The price of Shıb tests the important support at the 0.000012 level. Investors discussed the level of decline in social media. Technical Analysis answers expectations as follows…
Shıb price will test these levels in March 2025
Shiba Inu (SHIB) has approached critical support levels with the continuation of sales pressure. Shıb, 10.85 %in the last 24 hours and 15.49 %in the last week lost to 0.00001314. Analysts say that 0.000012 and 0.0000094 are critical levels where buyers can prevent more loss by activating.
Shıb’s price movement shows a weakening trend. The large resistance level is between 0.000022–0.000027; This is the regions where previous ascension attempts failed. 0.618 Fibonacci 0.00001434, the retreat level, is currently active. If this level is broken, the 0.786 Fibonacci withdrawal at the 0.000012 level will be encountered and this will be a critical monitoring point.
If the sales pressure increases, SHIB may drop to 0.0000094, which is the complementary withdrawal of the rally in the beginning of 2024. Analysts say that a jump from 0.000012 may indicate a period of accumulation again, and a break below this level may be a harbinger of further decrease. The trading volume and whale mobility in the market will be closely monitored and this will determine the next movement.
What do technical indicators say?
Technical indicators strengthen Shıb’s negative market atmosphere. Parabolic Sar points to the ongoing weakness by settling over the price. Stockastic RSI shows a weak momentum at the level of 36.38, but gives a return signal. This says that over -sold conditions can attract buyers.
The Aroon Up indicator shows 78.57 %, which shows that the bull trend is weakened. Aroon Down does not appear to be a significant sales force in the short term, ie in the short term; However, if this ratio increases, the increasing decrease momentum can be verified.
According to Cryptoquant data, Shıb’s stock market reserves show that the amount of token offered for sale in stock exchanges is reduced. This gives the signal that investors may carry their assets to special wallets and a potential accumulation period. If this trend persists, it can contribute to the stability of the price in the long term.
Shıb’s active number of active addresses has also decreased and is currently around 4,000. This shows that network interaction is reduced. However, the increases experienced from time to time show the attention of short -term trader. Continuous activity is necessary for a strong price recovery.
Shıb burning rate has exceeded 4000 %
According to recent reports, Shiba Inu’s 24 -hour burning rate increased by 4.137.17 %to a significant reduction of circulating token. This supply reduction may affect price movements if demand increases.
Shıb is currently at a intersection. Investors monitor whether or not to keep the support of 0.000012 or whether another decline is inevitable towards 0.0000094. The coming days will be critical to the determination of a new trend for breast coin.
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