SHIB Nears Critical Breakout: Descending Triangle Signals Imminent Volatility Surge
Shiba Inu ($SHIB) is currently at a crucial technical crossroads, with a descending triangle pattern hinting at an impending surge in volatility. Market analyst Ali Martinez highlights that the meme coin has been trading between a downward-sloping resistance line and a solid support level at $0.00001413 on Coinbase’s 4-hour chart. This convergence of trendlines suggests mounting pressure, often a precursor to significant price movements. As of now, SHIB is priced at $0.00001324 USDT, teetering on the edge of a potential breakout. Traders and investors are closely monitoring this development, as the outcome could dictate SHIB’s short-term trajectory in the crypto market.
Shiba Inu Price Nears Critical Breakout Amid Descending Triangle Formation
Shiba Inu ($SHIB) is poised at a pivotal technical juncture, with a descending triangle pattern suggesting an imminent volatility surge. Market analyst Ali Martinez notes the meme coin has been compressed between a downward-sloping resistance line and a steadfast support at $0.00001413 on Coinbase’s 4-hour chart.
The converging trendlines indicate building pressure, typically preceding explosive price movements. A breakout could propel SHIB by 17%, while a breakdown may trigger cascading sell orders. Such technical formations often attract speculative capital, particularly in altcoins with strong retail interest.
Martinez’s chart analysis highlights the significance of the $0.00001413 level, where buyers have repeatedly defended against downward moves. The 17% projected gain WOULD place SHIB near $0.00001653, potentially reigniting momentum for the Ethereum-based token.
SHIB Price Prediction: 37% Gains Expected in June 2025
Shiba Inu’s price is projected to surge 37% by June 2025, with current trading levels at $0.00001445 targeting $0.00001981. Whale activity has intensified, evidenced by a 61.45% spike in large transaction volumes to $34.28 million, signaling renewed institutional interest.
After a five-day decline that saw large transactions drop 74%, the rebound suggests major holders are re-entering the market. Technical indicators align with bullish June targets, reinforcing confidence in SHIB’s upward trajectory.
Shiba Inu Faces Potential Collapse as 2 Trillion Tokens Flood Exchanges
Shiba Inu’s market outlook darkens as over 2 trillion SHIB tokens flood exchanges in May, coinciding with a bear flag pattern that threatens to erase its 2024 gains. The meme coin has underperformed most altcoins since mid-April, shedding 20% of its value while traders abandon HODL strategies for short-term speculation.
Exchange supply metrics from Santiment reveal a concerning trend: SHIB reserves climbed from 139 trillion to 141 trillion tokens last month, signaling growing sell-side pressure. This liquidity surge compounds technical risks, with the SHIB/USDT weekly chart testing critical support at the lower boundary of its bearish flag formation.
A breakdown below $0.0000058—the 1.618 Fibonacci extension level—could trigger a 60% collapse. Momentum indicators hover in neutral territory, offering neither confirmation nor reprieve for bulls. The once-viral asset now battles existential threats as traders reposition for volatility.
SHIB Price Prediction: Shiba Inu to Hit $0.000025 as ShibDAO Launch Sparks Surge
Shiba Inu’s price trajectory is drawing attention as technical indicators suggest a potential rally to $0.000025. The cryptocurrency currently trades at $0.00001446, with momentum building following the launch of ShibDAO—a governance framework empowering the SHIB community through decentralized decision-making.
The newly operational Bone DAO and other specialized governance bodies within ShibDAO enable stakeholders to direct ecosystem development using SHIB, BONE, LEASH, and TREAT tokens. This structural evolution marks a significant transition from meme coin to Web3 governance pioneer.
Market observers note the initiative’s timing coincides with renewed retail interest in altcoins, though volatility persists amid broader regulatory uncertainties. The SHIBARMY’s transition from passive holders to active participants could establish new precedents for community-led blockchain projects.
