{"id":375312,"date":"2025-02-26T02:39:51","date_gmt":"2025-02-25T21:09:51","guid":{"rendered":"https:\/\/dripp.zone\/news\/is-shiba-inu-price-heading-for-a-new-low-this-week-crypto-news\/"},"modified":"2025-02-26T02:47:51","modified_gmt":"2025-02-25T21:17:51","slug":"is-shiba-inu-price-heading-for-a-new-low-this-week-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/is-shiba-inu-price-heading-for-a-new-low-this-week-crypto-news\/","title":{"rendered":"Is Shiba Inu Price Heading for a New Low This Week? &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p><span style=\"font-weight: 400;\">Crypto market volatility continues as Shiba Inu price trades near a crucial support level. SHIB is hovering around $0.000013, mirroring the broader downturn. Bitcoin remains below $90K, while Ethereum struggles under $2,500. If sellers gain control, SHIB could break lower, signaling a potential drop this week.\u00a0<\/span><\/p>\n<h2><strong>Is Shiba Inu Price Set for Another Decline Soon?<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Shiba Inu price is battling to stay above a crucial support level as the crypto market experiences heightened volatility. The global market cap has fallen to $2.9 trillion, marking a 5.20% decline in the last 24 hours.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Currently, SHIB is hovering near $0.000013, a key price floor that provided strong support in 2024. Market conditions remain bearish, raising concerns about its short-term movement. If this level breaks, the asset could see further downside pressure.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Broader crypto weakness has pushed <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/bitcoin-crash-why-btc-price-suddenly-falling-today\/\"><span style=\"font-weight: 400;\">Bitcoin below $90k<\/span><\/a><span style=\"font-weight: 400;\">, while Ethereum is trading under $2,500. Shiba Inu has mirrored this trend, recording a 10% decline in the past day. Its burn rate has also dropped significantly, down 95%, with only 744,765 SHIB removed from circulation.\u00a0\u00a0<\/span><\/p>\n<figure id=\"attachment_240988\" aria-describedby=\"caption-attachment-240988\" style=\"width: 1305px\" class=\"wp-caption aligncenter\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-240988\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/Source-SHIB-bURN.png\" alt=\"\" width=\"1305\" height=\"661\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/Source-SHIB-bURN.png 1305w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/Source-SHIB-bURN-300x152.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/Source-SHIB-bURN-1224x620.png 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/Source-SHIB-bURN-768x389.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/Source-SHIB-bURN-150x76.png 150w\" sizes=\"auto, (max-width: 1305px) 100vw, 1305px\"\/><\/noscript><figcaption id=\"caption-attachment-240988\" class=\"wp-caption-text\">Source:<a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/www.shibburn.com\/\"> Shiba Burn<\/a><\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">If selling pressure continues, SHIB could extend its losses and retest the August 5 low of $0.00001. Other meme assets, including Dogecoin and Pepe, have also declined amid the downturn.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Traders are closely watching SHIB\u2019s next moves, as holding above this key support could determine its short-term direction. A break below could trigger further selling.<\/span><\/p>\n<h2><strong>Will SHIB Price Dip to $0.00001 Soon?<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">As of Tuesday, the SHIB price is trading around $0.00001412, reflecting a 6%\u00a0 decrease over the past 24-hours.\u00a0 The Relative Strength Index (RSI) is at 39, indicating an oversold condition after dipping below 30.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Moving Average Convergence Divergence (MACD) shows a minor bullish crossover, with the MACD line edging above the signal line, indicating a potential shift in momentum.<\/span><\/p>\n<p><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/price-predictions\/shiba-inu-shib-price-prediction\/\"><span style=\"font-weight: 400;\">Shiba Inu price prediction<\/span><\/a><span style=\"font-weight: 400;\"> faces immediate resistance at $0.000015, a crucial level for sustaining its upward movement. Further resistance lies at $0.000018 and $0.00002, If bullish momentum continues, a push toward these levels could materialize.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On the downside, key support remains at $0.00001405. A failure to hold above this level could bring renewed bearish sentiment, possibly leading to a retest of the $0.00001 mark this could dip by more than 20%. A break below this threshold might trigger further declines, making it a critical zone for traders.<\/span><\/p>\n<figure id=\"attachment_240989\" aria-describedby=\"caption-attachment-240989\" style=\"width: 1147px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-240989\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Is Shiba Inu Price Heading for a New Low This Week?\" width=\"1147\" height=\"583\" data-lazy-srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/SHIBUSDT_2025-02-26_00-03-59.png 1147w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/SHIBUSDT_2025-02-26_00-03-59-300x152.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/SHIBUSDT_2025-02-26_00-03-59-768x390.