📰 Recent Developments: News & Analysis
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CoinDesk: Pullback but Monthly Gains Ahead
SHIB dropped nearly 9% this week, dipping below $0.00001263, but still poised to close July with double‑digit gains due to earlier strength in the meme‑coin sector.
The weakness reflects broader industry volatility and heightened investor preference for crypto projects with stronger utility.
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Whale Accumulation & On‑Chain Patterns
Data shows whales adding to holdings, shrinking exchange supply and boosting SHIB burns by ~50%. Technical patterns such as a double‑bottom and cup‑and‑handle suggest a possible bottom is forming.
According to Cryptonews, SHIB surpassed the 23.6% Fibonacci retracement level from the May–June drop, recording a ~5% weekly gain and support from futures activity and technical momentum.
📈 Technical Target Scenarios for the Coming Days
Short‑Term Outlook (next few days)
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Pricefore and CoinLore forecasts expect narrow movement between $0.0000126 and $0.0000131, with slight upside possible to ~$0.0000136 by early August.
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CoinCodex expects a modest rise to $0.00001274–$0.00001285 by July 31, and up to ~$0.00001385 by August 11 (~8% gains).
Medium‑Term Target Range
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CryptoNewsZ cites 2025 trading between $0.000013 and $0.000016, with an average predicted price around $0.000014.
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Bravenewcoin’s TheTraderAndy analysis suggests a potential move toward $0.000033 if current retest levels hold.
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CoinBasic highlights analyst calls for a 500% rally potentially targeting $0.000081, though that is based on a significant technical breakout that may not materialize in the immediate term.
AI Insight from Grok AI
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Grok AI flags a resistance-turned-support zone around $0.00001288–$0.00001289, now serving as a base after a breakout near July 10.
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The AI’s suggested sell zone lies around $0.000041–$0.000045, noting that this aligns with high‑volume price areas and previous resistance levels.
📋 Summary Table
| Time Horizon |
Projection |
Key Drivers |
| Next 1–3 days |
~$0.0000126–$0.0000131 (slight volatility) |
Consolidation, narrow technical range |
| 1–2 weeks |
Up to ~$0.0000136–$0.0000139 (≈5–8% upside) |
Whale accumulation, technical recovery potential |
| 1–3 months |
$0.000014–$0.000016 (est. medium‑term average) |
Ecosystem developments, upward momentum curve |
| If breakout occurs |
$0.00003–$0.000045 (pivotal resistance) |
Double-bottom/cup‑handle, broader crypto cycle |
| Bullish extreme |
$0.000081 (500%+ rally) |
Major breakout to upper regression channel |
✅ Can SHIB Price Rise in Coming Days?
Yes, but gains are likely modest initially.
Short-term movement is expected to stay within the $0.0000126–$0.0000131 range, possibly inching upward to $0.0000135–$0.0000139 in the week ahead. Strong technical setups and whale buying suggest limited downside and some upside potential.
A more meaningful rally toward $0.00003 and higher would require a confirmed technical breakout, strong on‑chain developments or broader meme‑coin market momentum.
If such a breakout occurs, analysts envision aggressive targets beyond $0.00004, though those would likely play out over weeks to months—not days.
⚠️ Risks & Caveats
- Market volatility remains high. Macro trends, Bitcoin price shifts, and regulatory news may sharply influence meme coins.
- Ecosystem utility is still emerging. SHIB’s long-term success hinges on real-world use cases via Shibarium, token burning, and future product launches.
- Speculative environment. Meme coins like SHIB can react strongly to hype, influencer sentiment, or market swings.
🧭 Final Take
- Near‑term (days): Slight recovery potential within a relatively tight range.
- Medium‑term (weeks): Target of $0.000014–$0.000016 seems plausible under favorable conditions.
- Bullish Depth: Breakouts could lift SHIB toward $0.00003–$0.000045, while extreme rallies to $0.000081 remain speculative.