{"id":9844,"date":"2025-06-18T15:45:00","date_gmt":"2025-06-18T14:45:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=9844"},"modified":"2025-06-18T15:30:55","modified_gmt":"2025-06-18T14:30:55","slug":"shiba-inu-shib-price-dip-rebound","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/shiba-inu-shib-price-dip-rebound\/","title":{"rendered":"Will Shiba Inu Bounce Back After the Dip ? Key Signals to Watch"},"content":{"rendered":"\n

Shiba Inu Adopts New Technologies<\/h2>\n\n\n\n

Shiba Inu<\/a><\/strong> is no longer just seen as a mere memecoin. The recent beta release of the Shib Alpha<\/strong> layer, a privacy-focused rollup stack built on fully homomorphic encryption, showcases the cryptocurrency’s <\/a>ambitions. Developed in collaboration with the crypto company ZAMA<\/strong>, this technology enables smart contracts to process encrypted data without exposing sensitive information. This paves the way for new decentralized applications<\/strong> in sectors like healthcare and finance.<\/p>\n\n\n\n

This layer brings together various RollApps in a unified interface on Shibarium<\/strong>, thereby enhancing the scalability and convenience of the Shiba Inu ecosystem. These technological advancements underline the project’s determination to transcend its initial memecoin image and evolve into a useful and scalable blockchain<\/strong>.<\/p>\n\n\n\n

Technical Analysis of SHIB Price<\/h2>\n\n\n\n

Despite these promising developments, the price of Shiba Inu is currently facing downward pressure. A massive sale of 211 million<\/strong> SHIB shook the market yesterday, momentarily overshadowing the bullish narrative.<\/p>\n\n\n

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\"Shiba
Source: TradingView<\/figcaption><\/figure>\n<\/div>\n\n\n

At the time of writing, SHIB is trading at $0.00001171<\/strong>, with a decrease of 1.36%<\/strong> over the past 24 hours and a more significant drop of 12.68%<\/strong> over the week. Its market capitalization has slipped to $6.9 billion, while the intraday trading volume stands around $153.42 million, slightly down by 0.60%.<\/p>\n\n\n\n

On the 4-hour chart, SHIB<\/a> struggles to stay above the 20-period moving average of the middle point of the Bollinger Band at $0.00001194<\/strong>. The price sticking to the lower Bollinger Band reflects persistent downward pressure. However, a slight rebound at $0.00001152<\/strong> suggests reactive buying interest.<\/p>\n\n\n\n

Technical Signals and Future Outlook<\/h2>\n\n\n\n

The RSI<\/strong> is at 42.30<\/strong>, advancing from oversold levels, indicating early signs of bullish divergence. However, with the RSI below the neutrality mark of 50, sellers still maintain some dominance.<\/p>\n\n\n\n

From a technical standpoint, a breakout above $0.00001194<\/strong> would be the first bullish signal. Conversely, a drop below $0.00001137<\/strong> could pave the way to the psychological support zone at $0.00001100<\/strong>.<\/p>\n\n\n\n

With ongoing technological developments and signs of a possible technical rebound<\/strong>, SHIB investors will need to closely monitor price movements in the coming weeks. Shiba Inu’s ability to transform its image<\/strong> into a useful and innovative blockchain will be crucial for its future.<\/p>\n\n\n\n

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Buy Shiba Inu (SHIB) on Bitget !<\/a><\/div>\n<\/div>\n\n\n\n

More on this topic :<\/strong><\/p>\n\n\n\n