- SHIB also traded in a small intraday range and price remained stable between set resistance and support levels.
- Momentum indicators were in the neutral position, with RSI close to the 50 mark and MACD close to the zero line.
- Future forecasts of up to 2025-2026 have SHIB down below its all-time high with a multiple move needed to touch it.
The last session had Shiba Inu acting as a range-bound trader with traders concentrating on specific technical levels and weakened momentum. Based on the TradingView, the meme token was trading close to $0.00000679 on the one-hour SHIB/USDT Binance chart. There was a weak level of volatility in the price action and indicators were a measure of balance and not strength of direction. This structure maintained focus on the short term levels and long term expectations and did not exceed available data.
SHIB Holds Steady Within Narrow Intraday Range
It is also important to mention that SHIB opened the session at $0.00000679 and traded in a small range of high-low between $0.00000680 and $0.00000678. The price was traded without any movement and this made it have a flat trace of the day. This kind of confining was reflective of a market that was going to operate within a limited scope of hours.
In the meantime, SHIB was trading at $0.056781, or 0.4 percent below the 24-hour snapshot. The support was at 0.056499 and the resistance was at $0.056996. These levels put in perspective near-term motion and related intraday action to the larger daily pattern. These limits being observed, the focus on indicator behavior became more important.
Momentum Indicators Reflect Market Balance
However, momentum indicators offered little directional guidance. The Relative Strength Index hovered near the midpoint, with readings around 50 on the one-hour chart. This positioning showed neither overbought nor oversold conditions.
Source:
TradingView
At the same time, the MACD lines tracked closely together near the zero line. Histogram bars remained small and mixed, indicating limited momentum. This alignment reinforced the observed range-bound structure. As indicators followed price without divergence, the technical picture stayed consistent. This stability set the stage for reviewing SHIB’s position against longer-term expectations.
Longer-Term Projections Remain Below Prior Peak Levels
Meanwhile, 2025-2026 forecasts expect a maximum value between $0.00001 and $0.00003. These were much less than the all time high of Shiba Inu. Statistics indicated that it would take approximately 12 to 13 times to go back to the peak.
This grandeur pegged anticipations in terms of numbers. Besides this, SHIB was trading at 0.0108912 BTC and 0.083008 ETH with a two-percent and one-point-five percent gain, respectively. These comparative transactions were made in association with constant dollar pricing and this did not change the overall framework.
