Shiba Inu (SHIB) Price Prediction For September 12

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Shiba Inu (SHIB) Price Prediction For September 12

• Shiba Inu trades near $0.0000131 after rebounding from $0.0000128 support, testing key resistance levels.
• Analysts flag the 200EMA as the critical barrier, with potential upside targets at $0.000020–$0.000024.
• On-chain flows remain muted, with $403K in outflows highlighting cautious sentiment despite recovery.

Shiba Inu price today is trading around $0.00001314, consolidating after reclaiming the $0.0000128 support zone. The move marks the strongest rebound in two weeks, as traders weigh technical compression against cautious on-chain flows.

Shiba Inu Price Holds Key Support

The daily chart shows that SHIB is bouncing back from defending the $0.0000120–$0.0000128 level several times, which is forming a short-term base. The price is now moving toward the $0.0000135–$0.0000138 resistance area, which is where the 200-day EMA is.

The RSI is at 56, which means there is still room for the price to go up before it gets too high. The Parabolic SAR has turned bullish around $0.0000119, which gives the recovery attempt more strength. If buyers stay in charge, the next test is $0.0000138.

Fibonacci Levels Provide Roadmap

Fibonacci retracement levels from the May–August decline align with the current recovery. The 0.382 retracement sits at $0.00001282, which has now acted as a springboard for price. Overhead, the 0.5 retracement at $0.00001381 and 0.618 at $0.0000147 represent the next hurdles.

A successful break above $0.0000147 would strengthen the bullish case, while rejection here risks another pullback into the $0.0000128 zone.

Analysts Highlight The 200EMA Barrier

Swallow Academy noted that SHIB has repeatedly stalled at the 200EMA during past rallies, but this time the setup is different. They highlighted a “zone of pressure,” where phantom support and the 200EMA overlap, suggesting the potential for a breakout.

Their projection points to $0.000020–$0.000024 if SHIB clears this barrier, though confirmation is still required with a sustained move above $0.000014.

On-Chain Flows Show Caution

Exchange data reflects modest activity. Coinglass recorded a $403,000 net outflow on September 11, indicating light accumulation but far from the strong inflow spikes seen during prior rallies.

This muted participation underscores market caution. Without larger inflows, buyers may struggle to generate the conviction needed for an extended breakout.

Technical Outlook For Shiba Inu Price

Key levels are well-defined:

• Upside: If momentum persists, clearing $0.0000138 paves the way for $0.0000147, with $0.0000159 serving as a secondary target.
• Downside: Losing $0.0000128 exposes SHIB to $0.0000120 and possibly $0.0000118, the 0.236 retracement level.

The battle between short-term momentum and weak on-chain flows will decide which path takes hold.

Outlook: Will Shiba Inu Go Up？

Shiba Inu price remains in a consolidation phase but is showing signs of strength above $0.0000128. Analysts are watching the $0.0000138–$0.0000140 band as the critical breakout point, with upside potential toward $0.0000147–$0.0000159 if cleared.

For now, SHIB holds a cautiously bullish bias. Without stronger inflows, the breakout case may remain fragile, leaving consolidation as a possible outcome if resistance caps the move.