Shiba Inu Rises 2.4% Amid Whale Selling, Expansion Plans

Shiba Inu's latest price was $0.00001240, up 2.4% in the last 24 hours. The cryptocurrency has faced a challenging period, with its September performance reflecting broader concerns in the market. The token has declined in three of the past five Septembers, and recent data shows a significant increase in whale selling, up by over 181% in the past month. This bearish sentiment is further supported by the Average Directional Index (ADX), which has dropped to 18.4, indicating a lack of directional conviction and potential for further decline if support levels fail to hold. Despite these challenges, the Shiba Inu team remains optimistic, announcing ambitious expansion plans across Asia, including tours through Korea, Japan, and China, to drive adoption and reduce reliance on hype.

Shiba Inu has been struggling to gain dominance in the market, particularly within the $0.0000120 to $0.0000130 range. The recent market action shows a trend toward declining momentum, with the Relative Strength Index (RSI) sitting at 46, signaling weak market interest. The token faces resistance from several moving averages, including the 200-day EMA near $0.0000139, creating challenges for any significant upward movement. The broader consequences of the delisting from BitMEX highlight the potential for further struggles for Shiba Inu, as the removal from a major platform may influence other exchanges to reconsider their exposure to the token.

Shiba Inu experienced a short-term bearish signal known as a death cross on the hourly chart, which occurred when a faster moving average crossed below a slower one. However, the token quickly rebounded, invalidating the immediate downside and signaling mixed momentum for traders. The death cross coincided with an intraday low, but a sharp rebound followed, reflecting a market-wide uplift after weaker-than-expected jobs figures from the Bureau of Labor Statistics. This rebound highlights the importance of combining moving average crossovers with volume and multi-timeframe confirmation for traders and investors.

Shiba Inu has recently captured attention within cryptocurrency circles. Analysts point to specific technical developments influencing its current trajectory. A noted bullish MACD divergence observed in its chart patterns broke through an established structure, signaling potential momentum shifts under certain conditions. Community discussions highlight various technical targets associated with this movement.

Broader market patterns show Shiba Inu navigating a period lacking definitive direction as of September 2025. Observers note a continuation of trends that have remained ambiguous, keeping market participants watchful for clearer signals. This contextual backdrop sets the stage for how the asset is perceived during this cycle.

Attention is also focused on whether Shiba Inu can defy its historical seasonal pattern, often referred to as "September's curse" by some commentators. Overcoming this perceived seasonal trend presents a point of interest within crypto discourse. The path forward is seen as contingent on achieving sustained volume growth and holding above critical technical resistance levels.

Broader ecosystem development remains a factor. While specific projections are avoided per guidelines, ongoing network upgrades and development efforts contribute to the foundational context surrounding the asset. The presence of Shiba Inu on analysts' lists reviewing alternative cryptocurrencies indicates continued relevance alongside other major tokens, often assessed for their technical setups and community-driven momentum. Factors influencing its trajectory include technical signals, historical seasonal patterns, and ongoing network development activity.