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/SHIBUSDT_2025-02-26_00-03-59-150x76.png 150w\" data-lazy-sizes=\"(max-width: 1147px) 100vw, 1147px\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/SHIBUSDT_2025-02-26_00-03-59.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-240989\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/SHIBUSDT_2025-02-26_00-03-59.png\" alt=\"Is Shiba Inu Price Heading for a New Low This Week?\" width=\"1147\" height=\"583\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/SHIBUSDT_2025-02-26_00-03-59.png 1147w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/SHIBUSDT_2025-02-26_00-03-59-300x152.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/SHIBUSDT_2025-02-26_00-03-59-768x390.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/SHIBUSDT_2025-02-26_00-03-59-150x76.png 150w\" sizes=\"auto, (max-width: 1147px) 100vw, 1147px\"\/><\/noscript><figcaption id=\"caption-attachment-240989\" class=\"wp-caption-text\">Source: <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/www.tradingview.com\/x\/3yKRdfL8\/\">TradingView<\/a><\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">To sum up, the Shiba Inu price hovers near critical support, facing potential declines. If sellers push lower, SHIB may break below $0.000013, signaling a deeper correction this week.<\/span><\/p>\n<section class=\"accordion-content mt-4\" id=\"faq\">\n<h2 class=\"mb-4 h3 fw7\">Frequently Asked Questions (FAQs)<\/h2>\n<div class=\"accordion-item\">\n<div class=\"faq-item-content\" style=\"\">\n<p>\n                            \tSHIB\u2019s key support is around $0.000013, which has held in 2024.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"accordion-item\">\n<div class=\"faq-item-content\" style=\"\">\n<p>\n                            \tIf buying momentum increases, SHIB could test resistance levels near $0.000015.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"accordion-item\">\n<div class=\"faq-item-content\" style=\"\">\n<p>\n                            \tA weak Bitcoin often drags meme assets like SHIB lower.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n<p>                                <!-- \n\n<div class=\"desktopPostEnd d-on\"><\/div>\n\n --><\/p>\n<div class=\"m-on mobiless\">\n<div id=\"social-section-new\">\n<p>\u2713 Share:<\/p>\n<p>                                  <a rel=\"nofollow\" target=\"_blank\" class=\"social-text_new wp_new\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/markets\/is-shiba-inu-price-heading-for-a-new-low-this-week\/\" target=\"_blank\" style=\"display: block\">  <i class=\"fa fa-whatsapp\"\/><\/a><\/p>\n<div>\n                                <a rel=\"nofollow\" target=\"_blank\" class=\"social-text_new tw_new_logo\" href=\"https:\/\/twitter.com\/intent\/tweet?text=https:\/\/coingape.com\/markets\/is-shiba-inu-price-heading-for-a-new-low-this-week\/\" target=\"_blank\"><br \/>\n  <img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\" data-lazy-src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\"\/><\/noscript><br \/>\n<\/a>\n                                <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"authorBoxnew newauthordesign\">\n<div class=\"author_Ndata d-flex align-items-center mb-2\">\n<div class=\"author_Image\">\n                                           <img loading=\"lazy\" alt=\"\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" data-lazy-srcset=\"https:\/\/secure.gravatar.com\/avatar\/452042cc86ff4d4cff7e64f282bd5358?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" data-lazy-src=\"https:\/\/secure.gravatar.com\/avatar\/452042cc86ff4d4cff7e64f282bd5358?s=200&#038;d=mm&#038;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/452042cc86ff4d4cff7e64f282bd5358?s=200&#038;d=mm&#038;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/452042cc86ff4d4cff7e64f282bd5358?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                  <\/div>\n<p>Coingape Staff  <\/p>\n<\/p><\/div>\n<p>CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.                     <\/p>\n<\/p><\/div>\n<p>Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto market volatility continues as Shiba Inu price trades near a crucial support level. SHIB is hovering around $0.000013, mirroring the broader downturn. Bitcoin remains below $90K, while Ethereum struggles under $2,500. If sellers gain control, SHIB could break lower, signaling a potential drop this week.\u00a0 Is Shiba Inu Price Set for Another Decline Soon? [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":375315,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[192,29,198,194,195,199,196,193,197,200],"class_list":["post-375312","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-blockchain-business","tag-business","tag-coins","tag-crypto-business","tag-cryptocurrency-business","tag-fiat","tag-metaverse-business","tag-nft-business","tag-token","tag-token-business"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/375312","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=375312"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/375312\/revisions"}],"predecessor-version":[{"id":375318,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/375312\/revisions\/375318"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/375315"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=375312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=375312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=375312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}