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Shiba Inu (SHIB): Massive Fight for Bull Run Chance Begins Now
NFT Gaming

Shiba Inu (SHIB): Massive Fight for Bull Run Chance Begins Now

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  • Taking chances
  • Shiba Inu’s technical state

On the charts, Shiba Inu is about to enter a pivotal point as bulls and bears wrestle over a possible breakout that might determine the next significant market direction. Following weeks of sideways consolidation and declining volatility, SHIB looks to be finally waking up.

Taking chances

On the daily time frame, a notable volume spike and a potential 100 EMA (orange line) breakthrough are forming. Bulls’ attempts to regain momentum have been consistently rejected by the 100-day exponential moving average, which has long served as dynamic resistance for SHIB. The price action, however, appears to be regaining strength this time.

SHIB/USDT Chart by TradingView

Near $0.0000120, the coin recently recovered from its ascending trendline and pushed upward toward the $0.0000135 zone, which is where the upper boundary of the symmetrical triangle and the 100 EMA converge. Volume, which is an important confirmation metric for breakouts, has also started to rise noticeably, suggesting that large-scale or institutional traders may be setting up for a directional move.

It is important to pay attention to this level of activity, because in the past, comparable volume surges have preceded significant upward rallies or violent rejections in SHIB’s price history. The months-long downward trend that has dominated since mid-summer could be put to an end if SHIB is able to decisively break above $0.0000135, which could lead to $0.0000140-$0.0000150.

Shiba Inu’s technical state

At roughly 55, the RSI is still moderate, indicating that more upside is possible before overbought conditions develop. That being said, there is no guarantee of a bull market. If the $0.0000125-$0.0000120 support range is not maintained, sentiment may swiftly turn bearish once more, pushing the token back toward the $0.0000115 region and potentially resuming the downward grind.

The fight for momentum is currently taking place in real time. Whether Shiba Inu’s most recent recovery attempt becomes the start of a bull run or just another false breakout in a tightening consolidation zone will be determined by the last few daily closes. Traders should be ready for increased volatility in the upcoming sessions, in either case.



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15,660,000,000,000 SHIB in 24 Hours: Shiba Inu OI Underwater
Crypto Trends

15,660,000,000,000 SHIB in 24 Hours: Shiba Inu OI Underwater

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The sharp decline witnessed in the SHIB trading price has also extended to its derivatives market as data from CoinGlass shows a notable decrease in its open interest over the last 24 hours.

With the data showing that SHIB futures open interest has plunged by 2.19% in the last 24 hours, the declining momentum flashes signals of new selling pressure on the market.

15,660,000,000,000 SHIB committed as bulls relent

Following the decline in SHIB’s derivatives activity, the leading dog-themed meme coin has seen only 15,660,000,000,000 of its tokens committed to open interest in the last day. This is worth $198.48 million per SHIB’s trading price during the period.

After multiple days of high price rallies, it appears that uncertainty is gradually stepping into the crypto market, with sudden price reversals sparking fears and doubts among market participants.

As such, the negative market trend has seen the total amount of money invested in Shiba Inu derivatives over the last day decrease substantially, suggesting reduced optimism and interest among investors.

While investors are still resilient on their bullish sentiments for the “Uptober” rally, they have shown less worry about the sharp reversal in SHIB’s on-chain activities as they believe it is only a brief response to the broader market headwinds; this suggests that the asset will be back on the positive trail in the near term.

With the negative trend reflecting on SHIB’s trading price during the period, data from CoinMarketCap shows that Shiba Inu has recorded a modest decline of 0.09% in the last 24 hours, trading at $0.00001245 as of press time.

Nonetheless, the fall in Shiba Inu open interest has expanded across major trading platforms, with Gate.io seeing a higher decrease of 4.21% in the metric as it accounts for nearly half of the total SHIB futures market.

Coinbase, on the other hand, has seen its SHIB derivatives activity remain on the positive side. While it accounts for only 0.34% of the SHIB derivatives market, the SHIB open interest volume on the U.S crypto exchange has surged by 1.54% over the period.



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Shiba Inu
NFT Gaming

Shiba Inu Developers Respond To $4 Million Exploit With Detailed Update

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Following a significant exploit that compromised its Shibarium bridge, developers behind Shiba Inu (SHIB) have released a detailed update outlining their response to the incident. 

