CandleFocus Shiba Inu’s (SHIB) 12% Drop Signals a Buy, But There Is a Catch
2025-01-13
Author: Content Editor
The price of Shiba Inu (SHIB) has dropped by over 10% in the past week, presenting a buying opportunity for investors. On-chain data suggests that SHIB is currently undervalued, as indicated by its market value to realized value (MVRV) ratio, which stands at -3.80% and -12.02% for one-day and seven-day periods respectively. Historically, a negative MVRV ratio has been a buying signal. Additionally, the positive funding rate for SHIB suggests a potential price increase. However, the strong bearish resistance against SHIB and its trading below the Ichimoku Cloud indicate that it may struggle to reach previous highs. If the downtrend continues, SHIB's price could decline by 7%, but if trading activity improves, the price could surpass the cloud and reach $0.000026.
Related News
Pudgy Penguins (PENGU) Price Prediction For January 13 President Trump is planning to announce crypto executive orders on his day one VIRTUAL Falls 15% in 24 Hours, Testing $2.23 Key Support Coinbase Adds PNUT Meme Coin On Solana Network, What’s Next? Coinbase Bags Major Victory SEC Lawsuit, Why Does It Matter? Babylon’s Fisher Yu on Bitcoin staking, Bitcoin maxis, and the next native use case for BTC Breaking: Robinhood To Pay $45M To Settle US SEC’ Securities Charges Bitcoin Surges Back to $94,000 as Trump Plans Pro-Crypto Executive Orders SoonChain Redefines Asset Aggregation and Liquidity Provision by Joining zkLink Market trends indicate DEXs have replaced VC markets for token price discovery, while CEXs continue to serve as exit liquidity Senator Elizabeth Warren grills Treasury nominee Bessent on crypto policy BNB Price Prediction For January 13 XRP Demand Builds on ETF ‘Optimism’ as Ethereum Funds Bleed $255 Million Bitcoin Mining Is Now More Difficult Than Ever Before Chainlink (LINK) Price Prediction For January 13 NYDFS launches exchange program with Bank of England on crypto expertise Why Investor Protection and Enforcement Still Matters Trump's first day executive orders could repeal SEC's controversial accounting bulletin: Washington Post Polymarket users bet on whether Trump will say 'bitcoin' or 'dogecoin' in his inauguration speech U.S. Judges Demand SEC 'Explain Itself' for Rebuffing Requests for Crypto Rules Crypto Analyst Issues Bitcoin Alert, Predicts Says BTC Could Drop Further if Critical Support Level Crumbles Odds of Solana Price Spark 40%+ Amid Rising On-chain Metrics? Bitcoin ETFs: Better year or sophomore slump? AI Agents Are Getting Artificial Vaginas—You Know What Happens Next Kroma Redefines Web3 Gaming Sector in Southeast Asia in partnership with W3GG Bitcoin Battles Resistance at $99K While Support Holds Strong Below 3 Crypto Narratives to Keep an Eye On This Week A week after committing to free speech, Meta blocks decentralized competitor BREAKING: And It Happened – Coinbase Announces That It Will Finally List The Hugely Popular Memecoin The Real Lifestyle Teams Up with Plume Network: Redefining Real-World Assets Is This What’s Stopping Bitcoin From Soaring? Highest Data in History Cryptocurrency Developers Have Been Focusing On These Altcoins For The Last 30 Days! Here is the List Bitcoin price dip below $90K driven by investors bracing for upcoming economic risks Cardano Foundation Introduces Venture Hub to Accelerate Innovation Bitcoin a bubble unless broader uses emerge: Cliff Asness VeBetterDAO Dashboard Goes Live: Simplifying Your Participation in VeBetter Governance JUST IN: Insider Reveals Donald Trump’s Critical Cryptocurrency Move on His First Day Tis the season for campaign promises follow-throughs Legendry Hedge Fund Manager Lambasts Bitcoin In One Week, Donald Trump Will Decide Ross Ulbricht's Fate Coinbase Challenges SEC as Gensler Exits Solv Protocol announces solvBTC. BERA to power BTC yield on Berachain Ethereum Is Forming A 1-Hour Symmetrical Triangle – Bullish Breakout Or