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Shiba Inu coin Price
Shiba Inu price

Shiba Inu coin priceSHIB

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$0.{5}6221USD
-0.83%1D
The price of Shiba Inu coin (SHIB) in United States Dollar is $0.{5}6221 USD.
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Price chart
Shiba Inu coin/USD live price chart (SHIB/USD)
Last updated as of 2026-05-05 02:20:33(UTC+0)

Live Shiba Inu coin price today in USD

The live Shiba Inu coin price today is $0.$134.91M6221 USD, with a current market cap of $3.67B. The Shiba Inu coin price is down by 0.83% in the last 24 hours, and the 24-hour trading volume is {5}. The SHIB/USD (Shiba Inu coin to USD) conversion rate is updated in real time.
How much is 1 Shiba Inu coin worth in United States Dollar?
As of now, the Shiba Inu coin (SHIB) price in United States Dollar is valued at $0.{​5}6221 USD. You can buy 1SHIB for $0.{​5}6221 now, you can buy 1,607,493.23 SHIB for $10 now. In the last 24 hours, the highest SHIB to USD price is $0.{​5}6343 USD, and the lowest SHIB to USD price is $0.{​5}6137 USD.

Do you think the price of Shiba Inu coin will rise or fall today?

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Voting data updates every 24 hours. It reflects community predictions on Shiba Inu coin's price trend and should not be considered investment advice.

In-depth analysis of Shiba Inu coin's market trends today

Shiba Inu coin market summary

The current price of Shiba Inu coin (SHIB) is $0.$134,914,217.186221, with a 24-hour change of -0.83%. The current market capitalization is approximately $3,665,603,921.28, and the 24-hour trading volume is {5}.

Shiba Inu Key Takeaways

According to Bitget real-time chart analysis, from the current technical structure, the key market support level for Shiba Inu (SHIB) is currently at $0.0000060, while the primary resistance level is at $0.0000072. If the Shiba Inu price breaks out of this range, it may trigger a new trend movement.
Overall, the current market is in a consolidation and bottoming phase, with Shiba Inu price fluctuations mainly concentrated within key technical zones as it builds a base for potential recovery.

Technical Indicators

RSI: Currently at 58, showing that market momentum is bullish as it stays above the neutral 50 level without entering the overbought zone.
MACD: The signal is Bullish, with green histogram bars supporting a positive short-term outlook.
MA structure: The price has recently found support near the 50-day EMA ($0.0000061). While it remains below some longer-term averages like the 100-day EMA ($0.0000064), the current positioning suggests a short-term recovery attempt within a broader neutral-to-bearish medium-term structure.

Market Drivers

Current Shiba Inu price and market trends are primarily influenced by the following factors:
Meme Coin Sector Rotation: Renewed speculative interest in the meme coin sector, led by gains in Dogecoin, is providing positive spillover effects for SHIB.
Ecosystem Development: Ongoing community efforts to build utility, including projects like ShibaSwap and the proposed algorithmic stablecoin SHI, continue to influence long-term holder sentiment.
Market Liquidity & Risk Appetite: A gradual return of risk-on sentiment in the broader crypto market is encouraging capital rotation into high-volatility speculative assets.

Trading Signals

Potential Buy Zone

• If the Shiba Inu price approaches the $0.0000060 - $0.0000061 range (near the 50-day EMA) and shows signs of stabilization, it may form a short-term buying opportunity.
• If the Shiba Inu price decisively breaks above the $0.0000064 resistance with significant volume, it may confirm a breakout from the current consolidation phase.

Risk Scenario

• If the Shiba Inu price falls below the $0.0000060 key support, the market may enter a deeper correction phase, potentially testing lower liquidity zones.

Buy Strategy

Conservative Investors

• Wait for Shiba Inu to effectively break and hold above the $0.0000064 level before entering on a successful retest.
• Alternatively, consider small-scale entries if the price successfully defends the $0.0000061 support level.

Trend Investors

• If the Shiba Inu price breaks the immediate resistance at $0.0000064, a new upward trend may form. The next target price could be $0.0000072, followed by $0.0000080.

Long-term Investors

• As long as the price remains above the critical support of $0.0000051, the long-term bottoming process remains intact, allowing for gradual accumulation.

Trends Summary

Market Insights

From a short-term perspective, Shiba Inu has shown a consolidating upward price structure over the past 7 days, with market sentiment shifting toward cautiously optimistic. The price is currently testing the upper boundaries of its recent range.

