Buy SHIB Now or Regret Later? This Chart May Have the Answer!
Shiba Inu (SHIB) , the meme-inspired token turned DeFi and metaverse contender, continues to attract speculative eyes despite its recent decline. After an explosive run in 2021, SHIB's price action has since cooled , hovering near support zones as investors await a catalyst. The latest daily and hourly charts reveal a tight tug-of-war between bears and bulls — but could a breakout be closer than it appears? Let’s dive deep into the current technical structure and what it could mean for SHIB holders in the days ahead.
The daily chart paints a picture of prolonged bearish pressure. SHIB price is currently trading at $0.00001212 , marking a 2.36% decline for the day. More importantly, the price has continued to reject the 50-day Simple Moving Average (SMA) and remains under all key SMAs — the 20, 50, 100, and 200-day — a clear sign of bearish dominance.
The Moving Average Ribbon (SMA Ribbon) reveals a descending alignment, with no sign of crossover, which generally indicates a sustained downtrend. The 200-day SMA at $0.00001912 is especially significant; reclaiming it would mark a major trend reversal. Until then, SHIB remains in a long-term downtrend .
Volume indicators, while not explicitly shown here, correlate with the Accumulation/Distribution Line (ADL), which is flattening and showing a slight decline — implying that whales and smart money are not actively accumulating at current levels. This weak accumulation could mean investors are waiting for a stronger dip or a news-driven catalyst.
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Switching to the hourly chart, the picture becomes a bit more nuanced. Shiba Inu Price showed a slight intraday rebound , gaining 0.96% from its previous hourly close. However, this bounce ran into immediate resistance at the 50-hour SMA, currently around $0.00001247, and got rejected. This intraday weakness indicates that short-term bulls lack conviction.
Interestingly, the ADL on the hourly chart is attempting to curl upward after forming a base, suggesting small pockets of accumulation during dips. However, this remains weak and inconsistent. The 200-hour SMA looms above at $0.00001309, which now acts as the critical resistance barrier for any short-term recovery.
Despite the minor price uptick, the SMA Ribbon continues to slope downward — reinforcing the idea that any rallies may be short-lived unless a breakout over the 100-hour and 200-hour SMAs occurs with strong volume.
--> Click here to Buy SHIB on Bitget <--
On the daily timeframe, the Heikin Ashi candles are red and flat-bottomed, confirming a strong bearish trend with no significant wicks to the downside — this implies clean selling pressure without much buying support. Unless SHIB price prints a green Heikin Ashi candle with a higher high and longer upper wick, the trend remains unchanged.
The SMA indicators are stacked bearishly (20 < 50 < 100 < 200), forming a classic downward ribbon. This is a textbook sign of a persistent downtrend with little chance of reversal unless a bullish crossover emerges — particularly the 20-day SMA flipping above the 50-day.
The ADL also reflects more distribution than accumulation, weakening the case for a near-term breakout.
On the hourly chart, while a small bounce occurred, the resistance at the 100-hour and 200-hour SMAs proved too strong. The ADL uptick may indicate a short squeeze or opportunistic buys, but it doesn't suggest a trend reversal just yet.
--> Click here to Buy SHIB on Bitget <--
In the near term, if Shiba Inu price fails to hold support at $0.00001200, it could revisit recent lows near $0.00001150. On the flip side, a clean breakout above $0.00001250 with a strong green Heikin Ashi candle and bullish ADL divergence might push SHIB toward the psychological resistance at $0.00001300.
However, a sustainable uptrend would require SHIB price to break above $0.00001370 (the 100-day SMA) and reclaim $0.00001690 to invalidate the bearish structure and regain bullish momentum.
Right now, Shiba Inu is in no man's land — caught between weak support and strong resistance. The daily trend is decisively bearish, while the hourly chart hints at speculative bounces rather than solid accumulation.
Unless a news catalyst, such as a SHIB ecosystem update or broader crypto rally, injects new volume, it’s likely that Shiba Inu price will continue to drift or drop further. For traders, this is a wait-and-watch zone. For long-term holders, any deeper dip may provide a better accumulation opportunity — but only with risk management in place.
Shiba Inu (SHIB) , the meme-inspired token turned DeFi and metaverse contender, continues to attract speculative eyes despite its recent decline. After an explosive run in 2021, SHIB's price action has since cooled , hovering near support zones as investors await a catalyst. The latest daily and hourly charts reveal a tight tug-of-war between bears and bulls — but could a breakout be closer than it appears? Let’s dive deep into the current technical structure and what it could mean for SHIB holders in the days ahead.
The daily chart paints a picture of prolonged bearish pressure. SHIB price is currently trading at $0.00001212 , marking a 2.36% decline for the day. More importantly, the price has continued to reject the 50-day Simple Moving Average (SMA) and remains under all key SMAs — the 20, 50, 100, and 200-day — a clear sign of bearish dominance.
The Moving Average Ribbon (SMA Ribbon) reveals a descending alignment, with no sign of crossover, which generally indicates a sustained downtrend. The 200-day SMA at $0.00001912 is especially significant; reclaiming it would mark a major trend reversal. Until then, SHIB remains in a long-term downtrend .
Volume indicators, while not explicitly shown here, correlate with the Accumulation/Distribution Line (ADL), which is flattening and showing a slight decline — implying that whales and smart money are not actively accumulating at current levels. This weak accumulation could mean investors are waiting for a stronger dip or a news-driven catalyst.
