{"id":52687,"date":"2025-05-19T12:07:26","date_gmt":"2025-05-19T12:07:26","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/shiba-inu-up-23-but-momentum-fades\/"},"modified":"2025-05-19T12:07:26","modified_gmt":"2025-05-19T12:07:26","slug":"shiba-inu-up-23-but-momentum-fades","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/shiba-inu-up-23-but-momentum-fades\/","title":{"rendered":"Shiba Inu up 23% but momentum fades"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/image-60-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/image-60-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/image-60-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/05\/image-60-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Whale count down to 10,205 from 10,232 in 9 days.<\/li>\n<li>SHIB trading between $0.000014 support and $0.0000152 resistance.<\/li>\n<li>EMA flattening suggests paused bullish momentum.<\/li>\n<\/ul>\n<p class=\"\" data-start=\"86\" data-end=\"674\">Shiba Inu (SHIB), the Ethereum-based meme coin, has gained 23% over the past month, reflecting broader interest in altcoins amid a relatively stable crypto market.<\/p>\n<p class=\"\" data-start=\"86\" data-end=\"674\">However, recent metrics show that the coin\u2019s price action has entered a consolidation phase, with SHIB stuck between key support and resistance levels.<\/p>\n<p class=\"\" data-start=\"86\" data-end=\"674\">Its Relative Strength Index (RSI) has rebounded from oversold conditions but remains neutral, while whale activity continues to taper off.<\/p>\n<p class=\"\" data-start=\"86\" data-end=\"674\">These signals indicate the market may be undecided on SHIB\u2019s next direction, awaiting a clearer catalyst for a breakout or breakdown.<\/p>\n<h2 class=\"\" data-start=\"676\" data-end=\"720\">RSI recovers but remains neutral below 50<\/h2>\n<p class=\"\" data-start=\"722\" data-end=\"1064\">Shiba Inu\u2019s RSI, a widely watched momentum indicator, has recovered from a sharp dip.<\/p>\n<p class=\"\" data-start=\"722\" data-end=\"1064\">The metric rose to 47.1 after falling to a low of 31.7 just a day earlier.<\/p>\n<p class=\"\" data-start=\"722\" data-end=\"1064\">This follows a recent decline from a 6-day high of 68.4.<\/p>\n<p class=\"\" data-start=\"722\" data-end=\"1064\">Despite the recovery, <a href=\"https:\/\/in.tradingview.com\/symbols\/SHIBUSD\/technicals\/\">SHIB\u2019s RSI<\/a> remains below the neutral 50 mark, suggesting the token is neither overbought nor oversold.<\/p>\n<p class=\"\" data-start=\"1066\" data-end=\"1364\">This stabilisation reflects an indecisive market.<\/p>\n<p class=\"\" data-start=\"1066\" data-end=\"1364\">Traders are currently not aggressively buying or selling, and instead appear to be waiting for more direction.<\/p>\n<p class=\"\" data-start=\"1066\" data-end=\"1364\">If RSI continues to rise above 50, it could signal building bullish momentum.<\/p>\n<p class=\"\" data-start=\"1066\" data-end=\"1364\">Otherwise, the coin may face continued range-bound trading.<\/p>\n<h2 class=\"\" data-start=\"1366\" data-end=\"1412\">Whale count down by 27 holders in nine days<\/h2>\n<p class=\"\" data-start=\"1414\" data-end=\"1658\">Another significant trend involves Shiba Inu\u2019s whale wallet data.<\/p>\n<p class=\"\" data-start=\"1414\" data-end=\"1658\">The number of wallets holding at least 1 billion SHIB has dropped from 10,232 to 10,205 over the past nine days, a small yet telling sign of reduced interest among large holders.<\/p>\n<p class=\"\" data-start=\"1660\" data-end=\"2035\">Though the decline may not appear dramatic, it continues a broader pattern of fluctuation and gradual reduction in whale accumulation.<\/p>\n<p class=\"\" data-start=\"1660\" data-end=\"2035\">These addresses, which often hold influence over market movements through high-volume trades, seem to be stepping back.<\/p>\n<p class=\"\" data-start=\"1660\" data-end=\"2035\">This could reflect reduced long-term conviction, especially given the lack of strong bullish signals in recent sessions.<\/p>\n<p class=\"\" data-start=\"2037\" data-end=\"2220\">A resurgence in whale participation would likely be needed to support a more sustained upside move.<\/p>\n<p class=\"\" data-start=\"2037\" data-end=\"2220\">In the meantime, the data hints at cautious positioning among high-stake investors.<\/p>\n<h2 class=\"\" data-start=\"2222\" data-end=\"2277\">Price consolidates between $0.000014 and $0.0000152<\/h2>\n<p class=\"\" data-start=\"2279\" data-end=\"2559\">SHIB is currently trading in a tight range, with support at $0.000014 and resistance at $0.0000152.<\/p>\n<p class=\"\" data-start=\"2279\" data-end=\"2559\">The token\u2019s Exponential Moving Averages (EMAs), which previously showed bullish alignment, are now flattening out.<\/p>\n<p class=\"\" data-start=\"2279\" data-end=\"2559\">This further indicates the recent pause in directional movement.<\/p>\n<figure id=\"attachment_309420\" aria-describedby=\"caption-attachment-309420\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-309420\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/05\/SHIBUSD_2025-05-19_16-53-12.png\" alt=\"Shiba Inu\" width=\"1813\" height=\"491\"\/><figcaption id=\"caption-attachment-309420\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/in.tradingview.com\/symbols\/SHIBUSD\/\">TradingView<\/a><\/figcaption><\/figure>\n<p class=\"\" data-start=\"2561\" data-end=\"2772\">If the price fails to hold the $0.0000139 level, it may fall further to $0.0000127 or even $0.0000123. On the flip side, a breakout above $0.0000152 could pave the way toward the next resistance near $0.0000176.<\/p>\n<p class=\"\" data-start=\"2774\" data-end=\"3049\">This technical setup highlights a classic consolidation scenario\u2014where traders and investors are looking for signs of either renewed buying pressure or a deeper retracement.<\/p>\n<p class=\"\" data-start=\"2774\" data-end=\"3049\">Without a major catalyst or shift in market sentiment, sideways action may persist in the short term.<\/p>\n<h2 class=\"\" data-start=\"3051\" data-end=\"3107\">Mixed short-term sentiment amid long-term uncertainty<\/h2>\n<p class=\"\" data-start=\"3109\" data-end=\"3313\">In the last 24 hours, SHIB has gained 3.4%, but it remains down 8.5% over the past week. This divergence shows that while some short-term buying is returning, broader price action still points to caution.<\/p>\n<p class=\"\" data-start=\"3315\" data-end=\"3543\">Overall, the combination of neutral RSI readings, a narrowing whale base, and flattening EMAs suggests the meme coin may continue to face resistance unless broader market enthusiasm returns or specific events trigger a breakout.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/shiba-inu-rallies-23-yet-whale-exits-and-rsi-trends-suggest-slowdown\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Whale count down to 10,205 from 10,232 in 9 days. SHIB trading between $0.000014 support and $0.0000152 resistance. EMA flattening suggests paused bullish momentum. Shiba Inu (SHIB), the Ethereum-based meme coin, has gained 23% over the past month, reflecting broader interest [&hellip;]<\/p>\n","protected":false},"author":3947362361,"featured_media":52688,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/52687"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362361"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=52687"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/52687\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/52688"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=52687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=52687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=52687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}