Deeper Correction? Soon Chain Joins CARV to Co-Launch Earliest AI Chain on SVM Price analysis 1/13: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, AVAX AI agent sector suffers 44% market cap wipeout Dogecoin (DOGE) Holds Crucial Level, Eyes on 25% Rally Pepe coin price could be at risk as a dangerous pattern forms Buy signal for two oversold cryptocurrencies this week Ethereum Fights to Hold $3,000 Support Despite Record Whale Accumulation U.S. Banking Should Ease Path for Crypto, Republican Taking Reins at FDIC Suggests 0G and Alibaba Cloud Partner to Advance Decentralized AI and Web3 in Asia-Pacific Bitcoin Primed To Be One of the Best-Performing Assets in 2025, Says Fundstrat’s Tom Lee – But There’s a Catch Celestia’s blob sizes surge 10x amid rising transactions and NFT activity Appellate court grants partial win for Coinbase over SEC rules Pumpkin 'Rugs' Its Own Token After Threatening Solana Meme Coin Launchpad Pump.fun With a Lawsuit Why have MicroStrategy insiders been dumping MSTR? XRP Lawsuit News: Expert Reveals Why SEC Won’t Miss January 15 Deadline and Risk Dismissal The revolution of the blockchain of SUI Dogecoin Could Tank by 20% to $0.27 Before Big Rebound Crypto venture funding hits $4 billion in Q4 2024, led by infrastructure boom Bitcoin falls below $90,000 one week before Trump inauguration Crypto OTC trading volume surged over 100% in 2024, driven by Trump win and institutional demand: Finery Markets Circle partners with Bison Digital Assets for MiCA-compliant stablecoins Ripple and the registration with the American Bankers Association XRP Price Breaks Out Of Symmetrical Triangle Pattern, Why The Target Is $8 Bankless on defensive after dumping Solana AI coin on day one As Bitcoin Plummets, Giant Asian Company Announces Massive Bitcoin Purchase Hamster Kombat to launch layer-2 chain as HMSTR nears key price Binance hasn’t slowed since CZ — neither have the memecoin launches Ethereum Price Prediction – ETH Price Estimated to Reach $ 3,597.63 By Jan 18, 2025 JPMorgan: XRP ETF Might Attract $8 Billion Ethereum (ETH) Sees Largest Liquidation of 2025, What’s Next? Donald Trump Jr. joins Kalshi as strategic adviser PancakeSwap burns CAKE worth $19m Why Is Ethereum (ETH) Down? Price Drops Below Key Level amid Rising Supply Crypto’s Compliance Conundrum Crypto market sees surge in long liquidations as altcoins suffer steep losses Will Pepe Coin Price Crash 50% as Bitcoin Weakens? Crypto deregulation under Trump: Promises vs reality Breaking: Class Action Against Binance To Proceed As Supreme Court Shuns Appeal Move Why 2025 Will Be a Year of M&A in DeFi Global Investment Giant Capital Group Reaches 5% Stake in Bitcoin Holder Metaplanet Can Bitcoin crash to $69K? Watch these BTC price levels at 2-month lows Donald Trump-Themed Meme Coins – Big Drops and Bigger Rallies Ahead of Inauguration BitsLab’s ScaleBit flags ‘alarming’ Uniswap Wallet vulnerability Layer 1 shakeup: Sui outpaces competitors with record gains and 7.5 billion transactions in 2024 2024 Cex Report Spot Trading Explodes 139%, Binance’s Power Diminishes, Bybit Soars Bitcoin Drops Below $90,000 for the First Time in 2 Months Shiba Inu’s (SHIB) 12% Drop Signals a Buy, But There Is a Catch Chainalysis acquires AI startup Alterya in $150M deal to strengthen crypto security measures Cardano Founder Working on RLUSD Integration IOTA price plunges as new governance vote starts Bitcoin and S&P 500 hit 2-month lows as bond yields surge – Is the post-election rally over? Glassnode Reveals Level That Signals Turning Point in Bitcoin! "This Price Level Carries Six-Month Risk!" Virtuals Launches AI Agent on Ronin Blockchain with JAIHOZ Token Market Veteran Identifies Area to Take Bitcoin Liquidity Before Trump Kickstarts the Next Rally FLOKI, BONK, PENGU, AI16Z: Meme Coins Hit by Crypto Collapse Just In: BlackRock Launches iShares Bitcoin ETF on Cboe Canada Dogecoin Founder’s Bitcoin Crash Tweet Sparks Hot Discussion Shiba Inu Hits $0.00002 as Market Sell-off Escalates: Possible Scenarios ADA and BNB Price Prediction for January 13 480 Billion PEPE Transferred in Hours; What's Happening? Shiba Inu (SHIB) Dips Toes in Bear Market AI Agents notch 16% dip, biggest drawdown amid market correction Crypto expert says XRP could hit $4 in the ‘next couple of days’ Weekly Price Analysis: Prices Decline on Risk-Off Sentiments Bitcoin Shrimps are Accumulating Despite Market Uncertainty: Hints of a Near Bottom? Stellar Price Crashes 7% As Open Interest Nosedives Bitcoin Price Analysis: BTC Risks Dropping to $80K If This Support Fails Grayscale Lists Hedera’s HBAR as a Possible Investment Asset Shiba Inu (SHIB) Eyes Death Cross: 2 Potential Scenarios Ahead BTC, ETH and XRP Price Prediction for January 13 Machine learning algorithm predicts XRP price for January 31, 2025 Bitcoin Price Prediction: Price Falls Below $91k as Mining Difficulty Hits New High 1,850 Bitcoin Stun Binance in Surprising Whale Move: Details Quantum AI Partners with Bazaars to Revolutionize Crypto Trading ? New Move from US President-Elect Donald Trump! He Will Establish a Crypto Advisory Council! Here Are the Council Members 3 potential catalysts to reverse crashing Bitcoin and altcoin prices Semler Scientific buys more Bitcoin, raising holdings to 2,321 BTC 3 Altcoins to Watch in the Third Week of January 2025 New wave of honeypot tokens targeting Base users Bitcoin compound inflation of 7% since 2020 canceled out by 900% gains while USD declines 20% Hedera Price Sinks 12%, Hits Weekly Low as Shorts Gain Momentum Accountable aims to be ‘the new Celsius’ Top Analyst Says XRP $2.75 Level is Now Similar To $0.75 Resistance MoonPay Acquires Helio for $175 Million to Expand Crypto Payment Infrastructure Tether Licensed in El Salvador, Strengthening Focus on Emerging Markets and Innovation Bitcoin (BTC) Demand Fades as Price Nears $90,000 aelf (ELF) Price Analysis : Analysts Show Cup and Handle Pattern Consolidating with $2 Arriving Soon PEPE in Spotlight as Whale Accumulation Skyrockets Crypto will come of age in 2025 | Opinion ? Analysts Reveal the Biggest Reason for Bitcoin's Decline! When Will It Rise Again? Crypto Wallet Tied to Prominent Trader Ansem Makes Another $DIGIMON Investment Cathie Wood sells $17 million worth of this tech stock in just one week — What's happening? Shiba Inu to $0.01, SHIB Team Says It’s Possible, but Everything Takes Time Analyst Says XRP Looks ‘Excellent,’ Predicts Another Rally for the Large-Cap Altcoin Why this week is set to trigger Bitcoin's parabolic run Bitcoin Price Prediction: Will BTC Price CRASH below $90,000 this Week? Will Solana & SUI Kickstart An Explosive Altcoins Rally? XRP loses market steam, drops 4% – What to know about the crypto market this week MicroStrategy Added 2,530 Bitcoin for $243M, Bringing Holdings to 450K BTC Analysts say January Bitcoin decline is typical in post-halving years BTC Plunges Below $91K for the First Time Since November, Leaves $500M in Liquidations KCS Leads Market Gains, but Short-Term Holders Could Threaten the Rally Bitcoin Dropped -10.83% in Last Month and is Predicted to Reach $ 102,821 By Jan 18, 2025 3 Reasons Litecoin Price Could Crash 20% This Week Bithumb adopts Kookmin Bank as new partner bank starting March 2025 Bitcoin technical indicator predicts BTC price cycle top in summer 2025 Bitcoin Price Trapped in a Range: Can Bulls Push for $100K? IOTA Price Prediction: Will IOTA Crash to $0 in the Next 30 Days? Crypto ETFs Draw $122.1 Billion in AUM in the Last 30 Days Key Bitcoin Driver Linked to Current Price Correction Revealed by Max Keiser Inflation Likely Coming in Hot with PPI and CPI This Week: How will Bitcoin and Crypto React? 