SHIB today news: price at $0.0000085 with low upside chance

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Shiba Inu slides 2.07% today

Highlights

Shiba Inu’s Shibarium network will adopt Zama’s Fully Homomorphic Encryption technology, introducing encrypted smart contracts and private transactions to bolster on-chain privacy.
A new partnership with TokenPlay AI aims to expand Shibarium's role in the AI-powered gaming sector, increasing SHIB token utility.
These initiatives target developer attraction and broader ecosystem adoption, signaling a strategic push to enhance Shiba Inu's technological and market footprint.

Network upgrades and AI partnerships aim to widen SHIB adoption

Shiba Inu’s development team has announced that the Shibarium network will integrate Zama’s Fully Homomorphic Encryption technology, enabling encrypted smart contracts and private transactions for enhanced privacy. The partnership with TokenPlay AI will also support Shibarium’s expansion in the AI-powered gaming sector, increasing utility for SHIB tokens. Together, these initiatives are designed to attract developers and broaden adoption within the ecosystem.

Bearish signals persist as momentum indicators and supports weaken

SHIB remains under bearish technical pressure, with the price held below all key moving averages (MA-20, MA-50, MA-200) and no immediate Ichimoku support below. The closest resistance lies at the Kijun level ($0.00000894). Momentum indicators remain weak — the MACD shows a strong sell, the ADX signals a waning yet persistent downtrend, daily RSI trends down to 45, and Stochastic RSI is deeply overbought. The Commodity Channel Index (CCI) indicates neutrality, Bull/Bear Power favors moderate buyers despite prevailing weakness, and the Awesome Oscillator stays neutral. Intraday volatility is low with mixed momentum readings across oscillators.

Limited upside outlook as downside break risks dominate short term

For the next five trading days, SHIB is likely to fluctuate within a volatility band of $0.00000833 to $0.00000860. The probability of a near-term price increase stands below 20%, while a downward move is more likely. A sideways scenario remains the baseline, but a clear break above $0.00000894 could prompt upside, while a drop below $0.00000833 would reinforce the prevailing longer-term downtrend.

Viktoras Karapetjanc, expert at Traders Union, sees strong technical pressure on Shiba Inu, but notes clear efforts by the development team to boost adoption through privacy and AI integration. He believes these fundamentals can help shift sentiment in the medium term, even as near-term trading remains sideways to negative. The current tight volatility band suggests limited downside, but a decisive move above $0.00000894 could change the outlook. Macro and ecosystem improvements may start to outweigh short-term weakness. "While bears control the trend for now, I see innovation and new utility as key drivers that could ignite a recovery in the next phase of the cycle."

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

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.