The price of Shiba Inu, a popular meme-based altcoin, remains stable despite recent market fluctuations. Large holders have accumulated 30,000 billion SHIB, a sign of confidence. The asset remains firm above the $0.00002 support level, maintaining its bullish momentum. Investors are closely watching potential gains as the accumulation suggests an uptrend in the coming sessions.
Can Shiba Inu Price Rebound as Top Holders Amass 30 Trillion SHIB?
Shiba Inu price is showing signs of potential recovery as major holders have accumulated nearly 30 trillion SHIB tokens. This accumulation of whales, observed in recent weeks, indicates a growing interest in long-term holding rather than speculative trading.
The reduced availability of SHIB on exchanges could create favorable conditions for a price surge if buying pressure intensifies.
SHIB Active Tackles Spikes After Fall, Will the Shiba Inu Soar?
SHIB price activity has shown a significant correlation with active address spikes, as recent measurements show. The first chart highlights a consistent trend: an increase in active addresses following a price decline often triggers a subsequent price recovery.
Historical data reveals how increased network activity propels momentum, perhaps hinting at renewed investor interest when prices are lower.
The second chart reflects a similar trend, with Shiba rebounding from the peak of active addresses on January 1, 2025. The number of active addresses reached 221, reinforcing the trend that increased participation coincides with price movements. This trend raises the possibility of further price increases if current address activity maintains upward pressure.
Will SHIB Price Skyrocket Again? Market participants are closely monitoring these spikes for potential trends, given past rallies following address surges. The recent rise suggests renewed network engagement, perhaps signaling bullish sentiment.
SHIB Price Analysis and Forecast
THE last price SHIB is trading at $0.00002009, showing a slight decline of 1% in the last 24 hours. THE coin consolidated near a key support level of $0.00002000, with limited price movement.
SHIB recently attempted a breakout, but failed to maintain momentum above $0.000025. The price is currently holding above the $0.00002 support, which has been tested several times.
A failure below this level could push the Shiba Inu Price Forecast towards the next major support level, $0.00001500. Conversely, a rebound from this support could lead to a retest of the resistance levels at $0.00002500 and $0.00003000. The RSI stands at 45.55, indicating that SHIB is neither overbought nor oversold.
Shiba Inu price remains at a critical juncture as whale accumulation and increased active addresses signal upside potential. A sustained increase in investor participation could push SHIB towards key resistance levels.
Frequently Asked Questions (FAQ)
Whale accumulation and strong support at $0.00002 keep SHIB stable despite market fluctuations.
This shows confidence among large holders, reducing selling pressure and hinting at a potential price rise.
Historically, price recoveries have followed increased network activity, suggesting possible bullish momentum.
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Disclaimer: Content presented may include the author’s personal opinion and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or publication assumes no responsibility for your personal financial loss.
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