Shiba Inu (Shib) falls under the crucial support at its lowest level for 3 months: what is the next step?

TL: DR;

• The entire cryptocurrency market has become red daily, but as usual, most memes pieces have dropped much harder.
• Shiba Inu is among the least efficient, having dropped 11 % in the last 24 hours to reach its lowest level for several months. What is even more worrying is that Shib is currently below a crucial support line.

The second largest coin, the same, has traveled the post-electoral bullish cycle impressively, from around $ 0.000016 to a summit over several months of more than $ 0.000033. Thus, its valuation doubled in a month, its peak being reached on December 8.

However, he failed to maintain his impetus, even if active ingredients such as BTC, XRP, ADA, XLM and DOGE continued to climb and started to gradually lose value.

In fact, its peak of 2025, reached on January 18, was $ 0,000025, 25 % less than the summit reached at the end of 2024. The following week was also turbulent and unfavorable for Shib, perhaps due to The Trump tokens mania because its price has dropped further at $ 0.0002. At one point, it’s even lost His place in the second row in his field, after the same corner launched by the American president.

Despite the recent bullish predictionsThe last 24 hours have brought even more pain to Shib. Alongside the rest of the marketThe self -proclaimed killer of Dogecoin fell 11 % at its lowest level since early November, less than $ 0,000018.

This drop could be even more significant because it pushed Shib below a “critical” support line. According to Popular Crypto Analyst Ali Martinez, this crucial level for SHIB price dynamics is between $ 0.0000185 and $ 0.0000212.

The asset has dropped below the two now, and it will be essential to see if he will close the day in such an unfavorable place, which could trigger even more suffering for the Haussiers Shib.

The range from $ 0.0000,185 to $ 0.0000212 is the most critical support area for #Shibainu $ Shib! pic.twitter.com/mkxcytvqs1

– Ali (@ali_charts) January 27, 2025