{"id":376876,"date":"2025-03-01T00:41:00","date_gmt":"2025-02-28T19:11:00","guid":{"rendered":"https:\/\/dripp.zone\/news\/shiba-inu-can-bulls-defend-0-000012-or-will-shib-crash-to-crypto-news\/"},"modified":"2025-03-01T00:44:02","modified_gmt":"2025-02-28T19:14:02","slug":"shiba-inu-can-bulls-defend-0-000012-or-will-shib-crash-to-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/shiba-inu-can-bulls-defend-0-000012-or-will-shib-crash-to-crypto-news\/","title":{"rendered":"Shiba Inu: Can bulls defend $0.000012 or will SHIB crash to&#8230; &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>\u00a0<\/p>\n<ul>\n<li style=\"font-weight: 400;\"><em><span style=\"font-weight: 400;\">SHIB\u2019s price neared critical support at $0.000012, risking a drop to $0.0000094 if sellers persist.<\/span><\/em><\/li>\n<li style=\"font-weight: 400;\"><em><span style=\"font-weight: 400;\">Shiba Inu\u2019s 24-hour burn rate surged to 4,137.17%, reducing supply\u2014could this trigger a price rebound?<\/span><\/em><\/li>\n<\/ul>\n<p><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/predictions\/shiba-inu-price-prediction\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">Shiba Inu [SHIB]<\/span><\/a><span style=\"font-weight: 400;\"> is nearing critical support levels as selling pressure continues. The <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/category\/memecoins\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">memecoin<\/a> has experienced a <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coingecko.com\/en\/coins\/shiba-inu\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">sharp decline<\/a>, dropping 10.85% in the last 24 hours and 15.49% over the past week, bringing its price to <\/span><span style=\"font-weight: 400;\">$0.00001314<\/span><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Analysts have identified $0.000012 and $0.0000094 as key levels where buyers could step in to prevent further losses.<\/span><\/p>\n<h2><b>SHIB\u2019s key support and resistance levels<\/b><\/h2>\n<p><span style=\"font-weight: 400;\"><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/shiba-inu-how-can-shibs-4137-17-burn-rate-trigger-a-bullish-reversal\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">SHIB\u2019s<\/a> price action <\/span><span style=\"font-weight: 400;\">suggests<\/span><span style=\"font-weight: 400;\"> a weakening trend, with major resistance between $0.000022\u2013$0.000027, where previous attempts to break higher failed.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The 0.618 Fibonacci retracement level at $0.00001434 is currently in play. If it fails, $0.000012 aligns with the 0.786 Fibonacci retracement, making it a crucial level to watch.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If selling pressure intensifies, SHIB could drop to $0.0000094, marking a full retracement of its early 2024 rally.<\/span><\/p>\n<div id=\"attachment_471077\" style=\"width: 690px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/SHIB-X.jpeg\" data-wpel-link=\"internal\"><noscript><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-471077\" class=\"wp-image-471077 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/SHIB-X.jpeg\" alt=\"SHIB price trend\" width=\"680\" height=\"431\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/SHIB-X.jpeg 680w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/SHIB-X-300x190.jpeg 300w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\"\/><\/noscript><\/a><\/p>\n<p id=\"caption-attachment-471077\" class=\"wp-caption-text\">Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/ali_charts\/status\/1895338892724781105\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">X<\/a><\/p>\n<\/div>\n<p><span style=\"font-weight: 400;\">Analysts suggest that a bounce from $0.000012 could indicate renewed accumulation, while a break below this level may confirm further downside. The market will closely monitor trading volume and whale activity to determine the next move.<\/span><\/p>\n<h2><b>Market sentiment and technical indicators<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Technical indicators reinforce SHIB\u2019s bearish sentiment. The Parabolic SAR shows downward pressure, with its dots above the price, signaling continued weakness.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Stochastic RSI at 36.38 suggests weak momentum but is attempting a reversal. This indicates that oversold conditions could attract buyers.<\/span><\/p>\n<div id=\"attachment_471076\" style=\"width: 741px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/SHIB-tradingview.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-471076\" class=\"wp-image-471076 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"SHIB price trend\" width=\"731\" height=\"513\" data-lazy-srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/SHIB-tradingview.png 731w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/SHIB-tradingview-300x211.png 300w\" data-lazy-sizes=\"(max-width: 731px) 100vw, 731px\" data-lazy-src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/SHIB-tradingview.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-471076\" class=\"wp-image-471076 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/SHIB-tradingview.png\" alt=\"SHIB price trend\" width=\"731\" height=\"513\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/SHIB-tradingview.png 731w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/SHIB-tradingview-300x211.png 300w\" sizes=\"auto, (max-width: 731px) 100vw, 731px\"\/><\/noscript><\/a><\/p>\n<p id=\"caption-attachment-471076\" class=\"wp-caption-text\">Source: TradingView<\/p>\n<\/div>\n<p><span style=\"font-weight: 400;\">The Aroon Up indicator was at 78.57%, reflecting a fading bullish trend. Meanwhile, Aroon Down at 0% suggests minimal immediate selling strength, but if it rises, it could confirm increasing bearish momentum.