COINOTAG recommends • Exchange signup |
💹 Trade with pro tools |
Fast execution, robust charts, clean risk controls. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🚀 Smooth orders, clear control |
Advanced order types and market depth in one view. |
👉 Create account → |
COINOTAG recommends • Exchange signup |
📈 Clarity in volatile markets |
Plan entries & exits, manage positions with discipline. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
⚡ Speed, depth, reliability |
Execute confidently when timing matters. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🧭 A focused workflow for traders |
Alerts, watchlists, and a repeatable process. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
✅ Data‑driven decisions |
Focus on process—not noise. |
👉 Sign up → |
- Shiba Inu (SHIB), once a favorite among meme coin enthusiasts, is currently on a downward trend, raising concerns among traders.
- Analysts are closely monitoring the situation, suggesting that SHIB’s price might continue to fall in the coming days.
- A marked slowdown in social media buzz and reduced buying interest seem to be significant factors contributing towards SHIB’s price decline.
Shiba Inu’s bearish trend sparks fears in the crypto world. Can the “Dogecoin Killer” revive its momentum, or is it heading for further decline?
Bearish Signals Fill The Air
Technical indicators are showing strong bearish signals for SHIB. The Relative Strength Index (RSI) stands at 38, and the Money Flow Index (MFI) is at 35, suggesting that the asset may be oversold but still indicating a poor outlook. Meanwhile, the Elder Ray Index has remained in the negative since late June, underscoring the prevailing selling pressure in the market.
The plummeting RSI and MFI scores reflect weakening demand, while the Elder Ray Index points toward a sustained dominance of sellers. Given these conditions, analysts predict that SHIB could drop further, potentially reaching the $0.000020 range.
Is The Howl Of The Crowd Fading?
An analysis from CoinOtag suggests that investor interest in SHIB is waning. Once bolstered by a fervent social media-driven community, SHIB now seems to be losing steam amidst a broader market correction and increased scrutiny of meme coins. The fading excitement could be a significant factor behind its recent price drop.
COINOTAG recommends • Professional traders group |
💎 Join a professional trading community |
Work with senior traders, research‑backed setups, and risk‑first frameworks. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
📊 Transparent performance, real process |
Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing. |
👉 Get access → |
COINOTAG recommends • Professional traders group |
🧭 Research → Plan → Execute |
Daily levels, watchlists, and post‑trade reviews to build consistency. |
👉 Join now → |
COINOTAG recommends • Professional traders group |
🛡️ Risk comes first |
Sizing methods, invalidation rules, and R‑multiples baked into every plan. |
👉 Start today → |
COINOTAG recommends • Professional traders group |
🧠 Learn the “why” behind each trade |
Live breakdowns, playbooks, and framework‑first education. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
🚀 Insider • APEX • INNER CIRCLE |
Choose the depth you need—tools, coaching, and member rooms. |
👉 Explore tiers → |
The overall crypto market is shifting, and meme coins like SHIB are not immune to these changes. With diminishing social media hype and scrutiny from regulators, the “Shiba Army” appears to be losing momentum. Despite this, some analysts believe that a resurgence in community interest could still trigger a price rebound, albeit a skeptical view in the current scenario.
SHIB Price Forecast
Projections for Shiba Inu (SHIB) show a potential future value of $0.00007 by mid-2024, reflecting a notable potential rise of 226%. However, the present technical indicators deliver a cautious tale, as the market sentiment leans towards pessimism. The Fear & Greed Index, with a high reading of 72, underscores this point.
COINOTAG recommends • Exchange signup |
📈 Clear interface, precise orders |
Sharp entries & exits with actionable alerts. |
👉 Create free account → |
COINOTAG recommends • Exchange signup |
🧠 Smarter tools. Better decisions. |
Depth analytics and risk features in one view. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
🎯 Take control of entries & exits |
Set alerts, define stops, execute consistently. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🛠️ From idea to execution |
Turn setups into plans with practical order types. |
👉 Join now → |
COINOTAG recommends • Exchange signup |
📋 Trade your plan |
Watchlists and routing that support focus. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
📊 Precision without the noise |
Data‑first workflows for active traders. |
👉 Sign up → |
SHIB’s price volatility over the past month has been moderate, with just 4.50% fluctuation. Only 40% of these days have witnessed price increases, indicating a significant lack of bullish momentum. The crypto community remains divided on SHIB’s future, with many awaiting stronger indicators before making an investment.
Conclusion
The current outlook for Shiba Inu (SHIB) is bleak, shadowed by weakening technical indicators and declining investor interest. While there might be isolated bullish forecasts and the possibility of a market turnaround, the prevailing sentiment remains bearish. For SHIB to regain its former glory, a significant revival in both market dynamics and community support is crucial.
COINOTAG recommends • Traders club |
⚡ Futures with discipline |
Defined R:R, pre‑set invalidation, execution checklists. |
👉 Join the club → |
COINOTAG recommends • Traders club |
🎯 Spot strategies that compound |
Momentum & accumulation frameworks managed with clear risk. |
👉 Get access → |
COINOTAG recommends • Traders club |
🏛️ APEX tier for serious traders |
Deep dives, analyst Q&A, and accountability sprints. |
👉 Explore APEX → |
COINOTAG recommends • Traders club |
📈 Real‑time market structure |
Key levels, liquidity zones, and actionable context. |
👉 Join now → |
COINOTAG recommends • Traders club |
🔔 Smart alerts, not noise |
Context‑rich notifications tied to plans and risk—never hype. |
👉 Get access → |
COINOTAG recommends • Traders club |
🤝 Peer review & coaching |
Hands‑on feedback that sharpens execution and risk control. |
👉 Join the club → |
COINOTAG recommends • Members‑only research |
📌 Curated setups, clearly explained |
Entry, invalidation, targets, and R:R defined before execution. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧠 Data‑led decision making |
Technical + flow + context synthesized into actionable plans. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
🧱 Consistency over hype |
Repeatable rules, realistic expectations, and a calmer mindset. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🕒 Patience is an edge |
Wait for confirmation and manage risk with checklists. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
💼 Professional mentorship |
Guidance from seasoned traders and structured feedback loops. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧮 Track • Review • Improve |
Documented PnL tracking and post‑mortems to accelerate learning. |
👉 Join now → |