Investment
Features
FeesSafety
Academy
More
Pluang+

Shiba Inu price breaks key uptrend support, signaling potential further declines ahead.

Technical Signals
12 Apr 2026
UToday
View Source
Bearish
pluang ai news

Shiba Inu (SHIB) has broken below its crucial ascending trendline support, ending its short-term uptrend that began in early March. The price currently hovers around $0.0000058, with technical indicators showing no bullish momentum or strong buying interest. This breakdown suggests that the previous recovery was corrective, and SHIB may continue its larger downtrend, possibly retesting recent lows. Investors should be cautious of any short-term bounces as the uptrend structure is no longer valid and further price drops are likely.

More News (SHIB)

Shiba Inu exchange reserves drop by 1.4 trillion SHIB in 10 days, signaling mixed market signals.

Shiba Inu exchange reserves drop by 1.4 trillion SHIB in 10 days, signaling mixed market signals.

In the past ten days, Shiba Inu (SHIB) exchange reserves have decreased by about 1.4 trillion tokens, dropping total reserves to 86.48 trillion SHIB. This reduction often suggests bullish sentiment as investors move coins from exchanges to private wa...

Technical Signals
Neutral
5 hours ago
Memecoin sell-off on Binance hits $1.2B, signaling bearish crypto market and declining investor interest.

Memecoin sell-off on Binance hits $1.2B, signaling bearish crypto market and declining investor interest.

Since Bitcoin's peak in November 2025, Binance has seen a $1.2 billion net sell-off in memecoins like DOGE, SHIB, and PEPE, reflecting a strong bearish trend. This decline aligns with Bitcoin dropping over 50% from its all-time high and altcoins faci...

Market News
Bearish
9 hours ago
Dogecoin struggles under key resistance, risking further decline amid weak buying momentum.

Dogecoin struggles under key resistance, risking further decline amid weak buying momentum.

Dogecoin (DOGE) faces bearish pressure as it remains below critical resistance between $0.076 and $0.083, limiting recovery after a sharp June drop. Despite easing selling pressure indicated by the RSI, the price continues to form lower highs, signal...

Technical Signals
Bearish
16 hours ago
NEAR Protocol gains strength above $2, while XRP, SHIB, and DOGE struggle in bearish trends.

NEAR Protocol gains strength above $2, while XRP, SHIB, and DOGE struggle in bearish trends.

NEAR Protocol has broken above the key $2 level and is trading above its major moving averages, signaling a potential bullish recovery. In contrast, XRP remains stuck below critical resistance levels and continues a corrective phase. Memecoins Shiba ...

Technical Signals
Neutral
17 hours ago
SBI launches XRP lending platform in Japan; SHIB inflows spike 76%, Bitcoin eyes $64K resistance amid inflation drop

SBI launches XRP lending platform in Japan; SHIB inflows spike 76%, Bitcoin eyes $64K resistance amid inflation drop

SBI Digital Finance and Doppler Finance are partnering to create a regulated XRP lending infrastructure for Japanese institutions, enabling XRP to be used as collateral to unlock liquidity. Meanwhile, Shiba Inu (SHIB) saw a 76% increase in average to...

Market News
Bullish
1 day ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App