XRP News Today: Shiba Inu's Price Battle: Bulls and Bears Clash at Critical Juncture

Shiba Inu (SHIB) remains in a precarious position as its price consolidates within a narrowing symmetrical triangle pattern, with both bullish and bearish forces vying for dominance. The memecoin's layer-2 network, Shibarium, is navigating a critical recovery phase after a $4 million exploit in late September disrupted operations and eroded investor confidence. Despite efforts to refund victims and secure the network, SHIB has lost 23% of its value year-to-date, trading at $0.0000127 as of press time.

Technical indicators suggest the token is on the cusp of a breakout. The price hovers near key resistance at $0.0000135 and support at $0.0000113, with Bollinger Bands tightening to signal volatility compression. A break above $0.0000135 could propel SHIB toward $0.0000160, while a drop below $0.0000113 risks a retest of $0.0000100. The Relative Strength Index (RSI) sits at 53, reflecting neutral momentum, while the MACD line crosses slightly above the signal line, hinting at a mild bullish bias.

However, on-chain data tells a mixed story. Whale activity has surged, with top 100 SHIB wallets accumulating nearly 21 trillion tokens in 90 days. This accumulation, coupled with a 640% weekly increase in token burns, has pushed SHIB's market cap above $8.2 billion. Yet, exchange reserves are drying up, and large holder netflows have fallen 70%, raising concerns about liquidity and potential sell-offs. Analysts note that while reduced exchange balances often signal bullish sentiment, the simultaneous spike in whale transactions-$97 million in large SHIB trades on March 20-could indicate profit-taking rather than long-term commitment.

Bullish Divergence or False Hope?

Some analysts argue that SHIB's price action hints at a potential rebound. The Chaikin Money Flow (CMF) indicator has risen above the neutral zero line despite the price decline, forming a bullish divergence. On-chain metrics also suggest waning selling pressure, with SHIB's Network Realized Profit/Loss remaining negative-a sign most holders are underwater and less likely to sell. Meanwhile, futures traders exhibit bullish sentiment, evidenced by a positive funding rate of 0.0082%.

Yet, bearish risks persist. A 70% drop in whale netflows has left SHIB trading below $0.000014, a critical psychological level. The token's descending triangle pattern and bearish MACD histogram underscore the risk of further declines toward $0.000010. Additionally, daily active addresses have fallen to monthly lows, signaling diminished retail participation.

Price Predictions and Long-Term Outlook

Short-term forecasts vary. A 2025 analysis from Blockchain.News predicts SHIB could rally 15–25% to $0.000018 by October 2025 if RSI crosses above 40 and the 20-day EMA is breached. Conversely, bearish scenarios warn of a 15–25% drop to $0.000011–$0.000012 if support levels fail. Long-term projections from Benzinga suggest SHIB could reach $0.00010 by 2030, though this hinges on ecosystem developments like Shibarium's success and broader market adoption.

The broader crypto landscape offers both hope and caution. Ethereum (ETH) and XRP have shown strength in early 2025, driven by ETF inflows and regulatory clarity. Meanwhile, PlutoChain ($PLUTO) is attracting whale attention with its Bitcoin-compatible scalability solution. For SHIB, its ability to leverage its expanding ecosystem-including ShibaSwap and BONE token-will be critical to differentiating itself from newer meme coins.

[1] Shiba Inu (SHIB) Price Stalls as Shibarium Unveils $4M in Refunds for Exploit Victims (https://www.coinspeaker.com/shiba-inu-shib-price-stalls-as-shibarium-unveils-4m-in-refunds-for-exploit-victims/)

[2] SHIB Buyers Watch for Potential Recovery Amid Bullish Divergence (https://beincrypto.com/shib-buyers-eye-possible-rebound/)

[4] SHIB Price Prediction: Technical Indicators Signal Potential 15-25% Recovery to $0.000018 by October 2025 (https://blockchain.news/news/20250925-price-prediction-shib-technical-indicators-signal-potential-15-25)

[5] Shiba Inu (SHIB) Price Predictions: 2025, 2026, 2030 (https://www.benzinga.com/money/shiba-inu-price-prediction)

[8] Shiba Inu Price Dips 17%, But Whale Accumulation Offers Hope (https://thecurrencyanalytics.com/altcoins/shiba-inu-price-slips-on-bearish-grounds-but-top-wallets-signal-a-twist-191527)

[9] Shiba Inu Reserves Plummet as Whale Transactions Surge-Why? (https://news.shib.io/2025/03/25/shiba-inu-reserves-plummet-as-whale-transactions-surge-why/)

[10] Shiba Inu Whale Exodus: 70% Outflows Fuel Bearish Concerns (https://thecurrencyanalytics.com/defi/shiba-inu-whale-exodus-70-outflows-fuel-bearish-concerns-165665)

[12] Top Crypto Projects in 2025: BlockDAG, XRP, ETH (https://www.crypto-reporter.com/news/heres-why-blockdag-xrp-ethereum-shiba-inu-rank-as-top-crypto-projects-in-2025-107852)

[13] February 2025 Breakout? Ripple (XRP), Shiba Inu ... (https://www.coinspeaker.com/ripple-shiba-inu-and-ethereum-price-predictions-signal-ath-as-plutochain-attracts-whales/)

[14] Here's Why Ethereum, XRP, and Shiba Inu Are Rising to Start 2025 (https://www.fool.com/investing/2025/01/02/heres-why-ethereum-xrp-and-shiba-inu-are-rising-to/)