From May 29 to May 30, 2025, the shib experienced marked volatility with prices varying between $ 0.000013252 and $ 0.000014508, according to the technical review model of CoinDesk Research’s technical analysis. A critical support level appeared around $ 0.000013285, where the purchase of pressure was noticeable, which motivated the upward backwards.
In contrast, the resistance near $ 0.000014500 indicates the prevention of upward momentum. While Shib’s price was up to $ 0.000013390 until the end of May 30, a decline in the amount of trading suggested that the investor be kept careful.
Macroeconomic factors, such as increased geopolitical tensions and transfer of trade policies, have contributed to the increase in volatility observed in the cryptocurrency market, including the Shib.
Moreover, the microeconomic backdrop features a flow of more than 2 trillion shib tokens in the exchanges, paired with a descending triangle pattern, indicates the possible movement of the movements.
These dynamics in the market have pushed the shib price to remain relatively forced, despite the broader markets.
Technical assessments
- The Shib saw volatility with a price of oscillating between $ 0.000013252 and $ 0.000014508, marked an 8% range.
- Strong price support was detected around $ 0.000013285, which sparked an ascending return.
- The resistance was mentioned near $ 0.000014500, where price momentum weakened.
- The final prices of time stabilized at about $ 0.000013390, with reduced trading activity.
External reference
- “Shiba Inu Price Prediction: Is a shib fall? 2 Trillion Tokens Falle Exchanges“, Crypton EWS, published May 28, 2025.
- “Shiba Inu targets $ 0.000017 in the middle of the triangular breakout reliance“, The crypto basic, published May 29, 2025.
- “Shiba Inu (Shib) price to pump 17%? Top analyst spot breakout signal“, Coinpedia, published May 29, 2025.
- “Analyst recognizes the basic trading setup for Shiba Inu at the current price range“, Coin Edition, published May 30, 2025.
