minor bounces, but a significant breakout above $0.0000090 is necessary for a trend reversal.