-1.52% for Shiba Inu — technicals turn mixed as volatility stays low

-1.52% for Shiba Inu — technicals turn mixed as volatility stays low
Shiba Inu drops 1.52% to $0.0000084

Shiba Inu (SHIB) is currently trading at $0.0000084, positioned above its 20-day ($0.00000824) and 50-day ($0.00000811) Moving Averages but well below its 200-day ($0.00001087), which suggests short- and medium-term support yet persistent long-term bearish pressure. The closest dynamic support is at the Ichimoku Kijun level of $0.00000849, now acting as immediate resistance given the price is just below this threshold.

SHIB price prediction
24H 0.8%
$0.05504
48H 3%
$0.05515
7D 5.4%
$0.05527
1M -27.2%
$0.05364
3M -27.8%
$0.05361
6M -33.8%
$0.05331
12M -44.6%
$0.05277
Current price: $ 0.055 0.00000001 0.20%
Real-time Data 19:16
Daily range 0.0549 Arrow from to Icon 0.0550
Weekly range 0.05462 Arrow from to Icon 0.05519
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Highlights

  • Major exchanges including Binance and Coinbase received net deposits of 52 billion SHIB tokens, signaling increased profit-taking from large holders and traders.
  • The supply of Shiba Inu tokens available for sale has grown, reflecting a notable shift in market positioning amid active trading flows.
  • Shiba Inu maintains a strong position in the Ethereum meme coin sector, with market capitalization approaching $5.13 billion.

Large exchange inflows signal profit-taking and supply increase

Significant netflows of 52 billion SHIB tokens were deposited onto major exchanges including Binance and Coinbase, indicating increased profit-taking among large holders and traders. This activity has expanded the supply of tokens available for sale and highlights a shift in market positioning. Shiba Inu continues to hold a strong place in the meme coin sector on Ethereum, with a market capitalization nearing $5.13 billion.

Shiba Inu asset chart
Shiba Inu price dynamics. Source: TradingView.

Bullish technicals clash with range-bound price and weak intraday action

Momentum signals are divided: the Daily MACD projects a strong buy while the ADX shows a moderate bullish trend, yet several oscillators offer mixed cues. The RSI hovers in neutral territory with a slight bullish bias, while the Stochastic RSI highlights oversold conditions and the Commodity Channel Index remains neutral. Bull/Bear Power currently indicates buyer dominance on the daily view, but intraday signals are not unified. No gap appeared at the open, with today’s price holding at the lower end of the $0.0000083 – $0.0000085 range after slipping 1.52%, marking low intraday volatility and displaying pressure after the open; this is at odds with some bullish momentum signals.

Downside favored as weekly signals stay bearish and volatility narrows

For the coming week, the expected price range for SHIB is $0.00000756 – $0.00000856, forming a typical volatility band relative to current levels. The probability of a price increase is very low (less than 20%), making further decline more likely given all key weekly indicators — RSI, MACD, and all main Moving Averages — remain aligned to the downside. Baseline scenario: SHIB trades sideways around current levels, finding stability between support and resistance. A push above $0.00000849 could open the way for a test of the $0.00000856 area, while a break below $0.00000824 could see price drift toward $0.00000756 – $0.00000780.

Viktoras Karapetjanc, analyst at Traders Union, notes that Shiba Inu shows a mix of short-term support and long-term bearishness despite its strong standing in the meme coin sector. He sees recent exchange inflows as a sign of profit-taking, revealing shifting sentiment but not outright capitulation. Macro and sentiment signals remain mixed, with most indicators pointing to consolidation or mild downside for now. Karapetjanc believes tactical opportunities exist if SHIB can reclaim the $0.00000849 level. "If Shiba Inu manages to stabilize above immediate resistance, patient buyers could see momentum shift in their favor this quarter."

Previously it was reported that Shiba Inu is trading above its short- and medium-term moving averages, with MACD and ADX indicating emerging bullish momentum, though the asset remains constrained by longer-term resistance levels. Despite rising spot net inflows and supportive momentum indicators, price action is showing intraday weakness near key technical thresholds, suggesting a likely period of range-bound consolidation between support at $0.00000765 and resistance at $0.00000885.

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.
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