Shiba Inu continues to show signs of structural maturity, although its price remains fluctuating below critical resistance levels. Analysis indicates an increase in coin holding times, which significantly alters investor behavior.
Trends in Shiba Inu Holding
According to on-chain data, the average holding time of SHIB has increased by 106%. This reflects a significant change in investor behavior from short-term speculation to long-term holding. This extended holding reduces overall market volatility and instills confidence in future gains.
Current Price and Support Levels
SHIB continues to trade close to a fundamental support level at $0.00001160. From a price action perspective, this behavior might seem minimal, but could serve as a foundation for a potential bullish reversal. Maintaining above the psychological mark of $0.000011 will be crucial for further growth.
Future Prospects for Shiba Inu
Although SHIB's price has not shown significant changes yet, the increase in holding times may indicate stability and maturity of the asset. If SHIB successfully breaks through the resistance levels at $0.00001299 and $0.00001374, a short-term trend reversal would be confirmed. Investors may want to observe this development.
Shiba Inu exhibits characteristics of structural maturity despite its current price state. Patient investors may witness potential growth.
