Shiba Inu (SHIB) Archives - Times Tabloid

Shiba Inu (SHIB) Gears Up for a Massive Move – Key Levels to Watch

Boboye Akomolafe — Mon, 31 Mar 2025 16:36:34 +0000

Shiba Inu (SHIB) is at a decisive juncture, trading around $0.00001231 after a minor dip of 0.01677%. With price action tightening, a breakout looms as traders eye critical support and resistance levels. The market is showing signs of growing momentum.

4-Hour Chart: Breakout Loading

The 4-hour chart reveals SHIB forming a descending wedge, often a precursor to a bullish breakout. A push past $0.000021 could trigger momentum toward $0.000025, attracting fresh buying interest. However, if resistance holds firm, SHIB may retest the $0.00001369 support zone. A break below this level could weaken bullish sentiment and lead to extended consolidation or a downward move.

1-Hour Chart: Consolidation Before the Storm

SHIB remains range-bound on the 1-hour chart, reflecting market indecision. Despite minor fluctuations, the token has held key support levels, indicating that bulls are still in the game. A move above $0.00001260 could signal an uptrend, confirming bullish strength. Conversely, a drop below $0.00001200 might invite increased selling pressure and open the door for further declines.

15-Minute Chart: Immediate Volatility Signals

Short-term action highlights resistance at $0.00001260 and support at $0.00001200. These levels serve as immediate barriers determining SHIB’s next move. A breakout could set the tone for the next leg, potentially confirming a bullish trend. However, failure to hold support could trigger a sharper retracement, leading to a more bearish outlook.

What’s Next?

Bullish Case: Clearing $0.00001260 could drive SHIB toward $0.000021, with further upside possible if volume surges.

Bearish Case: Losing $0.00001200 may increase sell pressure, pushing SHIB toward $0.00001199 or lower, potentially delaying any recovery attempts.

SHIB is at a tipping point, with critical price levels acting as make-or-break zones. A decisive breakout could define the next trend, making this a crucial moment for traders. Given the market’s volatility, staying alert and watching key signals is essential for those looking to capitalize on SHIB’s next move.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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Shiba Inu (SHIB) Gears Up for a Massive Move – Key Levels to Watch

Boboye Akomolafe — Fri, 28 Mar 2025 17:16:30 +0000

Shiba Inu (SHIB) is trading around $0.00001321, moving within a tight range as traders anticipate its next breakout or breakdown. With key resistance and support zones being tested, the immediate trend is uncertain. By analyzing the 4-hour, 1-hour, and 15-minute charts, we can pinpoint potential price movements and key levels to watch.

4-Hour Chart Breakdown

SHIB recently attempted a breakout from a descending wedge, a pattern often associated with bullish reversals. However, price action remains constrained beneath a strong resistance at $0.000021. If buyers step in and break through this level, SHIB could rally toward $0.000025. Failure to sustain momentum, however, might lead to another dip, testing the $0.00001369 support level.

1-Hour Chart Signals

On the 1-hour chart, SHIB’s movement is at a crucial crossroads. The price is hovering near a key resistance zone within the wedge pattern, presenting two potential outcomes:

Bullish Breakout: A push above $0.00001531 with strong volume could confirm a trend reversal, setting sights on $0.00001955.
Bearish Rejection: If resistance holds firm, SHIB may retreat, with $0.00001369 acting as the first major support level.

Momentum indicators suggest a possible upside move, but confirmation is required before committing to a direction.

15-Minute Chart Short-Term Outlook

In the 15-minute timeframe, SHIB is consolidating around the middle Bollinger Band, signaling low volatility before a potential breakout. Immediate resistance remains at $0.00001531, aligning with Fibonacci retracement levels. A break higher could spark a rapid price surge, while failure may lead to another test of support at $0.00001369.

