Shiba Inu breaks out and SHIB targets $0.0000125

FXStreet Team FXStreet

Here's a brief technical and on-chain analysis on Shiba Inu price. Out analysts evaluate SHIB's trend now that it has broken through a key area of resistance.

Author

FXStreet Team

FXStreet

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

Cardano Price Forecast: Bullish momentum persists as traders stay cautiously optimistic

Cardano (ADA) is trading slightly lower on Monday, finding support around the key technical level at $0.186. ADA pauses its gains at the start of this week after posting a massive 31% rally in the previous week.

Top 3 Price Prediction: BTC maintains recovery, ETH challenges 50-day EMA, XRP breaks higher

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) began the week on a constructive note after surging over 6%, 13% and 10% in the previous week. BTC holds steady around $63,500, ETH approaches a key technical resistance at $1,800, while XRP has broken above the upper boundary of a falling channel, strengthening the bullish outlook.

Crypto Market Overview: Steady recovery in Bitcoin nears key resistance – PUMP and HYPE lead gains

Bitcoin steadies above $63,000 following a five-day recovery stretch last week, totaling roughly 7% gains. Easing risk-off sentiment in the broader market supports the mild recovery in action, with Pump.fun and Hyperliquid leading gains over the last 24 hours.

Bitcoin rebounds above $62K amid weak US jobs data, uncertainty among options traders

Bitcoin (BTC) rebounded after weaker-than-expected US labor market data eased expectations for tighter monetary policy. In a report on Friday, crypto asset manager CoinShares stated that the recovery does not yet signal the start of a sustained uptrend, as restrictive Federal Reserve (Fed) policy and lingering market headwinds weigh on sentiment.

Bitcoin: Quarter-end rebalancing might fuel BTC next bullish move

Bitcoin (BTC) is up over 3% so far this week, trading above $61,800 at the time of writing on Friday after slipping to a 21-month low earlier this week. Institutional selling continued, with spot Exchange Traded Funds (ETFs) recording net outflows of over $520 million through Thursday, pointing to the eighth consecutive week of withdrawals.