8 Top Experts and Organizations Predicted Bitcoin’s Peak Price in 2025 Here's Why Bitcoin (BTC) Is Unlikely to Break $100,000 Dogecoin Fails $0.34 Breakout: Will Bears Retest $0.30? Crypto-friendly ZA Bank considers opening physical branches in Hong Kong: report Bitcoin price prediction for January 31, according to BTC historical returns Satoshi's First Move: 16 Years of Bitcoin's Legacy Bitcoin Difficulty Hits All-Time High, Adjusts Positively for 8th Consecutive Time SUI Analysis: Can RSI Divergence Trigger a Reversal Rally? Zilliqa Shows Highly Bullish Pump Indicator, Analyst Expects ZIL Price to Pump Over 951% This Altseason Global Spot Crypto Trading Climbs 142% Year-Over-Year to $2.1T XRP Flips Resistance to Support, Eyes $4 and $8 Surge Bitcoin exchange reserves near 7-year low as hedge funds buy the dip Overwhelming demand delays Solayer’s LAYER token sale after 15x registration surge IOTA Welcomes AUTOMATE: HeyAnon’s Latest DeFAI Innovation ZIGChain Ignites 2025 Vision with $20.79M $ZIG Burn and Decentralized AI Collaboration Here’s Why a 1,100% Dogecoin Pump May Be on the Horizon Bitcoin Exchange Upbit Announces This Stablecoin Has Been Delisted From Its Platform! Here Are the Details Tron Founder Justin Sun Continues Profit Selling in Popular Altcoin! Made $1.12 Billion in Sales! Upbit flags IOST for caution ahead of layer-2 transition 3 Bitcoin Price Scenarios That Could Shape 2025 Unveiled by Peter Brandt Market Veteran Extends Olive Branch to XRP Holders, Reflects on Past Criticism XRP Breakout Explained as Analyst Identifies New XRP Profit-Taking Zone Cardano’s Supply in Profit Shrinks by 3.55 Billion ADA Amid 13% Price Drop Bitcoin Under Pressure as Goldman Trims Fed Rate Cut Expectations, BofA Sees Potential Hike After Blowout Jobs Report Shiba Inu Lead Kusama Believes SHIB Can Reach $1T Cap, Says Doubters Will Be Surprised Shiba Inu Lead Says Team Not Ignoring BONE for TREAT Pell Network Goes Live on xLaunchpad to Enable Bitcoin Restaking on MultiversX Ripple (XRP) Price Prediction For January 13 XRP Losing Steam: 3 Reasons Why It's Happening Crypto Crossroads in Argentina: Legislative Elections Might Define Industry’s Future Tron price prediction: where technicals meet good fundamentals Hack-driven crypto laundering triples in 2024 to hit $1.3b, data shows DeFi protocol UniLend Finance exploited for $197,000 Ethereum Whales Giving Up, 10,070 ETH Sold Crypto market inflows plummet more than 50% by end of 2024: analyst Animoca Brands unveils second phase of Mocaverse’s MOCA token airdrop $100B Wiped From Crypto Markets as Bitcoin Sinks $3K in Hours (Market Watch) Investors Hold Steady on PEPE: Meme Coin Aims for Rebound Amid Decreased Selling 2025 Could be a Big Year for Crypto ETFs: Laser Digital FTX to begin distributing $1.2B to creditors after Trump inauguration Strongest US dollar since 2022 bear market: 5 Things to know in Bitcoin this week Trump’s Inaugural Crypto Ball: $100K Tickets & $1M Package with Private Dinner Solana Price Nears Critical Zone: $214 or $183 Next? Shiba Inu Team Says No Further BONE Minting Possible, Refutes Claims of Minting Capability XRP Open Interest Hits New All-Time High of $5.42B, Will Price Follow? Crypto Experts Pick 3 Altcoins With Potential for High Returns Introducing AUTOMATE: HeyAnon’s DeFAI Framework SUI Price Eyes All-Time High Recovey Despite 10% Correction Bitcoin Forms “Classic Top Pattern,” Peter Brandt Outlines 3 Possible Outcomes UK to put ‘AI into the veins’ of the country under prime minister’s plan What Is Pump.fun? Everything About the Token Creation Platform Indian Railways to issue NFT tickets on Polygon for rare festival BitMEX Founder Arthur Hayes Made Huge Transfers in This Altcoin! Here Are the Details Market Analyst Predicts XRP Surge to $13.4 if This Pattern Proves True Top Ethereum Burner DeFi Projects Boost Network Efficiency TOTAL3 Retests Falling Wedge: Watch This Inverse Head-and-Shoulders Formation XRP At $15? Analyst Looks Back To 2017 To Predict The Future Key Bitcoin Resistance Levels to Watch as It Bounces Off the 21 EMA HashKey MENA eyes expansion with conditional VASP license approval from Dubai’s VARA What PayPal USD’s decline says about the state of tokenized assets in TradFi