Key Support and Resistance Levels
Support: $0.00001369, then $0.00001269
Resistance: $0.00001531, then $0.00001955

Predicted Price Action and Market Sentiment

SHIB is at a pivotal point, with a breakout above $0.00001531 potentially leading to a rally toward $0.00001955. If bullish momentum fades, expect a retest of $0.00001369 or lower. Overall, SHIB’s short-term trend hinges on its ability to break resistance or sustain its support zones.

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Shiba Inu (SHIB) Price Action: Key Levels and Next Move Prediction

Boboye Akomolafe — Wed, 26 Mar 2025 07:28:43 +0000

Shiba Inu (SHIB) is trading around $0.00001487 with minor price fluctuations. Over the last 24 hours, SHIB has shown a slight upward movement of 0.1%, indicating a period of consolidation after recent volatility. With SHIB hovering near its resistance and support levels across multiple time frames, traders are closely watching for its next breakout or breakdown.

Key Support and Resistance Levels

15-Minute Chart

Support Levels: $0.00001369, $0.00001269
Resistance Levels: $0.00001531, $0.00001955

The 15-minute chart indicates minor fluctuations, with resistance at $0.00001531, which aligns with a 0.618 Fibonacci retracement level. If SHIB can break above this level, it could push toward the $0.00001955 target. However, if it fails, support at $0.00001369 will be critical.

1-Hour Chart

Support Levels: $0.00001299, $0.00001248
Resistance Levels: $0.00001386

The 1-hour time frame presents a tighter range. Resistance at $0.00001386 has been tested multiple times. A strong breakout above this level could confirm an upward trend, while a drop below $0.00001299 could signal further downside pressure.

4-Hour Chart

Support Levels: $0.000012, $0.000010
Resistance Levels: $0.000015, $0.000021

The broader 4-hour analysis suggests that SHIB’s major resistance at $0.000015 is a significant hurdle for bulls. If broken, the next target would be $0.000021. Meanwhile, strong support at $0.000012 could help prevent further declines.

Next Move Prediction

Considering the current trend, SHIB is trading near its short-term resistance. A breakout above $0.00001531 could trigger a rally toward $0.00001955, driven by increasing bullish sentiment. However, if SHIB fails to break above resistance, a pullback toward $0.00001299 or even $0.000012 is likely.

Bullish Scenario: If SHIB closes above $0.000015, we could see a short-term rally to $0.00001955.
Bearish Scenario: Failure to break resistance could lead to a decline toward $0.000012, or even $0.000010 in a worst-case scenario.

Traders should watch volume trends and market sentiment closely to confirm the next move.

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Shiba Inu (SHIB) Gears Up for a Massive Move – Key Levels to Watch

Boboye Akomolafe — Sun, 23 Mar 2025 19:17:49 +0000

Shiba Inu (SHIB) has experienced slight fluctuations over the past three days, maintaining relative stability despite shifting trading volumes. As the meme coin consolidates, traders are watching key levels to determine whether SHIB is gearing up for a breakout or further decline.

SHIB’s 3-Day Price Performance

March 20, 2025 – SHIB opened at $0.00001296 and closed at $0.00001261, with a trading volume of $89.16 million, showing mild bearish pressure.
March 21, 2025 – The price briefly climbed, opening at $0.00001280, but eventually closed lower at $0.00001252. Trading volume dropped to $73.51 million, signaling decreased market participation.
March 22, 2025 – SHIB opened at $0.00001298 and closed at $0.00001249, with volume further declining to $54.37 million, reflecting low volatility and cautious sentiment.
March 23, 2025 (Current) – SHIB is trading around $0.00001286, showing a minor recovery but still lacking strong bullish momentum.

SHIB Price Prediction for the Next 3 Days (March 24-26, 2025)

SHIB’s price action suggests a consolidation phase, with traders waiting for a decisive move. Here’s what to expect:

Bearish Scenario (60% Probability)

If SHIB fails to hold above $0.00001250, selling pressure could increase, pushing the price toward $0.00001220 or even $0.00001200 by March 26. A breakdown below $0.00001200 would signal a deeper correction.

