Technical analysis consists in assessing statistical trends derived from commercial activity, such as price movements and trading volumes. Because, several key technical indicators give an overview of its potential future price movements.
Levels of support and resistance
In March 2025, the price of SHIB dropped to a significant level of support at $ 0.0000,1210, aligning with the lowest of August 2024. This level also corresponds to an ascending trend line connecting the lowest points since 2021. Historically, retests this trend preceded substantial price increases.
Mobile medium
The displaced averages smoke price data to identify trends over specific periods. From the latest data, the price of SHIB remains below the exponent movable means of 50 days and 100 days (EMAS), indicating a downward trend. A sustained movement above these EMA could point out a potential tendency reversal.
Relative force index (RSI)
The RSI measures the magnitude of recent price changes to assess the over -racout or occurrence conditions. An RSI above 70 suggests excessive conditions, while less than 30 indicate occurrence conditions. Currently, the SHIB RSI recovers surveillance levels, suggesting a growing bullish dynamic.
Graphic diagrams
A descending corner model, generally considered to be a bullish inversion indicator, was identified in the Table of Shib Price. An escape above this model suggests a potential upward price movement.
