Shiba Inu Price Forecast: Will SHIB Endure the Pressure of Inflation?
Impact of Rising Inflation on Crypto: U.S. inflation is projected to reach 3.1% year-over-year in November, leading to cautious market sentiment and reduced appetite for speculative assets like Shiba Inu (SHIB), as investors prefer safer options amid uncertainty regarding Federal Reserve rate cuts.
Current SHIB Price Trends: SHIB is trading around $0.00000749, showing bearish pressure with potential support levels at $0.0000072 and $0.0000065. The price has struggled to recover, indicating a downtrend that remains intact until it breaks above the 20-day moving average.
Macroeconomic Factors Influencing Market Sentiment: The ongoing inflation and high borrowing costs are hindering the attraction of new capital to risk assets like SHIB, while the absence of a recent CPI report adds to market uncertainty.
Future Outlook for SHIB: Economists predict inflation may ease to around 2% by mid-2026, which could restore risk appetite for altcoins like SHIB by late 2025. In the short term, traders should monitor the $0.0000074 support level for potential minor bounces, but a significant breakout above $0.0000090 is necessary for a trend reversal.
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Technical Analysis for SHIB
Technical Sentiment Analysis for Shiba Inu (SHIB) As of , Shiba Inu (SHIB) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SHIB stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, SHIB is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Shiba Inu (SHIB) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00000306 | 0.00000407 | 0.00000523 | 0.00000624 | 0.0000074 | 0.00000841 | 0.00000957 |
| Fibonacci | 0.00000407 | 0.0000049 | 0.00000541 | 0.00000624 | 0.00000707 | 0.00000758 | 0.00000841 |
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