JPMorgan CEO Doesn’t Feel Great About Bitcoin Ethereum Whales Dump With Major Losses, ETH Price Drop Ahead? Cardano Founder Actively Working on RLUSD Integration AI agent tokens reel from a steep market correction Bitcoin Network Activity Plummets, BTC Price Risks Crashing To $70K: Analysts Zircuit (ZRC) Price Surges 35% After Major Listing, Arthur Hayes Reacts Altcoin Market Could Heat Up This Week With $3B Token Unlock Schedule, ONDO Leads the Charge Experienced Analyst Evaluates Bitcoin, Solana and Dogecoin Chart! Which Levels Are Critical and Where Could the Next Price Movement Be Heading? From Price Tags to Terahash: Navigating Bitmain and Microbt’s Available Mining Machines in 2025 Bitcoin whale BlackRock set to clash with ‘crypto president’ Trump after inauguration 2025’s Crypto Rollercoaster: Akuma Inu Shines, Ai16z and BIO Fall Hard Stellar’s (XLM) 30% Surge Is the Result of These Traders’ Perseverance Old Altcoin Bullying Solana Accused of Being a “Pump-Dump Scheme,” Developers Issue Public Statement AVAX under pressure? Traders, THESE are the key price levels to watch! Bitcoin January slump nothing new in ‘post-halving years’ — Analysts Bitcoin rally faces headwinds from Trump’s diverging crypto trades, say experts Fidelity Warns: Not Allocating Bitcoin Could Be Riskier for Nations Than Embracing It India central bank unveils expert committee for ethical AI framework XRP Price Targets $4 Amid Legal Developments Millions of OpenSea user emails leaked in 2022 now fully public: SlowMist Arbitrum, Azuki-backed Animecoin unveils tokenomics with over 50% community allocation Ripple Jumps 8%: Will XRP’s Bullish Momentum Last? Solana (SOL) Teeters on the Edge: Is a Steep Decline Next? Bitcoin Battles $90K Support Amid Mounting Pressure and Resistance Hurdles Tokenizing infrastructure and the need for stronger regulation in DePIN XRP ETFs Set for 2025 Greenlight as Gensler Exits and Atkins Takes Charge Analyzing WadzCoin’s Slow Burn to Explosive Growth Ethereum Price Losses Steady: Is a Rebound Brewing? ADA, BTC, AVAX Join Top 10 Cryptocurrencies in Development Activity: Santiment These 5 Altcoins Are Turning Heads This Weekend Symmetrical Triangle Tightens, Is XRP Primed for a Rally to $3.77 or Beyond? Trump’s inauguration nears, but crypto promises could ‘take some time’ — NYDIG XRP Price Prediction For January 13 Pi Network Prepares for Mainnet Migration with New Countdown Timer Crypto Market Today Jan 13: Bitcoin Stuck in Range, Altcoins Slide Amid Market Pressure Bitcoin Price Faces Uncertainty: Is The Risk of a Drop Growing? XRP Price Gears Up: Is a Fresh Rally on the Horizon? Meme Coins Poised to Reach $1 in 2025: Dawgz AI, Stellar, and Hedera Cardano slips as founder claps back against claims on X HYPE, Arbitrum Communitites Eligible for ANIME Airdrops Axelar Network Chooses Bold Path for 2025 after Massive Growth in 2024 Weekend Wrap: Razzlekhan drops bars, FDIC’s Hill decries ‘Choke Point-like tactics’ and more ‘Government Efficiency’ meme coins lose value after Musk walks back cost-cutting plans US Congressman Buddy Carter introduces Fair Tax Act to abolish the IRS and replace US tax code Flamingo announces Testnet Trading Competition for OrderBook+ on Neo N3 This Key Indicator Suggests Shiba Inu Could Test New Highs in Early 2025 Celestia’s Death Cross Deepens Despite 12% TIA Price Recovery Kenya Moves to Regulate Cryptocurrency with New Legislation and Policies Crypto Whales Gobble Up $2,698,860,000 Worth of XRP and Dogecoin (DOGE) in Just Two Days, According to Analyst Cardano (ADA) Price Prediction For January 12 Cardano (ADA) Price Prediction For January 13 Ripple CTO David Schwartz Warns XRP Users About Phishing Scam Targeting Coinbase Enormous XRP Breakout to Launch Skyrocketing Rally, Shiba Inu (SHIB): Pattern You Don't Avoid, Bitcoin (BTC) Still Sleeping $HINT Eyes Next Breakout: The Undervalued AI Token Set for Massive Growth Wolf Capital CEO pleads guilty in $9.4m crypto fraud case