• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Growth Prospects: Shiba Inu (SHIB) Stabilizes

user avatar

by Giorgi Kostiuk

2 months ago


Shiba Inu (SHIB) is demonstrating potential for recovery following a significant price correction. Analysts predict a possible substantial rally.

Stabilization and Recovery Signs

In December 2024, SHIB reached its strongest price point in eight months at $0.00003330, followed by a corrective phase reducing the price by 44%. The token has now stabilized in the $0.00002 range. Analysts suggest that Shiba Inu has found a local bottom, indicating potential for upward momentum.

Key Resistance Levels

Analysts emphasize the importance of the $0.000025 level for maintaining bullish growth. Surpassing this level with strong trading volume could lead to a retest of its December high of $0.000033 and potentially reach new heights.

Broader Market and Expectations

Improved sentiment in the cryptocurrency market, driven by Bitcoin’s recovery to $100,000, creates favorable conditions for SHIB. The token demonstrates resilience amid market fluctuations, highlighting the potential for significant recovery.

Shiba Inu has the potential for growth, supported by stabilization and technical indicators pointing towards upward momentum. Market and trends dynamics will play a crucial role in determining the token's future.

0

Share

Other news

Ethereum Price May Drop Due to Weak Stock Market

Analyst Benjamin Cowen predicts Ethereum's price may decline owing to stock market weakness and macroeconomic factors.

user avatarGiorgi Kostiuk

a few seconds ago

Trump's Tariffs Shake Crypto and Global Markets

Trump's tariffs caused a sharp drop in crypto and global markets: Fear Index plummets to 25.

user avatarGiorgi Kostiuk

a few seconds ago

Qubetics Cryptocurrency: Interoperability and Growth Potential

Qubetics offers unique blockchain interoperability and promises high growth potential.

user avatarGiorgi Kostiuk

a minute ago

Cryptocurrencies in National Reserve: US Initiative

Donald Trump's announcement of a US crypto reserve including Bitcoin and Ethereum sparks a global discussion on digital assets.

user avatarGiorgi Kostiuk

2 minutes ago

XRP Price Update: Preparing for a Downturn?

XRP holds near the $2 level; market analysis shows potential shifts in the crypto market.

user avatarGiorgi Kostiuk

8 minutes ago

JAMining Gains FCA Certification, Enhancing Cloud Mining Accessibility

JAMining expands access to cloud mining with FCA certification and new plans from $100.

user avatarGiorgi Kostiuk

8 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.