Bullish Scenario (40% Probability)

If SHIB maintains support above $0.00001250 and trading volume increases, it could attempt a recovery toward $0.00001300-$0.00001320. A breakout above $0.00001320 could trigger further upside momentum.

Key Levels to Watch

Support: $0.00001250, $0.00001220
Resistance: $0.00001300, $0.00001320

SHIB remains at a critical juncture, and traders should monitor volume and market sentiment to anticipate its next move.

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Shiba Inu (SHIB) February Surge and March Pullback: A Market Overview

Boboye Akomolafe — Sat, 15 Mar 2025 18:52:03 +0000

Shiba Inu (SHIB) gained 3.31% over the last 24 hours, trading within a tight range. Support stands at $0.00001263, resistance at $0.00001287 with market sentiment guiding its next move. Investors and traders are closely monitoring for potential breakout or continued consolidation.

February Performance: Strong Gains with Resistance

In February 2025, Shiba Inu (SHIB) experienced a strong price rally, driven by growing investor interest and positive sentiment in the cryptocurrency market. The price surged to a monthly peak of $0.000017, reflecting solid buying momentum. However, resistance emerged at this level, leading to a pullback. By the end of the month, SHIB had stabilized around $0.00001621, indicating a consolidation phase where buyers and sellers were relatively balanced. While bullish momentum persisted, the asset struggled to maintain higher price levels due to selling pressure.

Shiba Inu (SHIB) Price Action

March Market Correction: Price Weakness Emerges

As March progressed, SHIB faced downward pressure, dropping to approximately $0.00001278 by mid-month. This decline from February’s peak signaled a market correction. Several factors contributed to this pullback, including shifting investor sentiment, broader market trends, and profit-taking by traders after February’s rally. The decline suggests that buyers remain hesitant at higher levels, contributing to price weakness. However, this correction does not necessarily indicate a long-term bearish trend, as market cycles often include such phases before potential recoveries.

Technical Outlook: Signs of Potential Rebound

Despite the recent drop, SHIB retains the potential for recovery. A bullish engulfing pattern has emerged on the weekly chart, suggesting that buying interest remains intact. Additionally, SHIB’s market capitalization is still around $7.53 billion, underscoring its continued relevance in the crypto space. If buyers regain confidence, the price could stabilize and trend upward again.

Key Levels to Watch Moving Forward

SHIB’s next price movements will depend on critical support level at $0.0000118 and resistance level at $0.000013. If the price reclaims key resistance zones, an upward trend could resume. Conversely, if bearish pressure persists, further declines may occur. Investors should closely monitor market conditions to assess whether SHIB is poised for recovery or a deeper correction in the coming weeks.

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Shiba Inu (SHIB) Struggles Against Profitability Zone. Here’s the Implication

Zaccheaus Ogunjobi — Tue, 18 Feb 2025 16:45:27 +0000

Shiba Inu has struggled to break through a critical resistance level, facing rejection before even testing the threshold. Recent price action indicates that the 26-day Exponential Moving Average (EMA) remains a major resistance, preventing further upward movement.

The 468 trillion SHIB level, once a key profitability zone for investors, has become a formidable barrier. On-chain data previously showed that many SHIB holders were seeing gains at this level. However, the latest rejection suggests buyers could not reclaim this territory, reinforcing downward pressure on the token.

This sentiment is further underscored by a staggering 44,431% decline in large-holder netflows recorded this month, dropping from an inflow of 3.5 trillion SHIB on February 7 to an outflow of 792.81 billion SHIB on February 8. Such outflows indicate that major holders are reducing their positions, contributing to the bearish momentum.

SHIB Holders Face Losses as Resistance Strengthens

According to the Global In/Out of the Money metric, many SHIB investors are currently holding at a loss. This indicates weakening bullish sentiment, as traders fail to push prices beyond resistance. Lacking substantial buying pressure, SHIB may struggle to regain lost ground, potentially leading to extended consolidation or further declines.

