Shiba Inu (SHIB) is at a pivotal moment as it tests its 26-day Exponential Moving Average (EMA), a key resistance level that could determine its short-term trajectory. After a prolonged downtrend, SHIB has managed a recovery, inching toward this crucial barrier.

As it tests its 26-day Exponential Moving Average, Shiba Inu is currently encountering a significant technical obstacle. The asset's near-term trajectory will probably be determined by the outcome of this level, which has historically served as a significant resistance point.

The 6-hour chart illuminated that SHIB was trading under a local resistance at $0.0000138, a level that rebuffed the bulls on the 16th of March.

Shiba Inu price has been facing a downturn over the past few months, dropping nearly 63% since December 2024. Despite this, a key metric has shown positive signs that may help the meme coin recover.

Prominent crypto chart analyst Ali Martinez has shared insights into his trading strategy, demonstrating how disciplined execution and risk-reward balance have helped him generate significant profits despite occasional setbacks. What Happened: In an X post on Monday, Martinez emphasized that losses are an unavoidable part of trading but managing them effectively ensures that winning trades outweigh the losses over time.

Shiba Inu is gaining momentum as its price breaks above the critical 100-day moving average, a sign that bullish sentiment may be strengthening. This breakout marks an important shift in SHIB's market structure.

A prominent Wall Street expert has weighed in on Shiba Inu (SHIB) reaching $0.01, noting that with its current price at $0.000012, such a surge would require an 85,800% increase, a challenge despite ongoing token burns. Meanwhile, crypto whales are doubling down on Mutuum Finance (MUTM), currently in its presale at $0.

A recent report published by the on-chain data aggregator CryptoQuant shows that the second largest meme cryptocurrency, Shiba Inu (SHIB), has faced a massive decline in one of its key metrics – the SHIB reserve stored on crypto exchanges.

"I'm sure he will have a lot to talk about once he returns to socials," LUCIE stated.

Despite being incredibly diverse and varied, the cryptocurrency market often tends to end up in a ‘winner takes all' scenario.

As fresh data points to a sharp drop in whale activity, Shiba Inu is still having trouble on the market. Large-holder inflows have decreased by an astounding 85% in the last week, according to the most recent on-chain metrics, indicating a precipitous drop in investor confidence.

Shiba Inu (SHIB) burn rate shot up 50,000% in the past day with a massive 13 million tokens being removed from the circulating supply.

Shiba Inu (SHIB) has been on a downtrend because of a bearish sentiment in the broader crypto market. However, analysts are bullish that Shiba Inu price could be on the verge of a breakout that could lead to 2x or 3x gains.

Shibburn blockchain data aggregator spreads the word about a massive five-digit increase in the burn rate over the past day.

Shiba Inu burn rate once again propelled significant investor optimism by gaining over 1500% on Monday. The latest burn metrics signaled that roughly 13 million coins were ditched from the crypto's circulating supply intraday.

The burn rate of Shiba Inu (CRYPTO: SHIB) has skyrocketed by over 62,000%, resulting in the removal of 505 million SHIB tokens from circulation within a single day. What Happened: The burn rate of Shiba Inu surged by an astounding 62,000%, leading to the permanent removal of 505.6 million SHIB from circulation.

They were said to be dead, those brave SHIB. But the team is barking, burning tokens in batches and preparing a revenge that could bite much harder than expected.

Large holders are leaving the market at an alarming rate, which is a worrying trend for Shiba Inu. Recent data shows a startling 70% drop in whale transactions, pointing to a significant change in institutional and high-net-worth investors' attitudes.

Shiba Inu's price action in the past 24 hours has been characterized by a brief recovery after hitting a low of $0.00001237. This 24-hour price recovery is part of a 15% recovery after Shiba Inu reached a low of $0.00001102 on March 11, which is its lowest point in over a year.

Shiba Inu (SHIB) is once again attempting to recover lost ground, but strong resistance and an ongoing downtrend continue to limit its upside potential. Currently hovering around $0.000012, this level has acted as a crucial support zone in recent months.

The official SHIB social media marketing expert, known to the community under the pseudonym Lucie, has addressed the SHIB army. Her message was particularly aimed at those who have been criticizing and underestimating SHIB and its layer-2 solution, Shibarium.

Shiba Inu (SHIB) is gearing up for a massive 150% surge, with analysts pointing to growing whale accumulation and bullish market sentiment. As SHIB gains momentum, another rising star, Mutuum Finance (MUTM) is emerging as a potential safe haven and a hidden gem still flying under the radar at $0.

