SHIB Price Prediction: When Will the Meme Coin Recover?

#SHIB

SHIB Price Prediction

SHIB Technical Analysis: Bearish Signals Dominate Short-Term Outlook

SHIB is currently trading at 0.00001161 USDT, below its 20-day moving average of 0.00001245, indicating bearish momentum. The MACD shows a negative histogram (-0.00000023), reinforcing the downtrend. Bollinger Bands suggest increased volatility, with price testing the lower band at 0.00001135. 'The technical setup shows clear selling pressure,' says BTCC analyst Michael. 'A sustained break below the lower Bollinger Band could trigger further declines toward 0.00001000.'

Market Sentiment Turns Negative Amid SHIB Liquidations

Shiba Inu faces bearish pressure after $1.8M in long positions were liquidated, despite recent Layer 2 developments. 'The news flow confirms the technical picture,' notes BTCC's Michael. 'Strategic shifts in the crypto market suggest traders are rotating out of meme coins during this risk-off period.' The price plunge following major sell-offs indicates weakening investor confidence in the short term.

Factors Influencing SHIB's Price

Shiba Inu Faces Bearish Pressure as $1.8M in Long Positions Liquidated

Shiba Inu's price tumbled 10% to $0.00001164 this week, marking its lowest level in two months. The decline triggered a wave of liquidations, with over $1.8 million in bullish positions wiped out since June 12—nearly four times the value of short liquidations during the same period.

Futures markets reflect growing skepticism, with the long-short ratio dropping to 0.9298. Open interest fell 2.14% to $145.33 million, signaling dwindling trader participation. Technical analysts note critical support at $0.00001167—a breach could accelerate declines toward $0.00001061.

Despite the bearish momentum, some indicators suggest potential for reversal if SHIB maintains footing above $0.00001100. The meme coin's volatility continues to test investor resolve as market sentiment remains fragile.

Shiba Inu Price Tests Support After Major Sell-Off Despite Layer 2 Breakthrough

Shiba Inu's ecosystem expansion clashes with market turbulence as SHIB faces a 12% weekly decline. The meme token's new privacy-focused Shib Alpha Layer—built on Fully Homomorphic Encryption in partnership with ZAMA—marks a technical leap for confidential smart contracts. Healthcare and finance applications now loom as plausible use cases.

Market dynamics tell a different story. A 211 million SHIB liquidation event triggered a descent to $0.00001171, erasing $6.9 billion in market capitalization. The 4-hour chart shows bulls defending $0.00001152, though resistance persists at the Bollinger Band midpoint of $0.00001194. With RSI at 42.3 and climbing, traders watch for either capitulation or accumulation at these levels.

Shiba Inu’s Price Plunge Triggers Strategic Shifts in Crypto Market

Shiba Inu (SHIB), once a darling of the meme coin frenzy, has tumbled to a two-month low, sparking a wave of liquidations in the futures market. The long-to-short ratio for SHIB contracts now stands at 0.93, reflecting growing investor skepticism. Over $1.8 million in bullish bets were wiped out during the sell-off, dwarfing the sub-$500,000 in short position closures.

Derivatives markets tell a sobering tale. Open interest slid 2.14% to $145 million, while long liquidations hit $244,000—four times higher than short squeezes. This asymmetry reveals traders are bracing for further downside. The technical picture remains bleak, with key support levels failing to hold as market sentiment sours.

Will SHIB Price Hit 1?

Reaching $1 per SHIB would require an 86,000,000% increase from current levels (0.00001161 USDT), making it statistically improbable given market capitalization constraints. For context:

'While SHIB has shown volatility,' Michael explains, 'realistic price appreciation should be measured in basis points, not dollars.'

• Technical indicators show strong bearish momentum (price below MA & negative MACD)
• Market sentiment worsened by liquidations and sell-off news
• $1 price target is mathematically implausible given tokenomics