Technical indicators further support this bearish outlook. SHIB has repeatedly failed to break above key moving averages, particularly the 26 EMA. This persistent rejection signals that downward momentum remains dominant. If the token continues on this trajectory, it could drop to $0.000015 or lower, particularly if current support at $0.000016 fails to hold.

Potential for a Bullish Breakout?

Despite these challenges, a breakout above the 26 EMA could shift market sentiment, triggering renewed bullish interest. However, given current market conditions, this scenario appears unlikely without a surge in demand. For the asset to regain strength, it must reclaim key resistance levels and establish solid support.

Investors and traders should closely monitor the 468 trillion SHIB level, which has become a pivotal resistance point. Successfully breaking through this barrier could spark renewed momentum, while continued failures may reinforce bearish dominance.

The asset’s struggle to regain its previous profitability underscores persistent market hesitation and investor caution. While many anticipate a potential surge, sustained upward momentum remains uncertain. Without significant buying pressure, the token may continue facing downward pressure.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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Shiba Inu (SHIB) Whales Accumulate Nearly 1 Trillion SHIB Overnight. A Bullish Signal?

Zaccheaus Ogunjobi — Thu, 13 Feb 2025 17:45:22 +0000

The cryptocurrency market has remained relatively stagnant recently, with uncertainty dominating investor sentiment. Despite this lack of clear price movement, on-chain activity continues, particularly for Shiba Inu, the second-largest meme-based cryptocurrency.

Whale Accumulation and On-Chain Activity

Recent data from IntoTheBlock shows that large Shiba Inu holders accumulated approximately 922.87 billion SHIB on the last day. This marks a significant increase from the previous day, with inflows doubling by 438.66 billion SHIB. These figures reflect activity among wallets that hold at least 0.1% of SHIB’s circulating supply.

At the same time, outflows from these large wallets notably increased. A total of 619.44 billion SHIB moved out of whale-controlled addresses, indicating some level of redistribution. However, since inflows exceeded outflows, the digital asset recorded a positive net flow of 303.43 billion tokens for the day, a sharp divergence from the previous day’s negative net flow of 48.41 billion SHIB.

Assessing the Market Impact

The rise in whale accumulation raises the question: Is this a bullish signal for SHIB? While an increase in large-holder inflows suggests growing confidence in an asset, the situation with the asset is more complex.

One key factor to consider is the concentration of SHIB holdings. A significant portion of the token supply is held by a small number of wallets, many of which belong to cryptocurrency exchanges. Estimates suggest that five major whale wallets collectively possess around 565 trillion SHIB, accounting for approximately 95.8% of the circulating supply.

Who Controls the Token’s Market Movement?

Given this high concentration, the movement of large quantities of the token does not necessarily indicate a shift in market sentiment among individual investors. Instead, much of the activity could be related to exchange operations, internal transfers, or liquidity adjustments rather than strategic accumulation by independent whales.

This raises doubts about whether the recent inflows into whale wallets signal a bullish trend for the asset. While the net positive flow indicates that more SHIB was accumulated than sold, the broader implications remain unclear. Without confirmation that these large transactions reflect increased investor demand rather than routine exchange activity, it is difficult to determine their true impact on the asset’s future price movement.

While the increase in the token’s inflows into whale wallets may initially seem bullish, the dominance of a few large holders complicates the overall picture. With a significant portion of the token’s supply concentrated in a small number of wallets—many associated with exchanges—it remains unclear whether these movements indicate genuine accumulation or routine liquidity adjustments. Additionally, historical trends suggest that February has not been exceptionally robust for the digital asset, further adding to the doubts overshadowing its immediate future.

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Analyst Evaluates Shiba Inu’s (SHIB) Path to $1

Zaccheaus Ogunjobi — Tue, 11 Feb 2025 22:20:41 +0000

Shiba Inu (SHIB) remains a topic of speculation among investors, with many hopeful that the meme coin could one day reach the $1 mark. However, a recent assessment from Trade City Pro provides a more realistic perspective, highlighting the key challenges that make this target highly improbable.

