Shiba Inu Price Holds Steady at $0.000009 Amid Musk’s Viral Shiba Clip
TLDR
Shiba Inu holds strong support at $0.0000067, indicating potential for a bullish move.
Musk’s Shiba Inu video had no significant impact on Dogecoin or SHIB prices.
SHIB’s price has been consolidating, hinting at a future breakout.
Analysts see potential 150% to 500% upside for Shiba Inu if support holds
Elon Musk’s viral Shiba Inu clip, featuring an AI-generated video of a dog with a banjo, swept across crypto feeds, but failed to stir significant price movements for Dogecoin (DOGE), Shiba Inu (SHIB), or Floki (FLOKI). Musk’s connection with dog-themed cryptocurrencies has often triggered price spikes in the past, but this time, the market response was notably subdued.
Dogecoin, which typically reacts first to any Musk-related tweets, held steady around $0.158, showing no change in volume or price despite the viral post. Similarly, Shiba Inu remained flat at $0.000009 and continued to follow its established intraday trajectory. FLOKI mirrored this pattern with minor movement, confirming that Musk’s post acted only as entertainment and had no meaningful impact on market activity.
Shiba Inu Price Holds at Key Support Level Amid Musk’s Influence
Despite the lack of reaction to Musk’s video, Shiba Inu continues to test an important support zone at $0.0000067, a level that has historically marked cycle lows. This price area has acted as a reliable bottom, with SHIB consistently bouncing back after reaching it.
Currently, Shiba Inu is trading at $0.000009, down by 6% in the last 24 hours and 14.5% over the past month.
However, analysts suggest that the asset is still 53% above its critical support zone, making this period a potential accumulation opportunity. Shiba Inu has seen multi-year consolidation at these levels, and if it can hold, it may set the stage for a significant bullish move.
Analysts Predict Bullish Reversal for Shiba Inu as Accumulation Grows
Several analysts are noting that Shiba Inu is showing signs of long-term accumulation, which could lead to a strong upward move. Analyst Kledji Cuni highlighted the $0.0000067 level as a major support zone that has triggered recoveries in past market cycles. Cuni’s analysis suggests that this level could act as a springboard for a significant rally, particularly as the market begins to stabilize and shift its focus away from short-term volatility.
Other analysts, such as Shib Knight, have described SHIB’s price action as “lowkey green,” indicating that despite broader market uncertainty, Shiba Inu has been holding steady. Knight plans to continue dollar-cost averaging at this level, suggesting that the current environment could offer a solid accumulation opportunity, assuming Bitcoin and the broader altcoin market remain stable.
On the weekly chart, SHIB has been in a downtrend since the explosive rally of 2021. However, from June to October 2023, the coin shifted into a consolidation phase. This sideways movement suggests that Shiba Inu could be setting up for a breakout if it successfully holds its support zone and the broader market sentiment improves.
Shiba Inu’s Potential for 150% to 500% Upside
As Shiba Inu tests its critical support levels, analysts are forecasting significant upside potential if the price holds and begins to rally. According to Cuni, there are three possible upside targets for SHIB: $0.0000170, $0.0000320, and $0.0000420, which correspond to potential gains of 150%, 368%, and 512%, respectively.
These targets suggest that if SHIB can break through resistance levels and gain momentum, it could see substantial price increases in the near future.
Other analysts like Swallow Academy and MMBT Trader are also observing key resistance levels, with $0.00001256 and $0.00001270 being the next major hurdles. A successful breakout above these levels could trigger a rally toward higher price targets, offering traders significant potential returns.
The post Shiba Inu Price Holds Steady at $0.000009 Amid Musk’s Viral Shiba Clip appeared first on CoinCentral.
Filed under: News - @ November 14, 2025 9:27 pm