Market Outlook

• If Shiba Inu breaks the $0.0000072 resistance, the next target could be $0.0000080.
• If Shiba Inu fails to hold $0.0000060, the next target support may be $0.0000051.

Market Consensus

The consensus among analysts is that while Shiba Inu remains in a period of consolidation, maintaining the price above the $0.0000060 support level keeps the neutral-to-bullish recovery thesis alive in the medium term.

Now that you understand the market, it's time to buy and trade. Over 100 million crypto users choose to trade on Bitget. Bitget supports a wide range of trading methods for crypto assets such as Shiba Inu coin, including buying, selling, spot trading, futures trading, on-chain trading, and staking. It also offers one of the most advantageous transaction fee rates across the entire industry!

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Risk disclaimer

The above analysis is based on Bitget's real-time chart data and technical indicators, compiled and reviewed by the Bitget research team. It is for reference only and does not constitute investment advice. Cryptocurrency prices are highly volatile. Please make investment decisions based on your own risk tolerance.

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Shiba Inu market info

Price performance (24h)
24h
24h low $024h high $0
All-time high (ATH):
$0.{4}8845
Price change (24h):
-0.83%
Price change (7D):
+1.24%
Price change (1Y):
-51.22%
Market ranking:
#27
Market cap:
$3,665,603,921.28
Fully diluted market cap:
$3,665,603,921.28
Volume (24h):
$134,914,217.18
Circulating supply:
589.24T SHIB
Max supply:
--

About Shiba Inu coin (SHIB)

What Is Shiba Inu?

Shiba Inu (SHIB) is a meme coin. Launched in August 2020, Shiba Inu was introduced to the crypto world by an anonymous person or group known as "Ryoshi”. Named after a breed of Japanese dog that has become a popular online meme, Shiba Inu is one of many tokens that have been described as a "meme coin," similar to Dogecoin. Despite its meme-inspired origins, Shiba Inu has rapidly gained traction and is recognized for its value, growth, and engaging community.

While the details surrounding the origins remain mysterious, the vision of Shiba Inu was clear from the outset – to create a fully decentralized and vibrant ecosystem within the Ethereum blockchain, which fosters a sense of community and offers more than just a digital asset.

Inspired by Dogecoin but looking to surpass it in terms of utility, Shiba Inu came into existence with the intention of being more than a fun meme cryptocurrency. It has been designed with an ecosystem that includes ShibaSwap, its own decentralized exchange.

Resources

Whitepaper: https://github.com/shytoshikusama/woofwoofpaper/raw/main/SHIBA_INU_WOOF_WOOF.pdf

Official website: https://www.shibatoken.com/

How Does Shiba Inu Work?

Shiba Inu was designed to be a self-regulating community. The token's creator, known only as "Ryoshi," began with a supply of one quadrillion SHIB. 50% of the total supply was locked into Uniswap, a decentralized finance protocol used for exchanging cryptocurrencies. The remaining 50% was sent to Ethereum co-founder Vitalik Buterin as a burn gesture.

Shiba Inu is an ERC-20 token, which means it abides by the set of protocols established for tokens on the Ethereum blockchain. This gives it the advantage of being interoperable with a vast range of services that also use the Ethereum network.

Shiba Inu can be obtained by mining, buying on crypto exchanges like Bitget and Coinbase, or through decentralized trading platforms like Uniswap. It is also possible to earn SHIB by providing liquidity on DeFi platforms.

ShibaSwap, the native decentralized exchange of Shiba Inu, offers additional ways to interact with the token. It allows holders to stake their SHIB tokens and earn rewards, as well as swap tokens and participate in yield farming.

Rise to Popularity

Shiba Inu gained a quick rise to fame in May 2021 when Ethereum co-founder, Vitalik Buterin, received half of SHIB's total supply from the developers as a part of a burn mechanism. He donated a significant portion of it to a Covid-19 relief fund for India, garnering massive media attention for Shiba Inu.

While its meme origins and association with Dogecoin have certainly contributed to its rise, Shiba Inu also owes much of its success to the wider cryptocurrency bull run, which has seen a resurgence of interest in altcoins. The robust community behind it, the so-called "Shiba Army," also plays a critical role in popularizing and developing the Shiba Inu project.

In early March 2023, Shiba Inu Layer-2 network, Shibarium is in public beta testing phase.

