Shiba Inu (SHIB) Shows Mixed Signals Amidst Price Stability and Threat of Losing Trillionaire Status

29.05.2025 11:39

Shiba Inu (SHIB) has maintained a stable price around $0.000014 during late May 2025, with technical charts suggesting potential bullish momentum for the cryptocurrency. Despite stable price action near $0.00001425 and indicators pointing to optimism, there have been no major leadership changes, institutional investments, or regulatory announcements to decisively back this bullish trend. The community-driven project continues under the leadership of founder Ryoshi and developer Shytoshi Kusama with consistent communications but without new catalysts.

Meanwhile, the price stability masks an underlying vulnerability. SHIB is currently testing critical support levels near its 50-day and 100-day exponential moving averages (EMAs) at about $0.00001457. The price has been trading sideways in a narrow range for weeks. Large transaction volumes (whale activity) have fluctuated wildly throughout May, with peaks associated with small price recoveries but an overall decline in whale participation recently. This signals a potential weakening market momentum.

The diminished whale activity, combined with muted retail volume, has cast doubt on SHIB's near-term outlook. Unless the price surpasses the 100-day EMA (~$0.00001500) accompanied by increased large-volume transactions, market confidence may wane further, risking a drop below $0.000014. The coin faces the possibility of losing its 'trillionaire' market valuation status if it fails to reignite strong buying interest.