Shiba Inu price prediction: Further downside likely as SHIB struggles below key resistance

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Shiba inu slides 0.69% to $0.0000072

Highlights

BONE continues to power the Shibarium network, underscoring its ongoing critical role within the Shiba Inu ecosystem.
Technical preparations are ongoing for the relaunch and migration of the LEASH token, pointing to imminent updates within the project's token lineup.
The Shiba Inu ecosystem remains active, maintaining operational momentum as it introduces technological developments tied to BONE and LEASH.

Ecosystem activity persists as token updates drive technical focus

The Shiba Inu ecosystem remains active, with BONE continuing to power the Shibarium network and technical preparations ongoing for the LEASH token's relaunch and migration.

Bearish momentum prevails as resistance limits upside moves

The technical setup for SHIB remains negative, with price action capped below the Ichimoku Kijun resistance at $0.00000824 and a lack of Ichimoku support below current levels, highlighting a strong overhead barrier. Momentum indicators such as the MACD and ADX both point to a bearish trend and weak directional strength. Oscillators signal oversold conditions, with a daily RSI near 35, a neutral Stoch RSI, and CCI at –93; Bull/Bear Power (BBP) reinforces seller dominance, and the Awesome Oscillator supports a bearish view. Intraday volatility is low, and the daily trading tone remains under modest downside pressure.

Sideways consolidation likely as upside probability remains subdued

In the coming five trading days, SHIB is expected to trade within a volatility band relative to current levels from $0.00000715 to $0.00000744. The probability of a move to the upside remains below 20%, making further downside more likely. The base case is for SHIB to consolidate sideways with weak momentum, while a break above $0.00000824 could spark a bullish move. Should $0.00000715 break, additional downside could accelerate as trend-following signals remain negative.

Viktoras Karapetjanc, expert at Traders Union, sees Shiba Inu in a holding pattern despite strong activity in the ecosystem. He believes the persistent bearish trend and low volatility indicate consolidation in the coming days. The news around BONE and LEASH shows underlying community interest, but price structure must improve for real momentum. Karapetjanc is fundamentally optimistic longer term, yet highlights the need for a bullish trigger to shift sentiment. "A breakout above $0.00000824 could set the stage for renewed upside, so I am watching that level closely for a sentiment shift."

Last time, analysts noted that Shiba Inu (SHIB) is trading below key moving averages with persistent bearish momentum, as technical indicators such as MACD, ADX, and low RSI levels reinforce a negative outlook despite mild intraday gains. Limited rebound potential is expected, with resistance at the Ichimoku Kijun level and minor support just below current levels, suggesting the price will likely fluctuate within a narrow range unless a decisive breakout occurs.

Source of Data: SHIB Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.