Shiba Inu [SHIB] price prediction – Mapping short-term targets as selling pressure climbs
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Shiba Inu (SHIB) is experiencing significant challenges with a 79.55% drop in token transfers, 33.68% reduction in active wallet addresses, and increasing exchange reserves. Technical analysis suggests potential further price decline, with critical support levels at $0.00001223 and $0.00001095.
March 30, 2025 | 3:15 am
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Declining network metrics and rising exchange reserves suggest increased selling pressure for SHIB, with potential further price erosion.
Multiple on-chain indicators suggest bearish momentum: 1) 79.55% drop in token transfers 2) 33.68% reduction in active wallets 3) Increased exchange reserves 4) Technical support levels under threat
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100