Shibarium Team Implements New Security Measures

According to a post-mortem report, the malicious attack involved a perpetrator submitting three fraudulent checkpoints to Shibarium’s Ethereum mainnet contracts, disrupting the continuity between Heimdall’s local state and the on-chain state. 

After the attack was detected, Shibarium’s Kaal Dhairya announced on social media platform X (previously twitter) that authorities had been alerted, while also expressing a willingness to negotiate with the attacker in exchange for the return of the stolen funds. 

However, no agreement was reached, and the attacker has since moved the stolen assets, leaving the Shibarium team to focus on recovery and security enhancements for the platform.

In light of this, Heimdall intentionally halted operations, pausing legitimate checkpoint submissions to prevent further damage. They also described the attacker’s method, which included a short-lived stake amplification strategy through a 4.6 million BONE delegation. 

This tactic allowed the attacker to cross operational thresholds and attempt to gain unauthorized control over the system. To address these issues, the Shibarium team organized their response into multiple overlapping workstreams, functioning around the clock in collaboration with Hexens.io, an independent reviewer. 

Their approach included daily stand-ups, continuous monitoring of changes, and strict separation of duties among team members responsible for infrastructure, contracts, validator operations, and testnets. 

This aimed to eliminate any single points of failure, employing hardware custody for keys and ensuring every critical change was rehearsed off-chain or on testnets prior to implementation.

Shiba Inu Dev’s Strategy To Compensate Affected Users 

As part of their actions, Shiba Inu devs introduced a rescue method in the StakeManager to recover at-risk BONE tokens. They executed the AdminConsumeLegacyBound function to clean up legacy unbond states associated with the attacker’s contract. 

This response verified that the staking ledger updates were successful, ultimately rescuing the 4.6 million BONE and removing the malicious delegation. Looking ahead, Shiba Inu developers detailed their plans for the near future, which include implementing blacklisting measures in the Plasma Bridge. 

These controls aim to prevent malicious actors from initiating or completing bridge transactions. Once these measures are in place and thoroughly verified, the team intends to restore full bridge functionality.

In addition to these technical updates, Shiba Inu developers are designing a comprehensive plan to ensure that affected users are made whole. 

This plan will incorporate gating, phased limits, and coordination with partners to facilitate safe bridging and withdrawals. Specific details will be communicated only when it is deemed secure to do so.

The daily chart shows SHIB’s price trending upwards. Source: SHIBUSDT on TradingView.com

Featured image from DALL-E, chart from TradingView.com 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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Shiba Inu Price Prediction: Will Uptober Ignite SHIB Breakout?
Crypto Trends

Shiba Inu Price Prediction: Will Uptober Ignite SHIB Breakout?

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Following several weeks of sideways trading and repeated support tests, Shiba Inu (SHIB) is beginning to show signs of renewed strength. A descending trendline that has held the price steady since mid-summer remains a key feature on the daily chart.

The steadily declining exchange reserves for SHIB indicate reduced sell pressure, as fewer tokens remain on exchanges. This pattern suggests that some investors may be positioning themselves ahead of a potential breakout, particularly given the concurrent uptick in transaction activity.

SHIB has successfully reclaimed its 50-day EMA on the daily chart — historically a pivotal level signaling potential momentum shifts — and is currently trading near $0.0000126.

Shibarium attack

Recently, Shibarium, Shiba Inu’s Layer-2 blockchain, faced one of the largest attacks in its history. The attacker attempted to exploit the network by manipulating checkpoints, reportedly staking 4.6 million BONE tokens to gain leverage.

The exploit was triggered on September 12, when a hacker submitted fake data to Shibarium’s Ethereum-linked contracts, prompting an automatic system shutdown as a safety measure. Simultaneously, the attacker staked millions of dollars’ worth of BONE tokens to temporarily meet validator thresholds.

In total, the hacker drained about $4.1 million in ETH, SHIB, and 15 other tokens from the bridge before moving the stolen assets.

