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Are you thinking of investing in Shiba Inu and wondering if this is the best time? The Shiba Inu weekly price analysis will definitely provide insights and help make the best decision for investment. During March 1-8, 2025, the Binance-based SHIB/USDT 30-minute price chart on Binance exhibited major price movements due to breakout events and trend reversals and momentum indicator data. During the week Shiba Inu surged with intensity until touching its weekly peak value of $0.00001480 before a robust rejection forced price correction toward $0.00001250. The RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) proved essential indicators for detecting trend changes during the entire week. Analyzed by baishnabtriparna, published on Tradingview on March 8,2025 Shiba Inu weekly price analysis: Breakout and Initial Price Rally The initial phase of the week displayed SHIB’s movement around the $0.00001200 support zone because of weak price movement and low trading volatility. A major price rally took place on March 2, 2025 when SHIB exceeded the $0.00001250 resistance threshold. Shib broke out at $0.00001350 within just a few hours after reaching this figure following a Golden Cross appearance on the MACD indicator. The bullish indicator proved that market control shifted toward the buyers. An important indicator suggested strong buying power because the RSI crossed above the 70 mark which signaled that the market had moved into an overbought zone. The upward movement of SHIB reached its peak value of $0.00001480 during March 3, 2025 at 10:00 UTC in its weekly performance. The market reached its highest point during the rally when prices reached but failed to stay above the resistance area of $0.00001450-$0.00001480. SHIB analysis: Trend Reversal and Breakdown SHIB faced an immediate price drop following its weekly peak which started a downward price movement. RSI reached levels higher than 70 which validated price overbought territory combined with the MACD Death Cross appearance at 03:00 UTC on March 4, 2025 to start bearish market conditions. The price dropped under $0.00001350 support before moving towards $0.00001250 within a single day during March 4, 2025 at UTC time 14:00. The bearish trend continued uninterrupted despite brief upward movement in this price range because the market developed lower highs and lower lows. SHIB continued its downward trajectory after the third Death Cross formed on March 6, 2025 and went on to reach its weekly low at $0.00001200 when UTC time reached 02:00 on March 7, 2025. When the RSI dropped below 30 it reached the oversold level indicating a possible temporary market bottom was coming. Key Support and Resistance Levels to Watch: Will SHIB Break Out or Break Down? SHIB’s price action demonstrated a temporary healing phase which carried it up to challenge the $0.00001300 resistance value before its dip occurred on March 7, 2025 at 10:00 UTC. Bullish momentum returned after a price recovery that received backing from a Golden Cross on the MACD indicator. The price action proved unable to cross above the downward trend line resistance because this formation began from the highest price point. This recovery failed because the RSI briefly touched over 50 but never entered overbought conditions thus revealing weak buying pressure. The price received partial acceptance at $0.00001320 before returning toward its $0.00001250 support area. The SHIB analysis next week will be influenced mainly by its essential support and resistance. The first support level exists at $0.00001200 which acts as a crucial demand area and beside it there is an alternate support point at $0.00001250. The primary resistance starts between $0.00001300-$0.00001320 but the major barriers exist from $0.00001450 to $0.00001480. Traders must also closely monitor these levels at $0.00001300-$0.00001320 and $0.00001250-$0.00001200 because these levels trigger trend changes based on RSI and MACD indicator analysis through Death Crosses and Golden Crosses patterns. SHIB’s Next Move: Will $0.00001200 Support Hold, or Will Sellers Take Control? During the time period spanning from March 1-8th, 2025 Shiba Inu experienced a typical breakout-rejection pattern by reaching its weekly peak before reverting to play in and around its support ranges. Shiba Inu faces an important price milestone at $0.00001200 during the upcoming days since this level stands as fundamental support but any decrease through it means a possible fall toward $0.00001150. A price rise above $0.00001320 might generate a resistance reaction toward the $0.00001400-$0.00001450 zone. Traders should closely monitor the RSI and MACD signals, along with key price levels, to anticipate the next major move in SHIB’s price action. The post Shiba Inu Weekly Price Analysis – March 1-8, 2025: SHIB/USDT Drops to $0.00001200 After Breakout-Rejection Pattern appeared first on Coinfomania.

A massive 15,566,450 SHIB transaction has recently caught the attention of the Shiba Inu community. The uniqueness of the transaction is the destination wallet, which points to burning. According to Shibburn, 15,566,450 SHIB tokens were transferred to a dead wallet in a single transaction, removing them from circulation. This burn event is part of Shiba Inu’s ongoing deflationary strategy, which aims to reduce SHIB's total supply and potentially increase scarcity-driven value. 🔸 15,566,450 SHIB -> transferred to dead wallet. — Shibburn March 8, 2025 While the actual originator of this burn is unknown, such transactions are often carried out by community members or projects seeking to contribute to Shiba Inu's scarcity. Shibburn reported a similar transaction, in which 12,970,363 SHIB were transferred to a dead wallet. These two transactions have contributed to a massive surge in the Shiba Inu burn rate, which is up a whopping 3,253% in the last 24 hours. In this time frame, 29,323,261 were burned, and 103,929,094 were burned in the last seven days. 🔸 SHIB price in red Despite this burn, SHIB's price remains in red, as broader market trends and investor sentiment continue to play a larger role in determining its trajectory. At the time of writing, SHIB was down 5.43% in the last 24 hours to $0.0000128, continuing its decline from Friday into the second day. Shiba Inu is down 7.12% weekly. Amid the price lull, the SHIB community, however, remains engaged, closely monitoring further burns and ecosystem developments. In a separate tweet, Susbarium, a Shiba Inu X account focused on protecting the Shiba Inu community and exposing scams, has issued a crucial alert to the Shiba Inu community. In a tweet, Susbarium urged the Shiba Inu community to beware of fake "verify & claim" posts, as these scams can drain users' wallet assets. To stay safe, Shiba Inu holders are urged not to click on suspicious links. They should also verify information through official sources. #SHIB #Shibainu

