SHIB Price Jumps 8%, But Whale Holdings Hit 2-Year Low | Airdrop Alert Pro

shiba inu(Hebrew) In the past seven days, the price has risen 8% as it tries to recover from a 25% decline in the past month. Shib is currently at a market capitalization of $9.5 billion and is working towards the $10 billion mark, consolidating its position as the second largest meme coin, second only to Dogecoin (Doge).

Despite these short-term gains, the main indicators show different signals. RSI Failure to reach excessive levels and sustained decline in whale holdings. Whether Shib can maintain its recovery or further disadvantages will depend on its ability to break key resistance levels and restore stronger buying momentum.

Shib RSI failed to reach 70 yesterday

Shiba Inu RSI rose to 67.6 yesterday and is currently 51.6. This movement shows that buying momentum has increased but failed to push RSI toward too many areas.

The fact that RSI has not exceeded the highest level of 70 since January 17 shows SHIB buying The pressure is great, but not overwhelming. Now that RSI has returned to neutral levels, the price action can be stable before deciding on the next step.

this RSI measurement momentum In a condition where a value above 70 indicates excessive amounts, a value below 30 indicates an oversell level. and Shib RSI At 51.6 it is in the neutral zone, which means there is no obvious bullish or bearish dominance.

Failure to enter too much area may mean that the upward momentum is fading, which may lead to a merger or a slight callback. However, if the purchase pressure returns and RSI climbs again, Shib prices may break through again.

Zhiyinu whales have reached their lowest level since 2022

quantity chib whale – At addresses holding at least 1,000,000,000 chips – the lowest level since July 2022 fell to 10,546. This decline suggests that big holders have been lowering their positions, which may indicate weaker confidence among major investors.

Since whales often affect price action due to their holdings, the continued decline in their numbers will indicate long-term accumulation and potential sales pressure.

Tracking whale activity is crucial because these large holders can affect liquidity, volatilityand overall market sentiment. quantity Shiba Inu Whales began to decline sharply in mid-January, down to 10,628 from January 12 to January 26.

Although this decline has slowed down in recent days, the trend remains down. If this model continues, it may limit the price capability to maintain strong gatherings, as fewer large investors are accumulating, which may lead to weaker price support.

SHIB price forecast: Will Shib continue to decline?

The SHIB EMA line shows that the short-term trend remains below the long-term trend and maintains a bearish structure. However, the gap between them began to narrow compared to previous weeks, which may mark the Potential shift in momentum.

If this trend continues, it may indicate that sales pressure is declining, opening the door to possible recovery.

if SHIB price An uptrend can be established, and it can test resistance at $0.0000172, a level that has not been broken recently. A successful breakthrough could lead to a push of $0.0000196, with a strong rise likely to recoup $0.0000249, the highest price since mid-January.

On the other hand, if bearish momentum strengthens again, Shib may fall under the support of $0.0000146. Losing this level could see a drop to $0.0000116, with the sign likely to drop by 27.9%.