SHIB Price Prediction: Whale Accumulation and Technical Indicators Suggest Potential Recovery

#SHIB

• Whale accumulation of 10.4 trillion SHIB tokens suggests institutional interest at current price levels
• Technical indicators show short-term bearishness but approach key support levels
• 'Inside week' candle pattern historically precedes market reversals in SHIB

SHIB Price Prediction

SHIB Technical Analysis: June 2025 Outlook

According to BTCC financial analyst Sophia, SHIB is currently trading at 0.00001144 USDT, slightly below its 20-day moving average of 0.00001166. The MACD indicator shows a bearish crossover with the signal line above the MACD line (-0.00000016 histogram). Bollinger Bands suggest the price is in the lower half of its recent range, with potential support at 0.00001069.

"The technical picture shows short-term weakness," Sophia notes, "but the whale accumulation we're seeing could provide underlying support. A close above the 20-day MA WOULD signal improving momentum."

Whale Activity Signals Potential SHIB Recovery

BTCC analyst Sophia comments on recent SHIB market activity: "The accumulation of 10.4 trillion tokens by whales during this price dip, combined with the 'inside week' candle pattern, historically precedes recoveries. This aligns with our technical view that we may be seeing accumulation before an upward move."

Sophia adds, "While the technicals show short-term bearishness, the whale activity and market recovery signs in the broader crypto space suggest this could be a buying opportunity for patient investors."

Factors Influencing SHIB's Price

Shiba Inu Whales Accumulate 10.4 Trillion Tokens Amid Price Decline

Shiba Inu (SHIB) shows signs of stabilization after a 27% decline since mid-May, with whales accumulating 10.4 trillion tokens worth $110 million during the downturn. The meme coin hit a 16-month low of $0.00001005 before rebounding 11% over seven trading days.

Technical patterns suggest a potential pause in the downtrend. SHIB formed an 'inside week' candle, typically indicating seller exhaustion after prolonged declines. The breakout on June 29 with 5.8x average volume hints at growing momentum.

Current price action near $0.00001167 faces key resistance at $0.00001733. A decisive breakout could target $0.000025, though the RSI at 43.17 reflects lingering bearish pressure. Market participants are watching whether whale accumulation marks a bottom or temporary respite.

Shiba Inu Attracts Whale Activity Amid Market Recovery Signs

Shiba Inu (SHIB) is staging a tentative comeback after a 27% slump, with large investors seizing the dip to accumulate 10.4 trillion tokens worth $110 million. The move triggered an 11% weekly surge, with technical indicators hinting at a potential trend reversal.

Whale activity spiked volatility, propelling SHIB's 24-hour trading range between $0.00001147 and $0.00001198. A concentrated buying spree between 9:00 PM and 10:00 PM UTC on June 29 accounted for the most dramatic price action.

Shiba Inu Whale Accumulation and 'Inside Week' Candle Signal Potential SHIB Recovery

Shiba Inu (SHIB) shows early signs of a potential price rebound as whale activity and technical patterns hint at bullish momentum. The meme coin, which plummeted 27% to $0.00001160 since mid-May, attracted significant accumulation from large investors. Whales scooped up 10.4 trillion SHIB tokens worth $110 million during the downturn, according to CoinDesk's AI insights.

A technical reversal signal emerged as SHIB formed an "inside week" candlestick pattern after bouncing 11% in the week ending June 29. This chart formation, occurring when a weekly price range is entirely contained within the prior week's range, suggests seller exhaustion following the prolonged downtrend. The pattern often precedes trend reversals in crypto markets.

Notable price action occurred between 21:00-22:00 UTC on June 29, when SHIB broke out of consolidation on 5.8x average volume. The token fluctuated between $0.00001147 and $0.00001198 during the 24-hour period, with the highest volume spike corresponding to the breakout attempt.

Is SHIB a good investment?

Based on current technical indicators and market sentiment, SHIB presents a mixed but potentially opportunistic picture:

Sophia concludes: "For risk-tolerant investors, current levels may offer an entry point with proper position sizing. The whale activity is particularly notable, but traders should watch for a break above the 20-day MA to confirm momentum shifting positive."

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