Global blockchain supervision and query platform

English
Download

Memecoin News: Shiba Inu Holds $0.000010 Range - Chart Hints at 40% Surge

Memecoin News: Shiba Inu Holds $0.000010 Range - Chart Hints at 40% Surge WikiBit 2025-10-26 14:39

Shiba Inu is close to 0.000010 with a solid price range. According to technical charts, there might be a 40% breakout, which will indicate a large upswing

The traders monitor the recently important level of resistance at $0.00001250, which might lead to the start of the drastic upward movement.

According to the chart, SHIB has been moving in a small band around $0.00001018, and selling pressure is lower, while buying is stable.

The support zone between $0.00000950 and 0.00001000, which is rectangular, is offering good support, and this means that the buyers are strongly defending this area.

In technical trading, significant price increases are usually preceded by consolidation of this kind.

Sharp Resistance in Sight Fuels Anticipation

There is a critical point of breakout in the horizontal resistance at 0.00001250. In case the level is violated, the momentum-based purchasing may drive the prices to the level of 0.00001450, which may be depicted by the ascending arrow on the Binance chart.

There is an upward trend in market participation, with X demonstrating a growing interest in a massive move in the near future.

This is an indicator of the resurgence of confidence among retail and institutional traders alike.

The volume patterns are working in favour of the prospective: the trading volumes have dwindled in the course of the consolidation, as oftentimes antecedent of a volatility expansion and a price breakout.

This technical situation resembles previous bullish days of SHIB as tight ranges were succeeded by sharp increases.

Community Optimism Mirrors Technical Strength

The bullish tone is increased by strong interest in the community. The post published by Shib Spain received thousands of likes and views, which suggests that the attention of many investors was attracted.

SHIB is approaching the lowest end of its range, which means that traders are optimistic about an increase in its value in case resistance is breached.

The price movement of the token is also indicative of the altcoin market behavior overall, which implies that SHIB could experience a breakout along with a memecoin revival, particularly in the case of Bitcoin remaining above levels as of late.

Technical patterns are projecting upside of 35-40%. The breakout is the shape of an inverted V, with the buying power having defeated the fading bear power.

The reversal of this trend should be verified by a candle closing higher than $0.00001250, which will draw additional purchasing power.

External Market Environment and Broad Implications.

Along with short-term charts, there are other analyses that point out the potential of SHIB. Market analysts observe that the support level of $0.000010 is very essential; once broken, the market is likely to fall. However, the support has been strong, and it is showing accumulation to continue making gains.

Liquidity can be induced by institutional interest, including whale accumulation spikes and crypto ETF filings.

Together with technical signals such as RSI divergence and EMA crossovers, SHIB is set to trade in an asymmetric rise, which is reflected in speculative interest that would support the upward trend in the fourth quarter of 2025.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

  • Crypto token price conversion
  • Exchange rate conversion
  • Calculation for foreign exchange purchasing
/
PC(S)
Current Rate
Available

0.00