Currently, the token is consolidating around $0.00001585 during prevailing bearish market conditions. Earlier this month, the token briefly dropped to a yearly low of $0.00001160 before rebounding. Despite struggling to reclaim its 2024 peak of $0.000045, the belief that SHIB could eventually reach $1 persists. CoinW, a top exchange further reinforced this speculation.

Token’s Market Cap Limitations

Trade City Pro’s analysis argues against the feasibility of the asset hitting $1, primarily due to its extensive token supply. With approximately 589 trillion tokens in circulation, achieving a $1 price would push Shiba Inu’s market capitalization to an astronomical $589 trillion.

For context, the total market capitalization of gold is estimated at $19 trillion, while the entire cryptocurrency market currently sits at around $3 trillion. Given these comparisons, the analyst asserts that such a valuation is unattainable under current market conditions. A separate report from The Motley Fool supports this view, reinforcing the idea that SHIB reaching $1 is not realistic.

It is important to note that even among those who support the $1 projection, most do not anticipate this happening shortly. Instead, their outlook is based on long-term speculation, often tied to potential token burns and future developments in the ecosystem.

Weekly Price Trends

Trade City Pro also examined the token’s historical price movements to provide insight into possible future trends. The analyst noted that for 620 days, the token remained within a defined trading range, facing resistance at $0.00001171. When the token eventually broke out of this range, it surged to $0.00003279 before encountering strong resistance and declining.

Following this peak, the token retraced to the $0.00001296 support level and made another attempt to rally in December 2024. However, resistance levels held firm, forming an equal high on the weekly chart, which could signal the formation of a double-top pattern. A double-top pattern typically indicates a bearish reversal, suggesting that SHIB may struggle to sustain upward momentum.

Despite these concerns, the analyst pointed out a decline in trading volumes during the asset’s most recent correction. This could indicate that selling pressure is weakening, providing some optimism. However, if the token drops below the $0.00001296 support level, it may confirm the bearish pattern and lead to further declines, with a potential target of $0.0000067.

Trading Strategy and Investment Outlook

When addressing investment strategies, Trade City Pro made it clear that they do not consider SHIB a viable investment. The analyst stated that, despite potential short-term gains, they prefer low-market-cap altcoins for speculative trading.

For those currently holding the token, the analyst recommends caution. If the token falls below $0.00001296, investors may want to exit their positions temporarily and wait for signs of renewed bullish momentum before re-entering the market. While SHIB’s recent recovery from $0.00001160 to $0.00001603 shows resilience, the broader market trend will ultimately determine its next move.

Overall, while Shiba Inu remains a highly speculative asset with a strong community, the likelihood of it reaching $1 remains extremely low based on current market dynamics. Investors should carefully consider the fundamental challenges before making decisions based on unrealistic expectations.

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Shiba Inu Rich List: Report Reveals Owners of 613 Trillion SHIB

Zaccheaus Ogunjobi — Sat, 08 Feb 2025 15:22:22 +0000

A recent analysis shared on X by Santiment highlights the concentration of Shiba Inu holdings among a small number of large investors. According to the data, the top 10 wallets collectively hold 61.3% of the total SHIB supply, amounting to approximately 613 trillion tokens.

This concentration level raises both potential risks and opportunities for the market, as the decisions of a few major holders could significantly influence SHIB’s price movements.

The Influence of Whales

The concentrated ownership of SHIB among a few wallets creates a strong link between their actions and the cryptocurrency’s value. With whale activity intensifying in the SHIB ecosystem, if any of these major holders decide to sell large amounts of SHIB, the market could experience sharp declines.

On the other hand, if these top wallets continue accumulating or refrain from selling, it could suggest confidence in the project’s long-term prospects, potentially stabilizing the market for smaller investors.

