Shiba Inu Price Could Crash to $0.0000094 if $0.000012 Breaks

Shiba Inu price has been under pressure, experiencing a notable decline over the past week. The meme coin has dropped over 10%, struggling to maintain key support levels. February was a tough month for SHIB, with the price plunging nearly 30%. 

After reaching a high of $0.00001964, it tumbled to a low of $0.0000123. Currently, analysts warn that if the crucial $0.000012 support fails, SHIB could dip further to $0.0000094.  

The broader crypto market has also suffered, with bearish sentiment dominating. SHIB’s repeated downturns in February highlight persistent selling pressure. Despite minor recovery attempts, the asset remains volatile, leaving investors cautious.

Shiba Inu Price Drops: Could a Crash to $0.0000094 Be Next?

Crypto analyst Ali has recently shared his perspective on the Shiba Inu ($SHIB) price trend. According to his latest chart analysis, the meme coin could potentially find support at two key levels. 

These levels are $0.000012 and $0.00000094. Ali points out that these price points are significant based on previous market behavior.

The first level, $0.000012, has been tested before and could provide a solid base for the coin’s price to rebound. The second level, $0.00000094, represents a more drastic drop but is another area where buying pressure may increase.

Shiba Inu Price Faces Selling Pressure

The Shiba Inu price is experiencing downward pressure due to the significant percentage of holders at a loss (58%) according to IntoTheBlock data. This high number of loss-making holders could lead to further selling, putting downward pressure on the price. 

Furthermore, the concentration of 74% of holdings among large investors suggests that price movements could be heavily influenced by a small group, potentially amplifying volatility. 

Additionally, a weak price correlation with Bitcoin (0.79) indicates that Shiba Inu is not moving in tandem with the broader crypto market, which may limit price recovery. Finally, the 0.32% decline in Telegram members suggests reduced market interest, which could also impact demand and ultimately affect the price negatively.

SHIB Price Analysis

As of the reporting time, the SHIB price is showing signs of stability, with minor fluctuations occurring within the range of $0.00001 to $0.00002. 

The price has been consolidating, and current market behavior indicates a cautious upward movement, with SHIB trading at around $0.00001396. 

The Relative Strength Index (RSI), is currently at 45.68 iniducating a neutral zone. The Moving Average Convergence Divergence (MACD) is showing mixed signals. The MACD line remains below the signal line, indicating a bearish outlook in the short term. 

The immediate support target for Shiba Inu price prediction is $0.00001, which is a strong support area. A drop below it may lead to further declines, The IImmediate resistance target $0.00001405  this level could serve as a short-term resistance point. A breakout above this level could lead to the next resistance target of  $0.00002.

To sum up, the Shiba Inu price faces heightened risks due to selling pressure and weak market interest. If critical support levels break, a further price decline could occur, potentially reaching $0.0000094.

Frequently Asked Questions (FAQs)

1. Why is Shiba Inu (SHIB) struggling?

SHIB is facing downward pressure due to a high percentage of holders at a loss, low market interest, and weak correlation with Bitcoin.

2. What are the key support levels for Shiba Inu (SHIB)?

The key support levels for SHIB are $0.000012 and $0.0000094, with analysts warning of further declines if these levels fail.

3. Can Shiba Inu (SHIB) recover from its decline?

Although there are some minor recovery attempts, the price remains volatile, and recovery will depend on support levels and broader market sentiment.

✓ Share:

• Trending
• Price Analysis

• Avalon Labs Burns A Massive 93.9 Million AVL Tokens As Part of ‘Buyback and Burn’ Plan
• SOL Strategies Begins Trading on Nasdaq With $94M in Solana Holdings
• Bitcoin, Crypto Market Rise as Court Halts Trump’s Bid to Oust Fed Gov Lisa Cook
• Grayscale Files Registration Statements for Litecoin, Hedera, and Bitcoin Cash ETFs
• SEC Delays Decision on Bitwise Dogecoin ETF Ahead First DOGE ETF Launch

• Meme Coin Price Prediction: Shiba Inu, Pepe Coin, Dogecoin, TRUMP
• HYPE Price Eye $88 the Next as Lion Group’s Treasury Shifts to Hyperliquid
• Ripple Ecosystem Growth Meets Technical Strength—Is XRP Price on the Verge of $10?
• Cardano Price Prediction as Sept Fed 50bps Cut Odds Surge – Is $1.65 Next?
• Chainlink Price Prediction: Analyst Sees 48% Rally as Grayscale ETF Filing Ignites Hype

Best Crypto Presales To Invest In September 2025 – Top Upcoming Presale Tokens

Best Crypto AI Trading Bots In 2025

Top Meme Coins To Buy In September 2025

Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.