- Shiba Inu price today holds near $0.00001015, with sellers pressuring the critical $0.00001000 support zone.
- SHIB’s holder base grows to 1,547,558 addresses, underscoring community strength despite weak short-term flows.
- EMA resistance clusters up to $0.00001307 keep recovery attempts capped, leaving downside risks toward $0.0000090.
Shiba Inu price today trades near $0.00001015, attempting to hold above its long-term support zone after a recent selloff. While technical indicators highlight persistent downside risk, the steady growth in SHIB’s holder base underscores resilience and long-term investor confidence.
Shiba Inu Price Struggles Below EMA Resistance
SHIB Price Action (Source: TradingView)The daily chart shows SHIB pinned below its 20-day EMA at $0.00001064, with the broader EMA cluster up to the 200-day at $0.00001307 acting as a ceiling. Price continues to trade under a descending trendline stretching back to August, keeping Shiba Inu price action constrained within a bearish structure.
The $0.00001000 zone has emerged as a key floor, tested multiple times this month. A decisive break below could expose SHIB to deeper losses toward $0.0000090, while recovery attempts face stiff resistance at $0.00001121 and $0.00001307. For now, the Shiba Inu price prediction leans cautious, with buyers needing strong momentum to reverse the downtrend.
Exchange Flows Show No Major Shifts
SHIB Netflows (Source: Coinglass)On-chain data from Coinglass indicates limited directional conviction. Netflows on October 24 showed a minor $61.8K outflow, leaving SHIB price volatility subdued. Broader flow trends remain flat, with no major exchange-driven inflows or outflows shaping price action in recent weeks.
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This muted backdrop means traders are largely looking to technical levels for direction. Without strong inflows, Shiba Inu price today may remain vulnerable to breakdown risk if $0.000010 fails to hold.
Holder Base Hits 1.54 Million
Beyond short-term volatility, SHIB’s fundamentals reflect resilience. According to Etherscan, Shiba Inu now boasts 1,547,558 on-chain holders, a milestone that signals growing network decentralization and sustained community interest.
What makes this significant is the steady rise in holders despite price swings. Since its breakout in 2021, SHIB has matured beyond its meme coin label, developing a robust ecosystem with Shibarium, DeFi integrations, NFTs, and metaverse projects. The expanding holder base highlights organic growth rather than hype-driven spikes, reinforcing investor confidence.
Outlook: Will Shiba Inu Go Up?
For now, Shiba Inu price prediction hinges on whether $0.00001000 can hold. A successful defense and reclaim of $0.00001121 would be constructive, with $0.00001307 as the next upside target. On the downside, failure to defend the current floor risks opening the door to $0.0000090, a level not seen since early summer.
The growing holder base and ecosystem development provide a strong long-term foundation, but in the immediate term, price action will remain dictated by resistance clusters and lack of strong inflows. Traders should watch the $0.00001000 zone closely as the decisive battleground for SHIB’s next move.
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Source: https://coinedition.com/shiba-inu-price-prediction-holder-base-hit-1-54m-but-key-support-faces-pressure/
