TLDR
- Technical analyst Javon Marks predicts a 528% powerful force for Shib, which potentially reaches $ 0.000081
- SHIB currently trade at $ 0.0000129, a decrease of 0.4% from intra-day high
- Hidden bullish divergence formed on shib’s chart and signals underlying strength
- Token Burn activity has increased by 2.2 million tokens burned in 24 hours (278.42% increase)
- Conflict data shows Baisseish feeling in financing levels but possible accumulation phase with exchange outflows
Shiba Inu, the popular Meme Cryptocurrency, shows mixed signals in the latest marketing activity. While some technical analysts remain very optimistic in terms of its future price measures, short -term indicators suggest that Bears can be controlled.
Currently trading in $ 0.0000129 and has experienced a smaller dip of 0.4% from its high day.
This price point represents a critical time for the token, as it marks the middle class level in a two -month trading pattern. The failure to keep this support level has caused concern among some market guards.
Despite the recent weakness, technical analyst Javon Marks maintains a strongly causal vision. His analysis suggests that SHIB could increase by 528%and potentially reach 0.000081 $ in the near future.
Notices, this projection bases on Shib’s technical installation and accumulation patterns after a successful re -tasting of a breakout level. The token gathered at a seven -month altitude of $ 0.00003329 in December 2024 before retiring to $ 0.0000108.
This correction, according to Marks, was part of a normal technical structure that sets the stage for a more extensive rally.
A key factor that supports the haissertured is that the hidden hausseartan divergence is formed on Shib’s chart. This technical pattern often signals underlying market power even when short -term indicators suggest weakness.
The divergence usually occurs when the price maintains higher lowness, while instantum indicators form lower lowness, which signals a potential continuation of the existing trend.
On-Chain Metrics showing mixed signals
The data on the chain presents a more complex picture of SHIB’s market dynamics. Change in the exchange network has remained negative since January 2025, which indicates that more tokens are leaving exchanges than to enter them.
This metric is often interpreted as reduced sales pressure and increased accumulation.
However, financing frequency data reveals an increasing baissey feeling in recent days, with the speed that drops below zero. Open interest has also fallen since April 26, which indicates to weaken Hausse judgment.
The average coin age has lacked a strong trend over the past month, unlike the January-marks period when it showed clear network-comprehensive accumulation.
Active address data shows an increase in early May, followed by decreasing activity, which can represent either sales pressure or, in combination with exchange outflows, strategic accumulation.
The 30-day MVRV (market value at realized value) has moved into negative territory. Some analysts interpret this as an early sign that the sales pressure from short -term holders may fall.
Token Burn activity has emerged as another positive factor for Shib. New data from Shibburn reveals 2,219,043 tokens burned over a 24-hour period, which corresponds to an increase in the wealth of 278.42%.
During the week, an even more dramatic 313,950 965 tokens were removed from circulation, which marked an increase of 324.14% in the wealth.
The burning mechanism reduces SHIB’s circulating range, which can support price estimate in combination with stable demand.
Long -term holding behavior also presents a positive signal. The number Investors who keep shib For over a year has increased steadily since mid -2022 and continues to increase in 2025.
At the same time, short -term traders (those who hold for less than a month) have decreased by 36.5%. Medium visibility holders, or “cruisers”, have grown by 3.15%.
This change in the holder’s composition suggests that SHIB matures as an asset, with investors who adopt longer time horizons rather than speculative short -term positions.
The token currently deals with a two -month design, with price measures that indicate that bears are being able to control in the short term.
After falling under the middle -class support of $ 0.0000129, Shib seems more likely to test low lows before trying to challenge the range.
The latest reports have emphasized sales pressure from puppies, which contributes to the baisse -like short -term prospects.
