Is SHIB Preparing for a Massive Move? Three Things to Watch This Week (Shiba Inu Price Analysis)
Shiba Inu is currently in a flat trend, but this could be the calm before the storm.
Key Support levels: $0.0000087
Key Resistance levels: $0.0000095
1. Flat Price Action
In the past two weeks, SHIB’s price has been moving sideways between the key levels. So far, the support at $0.000087 has held well and buyers could attempt to challenge the resistance at $0.0000095 in the near future.

2. Volatility and Volume Decreasing
Since the most recent high in December, Shib Inu’s volume has been declining. Most recently, volatility has also decreased substantially, with barely any significant moves. This could indicate pressure is building up for a major move later on.
3. MACD Moving Sideways
The MACD histogram on the daily timeframe is flat. This is expected, considering the price has been moving sideways for some time. Nevertheless, the MACD moving averages painted a bullish cross in late January, which is a promising sign for buyers.

Bias
The bias for SHIB is neutral.
Short-Term Prediction for SHIB Price
Buying volume has to return to SHIB if the price is to move higher. Until that happens, this sideways movement is likely to persist.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Crypto: The Fear Index Drops to 10, But Analysts See a Reversal

Uniswap Labs Faces Pushback as Aave Founder Highlights DAO Centralization Concerns

Ethereum Interop Roadmap: How to Unlock the “Last Mile” for Mass Adoption
From cross-chain to "interoperability," many of Ethereum's fundamental infrastructures are accelerating towards system integration for large-scale adoption.

A $170 million buyback and AI features still fail to hide the decline; Pump.fun is trapped in the Meme cycle
Facing a complex market environment and internal challenges, can this Meme flagship really make a comeback?