What Determines Shiba Inu's Price?

Understanding the factors that influence the Shiba Inu coin price is crucial for both seasoned investors and newcomers in the cryptocurrency market. Often touted as the "Dogecoin killer," Shiba Inu is an Ethereum-based ERC-20 token that has garnered significant attention, partly due to its vibrant community known as the SHIBArmy. One of the most compelling aspects of Shiba Inu's value is its community-driven approach.

Unlike traditional assets, the Shiba Inu cryptocurrency price is largely influenced by its strong and active community, social media trends, and high-profile endorsements—such as tweets from Elon Musk. This community backing acts as a double-edged sword; while it can pump the current price of Shiba Inu to staggering highs today, it also makes the asset susceptible to dramatic falls. As a result, making a Shiba Inu price prediction becomes a challenging task.

The Shiba Inu market cap has seen astronomical gains, peaking at a staggering market capitalization of $41 billion in October 2021. However, it's essential to note that Shiba Inu's price history is marked by extreme volatility, a common trait among meme coins. The Shiba Inu price chart often reflects frenetic trading activity rather than intrinsic utility, making it a high-risk, high-reward Shiba Inu investment.

Another key factor affecting the Shiba Inu coin price is its total supply and the token burning mechanism. Initially, Shiba Inu had a total supply of 1 quadrillion tokens. A significant portion of these tokens were burned, permanently removed from circulation, potentially driving up the Shiba Inu coin value.

Shiba Inu's ecosystem also includes other tokens like Leash and Bone, as well as platforms like ShibaSwap, a decentralized exchange that adds utility to the Shiba Inu cryptocurrency. The exchange allows users to trade, stake, and participate in yield farming, offering multiple avenues for potential returns. With Shiba Inu price live updates available on various exchanges and its integration into different blockchain projects, the current Shiba Inu price in USD, INR, GBP, or EUR is readily accessible, making it easier for global investors to jump in.

However, the question "Is Shiba Inu a good investment?" doesn't have a straightforward answer due to its speculative nature. Investment in Shiba Inu should be considered carefully, keeping in mind the asset's volatility and ever-changing market trends.

The Shiba Inu price is determined by a complex interplay of factors including community support, celebrity endorsements, tokenomics, and its ecosystem's utility. While the Shiba Inu price forecast remains highly unpredictable, understanding these factors can offer valuable insights for both short-term traders and those considering long-term Shiba Inu investment strategies.

Conclusion

Shiba Inu has quickly risen to prominence in the crowded world of cryptocurrencies. Its origin as a meme coin might have fueled its initial popularity, but its underlying technology and the development of a robust ecosystem that includes its own decentralized exchange, ShibaSwap, have given it substance beyond the meme.

It's important to note that like any other cryptocurrencies, Shiba Inu carries its own risks and it's always wise to do your own research and exercise caution while investing.

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AI analysis report on Shiba Inu coin

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Shiba Inu coin Price history (USD)

The price of Shiba Inu coin is -51.22% over the last year. The highest price of SHIB in USD in the last year was $0.{4}1757 and the lowest price of SHIB in USD in the last year was $0.{5}5180.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h-0.83%$0.{5}6137$0.{5}6343
7d+1.24%$0.{5}6018$0.{5}6550
30d+4.64%$0.{5}5746$0.{5}6550
90d-8.10%$0.{5}5180$0.{5}7226
1y-51.22%$0.{5}5180$0.{4}1757
All-time+385587.66%$0.{10}8165(2020-08-27, 5 years ago)$0.{4}8845(2021-10-28, 4 years ago)
Shiba Inu coin price historical data (all time)

What is the highest price of Shiba Inu coin?

The SHIB all-time high (ATH) in USD was $0.Shiba Inu coin8845, recorded on 2021-10-28. Compared to the Shiba Inu coin ATH, the current {4} price is down by 92.97%.

What is the lowest price of Shiba Inu coin?

The SHIB all-time low (ATL) in USD was $0.{10}8165, recorded on 2020-08-27. Compared to the Shiba Inu coin ATL, the current Shiba Inu coin price is up 7619209.49%.

Shiba Inu coin price prediction

When is a good time to buy SHIB? Should I buy or sell SHIB now?

