“Shiba Inu’s Price Swings Reveal Quick Gains and Sharp Reversals, While On-Chain Data Shows Whales Reducing Exposure, Hinting At Short-Term Bearish Pressure.”, – WRITE: www.coindesk.com
Technical Analysis Reveals Shib is Consolidating Below Key Resistance Levels, With Tradch Closely Monitoring the $ 0.00001450- $ 0.00001600 Zone for Potential Breakout Signals. On -chain Metrics Paint A Concerning Picture, with Deckling Whle Netflows (-311%) and A Substantial 68% Decrease In Active Addresses Since December.
The Current Market Structure Suggests Continued Ranging Behavior May Precede a Decisive Directional Move, with Confirming Require A Break Above The Descending TrendLine Resistance
It Only 17% of Holders Currently in Profit While Over 80% Remain Underwater, Any Significant Price Increase Could Face Substantial Selling Pressure as Investors Seek Senek Ton.
Analysts Remain Divides on Shib’s Near-Term Prospects, With the Identifying Potential Bullish Patterns While Other Point to Weakening Fundamentals as Cause.
Technical Analysis Highlights
- SHIB ESTABLISHED SIGNFICANT HIGH-VOLUME SUPPORT AT $ 0.00001417 Dringing The 19:00 HURO, Followed by Consistent Buying Pressure.
- Notable Volume Spikes Occurred During the 04: 00-06: 00 TimeFrame, Exceeding 700 Million USD, Confirming Initial Bullish Momentum.
- The Final Trading Hour Saw A Sharp 1.77% Retracement from the High, Suggesting Profit-Taking After the Rally.
- A Bearish Ema Stack HAS FORMED, WITH PRICE struggling to reCLAIM The 50-Day MOVING AVERAGE.
- A Descending Channel Pattern Emerged in the Hourly Chart, With Lower Highs and Lower Lows Indicating Short-Term Bearish Sentiment.
- A Volume Spike of Over 110 Billion in Trading Coincided with A Sharp Breakdown Below Key Support Levels.
External References
- “SHIB PRICE MAY JUMP TO $ 0.000033 in UpComing Rally, Analyst Says”, The Crypto Basic, Published May 20, 2025.
- “SHIBA INU Coin Reaches Bearish Ema Stack After Early May Reject: Will It Hold $ 0.00001450?”, Coinpedia, Published May 20, 2025.