--> Click here to Buy SHIB on Bitget <--
Switching to the hourly chart, the picture becomes a bit more nuanced. Shiba Inu Price showed a slight intraday rebound , gaining 0.96% from its previous hourly close. However, this bounce ran into immediate resistance at the 50-hour SMA, currently around $0.00001247, and got rejected. This intraday weakness indicates that short-term bulls lack conviction.
Interestingly, the ADL on the hourly chart is attempting to curl upward after forming a base, suggesting small pockets of accumulation during dips. However, this remains weak and inconsistent. The 200-hour SMA looms above at $0.00001309, which now acts as the critical resistance barrier for any short-term recovery.
Despite the minor price uptick, the SMA Ribbon continues to slope downward — reinforcing the idea that any rallies may be short-lived unless a breakout over the 100-hour and 200-hour SMAs occurs with strong volume.
--> Click here to Buy SHIB on Bitget <--
On the daily timeframe, the Heikin Ashi candles are red and flat-bottomed, confirming a strong bearish trend with no significant wicks to the downside — this implies clean selling pressure without much buying support. Unless SHIB price prints a green Heikin Ashi candle with a higher high and longer upper wick, the trend remains unchanged.
The SMA indicators are stacked bearishly (20 < 50 < 100 < 200), forming a classic downward ribbon. This is a textbook sign of a persistent downtrend with little chance of reversal unless a bullish crossover emerges — particularly the 20-day SMA flipping above the 50-day.
The ADL also reflects more distribution than accumulation, weakening the case for a near-term breakout.
On the hourly chart, while a small bounce occurred, the resistance at the 100-hour and 200-hour SMAs proved too strong. The ADL uptick may indicate a short squeeze or opportunistic buys, but it doesn't suggest a trend reversal just yet.
--> Click here to Buy SHIB on Bitget <--
In the near term, if Shiba Inu price fails to hold support at $0.00001200, it could revisit recent lows near $0.00001150. On the flip side, a clean breakout above $0.00001250 with a strong green Heikin Ashi candle and bullish ADL divergence might push SHIB toward the psychological resistance at $0.00001300.
However, a sustainable uptrend would require SHIB price to break above $0.00001370 (the 100-day SMA) and reclaim $0.00001690 to invalidate the bearish structure and regain bullish momentum.
Right now, Shiba Inu is in no man's land — caught between weak support and strong resistance. The daily trend is decisively bearish, while the hourly chart hints at speculative bounces rather than solid accumulation.
Unless a news catalyst, such as a SHIB ecosystem update or broader crypto rally, injects new volume, it’s likely that Shiba Inu price will continue to drift or drop further. For traders, this is a wait-and-watch zone. For long-term holders, any deeper dip may provide a better accumulation opportunity — but only with risk management in place.
How Jack Tatar Merged Old Finance with New Crypto Wisdom
Jack Tatar may not be a name that immediately comes to mind when we mention the world of crypto. However, who would have thought that this man who used to study the world of traditional finance would actually become one of the figures who helped bridge old investors with the world of digital assets that are full of risks and opportunities. He doesn’t just write about crypto; he lives in it, long enough to see the hype and the crash come and go.
Jack’s journey did not immediately start from blockchain or Bitcoin. He is the founder of GEM Research Solutions, a market research company that focuses on financial services. At that time, he was more familiar with stock market reports and retirement trend analysis than crypto whitepapers.
However, when Bitcoin began to steal attention in the early 2010s, Jack began to realize that something big was moving beyond Wall Street’s radar. As someone who is used to tracking change, he did not sit still. He studied, wrote, and finally jumped in.
Together with Chris Burniske, Jack then wrote a book titled “Cryptoassets: The Innovative Investor’s Guide to Bitcoin and Beyond.” This book is not just a technical guide, he tries to answer the big question that was still unclear at the time: how do these digital assets actually fit into an investment portfolio?
Rather than just selling a dream, this book discusses how to analyze crypto like we analyze stocks or bonds. And interestingly, Jack always reminds readers to be careful, because crypto volatility is not just a number that goes up and down, but can destroy a wallet overnight.
Furthermore, Jack did not stop in the publishing world. He is now a Managing Partner at Doyle Capital Management, a company that invests in early-stage technology companies, including projects based on blockchain and distributed computing. His focus is clear: technology that can change the way people live.
On the other hand, he is also active as Chair of the Cryptoasset Working Group for the Wall Street Blockchain Alliance. Imagine, someone who used to be busy with pension data is now a liaison between large financial institutions and the crypto world that was previously considered a “young man’s toy.”
What sets Jack apart from most crypto “influencers” today is his humble approach. He prefers to explain crypto concepts in layman’s terms rather than technical terms that only a few people can understand.
He also diligently writes opinions and analyses in various financial media, such as Forbes, including an interesting article titled “Would Satoshi Drive a Tesla?”—a piece that cleverly links Bitcoin philosophy to today’s lifestyle.
Even in his personal life, Jack still displays a unique side. He is part of the amateur radio community and has been accepted into the W2ZQ operator club. Amid the glitz of crypto and technology conferences, he still makes time for simple, calming things, something that many crypto industry players sometimes forget.
Dane z mediów społecznościowych dot. Matrix AI Network
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