Shiba Inu (SHIB) has rebounded alongside the rest of the crypto market, but there is a looming hurdle on the chart that could make or break the next major move.

According to Shibarium Updates, an X account dedicated to sharing insights and updates on the Shiba Inu ecosystem, 881,353,310 SHIB tokens have been burned through the ShibTorch platform.

Shiba Inu (SHIB) recently cleared the $0.000012 resistance level in the crypto market as positive sentiments return to the ecosystem. Despite this development, only 10.62% of accounts are profitable, as the recent uptick has not impacted SHIB holders.

While the net capitalization of the cryptocurrency market is losing value again, the segment of meme cryptocurrencies is sending mixed signals to its audience. Amid all largest dog coins, Shiba Inu (SHIB) shows the strongest performance in the last 24 hours.

One of the altcoins that the market is most interested in, XRP, might be about to make an unexpected bullish breakout. Due to a traditional descending channel breakout formation, the asset is now showing signs of reversing the trend following months of consolidation and downward movement.

Shiba Inu (SHIB) holders may need to brace for a challenging stretch, as historical price data from CryptoRank paints a bearish outlook for the next seven months. While SHIB has seen explosive gains in the pastmost notably in May 2021those moments are rare.

With a SHIB burn of nearly 28 billion tokens in a day, there could be a strong impact on SHIB's price. The burn activity of Shiba Inu (SHIB) is receiving attention once more after a spike.

Fear remains the key emotion in the crypto space even as enthusiasts remain optimistic of a recovery in the foreseeable future. While most majors and meme coins are still under selling pressure, Bitcoin has benefited from its stability.

Amid the recent market downturn, several developments have occurred in the Dogecoin and Shiba Inu ecosystems. These include fundamentals, which provide a bullish outlook for the foremost meme coins.

Bonk (BONK), one of the more energetic players in the meme coin space, is showing signs of a potentially explosive move as it coils tighter within a symmetrical triangle pattern. This classic chart formation, characterized by converging trendlines of lower highs and higher lows, often acts as a pressure booster for price action — the longer the squeeze, the more powerful the breakout tends to be.

SHIB will return to its bullish trend once the buyers push the price above the moving average lines and the positive momentum continues.

Shiba Inu (SHIB) has registered notable price gains in the last 24 hours as it broke a critical resistance level. Given its upward trajectory, SHIB looks set to lose another zero in price as activity picks up on the crypto market.

When looking at Shiba Inu coin price history by CryptoRank, one thing stands out - the next few months might not be kind to SHIB holders. While there is always hope that things could change, the trend is clear - the next seven months could be tough.

In the latest cryptocurrency market update, Bitcoin (CRYPTO: BTC), Solana (CRYPTO: SOL) and Pepe (CRYPTO: PEPE) are all demonstrating potential signs of a bullish reversal, indicating a possible recovery from recent bearish trends. What Happened: According to data, Bitcoin is testing a key technical formation that could reverse its recent bearish trends.

AI agent tokens and meme coins both took a hit in Q1 as the broader crypto market fell 18.6% from market peaks in January. But both sectors dominated the crypto narratives over the same time period.

Shiba Inu reaches a resistance level that might become an unbreakable wall for the asset in its current shape and form as it struggles with low momentum and substantial on-chain resistance. Over 20,000 addresses bought a massive amount of SHIB at the $0.000012 mark, or roughly 18.83 trillion tokens, according to recent on-chain data.

In a move that caught the attention of the Shiba Inu community, 16,682,282 SHIB tokens were transferred to a dead wallet and burned at one go, according to data from Shibburn.

Shiba Inu price has not made any meaningful gains over the past month, as meme coin traders remain cautious due to uncertainty caused by tariffs and the trade war. However, one top trader has used an Elliott Wave analysis to identify a bullish outlook for SHIB, suggesting that it may be on the verge of

SHIB bulls could be in for some good news - here's what's brewing.

Shiba Inu trades at critical resistance while 59% of traders are bearish, but experts remain optimistic with price poised for potential breakout.

Pepe (PEPE), one of the most recognized meme coins, is showing early signs of a bullish reversal, mirroring a recent setup seen in Solana. The token has broken above its 50-day Exponential Moving Average (EMA), a critical resistance level that historically marks the start of upward trends.

Cryptocurrencies are off to a rough start in 2025. The total value of all coins and tokens in circulation currently stands at $2.7 trillion, which is down about 20% for the year.

Shiba Inu meme coin has recently rattled the crypto market by following one of the latest trends in the sector. The crypto's team shared an X post this Friday that read, “Shib is for everyone.

Shiba Inu (SHIB) recently encountered resistance as a local death cross formed on the four-hour chart, where the 23-period moving average slipped below the 50-period one. This technical crossover triggered a 2.65% drop, pushing SHIB down from its attempt to break above a short-term structure near $0.00001194.

