Shiba Inu (SHIB) forms bullish engulfing at yearly low — Shibarium privacy upgrade (Zama FHE) announced, may affect recovery
first published 2025-11-27T08:46:00Z
SHIB traded almost flat in the last 24 hours around $0.00000859 with spot volume ~258 billion versus a 30‑day average of 1.38 trillion, indicating a market pause rather than a liquidity freeze. RSI sits in the mid‑40s and price remains below the 50/100/200 EMAs, with layered resistance near $0.00000990–$0.00001050. The article outlines two scenarios (bear momentum exhausted vs. bulls probing) and recommends short‑term range trading between $0.00000800 and $0.00000900 until volume rises above the 30‑day average to confirm direction.
AI Analysis
Price flat at $0.00000859 with spot volume (258B) well below the 30‑day average (1.38T) and SHIB trading below the 50/100/200 EMAs suggests neutral-to-mildly bearish technical bias; RSI in mid‑40s is neutral. Recommendation to range‑trade until volume exceeds the 30‑day average limits immediate directional conviction, reducing market impact.
Impact: Significant
Sentiment: Neutral
Source Articles
- 0% for Shiba Inu in 24 Hours: Volatility Hits Nonexistent Levels - U.Today
- Shiba Inu Burn Rate up 676% on Thanksgiving: 61,833,188 SHIB up in Smoke - U.Today
- XRP Burn Rate Jumps 31%, Is This Growth Sign? - U.Today
- 200,000,000,000 Shiba Inu (SHIB) Added to Exchange: Possible Price Scenarios - U.Today
- Shiba Inu (SHIB) Price to Remove Zero, XRP on Edge of 30% Breakout, Bitcoin (BTC) Prints Insane 36,380% Liquidation Imbalance – Crypto News Digest - U.Today
- Shiba Inu price defends yearly lows as engulfing candle signals structural shift - Crypto News
- Shiba Inu Exec Reveals Important 2026 Shibarium Upgrade - U.Today
- Crypto Market Prediction: Can Bitcoin Break $90,000 on Recovery March? Shiba Inu (SHIB) Fresh Rally Starts, Is XRP Building Bullish Momentum? - U.Today