Shiba Inu Price Surges to $0.00001149: Will It Hit $0.00002 or Crash to $0.00001?

The attention on Shiba Inu (SHIB) reemerged after numerous crypto whales performed a significant undertaking by acquiring a total of 874 billion SHIB tokens when the token experienced a substantial price decrease. On-chain trackers reveal data showing the simultaneous large purchase of 874 billion SHIB tokens, which occurred when the currency reached its lowest mark in 13 months, while generating both investor fascination and uncertainty. The recent large-scale whale activity within SHIB draws dual interpretations, either from whales who believe SHIB has strong long-term prospects or from whales who aim to benefit from short-lived market undervaluation.

SHIB Trend: Will Whales’ Accumulation Drive Price Up?

The current Shiba Inu price is $0.00001149, with a significant increase in the last 24 hours. Investor whales exhibit continuing interest in Shiba Inu through their strategic buying even though the market signals pessimistic price trends. Large holders tend to buy during panic and fear times because other investors unwind their positions at such moments. The accumulation phase indicates Shiba Inu’s builders may be preparing strategic moves because the project includes Shibarium layer-2 ecosystem development as well as NFT partnerships and potential future listings. A whale investment in whales during the prevailing bear market may indicate future price improvements.

Chart 1 – Published on TradingView, April 8, 2025,

SHIB trend analysis indicates that the token’s price may experience a correction in the near future, driven by changes in market sentiment and technical indicators. The current bearish market sentiment regarding SHIB stems from both economic difficulties and inadequate drivers for the rally, but large investor accumulation activities frequently predict market changes. Market observers will intently follow major price points since SHIB received substantial bullish interest that made its value plummet to 13-month lows. The short-term movement of the popular memecoin will probably be determined by upcoming technical indicators along with support levels.

SHIB Price Prediction: Can Technical Indicators Guide Future Movements?

Shiba Inu price analysis suggests that the token may experience a breakout or correction in the near future. The bullish breakout from an ascending trendline occurred in the 5-minute SHIB/USDT chart before price encountered resistance at $0.00001180. Price jumped dramatically but failed to maintain its all-time high at $0.00001180, so it has settled in the $0.00001149 range. The price near $0.00001080 established itself as a stable support level which demonstrates interest from buyers in this range. The upward momentum of SHIB appears limited until it successfully breaks and closes above $0.00001180.

Chart 2 – Analyzed by Triparna Baishnab, published on TradingView, April 8, 2025

SHIB analysis reveals that whales’ accumulation of the token may be a sign of long-term prospects. RSI reached its overbought zone during the latest price rally, as this indicated short-term saturation of buying sentiment across the market. Several positive MACD cross patterns have created brief upward price movements, but death crosses have alerted traders about both market fatigue and correction points. The recent cross in the MACD indicator indicates weakening market speed. SHIB will experience more price growth through sustained volume above $0.00001160–$0.00001180, but any lack of such volume could lead to price drops towards either the trendline or $0.00001120.

Will the Shiba Inu Price Trend Continue or Reverse? What’s Coming Next?

SHIB analysis indicates that the token’s price may be poised for a breakout or correction. Whales increased their possession of 874 billion Shiba Inu price when the cryptocurrency price fell to its 13-month low, which indicated potential distrust with long-term price increases or planned short-term manipulation of market values. Negative sentiment does not seem to phase large-scale buyers who accumulate SHIB because Shibarium development and new ecosystem initiatives might be responsible for this upbeat attitude.

The price of SHIB experiences resistance at $0.00001180 as support stands at $0.00001080 kilo-bitcoin. The price will likely rise after breaking above the $0.00001180 resistance point unless strong buying momentum occurs accompanied by high trading volume. When momentum declines, the price tends to move downwards back toward existing support levels.