SHIB Defies Market Odds: Bulls Target Relief Rally After Holding Critical Support

Shiba Inu (SHIB) has demonstrated remarkable resilience by defending its crucial support level at $0.0000089, a price floor historically tested during major market downturns in 2022 and early 2024. As of November 2025, this stability has reignited bullish sentiment, with trading volume surging 11.5% amid a broader crypto market recovery of 2%. Technical indicators show SHIB posting a 0.52% daily gain, suggesting potential for a sustained upward trajectory. The token's ability to hold this strategic level has triggered fresh accumulation, positioning SHIB for what analysts believe could be a significant relief rally. Market participants are closely watching whether this consolidation phase will indeed mark the beginning of SHIB's next bullish phase in the evolving cryptocurrency landscape.

SHIB Price Defends $0.0000089 Floor, Bulls Eye Relief Rally After Drop

Shiba Inu's price action has turned from fear to hope as it defends a critical support level at $0.0000089, a floor tested during major market crashes in early 2024 and 2022. The token's resilience at this level has sparked fresh accumulation, with trading volume surging 11.5% alongside a modest 2% recovery in the broader crypto market cap.

Technical analysis reveals SHIB's daily gain of 0.52%, now valued at $0.000008961, with the 4-hour chart showing consistent respect for the $0.0000089 support. Historical retests of this level have triggered rallies as high as 300% in previous cycles. The daily RSI reading of 38.28 indicates short-term oversold conditions, adding fuel to the bullish case.

Market participants now debate whether this support will hold firm or if further downside awaits. The volume uptick at this key level suggests accumulating interest, but bulls remain cautious as broader market sentiment continues to weigh on momentum.

Shiba Inu Price Forecast: Governance Updates and Market Potential Through 2030

Shiba Inu (SHIB), currently trading at $0.00000901, is poised for potential growth with ambitious price targets of $0.00006392 by 2025 and $0.000321 by 2030. The memecoin's trajectory hinges on its evolving DeFi strategy, including a forthcoming stablecoin partnership and a revamped governance model.

Lead Developer Shytoshi Kusama unveiled a community-driven 'SHIB State presidential election' system, aiming to decentralize decision-making. However, investor confidence faces headwinds following the Shibarium bridge exploit, which drained millions from the ecosystem.

The project's technical roadmap suggests a focus on utility expansion beyond its meme origins, with price predictions reflecting both bullish speculative interest and measured skepticism about sustained adoption.

Gemini Enters Prediction Markets as DeepSnitch AI Gains Traction

Gemini, the cryptocurrency exchange, is making strategic moves to enter the prediction markets space, following in the footsteps of industry giants like Coinbase and MetaMask. The platform has filed with the CFTC to operate a derivatives venue, enabling it to offer event contracts tied to real-world outcomes such as elections or economic announcements. This expansion comes after Gemini's recent IPO, which valued the company at $4.4 billion.

Meanwhile, DeepSnitch AI is capitalizing on the growing demand for AI-driven trading tools. Its presale has raised over $495,000, with the token price now at $0.02157—a 42% increase for early investors. The project aims to equip traders with advanced analytics to navigate volatile markets.

Shiba Inu’s Price Soars Despite Looming Investor Concerns

Shiba Inu (SHIB) surged 8.71% to $0.00001009 in the past 24 hours, capturing market attention. Yet beneath the rally lies fragility—CryptoQuant data reveals a 146 billion token net inflow into exchanges, signaling mounting sell pressure. Whales appear to be capitalizing on the bounce, with exchange outflows hitting 435 billion tokens.

This divergence between price action and on-chain activity mirrors patterns seen in other meme coins. Historical precedents suggest such inflows often precede corrections. The rally lacks conviction; investors are parking gains rather than building positions.