SHIB Shows Strong Recovery Signs with 8% Surge Amid Market Optimism

Shiba Inu (SHIB) has demonstrated a notable rebound, surging 8.12% in the past 24 hours to trade at $0.00001168. This upward movement comes after a period of selling pressure that had previously driven the meme token to a weekly decline of 1.88%. The recent V-shaped recovery from a local bottom of $0.00001102 has reignited bullish sentiment among investors. With a trading volume reaching $221.19 million and a market capitalization of $6.88 billion, SHIB is showing strong signs of recovery. This resurgence aligns with broader bullish momentum in the cryptocurrency market, suggesting potential for further gains. As of June 25, 2025, SHIB's performance highlights its resilience and growing investor confidence, making it a token to watch in the evolving digital asset landscape.

Shiba Inu (SHIB) Surges 8% Amid Bullish Market Momentum

Shiba Inu (SHIB) has surged 8.12% in the past 24 hours, signaling a resurgence in bullish sentiment. The meme token, now priced at $0.00001168, has seen its trading volume reach $221.19 million, with a market capitalization of $6.88 billion. Earlier selling pressure had pushed SHIB to a weekly decline of 1.88%, but the recent rebound suggests a potential recovery.

A V-shaped recovery from a local bottom of $0.00001102 has reignited investor interest. The rally breached the $0.0000115 resistance level before facing minor rejection. Strong buying interest is evident, with the RSI nearing overbought territory, though this may also indicate short-term resistance. If the momentum holds, SHIB could target $0.00001250.

Shiba Inu Whale Surge: $114 Million Accumulation Signals Strong Buy Pressure

Shiba Inu whales have aggressively accumulated 10.4 trillion tokens in a single day, marking the second-largest daily purchase this year. The move, valued at approximately $114 million, underscores mounting buy pressure despite recent market volatility.

Large holders have increased their SHIB holdings by 27.81 trillion tokens since May 24, with exchange reserves and funding rates suggesting a potential push toward $0.00001730. The token, currently priced at $0.00001168, has rebounded 8% in the past 24 hours following a 9% weekend decline tied to broader geopolitical tensions.

Chartist Jonathan Carter notes a descending channel formation on SHIB's daily chart—a pattern often preceding trend reversals. Whale wallets holding 10-100 trillion SHIB now control 192.87 trillion tokens, their highest one-day accumulation since January.

SHIB Army Eyes 195% Price Surge Amid Bullish Reversal Signals

Shiba Inu (SHIB) shows early signs of a bullish reversal after an 18.3% monthly decline, with analyst Tektonic noting negative funding rates as a precursor to rebound moves. The meme coin rallied 6.6% to $0.00001161, with a potential target of $0.000017.

A 5,404% spike in SHIB burn rate tightens supply dynamics, while higher lows suggest strengthening momentum. "Bulls defending higher lows could propel SHIB toward $0.00001280-$0.00001350," observes crypto analyst Bit Guru, noting the $0.000012 psychological threshold as critical.

Shiba Inu Price Eyes 62% Rally After Retesting Key Support Level

Shiba Inu (SHIB) is navigating a period of heightened volatility, recently touching a 16-month low of $0.00001004. Analysts now speculate whether this level could serve as a springboard for a 62% surge toward May's peak of $0.00001752.

A double-bottom pattern is emerging on SHIB's daily chart, with the token retesting the $0.00001004 support level previously visited in April. This technical formation often signals trend reversals, bolstering bullish sentiment among traders. Analyst Tom Tucker notes the pattern's reliability but emphasizes SHIB must maintain footing above $0.00001030 to confirm the setup.

Market-wide stability remains crucial for SHIB's potential ascent. Geopolitical tensions, particularly involving US engagement in Middle Eastern conflicts, continue casting uncertainty across crypto markets. The token's fate appears tied to broader risk asset performance in coming weeks.