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

Shiba Inu: Accumulation Phase May Lead to Breakout

user avatar

by Giorgi Kostiuk

a year ago

Shiba Inu, a popular cryptocurrency, is in an accumulation phase, which could signal a future price surge.

Projected Price Breakout

Prominent analyst SHIB Knight predicts that Shiba Inu could break out of its accumulation phase, increasing by 42.6% to $0.000037. Sustained interest and investor expectations may lead to a significant uptick in token value moving forward.

High-level consolidation often precedes a substantial price breakout.SHIB Knight

Technical Indicators

Shiba Inu recently broke above the symmetrical triangle pattern, suggesting a potential price increase. The relative strength index (RSI) stands at 61.61, and the MACD indicates a possible bullish crossover, supporting an optimistic outlook.

Current State of Shiba Inu

Currently trading at $0.00002688, Shiba Inu has a market capitalization of approximately $15.43 billion, maintaining its position as the second largest meme coin by market cap.

Shiba Inu's accumulation period could be the catalyst for future growth. Investors are closely watching for a breakout that could significantly increase the cryptocurrency's value.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Ethereum's Fusaka Upgrade Introduces Key Protocol Improvements

chest

The Fusaka upgrade introduces key protocol improvements for Ethereum, enhancing network efficiency and security through several Ethereum Improvement Proposals (EIPs).

user avatarSatoshi Nakamura

Fusaka Upgrade to Enhance Ethereum's Blob Capacity and Fee Market

chest

The Fusaka upgrade will implement several changes to blob capacity and fee structures to stabilize costs.

user avatarJesper Sørensen

Altcoin Season Index Indicates Bitcoin Dominance

chest

The Altcoin Season Index currently suggests a market still centered around Bitcoin despite speculation of an altcoin season.

user avatarLucas Weissmann

Bitcoin Price Manipulation Speculated by Analyst

chest

Matthew Hyland speculates that recent Bitcoin price volatility may be due to manipulation by traditional finance entities.

user avatarRajesh Kumar

Zama Purchases KKRT Labs to Improve Blockchain Scalability.

chest

Zama has acquired KKRT Labs to enhance its blockchain scalability and confidentiality capabilities.

user avatarFilippo Romano

Avalanche Set to Implement Granite Mainnet Upgrade

chest

Avalanche is preparing for its Granite Mainnet upgrade on November 19, 2025, which aims to enhance scalability and utility amidst recent price fluctuations.

user avatarEmily Carter

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.