ETF application fuels Shiba Inu 5.72% rally — price prediction eyes key breakout

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Shiba Inu Coin rises 5.72% today

Highlights

T Rowe Price filed for the first US active crypto ETF including spot SHIB, marking a milestone for Shiba Inu ETF applications.
New regulatory developments for meme-coin ETFs, including the Dogecoin ETF under the '33 Act, have shifted institutional focus to SHIB.
SHIB ecosystem activity rose with increased engagement, liquidity rotation, and new entrants like Maxi Doge reflecting shifting institutional interest.

ETF filing and liquidity shifts elevate SHIB amid meme-coin regulatory changes

T Rowe Price has filed for an active crypto ETF in the US that includes spot SHIB, representing the first such Shiba Inu ETF application in the country. Regulatory changes around meme-coin ETFs have brought SHIB into focus, especially following the launch of a Dogecoin ETF under the '33 Act. Within the SHIB ecosystem, increased engagement and liquidity rotation are evident alongside new entrants like Maxi Doge and shifting institutional interest.

Mixed momentum and compressed volatility as resistance holds at Kijun level

On the technical front, the nearest resistance is identified as the Kijun level at 0.00000894, with support around 0.00000833. There are no active golden or death cross signals. Daily momentum readings remain mixed: MACD flashes a strong sell, ADX signals a bearish trend above 32, RSI and CCI D1 are mildly bearish, and Stoch RSI points to an overbought condition. BBP indicates buyers dominate intraday, reflecting the steady price move and low volatility after a gap-up open. The Awesome Oscillator maintains a neutral stance as the price tests session highs.

Range-bound trade likely as bearish signals reduce breakout odds

For the near term, SHIB is likely to trade within the 0.00000833–0.00000890 range, with price swings contained to roughly ±7% of current levels. The chance of a breakout to the upside is low, with bearish momentum and moving averages pointing to increased risk of decline. Baseline expectations call for sideways action, while a move above 0.00000894 could open upside, and a breakdown below 0.00000833 may trigger further selling.

Anton Kharitonov, expert at Traders Union, sees persistent bearish pressure on Shiba Inu Coin as price remains below all key moving averages. He notes weak technical momentum and a lack of bullish signals, despite news of the first US spot SHIB ETF application. Baseline expectations stay defensive, with risks tilted to the downside unless resistance at 0.00000894 is reclaimed. "Until SHIB can break above the Kijun and moving averages, I treat this as a compressed range prone to further weakness."

Previously it was noted that technical and momentum signals point to a continuation of the bearish trend, with only limited, potentially brief rebounds unless underlying momentum visibly shifts. Last time we reported that the asset was expected to oscillate in a 0.00000715 to 0.00000813 range over the coming week.

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.