Shibarium Bridge Exploit Community Update 17/09/2026

The attacker executed a flash loan swap to acquire 4.6M $BONE from Shibaswap & used those to delegate them to Ryoshi Validator 1. This gave the attacker > 2/3 majority voting on Shibarium validators & the ability to use the…

— Shib (@Shibtoken) September 17, 2025

In response, Shibarium has announced the implementation of blacklisting mechanisms on its Plasma Bridge to prevent similar exploits. The team also plans to gradually restart paused bridges, prioritizing safety and user asset recovery.

Following the attack, SHIB’s price dropped 13% within 24 hours.

Uptober bull run

Despite the setback, Shiba Inu has started October with a bullish setup that could push prices toward $0.00001410. If achieved, this move would align with historical price patterns, marking a potential 11%–40% rally.

Historically, SHIB has performed strongly in October:

  • 2021: +833% surge, pushing SHIB into the global top 10.
  • 2023: +6.04% gain.
  • 2024: +2.46% rise despite a stagnant market.

Shiba Inu price prediction

SHIB currently faces resistance between $0.000012–$0.000013, where the 200-day and 50-day EMAs have converged, creating a strong ceiling. 

Source: CoinMarketCap

The RSI remains in a neutral range, while the recent uptick in reserves slightly dampens the odds of a sustained breakout.

  • Immediate support: $0.00001200 (maintains September’s range of $0.00001170–$0.00001220).
  • Resistance levels: $0.000013–$0.000014 (a breakout could push SHIB to highs unseen since July).
  • Next major resistance: $0.000015–$0.000018, representing a potential 20%–40% upside from current levels.

For SHIB to confirm a successful breakout, it must decisively clear the $0.0000128–$0.0000130 range. Failure to reclaim these levels leaves the asset vulnerable to renewed downward pressure.





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Crypto Market Prediction: Ethereum (ETH): Catastrophic Scenario? XRP Starts $4 Path, Shiba Inu (SHIB): $0.000013 Not Reached
NFT Gaming

Crypto Market Prediction: Ethereum (ETH): Catastrophic Scenario? XRP Starts $4 Path, Shiba Inu (SHIB): $0.000013 Not Reached

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The market is steadily moving forward, but it is important to consider additional risk factors that might disrupt the current state of affairs. Ethereum could form a double-top and hit multiple lows. XRP is on its path to $4 and keeps moving forward, while Shiba Inu has failed to break an important resistance level.

Ethereum’s risk factors

After a strong recovery from below the $4,000 level, Ethereum (ETH) has been rising above $4,500 in tandem with the larger cryptocurrency market. Even though the momentum appears to be improving in the near term, the chart is indicating a possible red flag: a double-top formation that, if verified, could be fatal.

In technical analysis, one of the most well-known bearish reversal patterns is a double top. It occurs when the price twice reaches a high resistance level, is unable to break through and then declines again.

According to Ethereum’s daily chart, the cryptocurrency previously reached a peak between $4,800 and $4,900 before falling. Traders are waiting to see if ETH will be rejected at these levels for the second time, as the price rises once more toward this resistance zone.

The double-top pattern might materialize and lead to a downward move if that occurs. Keeping an eye on the neckline between $4,000 and $4,100 is crucial. The double-top pattern would be confirmed by a clear breakdown below this range, which might pave the way for a decline toward the 200-day moving average, which is close to $3,500.

However, if Ethereum is able to break decisively above $4,900, the bearish thesis would be disproved, and ETH might reach new highs above the psychological $5,000 threshold.

ETH is currently torn between the technical threat of this reversal structure and the optimism fueled by the larger October crypto rally. Although resistance levels have not yet been tested, volume trends indicate that the rebound is strong.

This coming week will be important for Ethereum investors. The double top either solidifies into a bearish reversal that might signal the beginning of a more extensive correction, or ETH may establish a breakout that prepares the way for a new leg higher.

XRP keeps moving

Recent sessions have seen XRP displaying strength, with a distinct break above declining resistance levels igniting fresh market optimism. Following weeks of sideways consolidation, the breakout has generated new momentum that may lead to a move up to $4.

The daily chart shows that XRP has successfully broken out of two significant downtrend lines that have been limiting price growth since the late summer. In addition to indicating fresh buying pressure, this breakout lays the groundwork for future highs. XRP is held above the shorter-term moving averages, which are starting to line up in favor of a bullish continuation, and is currently trading above $3.

