SHIB Price Prediction: 30% Surge Potential as Technicals and Sentiment Align

#SHIB

• Technical Breakout: SHIB testing upper Bollinger Band with MACD showing bullish momentum shift
• Holder Dynamics: 16% reduction in loss-making addresses decreases potential selling pressure
• Community Activity: Strong social signals and whale movements creating volatility opportunities

SHIB Price Prediction

SHIB Technical Analysis: Bullish Signals Emerging

According to BTCC financial analyst James, SHIB is currently trading at 0.00001445 USDT, above its 20-day moving average of 0.00001246. The MACD histogram shows decreasing bearish momentum (-0.00000039), while the price sits near the upper Bollinger Band (0.00001450), suggesting potential upside. 'The technical setup indicates growing bullish pressure,' James notes. 'A sustained break above the upper Bollinger Band could trigger a new uptrend.'

SHIB Market Sentiment Turns Positive Amid Network Activity

BTCC's James highlights three key developments supporting SHIB: the price reclaiming $0.000013, a 16% drop in loss-making addresses, and strong social signals. 'The reduction in underwater holders decreases selling pressure,' James explains. 'When combined with the technical breakout and community activity, this creates a favorable environment for price appreciation.' The analyst cautions, however, that the large wallet movement warrants monitoring for potential volatility.

Factors Influencing SHIB's Price

Shiba Inu Reclaims $0.000013 as Loss-Making Addresses Drop 16%

Shiba Inu surged past $0.000013, marking a 5.37% daily gain and a 14.76% weekly increase, now trading at $0.00001368. The rally reduced loss-making addresses by 16.2%, down to 810,130 from 966,780 earlier this month.

Profitable addresses jumped 38.2% to 602,550, holding 173.16 trillion SHIB, while breakeven addresses dipped slightly. Despite the uptick, daily token burns lag, leaving 782.37 trillion SHIB in loss-holding wallets—some permanently out of circulation.

Shiba Inu Price Set for 30% Surge? On-Chain and Social Signals Say Yes

Shiba Inu (SHIB) is reclaiming attention beyond its meme coin status, posting a 6.6% gain despite an 88% plunge in its daily burn rate. The community remains active, eliminating 46 million tokens from circulation over the past week—a slow but steady supply squeeze that could bolster long-term valuation.

Exchange reserves tell a bullish tale, hitting a one-year low at 83.8 trillion SHIB ($1.14 billion). Reduced availability on trading platforms typically dampens sell-side pressure, creating fertile ground for price appreciation if demand accelerates.

Social metrics flash green: SHIB-related discussions surged 126% in 24 hours, marking the highest engagement since January. Historically, such spikes in chatter precede waves of retail interest, potentially fueling the next leg up.

Massive Wallet Stirs Tension in the Shiba Inu Community

The Shiba Inu ecosystem, a widely popular memecoin, faces scrutiny as on-chain data reveals a single wallet holding 41% of its total supply—410 trillion SHIB worth over $5.4 billion. This concentration undermines the project's decentralization ethos and sparks speculation about the holder's identity.

Blockchain analytics firm IntoTheBlock identifies three possibilities: an early investor, a centralized exchange's cold wallet, or Shiba Inu's pseudonymous founder Ryoshi. The latter scenario raises particular concern, given Ryoshi's 2022 departure after claiming zero SHIB holdings—a statement now under renewed scrutiny.

The discovery forces a reckoning with Shiba Inu's foundational narrative. A community-driven token cannot maintain credibility while billions in assets remain controlled by a single entity, whether founder or whale. This development may test investor confidence in memecoins' long-term viability beyond speculative trading.

Is SHIB a good investment?

Based on current technicals and market sentiment, SHIB presents an interesting opportunity. Here's the key data:

James from BTCC suggests: 'The combination of technical breakout potential, improving holder economics, and positive social metrics could drive SHIB toward 0.00001879 (+30%) if current levels hold. However, cryptocurrency investments remain high-risk - proper position sizing is essential.'

Cryptocurrency investments involve substantial risk and may result in total loss. Always conduct your own research before investing.