While coins are preparing for a bullish return, Shiba Inu marks a trend break. Will this inversion generate the price of SHIB at $ 0.000020?
Shiba Inu Recently lost its position on the cryptography market in the face of Litecoin, which was on an upward trend. While the second largest piece of memes currently has a market capitalization of $ 9.61 billion, it is negotiated at a market price of $ 0.00001631.
With a 24 -hour recovery of 2.82%, the memes part transformed its yield of 7 days into 6.01% positive. Will this new recovery in Shiba Inu lead to a strong parabolic increase? Discover.
Shiba Inu Prix breaks the key resistance trend
On the 4 -hour price table, the resumption of Shiba Inu has crossed a long -standing downward trend line. Currently, the price of Shiba Inu tests the level of fibonacci from 23.60% to 0.00001619 $.
With the trend rupture, Shiba Inu form also a potential pattern of inverted head and shoulder. This model is generally considered a very optimistic indicator for an inversion rally.
The hull pattern neckline is at $ 0.00001680, slightly above the fibonacci level of 23.60%. In the middle of the recovery, the DMI indicator has shown a positive crossing between lines VI, with a minor increase in the sloping ADX indicator.
As the indicators indicate the potential of restarting the bullish trend, an increase in the ADX line would lead to an increase in momentum. As the meme piece approaches, the Bollinger Superior band will act as a resistance.
While Shiba Inu holds above the 20-day SMA and shows a positive trend in the lower Bollinger strip, the chances of continuation to the trend are significantly higher. Indeed, the lower Bollinger strip compresses the trend, while the upper flat strip of Bollinger indicates a consolidation before a potential escape.
Thus, the increased pressure suggests that an bullish escape can be on the horizon.
Whale holdings and market impact
In the middle of the chances of a bullish break, Shiba Inu Hancient have seen a major change since the beginning of 2025.
Portfolios with 100 to 1 Billion of Billions of Shibs of Shibs experienced a decrease of 1.92%, while the shib band of 1 Billion to 10 Billions dropped by 0.90%. The detention strip from 10 to 100 billion to 100 billion Shib also experienced a drop of 0.42%.
Surprisingly, the 10 -double sampon strip to 100 billion increased by 3.79%, indicating a strong accumulation trend among the largest SHIB holders. This suggests that the whales have slightly reduced their assets. However, the hands of more huge whale diamonds refer to a potential rebound.
SHIBA Inu Prix Targets: Can SHIB reach $ 0.00000020?
As whales are likely to increase their bets on Shiba Inu, the price action indicates a potential rally in small groups. Depending on the levels of fibonacci, the inverted head and shoulder breaking rally will likely reach the Level of fibonacci of 61.80% to the psychological brand of 0.00000020.
This explains a potential up almost 25%. On the other hand, the crucial support for Shiba Inu Remains the Bollinger group less than 0.0000001524 and the 0.0000001368 Support level.
Difles: This content is informative and should not be considered financial advice. The opinions expressed in this article may include the author’s personal opinions and do not reflect the basic opinion of cryptography. Readers are encouraged to do in -depth research before making investment decisions. The Crypto Basic is not responsible for financial losses.