\u00a0<\/span><\/p>\n<h2><strong>Declining exchange reserves and network activity<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">According to <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoquant.com\/asset\/shib\/chart\/exchange-flows\/exchange-reserve?exchange=all_exchange&#038;window=DAY&#038;sma=0&#038;ema=0&#038;priceScale=log&#038;metricScale=linear&#038;chartStyle=line&#038;img=link%2F67c1705bd6c9383057d60e97.png\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\"><span style=\"font-weight: 400;\">CryptoQuant<\/span><\/a><span style=\"font-weight: 400;\"> data, SHIB\u2019s Exchange Reserves have dropped to 95.5T, meaning fewer tokens are available for sale on exchanges.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This could indicate that holders are moving their assets to private wallets, suggesting potential accumulation. If this trend continues, it may support a price stabilization in the long term.<\/span><\/p>\n<div id=\"attachment_471075\" style=\"width: 4010px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/SHIBA-INU-Exchange-Reserve-All-Exchanges.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-471075\" class=\"wp-image-471075 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"SHIB Exchange Reserve\" width=\"4000\" height=\"2250\" data-lazy-srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/SHIBA-INU-Exchange-Reserve-All-Exchanges.png 4000w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/SHIBA-INU-Exchange-Reserve-All-Exchanges-300x169.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/SHIBA-INU-Exchange-Reserve-All-Exchanges-1024x576.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/SHIBA-INU-Exchange-Reserve-All-Exchanges-768x432.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/SHIBA-INU-Exchange-Reserve-All-Exchanges-1536x864.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/SHIBA-INU-Exchange-Reserve-All-Exchanges-2048x1152.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/SHIBA-INU-Exchange-Reserve-All-Exchanges-1200x675.png 1200w\" data-lazy-sizes=\"(max-width: 4000px) 100vw, 4000px\" data-lazy-src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/SHIBA-INU-Exchange-Reserve-All-Exchanges.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-471075\" class=\"wp-image-471075 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/SHIBA-INU-Exchange-Reserve-All-Exchanges.png\" alt=\"SHIB Exchange Reserve\" width=\"4000\" height=\"2250\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/SHIBA-INU-Exchange-Reserve-All-Exchanges.png 4000w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/SHIBA-INU-Exchange-Reserve-All-Exchanges-300x169.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/SHIBA-INU-Exchange-Reserve-All-Exchanges-1024x576.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/SHIBA-INU-Exchange-Reserve-All-Exchanges-768x432.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/SHIBA-INU-Exchange-Reserve-All-Exchanges-1536x864.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/SHIBA-INU-Exchange-Reserve-All-Exchanges-2048x1152.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/02\/SHIBA-INU-Exchange-Reserve-All-Exchanges-1200x675.png 1200w\" sizes=\"auto, (max-width: 4000px) 100vw, 4000px\"\/><\/noscript><\/a><\/p>\n<p id=\"caption-attachment-471075\" class=\"wp-caption-text\">Source: CryptoQuant<\/p>\n<\/div>\n<p><span style=\"font-weight: 400;\">SHIB\u2019s active addresses have also declined, currently around 4K, reflecting decreased network engagement. While occasional spikes indicate short-term trader interest, sustained activity is necessary for a stronger price recovery.<\/span><\/p>\n<h2><b>SHIB burn rate surges over 4000%<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">A recent AMBCrypto <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/shiba-inu-how-can-shibs-4137-17-burn-rate-trigger-a-bullish-reversal\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">report revealed<\/span><\/a><span style=\"font-weight: 400;\"> that Shiba Inu\u2019s 24-hour burn rate surged by 4,137.17%, removing a substantial number of tokens from circulation. This reduction in supply could influence future price movements if demand rises.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">SHIB remains at a crossroads, with traders watching whether it can hold $0.000012 or if further downside toward $0.0000094 is inevitable. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The coming days will be crucial in determining the next trend for the memecoin.<\/span><\/p>\n<div class=\"post-nav\">\n<div class=\"next-blog\">\n\t\t\t\t\t\t\t\t\t\t\tNext: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/pepe-crashes-14-in-a-day-the-memecoin-risks-further-decline-if\/\" rel=\"prev\" data-wpel-link=\"internal\">PEPE crashes 14% in a day \u2013 The memecoin risks further decline IF\u2026<\/a>\t\t\t\t\t\t\t\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0 SHIB\u2019s price neared critical support at $0.000012, risking a drop to $0.0000094 if sellers persist. Shiba Inu\u2019s 24-hour burn rate surged to 4,137.17%, reducing supply\u2014could this trigger a price rebound? Shiba Inu [SHIB] is nearing critical support levels as selling pressure continues. The memecoin has experienced a sharp decline, dropping 10.85% in the last [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":376877,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-376876","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/376876","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=376876"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/376876\/revisions"}],"predecessor-version":[{"id":376878,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/376876\/revisions\/376878"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/376877"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=376876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=376876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=376876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}