Shiba Inu’s Whale Activity Explodes — What’s Next for SHIB Price?
Whale activity around Shiba Inu has surged, signaling that big players are making bold moves behind the scenes. These large-scale transactions often precede significant price shifts, prompting speculation about SHIB’s next direction. As the meme coin stabilizes near key technical levels, the market is watching closely to see whether this accumulation phase sparks a fresh rally—or a new wave of volatility.
Shiba Inu Shows Potential Despite Recent Dips
Shiba Inu (SHIB) is showing a slight upward trend, settling between $0.00001107 and $0.00001384. Even after a 10% drop over the past week, the coin maintains steady growth, with a 4.5% uptick over the last month. The current price is close to its 10-day and 100-day moving averages, indicating possible stability. The nearest challenge is at $0.00001549. If it breaks through, the next level is $0.00001826, which means a potential rise of over 30% from current prices. The coin's RSI of 37.35 suggests it's not being overbought, leaving room for more buyers. While past performance shows mixed results, the lower price might attract investors looking for a bargain.
Conclusion
Despite recent price dips, Shiba Inu remains on the radar thanks to heightened whale activity and a technical setup that suggests potential upside. If SHIB can break above nearby resistance levels, it may regain momentum and attract broader investor interest. As the meme coin market stirs, Shiba Inu—and similarly undervalued tokens—could be primed for the next upswing.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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