SHIB news live: price advances to upper daily range — whale accumulation yet to drive rally

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Shiba Inu rises 7.33% today

Highlights

Shiba Inu (SHIB) trades just above the MA-20 ($0.00000991) and Kijun ($0.00000984) but remains well below the MA-50 ($0.00001097) and MA-200 ($0.00001259), indicating short-term bullish momentum and longer-term resistance.
Despite ongoing Shibarium token burns and speculation regarding SHIB ETF listings, the asset fails to attract significant new liquidity or retail investor inflows as market interest pivots to newer presale tokens.
With SHIB likely to remain within the $0.00000688–$0.00000999 range and a less than 20% chance of upside, momentum indicators suggest further downside risk unless a breakout above MA-50 occurs.

Token burns support SHIB as retail interest and inflows lag

Developers continue to implement token-burning initiatives within the Shibarium ecosystem, aimed at enhancing the value of SHIB. Despite ongoing activity from the project team, the asset faces challenges in attracting new retail investors and liquidity, with overall market interest shifting toward newer presale tokens. Speculation around potential SHIB ETF listings and increasing whale activity has not yet translated into major inflows or a substantial recovery.

Conflicting momentum signals as intraday buying meets broader resistance

Momentum signals are mixed — MACD and ADX on the daily suggest sellers retain an advantage, while the Stoch RSI is deeply overbought and the RSI holds near neutral. Bull Bear Power shows buyers are pressing intraday; however, the Awesome Oscillator continues to confirm underlying bearishness. SHIB is trading near the upper end of today's range with moderate volatility, yet conflicting signals from oscillators and the broader momentum indicators highlight a clear divergence and an advance not fully confirmed by trend.

Further downside risk as muted upside probability dominates weekly outlook

For the coming week, SHIB is likely to remain sideways within the $0.00000688 – $0.00000999 range as both daily and weekly trend indicators remain cautious. The probability of a price increase is low (less than 20%), making further downside more likely. A bullish scenario would involve a breakout above the MA-50 resistance at $0.00001097, while a bearish case would be signaled by a break under the Kijun level and a move toward $0.00000688 support.

Viktoras Karapetjanc, expert at Traders Union, sees modest upside potential for SHIB as token-burning continues and short-term technicals improve. He believes that despite ongoing developer activity, retail sentiment is subdued and market attention is shifting elsewhere, limiting near-term gains. Momentum is mixed and SHIB faces clear resistance from both medium- and long-term trends. The analyst maintains a constructive but cautious outlook, with breakthroughs above $0.00001097 needed for a real bullish turn. "SHIB is showing early signs of strength, but traders should wait for a decisive move above key resistance before getting aggressive," says Karapetjanc.

Last time we reported that institutional attention for SHIB increased amid a period of large-scale liquidation and heightened token burns. Previously it was noted that sustained bearish bias confirms ongoing weakness based on key technical indicators.

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.