When deciding whether to buy or sell SHIB, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget SHIB technical analysis can provide you with a reference for trading.
According to the SHIB 4h technical analysis, the trading signal is Strong buy.
According to the SHIB 1d technical analysis, the trading signal is Buy.
According to the SHIB 1w technical analysis, the trading signal is Sell.

What will the price of SHIB be in 2027?

In 2027, based on a +5% annual growth rate forecast, the price of Shiba Inu coin(SHIB) is expected to reach $0.{5}6665; based on the predicted price for this year, the cumulative return on investment of investing and holding Shiba Inu coin until the end of 2027 will reach +5%. For more details, check out the Shiba Inu coin price predictions for 2026, 2027, 2030-2050.

What will the price of SHIB be in 2030?

In 2030, based on a +5% annual growth rate forecast, the price of Shiba Inu coin(SHIB) is expected to reach $0.{5}7715; based on the predicted price for this year, the cumulative return on investment of investing and holding Shiba Inu coin until the end of 2030 will reach 21.55%. For more details, check out the Shiba Inu coin price predictions for 2026, 2027, 2030-2050.

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FAQ

What is Shiba Inu (SHIB)?

Shiba Inu coin (SHIB) is a decentralized meme token that grew in popularity as part of the wave of dog-themed cryptocurrencies. It was introduced as an Ethereum-based ERC-20 token and brands itself as the "Dogecoin Killer."

Who created Shiba Inu (SHIB)?

Shiba Inu was created by an anonymous individual or group known as "Ryoshi." The creator's identity remains a mystery, similar to Bitcoin's Satoshi Nakamoto.

What is the total supply of SHIB tokens?

The initial total supply of SHIB was 1 quadrillion. However, a significant portion (50%) was sent to the Ethereum co-founder Vitalik Buterin, who later burned (permanently removed from circulation) a large percentage of what was sent to him and donated the rest to charity.

Why is the price of Shiba Inu so low compared to other cryptocurrencies?

SHIB started with a very large supply of 1 quadrillion tokens, which means that even with a large market cap, the price per token can be extremely low. Additionally, its initial design was as a "meme" coin, with prices often starting at very low values.

What factors can positively or negatively affect the value of SHIB in the future?

Factors that can positively impact SHIB's value include increased adoption, favorable regulatory news, partnerships, development in its ecosystem (like the ShibaSwap platform), and positive sentiment in the broader crypto market. Conversely, regulatory crackdowns, negative publicity, broader market downturns, or issues with its platforms can adversely affect its value.

Will Shiba Inu (SHIB) reach US$1?

Shiba Inu, a popular meme coin, has garnered significant attention and a dedicated community since its inception. However, its potential to reach US$1 is viewed with skepticism by many experts. The primary reason is its massive circulating coin supply, currently at 589 trillion as of August 2023. To achieve US$1, Shiba Inu would need a market cap of US$589 trillion, an astronomically high figure compared to the entire crypto market's cap, which is just over US$1 trillion. Additionally, while Shiba Inu is working on various projects to enhance its utility and move beyond its meme coin status, such as the Shibarium blockchain and gaming initiatives, the consensus is that these developments, even combined with potential coin burns, are unlikely to propel its price to the US$1 mark in the foreseeable future. Moreover, the crypto market's competitive landscape, especially the crowded meme coin sector, poses challenges for Shiba Inu's growth. When it launched in 2020, its main competitor was Dogecoin, but now numerous dog-themed meme coins vie for market share. Various macroeconomic factors, like crude oil prices and inflation, can also influence Shiba Inu's performance. In conclusion, while Shiba Inu has potential and a series of projects in the pipeline, reaching a US$1 valuation in the near term is deemed improbable by most analyzed sources. As always, potential investors should conduct thorough research and seek expert advice before making decisions.

What factors are influencing the current price of Shiba Inu?

The price of Shiba Inu is influenced by market sentiment, overall crypto market trends, adoption news, social media buzz, and developments related to its ecosystem like ShibaSwap. Additionally, trading volumes on exchanges including Bitget Exchange play a significant role.

Is Shiba Inu a good investment at its current price?

Whether Shiba Inu is a good investment depends on your risk tolerance and market outlook. It's a highly speculative asset with high volatility. It's advisable to conduct thorough research and consider market trends before investing, and consider trading or buying it on Bitget Exchange for liquidity options.

How does the Shiba Inu price correlate with Bitcoin and Ethereum?