XRP has been repeatedly rejected by the $3.20-$3.30 levels, which are the next immediate resistance. The argument for a shift toward the psychological $4.00 barrier would be strengthened by a successful close above this region. When XRP reaches this milestone, it would be one of the strongest recoveries since its precipitous drop earlier in the year.

On the downside, the 200-day moving average at $2.62 serves as an essential safety net for bulls, and support is currently located between $2.85 and $2.90. As long as XRP maintains these levels, the bullish argument is still valid.

The larger market context is what makes this move so intriguing. Known as Uptober, October has historically been a good month for cryptocurrencies, and the new wave of liquidity entering the market may create more tailwinds. The breakout in XRP might be the beginning of a much bigger trend if volume keeps increasing in tandem with price action.

Right now, everyone is watching to see if XRP can continue to gain momentum from its breakout. The path toward $4 is still very much in play if it can confidently clear the next resistance levels.

Shiba Inu’s attempt failed

The crucial $0.000013 level was not reached by Shiba Inu’s (SHIB) recovery rally attempt, as sellers intervened at significant resistance levels. SHIB remains confined within a multi-month descending triangle, restricting bullish follow-through despite recent upward momentum.

SHIB was rejected on the daily chart at the 50-day EMA (orange line), and it is still capped below the heavier 200-day EMA (black line), which is presently trading close to $0.0000136. A significant obstacle that is keeping SHIB from regaining ground is this confluence of moving averages.

The first significant resistance zone that needs to be broken for a successful breakout is currently the $0.0000128-$0.0000130 region. SHIB remains vulnerable if those levels are not regained. The $0.0000120 level is the downside support, and a deeper floor is forming close to $0.0000115. Bearish momentum may pick up speed if the price moves below this area, possibly pushing SHIB in the direction of $0.0000105, which has served as a safety net several times in 2023 and 2024.

Volume did not follow through on the upside attempt, which is what makes this rejection noteworthy. It appears that large holders are still reluctant to push SHIB higher at this point because the move lacked the kind of strong buying pressure that typically confirms a breakout.

Until Shiba Inu makes a clear break above $0.0000130-$0.0000136, it will continue to consolidate with sellers in the lead. Bulls will need to see more momentum and fresh inflows in order to change the trend. A clean bullish breakout would be frustrating for traders if SHIB does not continue to hover within its triangle structure.

To put it succinctly, strong resistance is obstructing Shiba Inu’s upward trajectory, and unless it transcends the $0.000013 region, the possibility of another pullback is extremely real.



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Crypto Market Prediction: XRP Ready for $3, Bitcoin (BTC) Can't Handle It, Is Shiba Inu (SHIB) Ready for $0.00002?
NFT Gaming

Crypto Market Prediction: XRP Ready for $3, Bitcoin (BTC) Can’t Handle It, Is Shiba Inu (SHIB) Ready for $0.00002?

by admin


Uptober continues with explosive rallies here and there: XRP is readying to break $3, Bitcoin is barely handling the enormous buying support it is facing and Shiba Inu might finally be ready for $0.00002.

XRP can smell $3

Right now, XRP is hovering just below $3, one of the most important resistance levels on its daily chart. Even though the asset has recovered from recent lows thanks to bullish momentum, the technical setup indicates that XRP may soon face a make-or-break moment. On the daily chart, short-term buyers are pushing the price toward the descending trendline resistance as XRP rises back above its 50-day EMA. 

XRP/USDT Chart by TradingView

This level is very close to the crucial $3 threshold and has consistently rejected XRP since its peak in July. Selling pressure is particularly strong in this area due to the presence of a distinct downward-sloping resistance line and convergent moving averages. Despite the fact that interest in the asset has returned, the moderate volume indicates that there is not enough explosive confirmation to indicate a real breakout.

The RSI, on the other hand, is at about 55, giving XRP some leeway for growth while simultaneously indicating traders’ caution. Higher levels at $3.20 and $3.50 might become possible if XRP can decisively break through the $3 resistance. The chart does, however, clearly indicate that this zone will serve as a barrier.

If the price does not break $3, it might retrace back toward $2.84 or even lower to $2.61. In the past, XRP has had difficulty holding onto gains above $3 in the absence of powerful catalysts, and the momentum of Bitcoin continues to dominate the market today. If there are no notable volume inflows or fundamental news, XRP might experience yet another severe rejection.

