Key notes
- Shib is negotiated at $ 0.0000,000,115 after a sharp monthly drop.
- Analysts suggest that Shib can form an end background before a rebound.
- Whale wallets added 1.3 billion of salsières in 24 hours, signaling a bullish feeling.
While other higher coins are falling downward pressure, Shiba Inu
Salogner
$ 0.000012
24h volatility:
1.7%
COURTIC CAPESSION:
$ 6.78 B
Flight. 24 hours:
$ 85.06 M
is currently negotiated at 0.000000115 with a negligible change in the last 24 hours. He lost more than 19% last month and lost more than $ 2 billion in market capitalization since May 23.
However, analysts believe that Shib could be a final background before a potential bullish reversal.
Popular Crypto Pepeisfriend Popular Analyst noted on X that Shib was approaching the support band from $ 0.0000,00010 to $ 0.000011. He suggests that the same part could face a certain short -term consolidation before the next “growth phase”.
$ Shib is about below now, it seems that he approaches the support area. If he really strikes this support, he will probably move on the side for a while before the next growth phase. Stay confident and continue to hold or even buy more #Shib .
I’m sure you won’t regret it. You… pic.twitter.com/t6gt4sfn3g
– Pepe is friends (@pepeisfriend) June 19, 2025
The data on the chain confirm this long -term bullish case. The addresses holding at least 0.1% of the Shib supply accumulated more than 1.3 Billion of Shib in the last day. The great Netflows holder increased from 31.56 billion to 1.34 Billion of Shib, a notable jump suggesting strategic purchases before a potential rally.
Shib price prices
On the weekly deadline, Shib has formed a double -back model, a bullish inversion signal which often leads to price rallies. The second hollow of this model seems to have been completed with the recent drop.
Potential double background model on Shib Weekly Chart | Source: tradingView
If the model takes place, traders could see a potential escape around $ 0.000022, almost double the current price.
Meanwhile, on the daily graphic, the RSI currently indicates that Shib approaches the occurrence region. This suggests a possible rescue rebound or tendency inversion if the purchase of the pressure returns, but a drop in RSI would confirm a stronger bearish signal.
Shib price board with RSI and Bollinger bands | Source: tradingView
Bollinger bands shrink, signaling potential short -term consolidation. The price of SHIB embraces the lower strip, which often leads to a short -term reversal while traders seek to buy reduced levels.
A daily closure above the intermediary band (20-day SMA) around $ 0.0000124 would be the first bullish recovery sign.
The MacD shows a continuously coverage momentum, with the MacD line under the signal line and a red histogram. A rupture less than 0.0000110 could trigger new decreases to psychological support at $ 0.0000,100.
However, the gap seems to be shrinking, suggesting a decline in the downward pressure and a potential crossing if the bulls intervene.
Shib price board with MacD | Source: Commercial view
Solaxy’s presale is gaining ground
While SHIB sails in market volatility, Solana users are looking for a solution for heavy transaction charges and network congestion. Solaxy, a peak layer 2 blockchain solution, aims to overeat Solana’s capacities.
Solaxy presents a layer 2 -based architecture based on Rollup which works with the solana base layer. This approach guarantees an improved transaction rate and a reduced network load without sacrificing the basic safety and decentralization advantages of the Mainnet.
$ Solx tokenomics and utility
The native token of layer 2 of Solaxy $ Solx feeds this new infrastructure. $ Solx will be used to pay gas, encourage network participation and support governance as Solaxy evolves.
Print details
- Token price: $ 0.00176
- Fund collected: $ 54.7 million
- Payment methods: Crypto, card
- Teleprinter: Solx
- Chain: Solana
As the ecosystem develops, the utility and value of $ Solx with $ 54.7 million collected in its presale in current cryptography, $ Solx should soon reach massive figures.
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Non-liability clause: Coinspeaker undertakes to provide impartial and transparent reports. This article aims to provide precise and timely information, but should not be considered as financial or investment advice. Since market conditions can change quickly, we encourage you to check the information for yourself and consult a professional before making decisions according to this content.
Cryptographic journalist with more than 5 years of experience in the industry, Parth has worked with the main media in the world of crypto and finance, the collection of experience and expertise in space after having survived bear markets and bulls over the years. STHTH is also an author of 4 self-published books.
Parth Dubey on LinkedIn
