Technical analysis by Sajadx1 about Symbol SHIB on 8/13/2025

**Analysis of Shiba Inu (SHIB) Price Status (Summer 2024):** --- ### **1. Current Status (Recent Volatility):** - **Price:** ~$0.000021 (with 5-10% daily fluctuations) - **Market Cap Rank:** ~15th (~$12 billion) - **Technical Analysis:** - **Key Support:** $0.000018 - **Resistance:** $0.000025 - **Indicators:** - RSI: ~45 (neutral) - MACD: Suggests weak bullish momentum --- ### **2. Key Factors Influencing SHIB’s Future:** #### **A) Bullish Catalysts:** - **Token Burns:** Increased SHIB burns via projects like **Shibarium L2**. - **Adoption:** Listings on payment platforms (e.g., **NOWPayments**) or online stores. - **News:** Ecosystem updates (e.g., **ShibaSwap 2.0**). #### **B) Bearish Risks:** - **Meme Coin Competition:** Pressure from **Dogecoin (DOGE)** or newer projects. - **Market Sentiment:** If Bitcoin drops below $60k, SHIB may plunge further. - **Trading Volume:** Declining volume signals reduced retail interest. --- ### **3. Price Forecast (Short-Term to Long-Term):** - **Short-Term (1-3 months):** - Best-case: Rebound to $0.00003 (if market turns bullish). - Worst-case: Drop to $0.000015 (in a bearish market). - **Long-Term (2025):** - Potential target: $0.0001 (with mass adoption and large-scale burns). --- ### **4. Investment Advice:** - **For Traders:** - Buy zone: **$0.000018-$0.000022** (Stop-loss: $0.000016). - Sell targets: $0.000024 and $0.000028. - **For Hodlers:** - Only invest disposable funds (SHIB remains high-risk). - Track **Shibarium** developments closely. - **Warning:** - Avoid **FOMO**! SHIB is still a highly volatile asset. --- ### **5. SHIB News Trackers:** - Official Site: [shibatoken.com]( shibatoken.com/) - Shibarium Updates: [blog.shibaswap.com]( blog.shibaswap.com/) - Live Charts: [TradingView (SHIB/USDT)]( tradingview.com/)