Shiba Inu Price Prediction: Fed Cut And Trade Truce Set Stage For Rebound
Shiba Inu price today trades at $0.00000989, stabilizing after a volatile week marked by macro uncertainty and a failed breakout attempt. The meme token continues to test its lower Fibonacci zone, holding above the $0.00000950 area where buyers recently absorbed heavy selling pressure.
Fed Cut Fails To Ignite Crypto Momentum
The Federal Open Market Committee lowered U.S. interest rates by 25 basis points, a move widely expected by the market. The decision initially sparked optimism across digital assets, but the reaction quickly faded as investors had already priced in the policy shift. Fed Chair Jerome Powell’s comments suggested caution about future cuts, leaving traders uncertain about liquidity prospects for November.
Shiba Inu’s price action mirrored the broader crypto market, where enthusiasm cooled despite improved funding conditions. Cryptocurrencies tend to perform better when borrowing costs decline, but Powell’s reluctance to commit to further easing restrained bullish sentiment.
SHIB Price Action Signals Base Formation
SHIB Price Dynamics (Source: TradingView)
On the 4-hour chart, Shiba Inu price continues to respect the lower boundary of its symmetrical triangle structure. The token’s drop below $0.0000100 earlier this week triggered a sharp flush toward $0.0000095, aligning with the 0.236 Fibonacci retracement level. This zone, coinciding with previous accumulation areas, has held as reliable support.
The 20-EMA and 50-EMA remain closely stacked around $0.0000101–$0.0000102, suggesting a compressed setup where volatility could expand. A decisive close above this range may open a path toward $0.00001076 (Fib 0.5) and the $0.00001129 (Fib 0.618) retracement zone, both acting
On the downside, sustained failure to defend $0.00000950 could expose the $0.00000849 swing low. The Supertrend indicator continues to flash resistance near $0.00001025, confirming that buyers still need a breakout to confirm trend reversal.
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