Experts remain bullish on SHIB despite market uncertainty, predicting a potential surge to $0.0000600 by 2025.

Bitcoin is showing signs of recovery as it tests a crucial technical formation that has the potential to change the perception of its recent bearish trends. The market leader may be on the verge of invalidating the death cross, a bearish signal that occurs when the 50-day moving average crosses below the 200-day moving average following weeks of consolidation and erratic trading.

The Shiba Inu price continues to attract the attention of analysts, who are watching for its next potential move. A recent report from Finder, based on the insights of 26 crypto industry experts, reveals a cautiously optimistic outlook for SHIB.

According to Wifi Dabba CEO and founder Karam Lakshman, India's rapid digital growth has outpaced its broadband infrastructure, leaving hundreds of millions without stable access. He believes decentralized networks may offer a way to bridge that gap, using global capital, local deployment partners, and tokenized incentives to scale internet access cost-efficiently.

The Shiba Inu price is indicating that it can bounce back as investors attempt to gain control of the popular meme token's price action. SHIB appears to be creating trends that would assist in propelling it to the crucial price of $0.00002.

The meme coin Shiba Inu (SHIB) recently faced a technical barrier it could not overcome, despite some early attempts. On the four-hour chart, the 23-period moving average crossed below the 50-period one — forming a local death cross — and the price reacted accordingly.

An industry expert panel sets targets for Shiba Inu's year-end price, hinting at 235% growth for the popular canine coin.

While the Shiba Inu price has crashed by 65% from its November highs, one crypto analyst believes it is too resilient to fail and that it is much better than other meme coins like Dogecoin and Pepe. As such, if her reasons are correct, the SHIB price will likely bounce back in the long term.

Shytoshi Kusama, the leader of Shiba Inu, has been quiet for nearly three weeks. But now, he's back with a short, mysterious message, “Next week let's go back to it, can we?” This has made the SHIB community excited, thinking something big might be coming, maybe even a rise in SHIB's price.

Potential hackers may be opting for Pepe after a week of strong performance, scooping up 611 billion tokens—a testament to a potential reversal. The post 5 Mysterious Wallets Just Snapped Up 611 Billion PEPE – Is a Pump Coming? appeared first on Cryptonews.

Technical and on-chain data indicate that Shiba Inu is about to enter a critical phase, which could see a spike in volatility. The next significant move of the token may be greatly influenced by the astounding 13.7 trillion SHIB tokens that are on the verge of activation currently sitting at or slightly below the break-even level of $0.000012.

The enigmatic Shiba Inu lead known to the community under the pseudonym Shytoshi Kusama has returned after yet another long, almost three-week absence.

Shiba Inu (SHIB) continues to face strong selling pressure, now trading around $0.00001168 after failing to establish solid support in recent sessions. The meme coin remains highly vulnerable to a potential drop toward $0.00001050, or even $0.00001000, a psychologically significant level for traders.

Shiba Inu is in the spotlight, joining the broader market rally amid a divergent burn rate outlook. As of press time, data from Shibburn shows the burn rate is down by 98.79%, with less than 857,632 SHIB torched in 24 hours.

PEPE coin shows signs of a potential breakout with retail accumulation increasing, technical patterns forming, and a possible 796% rally by 2025.

Most financial experts doubt Shiba Inu will ever flip Dogecoin despite recent whale activity and SHIB's slight outperformance of ETH.

BONK's descending channel highlighted the bearish trend and the attempted consolidation around the 2024 low.

PEPE coin is seeing renewed momentum, gaining over 2.37% in the past 24 hours and stirring bullish sentiment across the meme coin community. Could PEPE revisit its December 2024 high

Shiba Inu (SHIB) is showing signs of renewed momentum as its burn rate jumps by 111.43% in 24 hours, with a weekly increase of 19.48%, according to blockchain tracker Shibburn. This notable uptick marks a potential revival in SHIBs deflationary mechanism, reigniting optimism among holders.

PEPE sees renewed demand as technical and on-chain signals hint at a possible breakout.

A recent poll indicates that financial experts remain skeptical if Shiba Inu is able to overtake Dogecoin in value. The poll, conducted by Finders, surveyed 14 finance experts for their opinion on whether SHIB will ever overtake DOGE in market capitalization.

Shiba Inu has once again faced significant downward pressure. The asset is now trading at about $0.00001168, having failed to set up a significant support level in the last few sessions.

PEPE's price action has been relatively quiet in the past few weeks. The meme coin has been quietly going through a continued wave of selloffs amidst the volatility in the wider crypto market.

After weeks of relatively low burn activity, Shiba Inu's burn rate is seeing a slow but notable rebound, according to the latest figures from blockchain tracker Shibburn.