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SHIB Price Prediction: Assessing Technical Resilience Amidst Negative News Flow

SHIB Price Prediction: Assessing Technical Resilience Amidst Negative News Flow

Author:
SHIB News
Published:
2025-12-03 07:32:46
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[TRADE_PLUGIN]SHIBUSDT,SHIBUSDT[/TRADE_PLUGIN]

#SHIB

  • Technical Resilience vs. Negative News: SHIB's price shows short-term strength by trading above its key moving average, but this occurs against a backdrop of highly negative news regarding security and competition, creating a conflicting signal for investors.
  • Unconfirmed Momentum: Key momentum indicators like the MACD have not yet provided a strong, confirmed bullish signal, suggesting the current price action lacks decisive buying pressure and remains vulnerable.
  • High Headline Risk: The ongoing fallout from the Shibarium hack and market share loss to competitors presents a significant fundamental overhang that could cap price appreciation and trigger volatility regardless of technical patterns.

SHIB Price Prediction

Technical Analysis: SHIB/USDT Trading Pair

According to the latest technical data for SHIB/USDT, the current price of 0.00000872 USDT is trading above its 20-day moving average of 0.00000849, suggesting a potential near-term bullish bias. The MACD indicator shows a positive histogram value of 0.00000033, though the signal line at 0.00000049 remains above it, indicating mixed momentum. The price is positioned within the upper half of the Bollinger Bands, with the middle band acting as support. "The positioning above the moving average and within the upper Bollinger range points to underlying strength, but traders should watch for a confirmed MACD crossover for a clearer bullish signal," says BTCC financial analyst Sophia.

SHIBUSDT

Market Sentiment: Headwinds from Security Concerns

Recent news flow presents a challenging backdrop for Shiba Inu's market sentiment. Headlines regarding the tracing of funds from the Shibarium hack and criticism over the handling of the $4 million incident introduce significant negative overtones. Furthermore, reports of traders eyeing competing altcoins suggest potential capital rotation away from SHIB. "While the technical picture shows some resilience, the negative news cycle surrounding security and competitive pressure cannot be ignored. It creates a headwind that may cap bullish enthusiasm in the NEAR term," notes BTCC financial analyst Sophia. This sentiment aligns with the cautious technical outlook, where momentum indicators have yet to confirm a decisive upward move.

Factors Influencing SHIB’s Price

Shibarium Hack Funds Traced Through On-Chain Sleuthing

Nearly three months after the Shibarium bridge exploit, blockchain investigator Shima has mapped the laundering path of stolen funds. The breakthrough came when the attacker disregarded a bounty offer from K9 Finance that could have mitigated the situation earlier.

Through persistent transaction analysis, Shima uncovered a critical LINK connection that exposed the full movement of pilfered assets. The revelation highlights both the vulnerabilities in cross-chain bridges and the growing sophistication of crypto forensic techniques.

Shiba Inu Faces Market Pressure as Traders Eye Competing Altcoins

Shiba Inu's price trajectory is under scrutiny as the token struggles amid broader market tightening. Trading at $0.00000788 after a 6.83% drop, SHIB's $4.68 billion market cap reflects waning momentum. Analysts warn that failure to hold key support could push prices toward $0.000008025, while a rebound above $0.000009128 might signal relief.

The altcoin landscape grows increasingly competitive, with projects like Remittix gaining traction through innovative payment solutions. Market volatility continues driving capital rotation between DeFi assets, memecoins, and utility-focused newcomers—forcing investors to reassess portfolio strategies ahead of 2026.

Shiba Inu Faces Criticism Over Handling of $4M Shibarium Hack

Shiba Inu, the meme-inspired cryptocurrency project, is under fire for its response to a $4 million hack on its Shibarium bridge. Critics argue the team's failure to promptly involve law enforcement undermines trust in the project's commitment to security and transparency.

The team attempted to negotiate with the hacker, offering an amnesty payment for the return of stolen funds—a tactic common in DeFi breaches. However, this approach has drawn scrutiny for sidestepping legal channels. The incident has exposed vulnerabilities in Shibarium's infrastructure and shaken investor confidence.

Industry observers note the episode raises broader questions about accountability in decentralized projects. While quick recovery of assets remains a priority, the lack of formal reporting procedures may create regulatory risks. The crypto community awaits Shiba Inu's next steps to address both the technical flaws and governance concerns.

Is SHIB a good investment?

Based on the provided technical and fundamental data, SHIB presents a mixed and high-risk investment profile at this moment, suitable only for investors with a high risk tolerance.

Technical Perspective: The chart shows short-term strength with the price above its 20-day MA. However, the MACD has not yet generated a strong bullish crossover signal, suggesting the uptrend lacks confirmed momentum.

Fundamental & Sentiment Perspective: This is the primary area of concern. The negative news regarding the Shibarium hack and competitive pressures creates a significant overhang on investor confidence.

Key Data Summary:

MetricValueImplication
Current Price0.00000872 USDTBenchmark
20-Day MA0.00000849 USDTBullish (Price > MA)
MACD Histogram0.00000033Weak Positive Momentum
Bollinger Band PositionBetween Middle & Upper BandNeutral to Bullish
Primary News ThemeSecurity Hack & CompetitionStrongly Negative

"The dichotomy is clear," says BTCC financial analyst Sophia. "The price is technically holding up, which is commendable given the news flow. However, investing requires both a favorable chart and a stable or improving fundamental narrative. Currently, the narrative is under severe pressure. Until there is a resolution to the security concerns and evidence of sustained developer commitment, SHIB remains a speculative trade rather than a long-term investment."

In conclusion, while not without short-term trading potential, SHIB carries substantial headline risk that makes it a poor candidate for a 'good investment' from a traditional risk-adjusted return perspective. Cautious observation is advised.

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