Shiba Inu often shows positive correlation with Bitcoin and Ethereum, moving in tandem during bullish or bearish market phases. However, as a meme coin, it can sometimes experience independent spikes or drops influenced by social media hype, which can be monitored effectively on platforms like Bitget Exchange.

Can upcoming updates or projects impact Shiba Inu's price?

Yes, developments such as ShibaSwap enhancements, NFT releases, or partnerships can positively influence Shiba Inu's price by increasing utility and investor interest. Staying updated via official channels and trading on Bitget Exchange provides timely access to price movements following announcements.

What role do social media and celebrity endorsements play in Shiba Inu's price?

Social media trends and celebrity endorsements can create sudden price volatility through increased demand and speculative trading. This hype-driven trading activity is easily accessible on platforms like Bitget Exchange, where rapid buy and sell orders occur in response to such news.

How do market trends and regulations affect Shiba Inu's price?

Broader market trends and regulatory news impact Shiba Inu's price indirectly by affecting investor confidence in cryptocurrencies. Favorable regulations can lead to price surges, while restrictive policies might cause dips. Bitget Exchange provides a platform to trade or hedge positions amidst such market conditions.

Is there any technical analysis pattern that can predict Shiba Inu's price movements?

Technical analysts often look at moving averages, RSI, MACD, and volume indicators for Shiba Inu. Patterns like support and resistance levels and trend lines can give insights but are not foolproof. Trading tools on Bitget Exchange offer real-time charts and indicators to assist with analysis.

How does liquidity on Bitget Exchange influence Shiba Inu's price stability?

Higher liquidity on Bitget Exchange facilitates smoother price movements with less slippage, helping stabilize Shiba Inu's price. Low liquidity can cause higher volatility, so Bitget's active trading pairs can contribute to more reliable price discovery.

Can large holders or 'whales' significantly impact Shiba Inu's price?

Yes, large holders or whales can impact Shiba Inu's price by executing substantial buy or sell orders, causing significant price swings. Monitoring order books and trade volumes on Bitget Exchange can help identify whale activity and anticipate possible price impacts.

Where can I buy or trade Shiba Inu safely and with good liquidity?

You can buy or trade Shiba Inu safely with good liquidity on Bitget Exchange, which offers a secure platform with various trading pairs, competitive fees, and advanced order types to manage your trades effectively.

What is the current price of Shiba Inu coin?

The live price of Shiba Inu coin is $0 per (SHIB/USD) with a current market cap of $3,665,603,921.28 USD. Shiba Inu coin's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Shiba Inu coin's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Shiba Inu coin?

Over the last 24 hours, the trading volume of Shiba Inu coin is $134.91M.

What is the all-time high of Shiba Inu coin?

The all-time high of Shiba Inu coin is $0.{4}8845. This all-time high is highest price for Shiba Inu coin since it was launched.

Can I buy Shiba Inu coin on Bitget?

Yes, Shiba Inu coin is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Shiba Inu coin guide.

Can I get a steady income from investing in Shiba Inu coin?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Shiba Inu coin with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Where can I buy Shiba Inu coin (SHIB)?

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SHIB/USD price calculator

SHIB
USD
1 SHIB = 0.{5}6221 USD. The current price of converting 1 Shiba Inu coin (SHIB) to USD is 0.{5}6221. This rate is for reference only.
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SHIB resources

Shiba Inu coin rating
4.5
107 ratings
Contracts:
0x95ad...b64c4ce(Base)
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Bitget Insights