Bitcoin overheating

Bitcoin is on its way to hitting the $120,000 mark. A warning sign for the rally, though, is that Bitcoin is now approaching overbought conditions on a number of time frames, which raises the possibility of a pullback.

Bitcoin has surged above the 50 and 100 EMAs on the daily chart, demonstrating strong momentum following its recovery from support around $112,000. The RSI is currently above 70, indicating that the rally may be ahead of itself, even though momentum is still strong. Although volume has also increased during the surge, indicating that buyers are actively driving prices higher, these parabolic movements frequently result in temporary exhaustion.

BTC/USDT Chart by TradingView

It is interesting to note that increased uncertainty in conventional markets is accompanied by this most recent rally. The U.S. government shutdown this week has caused volatility in the bond and equity markets. Bitcoin has historically done well in these times, and investors have used it as a substitute hedge. Indeed, when the previous U.S. government shutdown occurred, Bitcoin also saw a significant surge as traders sought assets outside of traditional finance.

The key resistance level, which serves as both a psychological barrier and a possible profit-taking zone, is currently at $120,000. The next targets for Bitcoin, if it can cleanly break above this level, are between $124,000 and $126,000. On the downside, the 200 EMA is close to $106,500, which would act as a deeper reset level if momentum wanes and $114,000 provides immediate support.

Shiba Inu’s key confrontation

As it moves closer to the $0.000012 resistance level, Shiba Inu is confronted with one of its most crucial technical moments in months. This level could dictate the token’s course over the next 1-2 months, making it more than just another price checkpoint.

The daily chart shows that, following weeks of sideways consolidation, SHIB has recovered well from support around $0.0000114, regaining bullish momentum. As the price moves closer to the upper limit of its symmetrical triangle pattern, the 50 and 100 EMAs are serving as immediate obstacles.

SHIB is currently testing the $0.000012 zone, which has historically served as both strong support and resistance. A decisive breakout above this level could open the doors to $0.0000136 and $0.000014, aligning with the descending trendline resistance from earlier peaks. During this climb, volume has started to rise, albeit not dramatically, indicating cautious optimism among traders rather than pure euphoria.

The RSI, meanwhile, is slightly above 50, suggesting that the market is balanced and has potential for both upward continuation and correction should momentum wane. The downside risk is a return to the $0.0000114-$0.0000112 support range if SHIB is unable to break through $0.000012 with conviction. The consolidation phase would be prolonged by such a rejection, possibly postponing any breakout attempts until late October or early November.

Given the bullish sentiment on the larger cryptocurrency market, particularly with Bitcoin regaining its higher levels, and October (also known as Uptober) historically favoring rallies, SHIB’s current test is very important. Restoring retail flows into the token and solidifying bullish sentiment could be achieved by a successful breach of $0.000012.



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Shiba Inu
GameFi Guides

Can The Shiba Inu Price Reach $0.00008 ATH Again? What The Volume Levels Say

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The Shiba Inu price saw an over 5% surge on Wednesday to kick off the new month of October in the green. This was not caused by any development that was unique to the meme coin, but rather by a rapid surge in the Bitcoin price, which took most of the crypto market along with it. Nevertheless, it was a welcome change after a dreary September that saw the Shiba Inu price fall below $0.000012. But as this recovery moves forward, we take a look at the volume and what the levels point to.

Volume Levels Show Shiba Inu Price Is Far From All-Time High

Using volume data from the Coinglass website, it gives a clear view of participation from crypto investors when it comes to the Shiba Inu and how the meme coin is performing relative to times of rapid price acceleration. At the current level, there is still a lot to be desired, especially as the Shiba Inu daily trading volumes remain quite low.

Data shows that the Shiba Inu daily volume was averaging at around $200 million back in September, and this was low compared to the previous months. It also coincides with the drop in participation and the bearish sentiment that plagued the market, especially toward the end of the month.

Despite starting out on a bullish note, the month of October has not seen much change either. Coinglass data shows just over $150 million in trading volume at the time of this writing, similar to CoinMarketCap’s $206 million, taking into account spot trading volume.

