Shiba Inu (Shib) has stabilized the significant value after instability, establishing a consolidation pattern between $ 0.00001440 and $ 0.00001456.
The meme tokens faced intensive sales pressure with reaching 1.72 trillions during the extreme decline, but several tests of support on $ 0.00001440 showed strong buyers interest.
Despite the short-term fluctuations, the remarkable holder in the blockchain data reveals loyalty, over 1.13 million addresses maintain their positions for more than a year, indicate confidence in Shib’s long-term possibilities.
Shiba Inu Ecosystem continues to grow with an important Shibarium blockchain update that focuses on improving decentralization. This aligns with the team’s strategy to increase the utility beyond the state’s position.
While technical indicators show mixed indications with moderate rapid speed, the strong breakout is lacking confirmation, AI predictions from platforms such as Google’s Gemini suggests a possible growth by 2025, which represents a potential 105.9% increase from current levels.
Technical analysis highlights
- Shib experienced a decline in a notable 5.4% price in a 24-hour period, with a comprehensive limit representing an instability range of 0.00000083 (5.5%) up to a high level of 0.00001507 to a high level of 0.00001424.
- The token found a strong volume-supported resistance at the level of 0.0000146 during 23:00 hours, when selling the pressure reached 1.72 trillion, above the 24-hour average.
- Following a sharp fall, Shib established a consolidation pattern between 0.00001440 and 0.00001456, which shown buyer interest with several tests of support on 0.00001440, suggested potential stabilization before the next directional move.
- In the last one hour, Shib experienced the significant downward pressure, representing a decline of 0.56% from 0.00001448 to 0.00001440.
- The tokens faced intensive sales between 13: 54–13: 57, with volume spiking up to 16.45 trillion at 13:57, a local floor at 0.00001430.
- A brief recovery attempt was made at 14:01 when the price was rebound at 0.00001441, which formed a possible support area between 0.00001439-0.00001440, although the speed is evident as an inability to reconstruct the 0.00001445 resistance level.
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