Shiba Inu price has been stuck in a downtrend for 100 days, which has raised concerns among investors about when the meme coin could stage a comeback. With selling pressure, dominating the market, SHIB is struggling to regain momentum, thus the question, when will the meme coin end its 100 day price downtrend.

The price of Shiba Inu (SHIB) is recovering after breaking above the $0.00001100 support twice.

The weekend has begun with the market bounce off, according to CoinStats.

Shiba Inu's layer-2 blockchain, Shibarium, is nearing a key milestone as the total number of blocks is set to hit 10,000,000. This remains significant for the Shiba Inu ecosystem, reflecting the network's growing adoption.

The cryptocurrency market finally recovered after losing nearly a trillion in the earlier crash. However, not all crypto tokens are worth holding, and investors should focus on the best one to benefit from amid these changing market sentiments.

Shiba Inu (SHIB) whales are showing initial signs of awakening, according to on-chain data. According to IntoTheBlock data, Shiba Inu's large transaction volume, an indicator that signals whales' activity, has increased by 72.48% in the last 24 hours, reaching $20.85 million, or 1.63 trillion SHIB.

Shiba Inu's lead ambassador, Shytoshi Kusama, has been silent on social media since early March, leaving netizens to ponder over what the pseudonymous marketer and the decentralized crypto's developers are up to.

Shiba Inu price garnered significant investor attention on Saturday, surging against the backdrop of a weekly SHIB burn saga. The latest burn metrics by the coin's community indicated a staggering 535 million tokens destroyed in the past 7 days.

Shytoshi Kusama, the enigmatic Shiba Inu lead, has remained silent on X, bringing his social media presence almost down to zero.

The Shibburn data tracker, popular within the Shiba Inu community, has spread the word about a large spike in the weekly SHIB burn rate when half a billion meme coins have been moved to unspendable wallets.

While Shiba Inu Price is showing early signs of recovery, a massive rally would be needed to hit this milestone.

After hitting recent lows, XRP has recovered, significantly rising by about 20%. After striking important support levels, the asset quickly recovered, giving investors new hope.

Shiba Inu (SHIB 5.64%) is among the leading so-called meme tokens in the market. This is a token that tends to rise and fall on the basis of animal spirits, with speculators and traders largely driving outsize moves in this particular cryptocurrency utilizing (in many cases) leverage to place bets on the direction this token will head over short periods of time.

Shiba Inu's price has crashed into a bear market this year, wiping out $12 billion as its market cap dropped to $7.4 billion.

Check out what suggests that SHIB's valuation might head north soon.

Floki (CRYPTO: FLOKI) is gaining momentum as speculation of problems with trading the meme coin on Coinbase has been disspelled. What Happened: In an X post on Friday, Floki dismissed rumors of a Coinbase delisting, confirming that the platform is only halting trading in New York—a region that accounts for just 2-5% of FLOKI's volume on Coinbase.

The Shiba Inu (SHIB) community has been put on high alert following a crucial warning from Susbarium Shibarium Trustwatch, a Shiba Inu-focused X account dedicated to uncovering scams and protecting the Shiba Inu community.

There are times when price moves on the crypto market seem to follow a predictable path, respecting key levels and playing within the boundaries of well-established indicators. Then there are moments when a coin like Shiba Inu (SHIB) appears to be winding up for something bigger, something that could potentially shift its trajectory big time.

The SHIB burn rate skyrocketed by 27,660% in the past 24 hours, with 503,305,764 SHIB permanently removed from circulation, according to Shibburn. This dramatic increase was primarily driven by a single massive burn of 459,294,504 SHIB, with the remaining amount burned through smaller transactions.

Shiba Inu bulls have staged a mild comeback for the digital currency after more than a week-long SHIB sell-off. While still not out of the woods yet, the price of Shiba Inu was changing hands for $0.00000125, up by 2.87% in the past 24 hours, per CoinMarketCap data.

Popular blockchain tracker Shibburn has published a tweet, notifying the community about a mammoth amount of SHIB has been burned since last morning.

Since the first week of December 2024, the Shibarmy has experienced a choppy market for Shiba Inu (SHIB) akin to Ethereum (ETH). The mid-cap dog-themed memecoin, with a fully diluted valuation of about $7.

The total cryptocurrency market cap has lost more than $1 trillion in the past three months, causing intensified panic selling.

Shiba Inu is not only seeing a decline in price, but also a falling Open Interest. A technical outlook reveals a potential reversal.

Shiba Inu (SHIB) price has gained attention recently, but it is struggling to maintain momentum. Currently, SHIB is hovering near the $0.000011 support level, showing difficulty in recovering.