Source: Coinglass

What This Means For The SHIB Price

With low volume, it suggests that the Shiba Inu price is not yet ready for a big rally. Looking at historical data, it shows that the times when the biggest rallies have happened for the meme coin were when there were large spikes in volume.

This was the case back in 2021 when the Shiba Inu price recorded its all-time high of $0.000088, and the trend has been evident at other times when there have been major rallies, such as back in March 2024 when the price rose from $0.000009 to $0.000023. Given this, there would need to be a large volume influx if the Shiba Inu price is to reclaim its all-time high again.

Nevertheless, there have also been some bullish developments for the meme coin, such as exchange balances dropping to their lowest levels since 2023. This suggests that investors are choosing to wait for better prices before they sell, thus reducing the selling pressure on the cryptocurrency.

SHIB struggles as breakout takes hold | Source: SHIBUSDT on Tradingview.com

Featured image from Dall.E, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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Crypto Market Prediction: Bitcoin (BTC) to Rocket to $130,000? Shiba Inu (SHIB) Hits $0.000012 Breakout, XRP Breaks 5 Resistances in 1 Move
GameFi Guides

Crypto Market Prediction: Bitcoin (BTC) to Rocket to $130,000? Shiba Inu (SHIB) Hits $0.000012 Breakout, XRP Breaks 5 Resistances in 1 Move

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Bitcoin, Shiba Inu and XRP are all showing bullish momentum: BTC has reclaimed key EMAs and targets $125,000-$130,000 if it holds above support; SHIB has broken $0.000012 with volume but must maintain strength to avoid retracing; and XRP has reset its outlook by clearing all major EMAs with resistance ahead at $3.00-$3.20.  

Bitcoin is back

A recent strong rally that drove the price of Bitcoin (BTC) to $116,800 has put the cryptocurrency back in the public eye and sparked speculation about a possible breakout toward the $130,000 mark. Exponential moving averages (EMAs), which are frequently a sign of increased volatility and decisive actions, are convergent toward the current price, and the recent surge coincides with rapidly aligning technical indicators.

Bitcoin has reclaimed the 100 and 200 EMAs on the four-hour chart, breaking above significant short-term resistance with robust bullish momentum. An impending breakout is indicated by the 20 EMA and 50 EMA aligning near the price level, which further narrows the range. As the market builds pressure before releasing into a new trend, this compression of moving averages usually occurs before explosive moves.

Growing buyer conviction is reflected in the spike in trading volume, which supports the breakout potential. Additionally, momentum indicators show growing strength, and the RSI is above 68 and is approaching overbought territory without exhibiting any overt signs of exhaustion just yet. Bulls continue to hold a firm grip on the market as long as Bitcoin consolidates above $115,000.

If Bitcoin sustains its momentum and breaks through the $118,000 resistance level, the trajectory toward $125,000-$130,000 becomes more feasible. Nevertheless, traders should continue to exercise caution. Even though the technical picture is in favor of bulls, short-term pullbacks could be caused by overextended conditions.

The breakout attempt could be deemed invalid, and sellers could be invited back to the market if the price fails to hold above $113,000. For the time being, it is evident where Bitcoin is headed: EMAs are convergent, volatility is increasing and the stage is set for a possible skyrocketing that could push the price closer to $130,000.

Shiba Inu momentum back

In the short term, Shiba Inu has recovered its momentum, breaking through the $0.000012 level and displaying a robust green candle that suggests fresh buyer interest. The action follows SHIB’s successful break through the 50 EMA on the four-hour chart, a crucial dynamic resistance level that had been limiting price action for the previous two weeks. This technical milestone raises the possibility of an impending breakout.

Volume has increased significantly during the most recent push, suggesting that the rally is supported by real participation rather than just low liquidity. With an RSI of 66, the market is getting close to overbought but still has some upside potential before showing signs of exhaustion.

SHIB’s next obstacle, which is located close to the 100 and 200 EMA levels and grouped around $0.0000125-$0.0000130, is the break above short-term resistance. Still, prudence is necessary. Even with the breakout, SHIB is still trading inside a larger descending structure, and unless higher highs are set, the long-term trend is still bearish.

If momentum is not maintained above $0.0000120, SHIB may retrace and return to support in the range of $0.0000114-$0.0000118. Recent on-chain data, indicating notable declines in exchange reserves — a bullish signal that lessens possible selling pressure — has also influenced market sentiment regarding Shiba Inu.

