The post Could Shiba Inu Lose 50% More? See the Prediction appeared on BitcoinEthereumNews.com.

Shiba Inu (SHIB) price has been under heavy bearish pressure throughout June, sparking fears among investors about its long-term viability. With prices hovering near multi-week lows, is SHIB on the brink of collapse, or is there a hidden lifeline in the charts? Let’s decode the signals. Shiba Inu Price Prediction: What Does the Chart Say About SHIB’s Current Trend? SHIB/USD Daily Chart- TradingView As of June 26, 2025 Shiba Inu price is trading at $0.00001150, showing a marginal daily loss of 1.35%. The recent candles reflect a prolonged downtrend that began after its last attempt to reclaim the $0.00001400 zone failed in mid-May. SHIB price has since been printing mostly red Heikin Ashi candles, signaling consistent seller dominance. Support and resistance levels, derived from pivot points: Immediate Resistance (R1): $0.00001250 Pivot Level (PP): $0.00001196 Support 1 (S1): $0.00001064 Support 2 (S2): $0.00000986 The Shiba Inu price is currently below the pivot, hovering just above S1, which indicates a weak technical position. A daily close below $0.00001064 could open the floodgates to test S2 near $0.00000986—a critical psychological level. Is SHIB in Oversold Territory or Is There More Downside? The Relative Strength Index (RSI) reads 40.11, which is below the neutral 50 level but not yet in oversold territory (<30). This implies the market is bearish but not exhausted—meaning further selling pressure is still possible. However, RSI is showing early signs of bullish divergence, having slightly rebounded from its recent low of around 33.56. If RSI continues to climb while price remains stable, it could hint at a short-term reversal. What’s the Probability of a Drop to Zero? Let’s do some quick math. If SHIB price were to drop to $0, it would imply a 100% loss in market cap—currently over $6 billion. This scenario is practically impossible unless: All holders…

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Filed under: News - @ June 26, 2025 2:22 pm