Shiba Inu (SHIB) has demonstrated remarkable resilience since surpassing the $0.00003 price level. As the meme coin aims to reclaim its all-time high (ATH), analysts highlight critical resistance points that could determine its next major price movement. Data from crypto analytics platform IntoTheBlock (ITB) reveals pivotal thresholds SHIB must overcome to sustain its bullish momentum.
Current Market Position and Resistance Levels
Profitability Metrics:
- 1.1 million SHIB addresses are currently in profit.
- Breakeven price for 18,360 addresses: $0.000035–$0.000037.
- Key Resistance Range: $0.000057–$0.000131 (where 84,120 addresses hold 29.72 trillion SHIB).
The meme coin’s recent surge to a 52-week high of $0.00004534** signals strong bullish momentum, backed by a **238.94% year-to-date growth**. SHIB’s ability to flip **$0.00001 into a solid support level further underscores its upward trajectory.
Catalysts Fueling SHIB’s Growth
- Shiba Inu Burn Campaign:
Active token burns reduce circulating supply, creating a favorable supply-demand balance.
👉 Learn how token burns impact SHIB’s price dynamics - Broader Crypto Market Hype:
Bitcoin ETF-driven optimism and the meme coin rally are amplifying investor interest in SHIB. Price Targets:
- Short-term: $0.00005
- Long-term: $0.00007
FAQs
Q: What is SHIB’s most critical resistance level?
A: The $0.000057–$0.000131 range is the largest cluster of investor entry points, making it a decisive barrier.
Q: How does the burn campaign benefit SHIB?
A: By reducing supply, burns increase scarcity, potentially driving prices higher if demand remains steady.
Q: What external factors support SHIB’s rally?
A: Bitcoin ETF inflows and the meme coin trend are key macro catalysts.
Strategic Outlook
For SHIB to breach multi-year resistance, sustained demand and ecosystem developments—such as Shibarium upgrades—will be essential. Traders should monitor on-chain data for shifts in holder behavior and exchange flows.
👉 Explore SHIB’s real-time analytics for informed trading
Disclaimer: This content is for informational purposes only. Always conduct independent research before investing.
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