A good example of the influence of these massive token movements on SHIB is the burn performed by Ethereum co-founder Vitalik Buterin. He received a substantial portion of SHIB’s supply in 2021 from its anonymous creator, Ryoshi, and later burned 90% of it.

This burn, which effectively removed a large number of tokens from circulation, was intended to reduce supply and potentially increase scarcity, experts have shown that this burn helped SHIB hit its all-time high.

The “0xdEAd” wallet, which holds over 410 trillion SHIB that Buterin burned, is inaccessible and does not impact market liquidity. However, it is often included in calculations of the asset’s largest holders, which can sometimes be misleading.

Exchanges and Private Holdings

Apart from the burned tokens, Arkham Intelligence data shows that the remaining 203 trillion SHIB controlled by top holders is distributed among nine other wallets. Many belong to major cryptocurrency exchanges, including Binance, Robinhood, Crypto.com, Upbit, Bithumb, and OKX. These exchanges hold large reserves of SHIB, primarily to facilitate trading and liquidity.

However, there are also a few addresses among the top SHIB holders whose ownership remains unclear. One such address, “0x2d7A,” holds approximately five trillion SHIB, worth around $74.95 million.

Furthermore, five additional wallets, each holding 5 trillion SHIB, were funded by the same address three years ago and have remained dormant ever since. The purpose and ownership of these wallets remain unknown, and some suggest they could belong to Ryoshi, the mysterious creator of Shiba Inu.

XRP has historically been criticized for Ripple’s escrow holdings, wrongly calling it centralized. If the token concentration among these few wallets continues to expand, it might face similar accusations and scare new investors.

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3.3 Trillion SHIB Moved in One Minute. What’s Happening?

Zaccheaus Ogunjobi — Sat, 08 Feb 2025 14:00:45 +0000

A massive Shiba Inu transaction has drawn significant attention in the cryptocurrency market. Whale Alert, a prominent crypto whale tracking platform on X, revealed that an anonymous wallet transferred 3,368,549,976,020 SHIB, valued at approximately $51.15 million, to another unknown wallet.

Whale Alert has tracked the largest SHIB transaction of the year, beating the previous record set in November 2024. Notably, this substantial transfer follows another massive movement of 1.2 trillion SHIB from Kraken within the past two days, potentially indicating increased investor appetite for the asset.

Analyzing the Whale Transaction and Market Impact

Whale transactions are common in the crypto landscape, as prominent digital assets like XRP have recently seen their fair share of massive transactions. The digital asset sees multiple large transfers in hundreds of thousands of dollars occurring daily. However, the frequency and size of these movements fluctuate, and a transfer of this magnitude inevitably sparks speculation.

This transaction was executed between two unknown wallets, making it difficult to determine whether it was an internal fund reallocation, an over-the-counter (OTC) trade, preparation for an exchange listing, strategic portfolio adjustments, or market-making actions.

The asset is trading at $0.00001557, down 2.56% from yesterday. The timing and scale of the transfer have fueled discussions about its potential implications.

Another perspective on the 3.3 trillion SHIB transaction suggests it may be tied to exchange operations. Large transfers between wallets often precede listing announcements, liquidity adjustments, or strategic market positioning by major trading platforms.

If this transaction signals accumulation rather than an impending sell-off, it could contribute to long-term scarcity and boost the token’s price.

Burn Rate Spikes Amid Whale Activity

Two primary factors are often considered for assessing the long-term impact of major whale transactions: the SHIB burn rate and the presence of wealthy holders willing to maintain large positions in the token.

The community closely monitors the mechanism that permanently removes the token from circulation, a key driver of potential price appreciation. Shibburn data reveals that 15 million SHIB tokens have been burned over the past 24 hours, a notable increase of 1,155.95%.

Shiba Inu’s lead developer, Shytoshi Kusama recently suggested its performance represents the calm before the storm. The increased burn rate and the idea that the whales are preparing for something big could boost SHIB’s momentum, helping it regain some of its recent losses.

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