Shiba Inu (SHIB) Price Recovery: Can It Break Free from Its Current Trading Range?

TLDR:

• Shiba Inu (SHIB) experienced a 2.7% price increase to $0.000018 following the US Federal Reserve decision, though trading volumes remain below average at 4.17 trillion SHIB
• Technical indicators including a developing death cross formation and declining trading volumes suggest the recent price uptick could be temporary
• Current price sits at $0.00002008 with 47.60% of holders (682,390 addresses) at a loss and 50.2% (719,640 addresses) in profit
• For SHIB to reach $0.001, it would require a 4,880% surge and a market cap of $589.25 billion; reaching $0.01 would need a 49,700% increase
• Key factors that could drive future price growth include aggressive token burns, increased Shibarium adoption, and completion of ecosystem projects

A recent uptick in Shiba Inu’s price has sparked discussions about the meme coin’s short-term momentum and long-term potential. The cryptocurrency saw a 2.7% increase following the latest Federal Reserve decision, pushing its value above the $0.000018 mark.

The modest gain on Wednesday marked only the second positive trading day for SHIB in ten sessions since January 18. However, trading data suggests cautious optimism may be warranted, as volume indicators show potential weakness in the current price movement.

According to data from IntoTheBlock, SHIB’s trading volume stands at 4.17 trillion tokens, falling below the seven-day average of 4.2 trillion. This decline in trading activity during a price rebound has led some analysts to warn of a possible bull trap, where false signals of upward movement could mislead investors.

Shiba Inu
SHIB Price

Technical analysis reveals a concerning pattern as SHIB faces a developing death cross formation. This occurs when the 50-day simple moving average crosses below the 100-day simple moving average, traditionally viewed as a bearish indicator. The token continues to trade beneath both moving averages, adding to the bearish structure.

Current market data shows SHIB trading at $0.00002008, positioning it as the 17th largest cryptocurrency with a market cap of $11.82 billion. The price level has created a divided investor landscape, with 47.60% of holders (682,390 addresses) currently at a loss, while 50.2% (719,640 addresses) remain in profit.

The year-to-date performance has been challenging for SHIB holders, with the token recording a 5.4% decline since the start of 2025. The downturn extends across different timeframes, showing a 12.01% drop over seven days and an 8.49% decrease over thirty days.

Despite these short-term challenges, several market observers maintain optimistic long-term price targets. Some experts suggest potential paths to reach price points of $0.001 or even $0.01, though these targets would require massive price increases of 4,880% and 49,700% respectively.

The Shiba Inu ecosystem’s development team has outlined several initiatives that could support future price growth. A key focus is the reduction of circulating supply through token burns, with current supply standing at 589.25 trillion SHIB. The team continues to implement various burn mechanisms, including Shibarium-powered burns.

Shibarium, SHIB’s Layer-2 blockchain solution, represents another potential growth driver. The network aims to attract developers and projects with its low-cost, fast transactions. However, current adoption rates lag behind competing blockchains like Ethereum and Solana.

The ecosystem continues to develop several projects, including SHIB: The Metaverse, Shiba Eternity, and SHIB Marketplace. While some initiatives like ShibaSwap are operational, others remain in testing or development phases.

The Parabolic SAR indicator shows resistance above current price levels, with its markers positioned above price action. The Bull-Bear Power remains in negative territory, indicating limited participation from bullish traders.

Market participants are closely watching the $0.000019 resistance level, which could prove crucial for SHIB’s short-term price direction. Failure to break this level might lead to a retreat toward $0.000017, where support structures exist.

Recent whale activity and changing retail interest patterns have drawn attention from market analysts. These factors, combined with broader market conditions, could influence SHIB’s price movement in coming trading sessions.

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