The meme coin market saw substantial growth in early 2024 after US President Donald Trump introduced the TRUMP token to the market on January 18. The announcement triggered mass attention, producing unprecedented trading volume numbers across different platforms. However, the market has lost substantial enthusiasm because of numerous botched projects and rug pulls, which caused investors’ trust to evaporate. Bobby Ong, founder of CoinGecko, indicated that the TRUMP and MELANIA token launches served as the maximum point for memecoin popularity, which drained liquidity from the overall cryptocurrency industry. The token launchpad Pump.fun achieved $3.3 billion as its maximum weekly trading volume throughout this period. The “Libragate” controversy between token insiders who obtained significant profits from Libra (LIBRA) resulted in complete market inactivity. The metrics at Pump.fun indicate that newly made and graduated tokens fell by 90% from the February high. When the LIBRA token was launched with ties to Javier Milei, the Argentine President, CNF reported that major structural problems became evident within the memecoin market. Insider trading resulted in more than $107 million in profits before the LIBRA token value experienced a loss of 94% during its initial hours. The incident undermined all investor faith while proving that predatory launches occur when certain individuals benefit at stakeholder expense. Source The memecoin market tended to experience seasonal patterns previously, but the LIBRA controversy dramatically slowed up its deterioration process. Memecoins reached their peak market capitalization of $124 billion on December 5, but it declined to $54 billion based on CoinMarketCap statistics . Traders on Pump.fun reduced their volume activity by 63% throughout January and February due to weakening investor interest across the market. The cryptocurrency market now directs its attention back to Bitcoin (BTC) and Ether (ETH) because interest in memecoins has rapidly diminished. The analytics company Santiment detected that decreasing memecoin speculation indicates healthier market dynamics, allowing investors to focus on Bitcoin along with Ether and other first-layer altcoins. Ong predicts that the memecoin industry will transition toward a highly disproportionate distribution scheme that will allow only a few tokens to maintain long-term success. Disruptions in the crypto market failed to stop three memecoin, Dogecoin (DOGE), Shiba Inu (SHIB), and Bonk (BONK), from surviving multiple market cycles as leaders for future memecoin ventures. According to Ong’s perspective, success within the memecoin domain will persist only when strong communities are created. Memecoins with devoted user communities who consistently generate organic content present higher chances of remaining viable in the market. In the aftermath of recent failures, existing market doubts show that the memecoin market sector confronts future difficulties on its journey to success.

Dog-themed Shiba Inu (SHIB) has registered a significant 3% increase in price within the last 24 hours. This has seen the meme coin trade at $0.00001339 at the time of this writing, according to data from CoinMarketCap. Death cross's bearish impact on SHIB Despite this uptick, SHIB investors remain concerned about the token's future trajectory. SHIB has been in a death cross since last month, and market participants have expressed concern over its performance in the broader cryptocurrency market. For context, a death cross occurs when the 50-day Moving Average falls below the 200-day Moving Average. This metric indicates a fall in the price of an asset. SHIB has suffered this decline, and the current 3% surge has not done much to clear it off this bearish zone. Generally, a death cross signals bearish pressure. However, SHIB’s ability to register an uptick amid wild volatility raises market participants' anticipation of a possible rally out of the death cross zone. Analysts say ecosystem support remains crucial for this to happen. For instance, trading volume has dropped by 26.07% to $206.24 million within the last 24 hours, signaling investors' reduced market activity. Market experts say that for SHIB to witness a rally that could clear it off the zone, the trading volume must increase while maintaining a higher burn rate to trigger sentiment and sustain price rallies. Ecosystem trend to watch Meanwhile, according to data from Shibburn, the Shiba Inu ecosystem recently saw the incineration of 20 million SHIB tokens within minutes as part of a deflationary move to keep prices stable. An anonymous whale single-handedly sent over 12 million SHIB to dead wallets. While the move is commendable, analysts have called for consistency to support SHIB’s quest for higher price levels. Stakeholders backing the token remain optimistic thqt it might chart a rally drawing on the current outlook. #SHIB #Shibainu

Who’s leading the charge today? 🚀 Check out the top trending cryptos on BitDegree 👇 1. Pi $PI 2. Bitcoin $BTC 3. Solana $SOL 4. XRP $XRP 5. Ethereum $ETH 6. Dogecoin $DOGE 7. BNB $BNB 8. Shiba Inu $SHIB 9. Mines of Dalarnia $DAR 10. Cardano $ADA