But as previous rallies have shown, SHIB is still susceptible to steep declines if buyers are unable to maintain pressure.

XRP breaking through

In a single move, XRP broke through several resistance levels on the four-hour chart, putting on one of its best technical performances in weeks. The descending trendline that had restrained the token’s price action since mid-September was bypassed, along with the 20 EMA, 50 EMA, 100 EMA and 200 EMA. A wider recovery was made possible by this single decisive breakout, which broke through almost all of the short-term obstacles in its path.

With its current price around $2.95, XRP has essentially reset its technical outlook. The emphasis now moves to higher time frames, where the next significant obstacle is located between $3.00 and $3.05, since there are no significant obstacles remaining on shorter time frames. With momentum, XRP may move toward the larger descending channel resistance near $3.20 if bulls are able to secure a close above that zone.

This spike occurs at the beginning of Uptober, which is known for producing significant gains on the cryptocurrency market. With both Bitcoin and altcoins achieving above-average returns in previous cycles, October has frequently signaled the start of fourth-quarter rallies. The combination of XRP’s strong breakout and the seasonal effect raises the possibility that market sentiment is shifting in favor of additional upside.

Additionally, volume spikes on the breakout point to real market activity as opposed to a feeble short squeeze. With the four-hour chart’s RSI at 66, it is getting close to being overbought, but not yet overheated, allowing for further short-term momentum.

XRP is now poised for a possible trend reversal after overcoming weeks of consolidation. In keeping with October’s bullish undertones, the asset’s renewed strength is demonstrated by a clean break of five resistances in a single move. XRP might be about to embark on its next phase of recovery if Uptober goes as history predicts.



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Shiba Inu Volume Suddenly up 26,691% on Kraken, Here's Likely Reason
GameFi Guides

Shiba Inu Volume Suddenly up 26,691% on Kraken, Here’s Likely Reason

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Shiba Inu has seen a sudden hourly volume surge on Kraken, rising +26,691.75%. According to CoinGlass data, the SHIBUSDT spot trading pair on Kraken saw a 26,691% volume surge in the last hour to come in at $58,690.

While the reason for the spike remains unknown, there are a few likely reasons. A surge in trading volume most often reflects traders’ positioning.

Shiba Inu has seen a price surge in recent hours, posting a large “marubozu candle” at one point on its hourly chart, which took its price from $0.00001186 to $0.00001223.

The Marubozu candlestick pattern represents one that has no shadows, indicating high market pressure. It indicates that the price traded in one strong direction.

A green marubozu candlestick in the case of Shiba Inu suggests strong buying pressure accompanied by a major increase in trading volumes.

In the last 24 hours, Shiba Inu’s total spot trading volume has increased to $206.09 million, according to CoinMarketCap data.

12,733,930,024 SHIB shorts liquidated in positive October start

At press time, SHIB was up 4.9% in the last 24 hours to $0.00001231, marking a positive start to October.

Shiba Inu fell for two straight days at September’s close to hit a low of $0.00001155 on Sept. 30. The first day of October saw a significant SHIB price rise from $0.00001176 to $0.00001236. The price move caught shorts or traders betting on a further SHIB price drop unawares, leading to significant short liquidation.

According to CoinGlass data, 12,733,930,024 SHIB  short positions have been liquidated in the last 24 hours. This accounts for the majority, or $156,500 out of the total liquidation figure of $173,210, in the past day.



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Crypto Market Prediction: Shiba Inu (SHIB) Moon Landing, Dogecoin (DOGE) Trapped in $0.23, XRP: Most Important Event for $3
Crypto Trends

Crypto Market Prediction: Shiba Inu (SHIB) Moon Landing, Dogecoin (DOGE) Trapped in $0.23, XRP: Most Important Event for $3

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The market’s state right now is quite unexpected: multiple assets are trying to break through. However, there is not much bullish volume consolidation out there. 

Key SHIB support

The much-discussed moon for Shiba Inu is not about prices soaring, rather, it is a significant historical ground support level that has repeatedly supported the token. SHIB is now trading close to $0.0000119, where it is pressed up against the lower edge of its long-running symmetrical triangle — where support has frequently been the final floor. 