CRYTON_CLAN
CRYTON_CLAN
1d
A meme coin sent to $40B… with no investors
$SHIB SHIBA INU wasn’t supposed to win — but it did. In 2020, an anonymous dev named Ryoshi launched SHIB. No VCs. No funding. No roadmap hype. Then he made a wild move: sent 50% of the entire supply to Vitalik Buterin — unannounced. By 2021, that stack was worth ~$1B. Vitalik: — donated 50T SHIB to India’s COVID relief — burned ~410T SHIB (~$6.7B) 👉 cutting supply and igniting the narrative At the same time: — hype exploded — community went parabolic — SHIB hit a $40B market cap Then Ryoshi disappeared. No interviews. No exit. Just gone. What this really shows SHIB wasn’t about tech. It was: — narrative — timing — attention And it worked. If short: In crypto, attention = liquidity So ask yourself: Was it just a meme… or a perfectly executed play?
SHIB+0.38%
Zambo_001
Zambo_001
1d
Crypto Market Update: XRP Stuck, BTC Hits Resistance, SHIB Bottoms?
$BTC $XRP $SHIB The crypto market is entering a critical phase as tightening price structures signal potential volatility ahead. The crypto market is approaching several key technical turning points as major assets move within tightening structures that could soon trigger larger price swings. While some coins are struggling with resistance during recovery attempts, others appear to be stabilizing after prolonged declines, setting up potential breakout scenarios. XRP haven't locked in enough At the moment, XRP is stuck in a tightening range that restricts its price movement and makes it impossible for it to move in a clear direction. A rising support trendline from recent lows, and the declining 26-day exponential moving average serving as resistance, are two crucial levels that the asset is consolidating between. The next breakout could decide the market’s short-term course, because this compression has essentially locked XRP into a small range. After recovering from a steep decline earlier in February that brought the price close to the $1.25-$1.30 range, XRP is currently trading around $1.40. Buyers reacted strongly to that selloff, creating a sequence of higher lows and the ascending trendline that is currently visible on the chart. Key trendline invalidated Since then, despite the overall bearish structure, this trendline has served as a short-term support level, keeping the price from falling further. The upside is still limited, though. XRP’s attempts to move higher have been repeatedly rejected by the 26 EMA, which is still sloping downward. Sellers intervene each time the asset gets close to this moving average, driving the price back toward support. Bulls must get past this dynamic’s obvious technical barrier in order to start a recovery. This structure effectively squeezes XRP between these two levels. The available trading range shrinks as the trendline rises and the moving average progressively falls. When one side of the structure eventually breaks, these compression patterns usually end abruptly with an increase in volatility. Reclaiming and holding above the 26 EMA is crucial for XRP to start a significant recovery. The price may move toward the next resistance zones, which are located around $1.45 and possibly $1.60, where more moving averages and earlier price clusters are found, if a breakout is successful. Bitcoin finally tried itself One of the strongest recovery moves since the market recovered from the February lows near $63,000, Bitcoin recently attempted a significant breakout that momentarily lifted the asset above the $74,000 mark. The rally was short-lived, though. Sellers are still actively defending the upper boundary of the current recovery structure, as evidenced by Bitcoin’s swift retreat back toward the $72,000 zone after reaching the higher range. At first, the move above $74,000 appeared to be the start of a stronger bullish breakout. Bitcoin developed a tightening consolidation pattern that indicated an impending volatility expansion after weeks of pressure and a sharp decline earlier in the year. Eventually, buyers forced the price through that structure’s upper boundary, creating a surge of short-term momentum and a rise in trading volume. The market was unable to sustain the higher levels in spite of the breakout attempt. The $74,000-$75,000 range is currently functioning as the first significant resistance barrier during the current recovery phase, according to the swift rejection. This level is crucial from both a technical and psychological standpoint, because traders typically lock in profits close to significant round-number zones. Bitcoin is currently maintaining a higher low structure in comparison to the February bottom, while holding just below that resistance area. This indicates that even though the market has not yet confirmed a sustained breakout, the larger recovery effort is still ongoing. Bitcoin may enter a new momentum phase that drives the price toward higher resistance clusters in the mid-$70,000 region if buyers are able to recover and hold above the upper range on significant volume. However, the market may enter another period of consolidation, or briefly retreat toward the mid-$60,000 range, if repeated attempts to break this level are unsuccessful. Shiba Inu's turning point in close After months of relentless selling pressure, Shiba Inu may finally be nearing a turning point. For the majority of the past year, the meme asset has been in a consistent