- Shiba Inu (SHIB) trades near $0.000014, holding a 16% gain, as market struggles between bulls and bears.
- Bearish trends persist for SHIB, with price testing key support levels and failing to break resistance zones.
- SHIB’s token burn rate spikes, but short-term bearish pressure remains, leaving long-term price outlooks uncertain.
The price action of Shiba Inu (SHIB) continues trading over a narrow range, hovering around $0.000014, showing a 5.42% decline over the past day. It has maintained a 16 % gain in the last month, which is an indication that the bullish trend has not disappeared completely yet. Nonetheless, the market is polarized whereby both buyers and sellers still struggle to maintain control throughout the short run.
The recent 4-hour candlestick indicates a bearish trend of SHIB. Its price is at around $0.00001337 as the cryptocurrency seeks to hold a crucial support area at a value of $0.00001300.
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This is a significant drop since it was at its highest in a recent trend of $0.00001436. This indicates an increase in selling pressure. This bearish movement is an indication that the bears have their way at this moment.
Shiba Inu Struggles Below Key Resistance
The 50-period moving average is currently at the $0.0000142 mark and SHIB is currently lower than this level which is a sign of a short-term bearish phase. The resistance at the 100 period and the 200 period moving averages located at $0.00001436 and $0.00001470 indicates strong barriers which shows that it is not easy to break through these trends.
Source: TradingView
The MACD substantiates the bear market as well. The MACD curve is in the negative divergence position of the signal line. The difference between the two lines is shown in the red as the histogram, meaning that the bearish momentum is further strengthened. The market is at the negative phase, as the MACD is -0.00000009.
According to volume analysis, there has been an increase in bears bars. This implies that there is an increase in selling pressure. The increasing ratio when the price falls also proves the point that it is the turn of the horny to control the market now. This selling activity is up and this is one indicator of a possible extension in the downtrend.
SHIB Burn Surge and August 2025 Price Predictions
Data on Shiba Inu tokens burned indicates that it has been constantly trying to decrease the supply of tokens in circulation. Over the last 24 hours, the number of tokens burned has reached 604,275,747, which denotes an amazing growth of 374,688.81%. The burn rate has picked up in the last seven days, and there have been 636,751,651 tokens burned, which is a rise of 478.97%.
In the prediction aspect, according to CoinLore, however, the SHIB is expected to be traded at approximately $0.0000142 by August 1st, 2025. CoinCodex has indicated that the SHIB could rise to the value of $0.00001562 by the end of August. Their price outlook is between $0.00001350 and $0.00001771 that are likely to deliver 32.87% returns given that it is currently trading at lower levels.
Whether the price of Shiba Inu will decline or will start recovering depends on the market activity in the next few weeks in the near future.
Also Read: Shiba Inu Crashes 12% to $0.00001413, Could This Crash Trigger Recovery?