SHIB/USDT Chart by TradingView

When SHIB returns to its most crucial support zone, it is said to be moon landing. This level could either stabilize the market or pave the way for further declines. The chart structure of SHIB shows a narrowing triangle made up of stable well-defended support at $0.0000110-$0.0000115 and lower highs since August. Since each test has generated a lot of buyer interest in recent months, this area has essentially turned into SHIB’s moon base. 

If bulls maintain this hold, they may be able to lay the groundwork for a subsequent attempt toward the pattern’s upper boundary, which is located closer to $0.0000140-$0.0000150. In the short term, however, moving averages are bearish. By hovering over the current price action, the 100-day and 200-day EMAs serve as layers of overhead resistance.

Momentum indicators, such the RSI — which is in the mid-40s and lacks directional conviction — support the fragile state. A decrease in trading volume also reflects participant hesitancy. SHIB could lose its moon ground support, which would be dangerous.

Prices could drop into the $0.0000090-$0.0000100 range, which would be levels not seen since the early summer, if there was a clear break below $0.0000110, invalidating the triangle. On the other hand, SHIB has a chance to rise again as long as the base holds and any advance above the descending resistance line could lead to a brief rally. 

Dogecoin’s tense range

Dogecoin is currently trading in a tight and tense range around $0.23, and the market is giving the indication that a significant move may be imminent. DOGE has now settled into a compressed zone, situated directly between critical moving averages following a retracement from its late-September highs located around $0.30. Often, explosive volatility comes after this tight setup. 

Shorter-term averages like the 20-day and 50-day EMAs also cluster close to DOGE, which is currently pinned between the 100-day EMA and the 200-day EMA on the chart. This effectively traps price action by creating a congestion zone. Traders are keeping a close eye on things because momentum could pick up speed as soon as DOGE decides on a course out of this compression. According to the bearish argument, thinning volumes and recurrent rejections from the $0.25-$0.26 region indicate waning bullish interest. 

DOGE/USDT Chart by TradingView

If DOGE breaches the 200 EMA support at $0.22, downside targets might reach $0.20, the location of a prior accumulation base. The bullish scenario should not be discounted, though. In recent months, DOGE has consistently demonstrated resilience at these levels. A recovery could be triggered by holding above the 200 EMA, particularly if the price breaks through the overhead resistance at $0.24-$0.25.

Buyers might then retarget $0.28 and higher. At 45, the RSI is neutral, meaning that it can move in either direction without becoming overly stretched. In keeping with the calm-before-the-storm theory, volume has considerably decreased in comparison to previous surges.

Dogecoin is still in limbo at this time. The next trend will probably be determined by a clear break of either boundary, and given the current compression, volatility could skyrocket when the breakout occurs.

XRP’s decisive technical move

After battling under layered resistance for weeks, XRP demonstrated a decisive technical move by breaking above the 100-day EMA. As the first definite bullish signal since the decline in September, it prepares the market for a potential retest of the psychologically significant $3.00 level. However, there is still a significant obstacle in the way and the path ahead is still complicated. 

Although recovering, the 100 EMA is a good place to start. XRP is currently getting close to the 50-day EMA. This level has historically served as bears’ more effective line of defense and frequently determines whether breakouts maintain momentum or quickly fade. XRP could make another attempt to reach the $3.00 region, where descending trendline resistance and psychological pressure converge, if it can create support above the 50 EMA. 

Even with the technical advancement, volume is still very low, underscoring the lack of conviction in the current bounce. Based on the low participation, a lot of traders are holding off on investing money until there is a verified breakout or a more erratic trigger. XRP could stall at the 50 EMA and reenter the consolidation zone around $2.80-$2.85 in the absence of more robust buying pressure.

The bullish argument is based on XRP staying above the 100 EMA and breaking through the 50 EMA fast. By drawing in sidelined buyers, such a move might quicken momentum and prepare a run to $3.00 and possibly $3.20. 

But in the bearish scenario, the 50 EMA would be rejected and there would be fresh downward pressure heading toward the 200 EMA at $2.65, which has frequently served as deeper support. At this point, XRP is going through its most significant event in months at $3. When volume breaks above the 50 EMA, bulls will take back control. If this goes wrong, the rally could end up being another false start.



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