{"id":6499,"date":"2025-08-19T05:00:26","date_gmt":"2025-08-19T05:00:26","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/analyst-says-shiba-inus-0-000010-support-could-trigger-major-bounce\/"},"modified":"2025-08-19T05:00:26","modified_gmt":"2025-08-19T05:00:26","slug":"analyst-says-shiba-inus-0-000010-support-could-trigger-major-bounce","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/analyst-says-shiba-inus-0-000010-support-could-trigger-major-bounce\/","title":{"rendered":"Analyst Says Shiba Inu\u2019s $0.000010 Support Could Trigger Major Bounce"},"content":{"rendered":"<p>According to reports, <a href=\"https:\/\/www.coingecko.com\/en\/coins\/shiba-inu\" target=\"_blank\" rel=\"noopener nofollow\">Shiba Inu<\/a> (SHIB) fell 4.50% in the past 24 hours as the wider market moved sideways. The token\u2019s seven-day retracement likewise sits at 4.50%, and it is down about 35.5% year-to-date while trading outside the top 20 cryptocurrencies by <a href=\"https:\/\/coinmarketcap.com\/currencies\/shiba-inu\/\" target=\"_blank\" rel=\"noopener nofollow\">market cap<\/a>. At the time of reporting, SHIB\u2019s market price was $0.00001261.<\/p>\n<h2>Shiba Inu Weekly Support Levels Hold<\/h2>\n<p><a href=\"https:\/\/www.tradingview.com\/chart\/SHIBUSDT\/IBl4WnoV-SHIBUSDT-major-weekly-support-of-0-000010-is-strong\/\" target=\"_blank\" rel=\"noopener nofollow\">Analyst MMB Trader<\/a> has pointed to two weekly support lines at $0.000010 and $0.000007 that have repeatedly absorbed selling pressure. SHIB dropped to $0.00000714 in July 2022 after an 88% fall from its 2021 peak of $0.00008854, and buyers pushed it back up.<\/p>\n<p>The popular memecoin came back to that area in June and October 2023 and regained footing. This year, the token revisited around $0.000010 in March, April, and June and bounced each time. Those moves suggest there are price zones where demand has shown up.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"aligncenter size-full wp-image-806354\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/08\/a_1e248b.png?resize=1024%2C450\" alt=\"\" width=\"1024\" height=\"450\" loading=\"lazy\" \/><\/p>\n<h2>Analyst&#8217;s Targets And Recent History<\/h2>\n<p>Based on reports, the analyst laid out a step-up of targets if SHIB clears its <a href=\"https:\/\/www.investopedia.com\/terms\/d\/descendingtriangle.asp\" target=\"_blank\" rel=\"noopener nofollow\">descending trendline<\/a>. The first target is $0.00003364, a close to 170% rise from $0.00001249 at the time of reporting.<\/p>\n<p>The next level is $0.00005480, an increase of approximately 330%, and a distance benchmark at $0.00007716 suggests around 500% increase. SHIB&#8217;s own past provides some background: it climbed from $0.00000967 to $0.00004567 on March 5, 2024, on a meme-coin frenzy, and regained to $0.00003343 in December 2024 before again retreating.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.tradingview.com\/x\/4OuXoNOB\/\" alt=\"\" width=\"2795\" height=\"1343\" loading=\"lazy\" \/><\/p>\n<p>Models also give more modest short-term views; one forecast puts <a href=\"https:\/\/coincodex.com\/crypto\/shiba-inu\/price-prediction\/\" target=\"_blank\" rel=\"noopener nofollow\">SHIB at $0.00001324<\/a> by September 17, 2025. Big swings have happened here before, but they came with heavy volume and wide attention.<\/p>\n<p>Market Snapshot And Close<\/p>\n<p>Current sentiment measures look mixed. The Fear &amp; Greed Index reads 60, which sits in the Greed zone, while technical indicators show a Bearish tilt at the moment. SHIB recorded 14\/30 green days (47%) and roughly 7.02% price volatility over the last 30 days.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"wp-image-806350 size-full\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/08\/a_d5ff79.png?resize=1024%2C285\" alt=\"\" width=\"1024\" height=\"285\" \/><\/p>\n<p>Traders should note that those readings can flip quickly. If weekly support holds and a catalyst pushes volume up, the mood could shift. If those supports fail, the picture could darken fast.<\/p>\n<p>Meanwhile, volume and on-chain flows will be crucial going forward. A breakout candle that lacks rising volume may not last. Watch exchange inflows and whale transfers because large moves onto exchanges often precede selling.<\/p>\n<p><em>Featured image from Meta, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to reports, Shiba Inu (SHIB) fell 4.50% in the past 24 hours as the wider market moved sideways. The token\u2019s seven-day retracement likewise sits at 4.50%, and it is down about 35.5% year-to-date while trading outside the top 20 cryptocurrencies by market cap. At the time of reporting, SHIB\u2019s market price was $0.00001261. Shiba&hellip;<\/p>\n","protected":false},"author":1,"featured_media":6500,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[12,22,51,55,163,105,106],"class_list":["post-6499","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency-market-news","tag-altcoins","tag-bitcoin","tag-crypto","tag-cryptocurrency-market-news","tag-memecoins","tag-shib","tag-shiba-inu"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/6499","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=6499"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/6499\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/6500"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=6499"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=6499"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=6499"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}