HomeCoinsShiba Inu Coin Prediction: Market Tension Meets Rising Momentum

Shiba Inu Coin Prediction: Market Tension Meets Rising Momentum

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Key Insights :

  • SHIB was trading at $0.00001446, just above two liquidation zones that could have led to fast rises above $0.00001466 or large drops below $0.00001428.
  • The cryptocurrency has met resistance at $0.000015356 and support at $0.000014157, as new lower highs suggest a possible downturn.
  • After the RPC update in Shibarium, SHIB’s trend stabilized and matched the higher volatility seen on the chart.

Shiba Inu coin prediction charts, including price and liquidation map, showed rising tension, but positive network news could shift the current downward momentum.

Shiba Inu Coin Prediction: Price Movements to Define the Battle Zone

Shiba Inu coin prediction on the 4-hour chart on Binance showed a rejection around $0.000016097 after gaining from $0.000012221 to $0.000017296.

The price of SHIB then retraced to $0.000014443, just above the $0.000014157 mark, which might serve as a short-term support.

Should this level fail to hold, SHIB could slide toward the $0.000013304 level or even dip to $0.000012221.

Shiba Inu coin price chart
Shiba Inu coin price chart | Source: TradingView/Coinglass

Resistance remained strong at $0.015356, where multiple failed attempts to break higher suggested a growing bearish pressure.

If bullish power returned and the price went above this level, it might head for $0.000016097.

However, continued refusal to trade at support could result in a breakdown below those levels. Open Interest was 4.25 Billion as January came to an end and 3.553 Billion in early February, showing lost of interest.

The trend of making lower tops at the time of writing pointed to a bearish situation unless the bulls managed to pass $0.000014756.

In general, SHIB remained in a consolidation phase as the meme coin broke below $0.000014157 and surpassed $0.000015356.

Leverage Pressure Builds Around Key Levels

Moreover, Binance’s Shiba Inu coin prediction map showed the token was stopped at $0.00001446 by important liquidation prices.

With long positions just below $0.00001428, it seemed possible for a drop to lead to downward movement toward $0.00001392 or $0.00001338.

This period also saw a bunch of small liquidations, from $0.00001466 to $0.00001592, forming a strain zone able to refuel a rally if bulls came back in force.

At $0.00001526 and $0.00001540, there were aggressive short positions covering 50 times more currency than the underlying.

Shiba Inu coin liquidation map
Shiba Inu coin liquidation map | Source: CoinGlass

This was why a rise in prices could quickly remove or closed out many short positions. A lot of liquidations at $0.00001392 suggested that a break of that price could lead to losses that escalate quickly.

With liquidation dangers growing at both sides, the market looked set for wild swings.

Whichever side broke out of this zone—whether below $0.01428 or above $0.01466—it might set the tone for the next meaningful price swing.

Shiba Inu Coin Prediction: Network News Aligns with Market Sentiment

On SHIB’s consolidation at $0.00001446, it aligned with ongoing technical tension, but broader sentiment found new footing after a key Shibarium update.

The Shibarium team decided to set limits on public Remote Procedure Call (RPC) endpoints.

The centralized servers would be used less and developers would be asked to operate their very own Shibarium nodes in its place.

As a result, users would have better privacy, fewer endpoints could fail and they could even collect transaction fees.

The move toward decentralization may help investors feel more confident since SHIB proved resilient earlier.

For the previous four sessions, SHIB had risen and an announcement like this may lift more spirits, though it was unclear how it would affect prices right away.

Along with the leverage point and liquidation traps just beneath, the news might make a breakout more likely.

If support was broken, the momentum powering the price could be enough to tank the price despite the positive mood.

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Maria Fernandes
Maria brings readers the latest gossip, movie reviews, celebrity interviews, and trends from Hollywood and Bollywood. She has a sharp eye for what’s trending in entertainment.

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