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SHIB Price Prediction: Technical Bearishness Meets Cautious Optimism

SHIB Price Prediction: Technical Bearishness Meets Cautious Optimism

Author:
SHIB News
Published:
2025-09-24 10:31:32
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[TRADE_PLUGIN]SHIBUSDT,SHIBUSDT[/TRADE_PLUGIN]

#SHIB

  • Technical indicators show bearish short-term momentum with price below key moving averages
  • Security developments and audit plans provide fundamental support despite recent incidents
  • Market sentiment remains speculative with ongoing discussion about long-term price potential

SHIB Price Prediction

SHIB Technical Analysis: Bearish Signals Dominate Short-Term Outlook

According to BTCC financial analyst James, SHIB currently trades at $0.00001219, below its 20-day moving average of $0.00001296, indicating near-term bearish pressure. The MACD histogram shows negative momentum with values of -0.00000020 for the MACD line and -0.00000040 for the signal line, though the positive histogram of 0.00000019 suggests some potential for near-term stabilization. Bollinger Bands position the price closer to the lower band at $0.00001178, with the upper band at $0.00001413, indicating reduced volatility and potential consolidation phase.

Shiba Inu Price

SHIB Market Sentiment: Security Concerns Offset by Development Activity

BTCC financial analyst James notes that recent Shibarium bridge security incidents have created short-term negative sentiment, but the structured 4-phase audit plan demonstrates the development team's commitment to security improvements. The ongoing discussion about SHIB's potential to reach $1 generates speculative interest, though fundamental math remains challenging. The technical outlook suggests these news developments may have limited immediate price impact given the current consolidation pattern.

Factors Influencing SHIB's Price

Can Shiba Inu (SHIB) Ever Reach $1? The Math Might Shock You

Cryptocurrency has captivated investors seeking alternatives to traditional stocks and bonds. Among the myriad tokens, shiba inu (SHIB) stands out as a high-risk, high-reward play. Trading at less than a penny, SHIB’s potential climb to $1 sparks dreams of life-changing returns—but the reality hinges on market dynamics and utility.

Originally a meme coin inspired by Dogecoin, SHIB has evolved into a decentralized finance (DeFi) asset with its own ecosystem, including ShibaSwap. Despite its ambitions, the token’s path to $1 remains fraught with speculative hurdles.

Shibarium Bridge Security: Dev Outlines 4-Phase Audit Plan Before Reopening

Shiba Inu developer Kaal Dhairya has committed to a rigorous four-phase security overhaul before reactivating Shibarium's cross-chain bridge. The platform remains offline pending independent audits, with containment and hardening measures currently underway.

Phase A involves 24/7 surveillance of attacker flows and collaboration with exchanges and law enforcement. Phase B focuses on technical upgrades including validator hygiene improvements and circuit-breaker implementations through security firm Hexens.

The final phases—SAFE Restoration and Postmortem—will only commence after successful completion of current hardening tasks. This structured approach reflects growing industry emphasis on security following recent bridge exploits across decentralized ecosystems.

Shiba Inu Developer Issues Security Update Following Shibarium Bridge Exploit

Shiba Inu Core developer Kaal Dhairya has released a detailed security update addressing the September 12 incident involving the Shibarium Proof-of-Stake (PoS) bridge. An attacker exploited validator signing power to push a malicious state/exit, withdrawing multiple assets. The update, published on September 21, 2025, outlines the incident, current mitigation efforts, and plans for a phased restoration pending independent reviews.

Dhairya emphasized his role as a contributor rather than a leader, stating, "I’m just a builder who bet on SHIB’s ethos." He expressed concerns about the sophistication of the attack, noting he cannot currently vouch for the safety of existing keys. The breach occurred at 18:44 UTC on September 12, when unauthorized validator signing power was used to manipulate the PoS bridge.

Is SHIB a good investment?

Based on current technical and fundamental analysis, SHIB presents a high-risk investment opportunity. The technical indicators show bearish short-term signals with price trading below key moving averages and negative MACD momentum. However, the development team's proactive approach to security issues and ongoing ecosystem development provide some fundamental support.

MetricCurrent ValueSignal
Price vs 20-day MA-5.9% belowBearish
MACD Histogram0.00000019Neutral
Bollinger PositionNear lower bandOversold potential

Investors should consider their risk tolerance and view SHIB as a speculative position rather than a core holding.

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