SHIB Price Consolidates Near $0.0000225 Resistance | Airdrop Alert Pro

Shiba Inu(SHIB) price has fallen 5.6% in the past seven days but has recovered 3% in the past 24 hours as it attempts to regain momentum. Relative Strength Index (relative strength index) remains neutral at 50.9, reflecting balanced buying and selling pressure, while whale activity has stabilized after recent losses.

SHIB is trading close to key levels, with the potential to test key resistance levels if the uptrend strengthens, or support areas if selling pressure increases.

Shiba Inu RSI has been neutral since December 20

Shiba Inu The RSI is currently at 50.9 and has remained in neutral territory since December 20. This level indicates a balance of buying and selling pressure, with neither side taking a clear dominant position. The stability of the RSI indicates SHIB Prices are consolidating and traders remain undecided on which direction to take next.

This neutral reading reflects a lack of apparent momentum, leaving the price vulnerable to external factors or potential triggers from changes in market sentiment.

RSI is a momentum indicator that measures the speed and intensity of price changes on a scale of 0 to 100. Readings above 70 indicate overbought conditions and often signal a potential price correction, while readings below 30 indicate oversold conditions and the possibility of a recovery.

SHIB’s RSI is 50.9, which is around the midpoint, indicating that it is neither overbought nor oversold. In the short term, this neutral RSI suggests SHIB price Unless buying and selling activity increases significantly to drive momentum in a clear direction, range trading is likely to continue.

SHIB whale activity stabilizing

Shiba Inu Whales (defined as addresses holding at least 1 billion SHIB) reached a monthly high of 10,930 on December 19 but have been steadily declining since then.

The number of SHIB whale addresses is 10,861 and has remained below 10,900 since December 20. This stabilization comes after a period of decline, indicating that large investors are currently neither actively adding to their holdings nor significantly reducing their positions.

Tracking whale activity is crucial because these large holders often drive market trends due to their ability to execute significant trades. Their accumulation can generate upward momentum, while distributions can lead to selling pressure.

Currently stable at SHIB Whale numbers indicate neutral sentiment among major investors.

SHIB Price Forecast: Will the Recovery Sustain?

If the current uptrend strengthens, Shiba Inu price Positioned to test resistance at $0.0000225. A break above this level could pave the way for further gains, with the next resistance targets at $0.000024 and $0.000026.

A strong uptrend would signal increasing bullish momentum, potentially attracting more buying interest and pushing SHIB to higher levels.

However, if the uptrend loses momentum and a strong downtrend occurs, SHIB price A test of the first support level at $0.0000198 is likely. Failure to hold this level could lead to further declines towards $0.0000185, indicating increasing selling pressure.

These key resistance and support levels will likely define SHIB’s short-term trajectory, and traders will be watching closely to see whether bullish forces prevail.