Shiba Inu Price Prediction as Bulls Defend Key Support

Shiba Inu Holds Key Support Level Amid Market Volatility

Shiba Inu’s price has recently stabilized near the important $0.000011 support zone after being more volatile in the past. Analysts say that this level is very important for figuring out if bullish momentum can start up again or if more consolidation will happen.

The token is currently trading around $0.00001182. Sellers are active below the 20-day EMA at $0.00001238, and buyers are defending the upward trendline. If market sentiment improves over the next few sessions, staying at this level could set off an upward rally.

Tight Triangle Pattern Suggests Accumulation Phase Developing

Since mid-September, Shiba Inu has been moving up and down within a tightening triangle shape, bouncing off the $0.00001180 level several times. This pattern usually means accumulation, which is when traders quietly build up their positions before a possible breakout.

The 20-day EMA at $0.00001238, the 50-day EMA at $0.00001264, the 100-day EMA at $0.00001286, and the 200-day EMA at $0.00001364 are all important levels of resistance. If bullish momentum picks up, getting past these technical barriers could lead to $0.00001472 and eventually $0.00001600.

On-chain data shows small but significant inflows of $638,000 on exchanges, which suggests that people are getting ready for historically volatile trading periods in October. Even though these movements are small, they suggest that new speculative interest is growing below the surface.

CryptoQuant says that the total supply of SHIB on exchanges has dropped to an all-time low of 84.5 trillion tokens. This drop shows that more and more holders are moving their assets into self-custody. This is a sign of long-term confidence in accumulation rather than short-term speculation.

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SHIB Whale Activity Tightens Supply and Sets Stage for Price Surges

Over the past year, the top 100 SHIB whale addresses have added 15% to their holdings, bringing their total to 102.44 trillion tokens. Analysts see this trend of accumulation as a sign that prices will go up, which means that smart investors are getting ready for possible price spikes.

When the broader market conditions are right, these kinds of accumulation patterns often happen before big upward moves. As the supply of SHIB tightens and whales buy up circulating tokens, any change in mood could cause big price jumps because there would be less selling pressure.

Technical Indicators Lean Bullish Despite Mixed Signals

Shiba Inu is currently trading in a descending wedge structure, which is a sign that a breakout move is coming. The RSI has bounced back from being close to oversold between thirty-five and forty, which means that more buyers are slowly coming back to the market.

MACD readings show that bullish momentum is starting to build, which could mean that trends are about to change. A clear breakout above the 200-day EMA at $0.00001364 is still the main sign that the market is going up in the medium term, which opens the door for higher price targets.

Breakout Scenarios Could Target Significant Price Levels

If the market stays bullish, analysts say the first targets are $0.00001472 and then $0.00001600 after breaking through resistance. Intraday highs recently hit $0.00001484, showing that prices are still responsive near key breakout zones even after recent pullbacks.

If the market closes above $0.00001500 every day, it will probably support bullish stories and lead to a test of $0.00002000. But it is still very important to keep support above $0.00001180 in order to keep any upward momentum going in the near future.

If accumulation trends continue, Shiba Inu forecasts for 2025 and beyond show a lot of potential beyond short-term price movements. Resistance near $0.00001264–$0.00001286 may cause short-term rallies, and breakouts above $0.00001364 in the medium term could keep the momentum going.

Long-term forecasts say that prices could reach $0.000032 or higher if whales keep buying and retail interest comes back. Key factors will be exchange flows, confirmations of technical breakouts, and the overall state of the crypto market, which will affect cycles of speculative demand.

Shiba Inu Whale Activity and Flows Signal Market Structure Shifts

Traders and investors will need to keep an eye on important support and resistance zones in order to deal with the volatility that is coming up. The way money moves around and the activity of whales give us more information about the changes in market structure that will lead to SHIB’s next big move.

If accumulation continues along with bullish breakouts, Shiba Inu could start a new expansion phase that takes it to new yearly highs. On the other hand, if support levels aren’t held, there could be corrective pullbacks before any long-term upward rally starts again.

IMPORTANT NOTICE

This article is sponsored content. Kryptonary does not verify or endorse the claims, statistics, or information provided. Cryptocurrency investments are speculative and highly risky; you should be prepared to lose all invested capital. Kryptonary does not perform due diligence on featured projects and disclaims all liability for any investment decisions made based on this content. Readers are strongly advised to conduct their own independent research and understand the inherent risks of cryptocurrency investments.

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