On April 16, 2025, the Shiba Inu (SHIB) cryptocurrency is trading at a price of about $0.0000117. The technical analysis of the current situation is presented below:
Current indicators
- Price:$0.000011
- Change in 24 hours:-2.10
- Change in a week:+7.10
- Change in a month:−11.00
- Change over the year:−47.11
Technical indicators
Moving Averages (MA)
- 5-day MA $0.000019
- 20-DAY MA $0.000015
- 50-DAY MA $0.000015
- 100-DAY MA $0.000012
- 200-DAY MA $0.000017
The current price is below all major moving averages, which indicates a downward trend.
Oscillators
- The Relative Strength Index (RSI) is in the neutral zone, not indicating overbought or oversold conditions.
- MACD shows a weak bearish signal.
Trend and prospects
Shiba Inu shows weak development in the downtrend channel on the medium-term horizon, which signals an increase in pessimism among investors and indicates a possible further decline in the price.
🔍 Conclusion
Technical analysis indicates a predominance of bearish sentiment in the short and medium term. Investors should exercise caution and closely monitor key support and resistance levels.
#Shibalnu #SHİB