downward trend, breaking through several consolidation structures and continuously printing lower highs. On the other hand, recent price activity indicates that SHIB might be stabilizing close to a possible bottoming zone. SHIB is currently trading at $0.0000056, which is slightly above the most recent local support area. Due to its ability to absorb several waves of selling over the previous few sessions, this region has grown in importance. After the protracted decline, buyers may be gradually stepping in, as each attempt to drive the price lower has been met with a swift recovery. Technically speaking, SHIB previously broke away from a number of descending triangle patterns that emerged during the decline. The asset declined steadily as a result of those breakdowns, but the most recent move seems to be losing steam. Rather than another violent collapse, the recent price action indicates a tight consolidation forming close to the current support zone. SHIB's dynamic is unstable Additionally, volume dynamics lend credence to the stabilization possibility. The sharp spikes that accompanied previous breakdowns are starting to fade, even though selling activity is still present. This frequently happens close to the conclusion of protracted bearish cycles, when longer-term players start building positions and weaker holders leave the market. The separation between SHIB and its key moving averages is another crucial component. The asset is still below important trend indicators like the 50 and 200-day averages, but as the downward momentum slows, the difference between the price and those levels has begun to close. The beginning of a reversal structure may be indicated if the market starts making higher lows. SHIB needs to maintain the $0.0000055–$0.0000050 support range in order for a recovery scenario to emerge. By staying in this region, the asset would be able to establish a foundation before trying to recover adjacent resistance levels at $0.0000062 and $0.0000067.
BTC+0.66%
SHIB+0.38%
TopCryptoNews
TopCryptoNews
2d
⚡️ Shiba Inu Faces $0 Liquidation Dilemma as Traders Exit Positions Shiba Inu price is facing profit-taking slightly above $0.0000062, as the tussle between bears and bulls continues. The broader crypto market is showing mixed price action on Saturday, with the majority of crypto assets largely in the red. Shiba Inu was down 1.45% in the last 24 hours to $0.000006273. Wednesday's Federal Reserve decision to hold the federal funds rate steady seems to be weighing on the market. CoinGlass data shows $125 million in 24-hour liquidations across the crypto market, with the majority of this figure being long positions expecting further increases in price. In the case of Shiba Inu, liquidity remains subdued as traders exit positions. In recent hours, long and short liquidations came to $0. Meanwhile, Shiba Inu open interest has dropped 6.74% to $60.81 million in the last 24 hours. Shiba Inu's trading volume in the derivatives market has likewise dropped in this timeframe by nearly 48% to $79 million. 🔸 SHIB price The recent price drop caught Shiba Inu long traders expecting prices to increase off guard. Long liquidations for Shiba Inu came to $40,230, accounting for nearly all of the liquidations in the last 24 hours ($40,940), while shorts only came to $713.27. Shiba Inu rose for four straight days from April 28; however, negative funding rates in the market indicate that traders are still shorting any rallies, cutting short any potential rise. SHIB's price increase faces a barrier at the April 29 high of $0.00000659, while Shiba Inu aims to convert the $0.000006 level (the daily MA 50) into support. Earlier this week, the Fed voted to keep the benchmark federal funds rate on hold between 3.50% and 3.75%. The personal consumption expenditures price index, the Federal Reserve's preferred measure of inflation in the economy, rose 0.7% in March, according to a Thursday release. $SHIB
SHIB+0.38%
Crypto_MasterXs
Crypto_MasterXs
2d
🚨 $$SHIB /USDT – Pro Trader Setup (4H Chart) Most traders lose because they enter in the middle. Smart money waits. Here’s the real setup 👇 --- 💰 Current Price: 0.00000627 ⚠️ This is a no-trade zone (mid-range = --- 🟢 Sniper Entry #1 – Pullback Buy 📍 Entry: 0.00000605 – 0.00000610 🛑 SL: 0.00000595 🎯 TP1: 0.00000630 🎯 TP2: 0.00000645 🎯 TP3: 0.00000655 🔥 Reason: Strong support + liquidity zone → smart money accumulation --- 🔵 Sniper Entry #2 – Breakout Buy 📍 Entry: After 4H close above 0.00000640 📍 Retest Zone: 0.00000635 – 0.00000640 🛑 SL: 0.00000620 🎯 TP1: 0.00000660 🎯 TP2: 0.00000680 🔥 Reason: Clean breakout = momentum expansion --- ❌ Avoid This Trap 🚫 Entering at current price = gambling 🚫 Low volume + weak MACD = fake breakout risk --- 🧠 Pro Rule 👉 “Buy at support, sell at resistance — never trade the middle.” --- 📊 Patience = Profit 💎 Discipline = Consistency Follow for more sniper-level setup
SHIB+0.38%
Asifawan50
Asifawan50
2d
guy's memecoins and altcoins 5-year breakout is coming Biggest altseason starts any day now.... $DOGE 40x $SHIB 30x $PEPE 50x
DOGE+0.96%
SHIB+0.38%

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SHIB is available for trading on the Bitget Exchange, and can be held in custody on Bitget wallet. Bitget Exchange is also one of the first CEX platforms to support SHIB trades.
You can trade SHIB on Bitget.

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