Shiba Inu Struggles as Memecoin Market Stalls

Shiba Inu Faces Bearish Outlook Amid Stagnant Memecoin Market: Will SHIB Break the Range?

Shiba Inu Price Prediction: Bearish Trends Continue as Memecoin Sector Stagnates

The memecoin market has struggled to gain bullish traction over the past three weeks, reflecting broader investor hesitation in speculative assets. A month ago, the total market capitalization of the meme sector stood at $59.6 billion. At the time of writing, it has declined to $54.72 billion, marking a nearly 8.2% drop and signaling a prolonged phase of consolidation.

Among the top memecoins, Shiba Inu (SHIB) continues to exhibit range-bound price action, mirroring the overall stagnation of the sector. Since March 2025, SHIB has failed to break out of its established trading range. A failed breakout attempt in May pushed the token back toward the lower boundary of its price range, currently hovering near $0.0000111.

This underwhelming performance not only places SHIB at a critical technical juncture but also reflects diminished investor confidence—especially when compared to Bitcoin (BTC), which, despite its own range-bound movement between $101.5K and $109.5K, has outperformed SHIB in the past two weeks.

Shiba Inu Bears Maintain Control Amid Market Uncertainty

The price structure for SHIB, based on the 1-day chart, remains decidedly bearish. The current trading range is defined between $0.0000111 (support) and $0.0000142 (resistance), with a mid-range barrier near $0.0000126. For a bullish reversal to take shape, SHIB must break above the lower high at $0.0000136, a key resistance level marked on the chart.

Unfortunately for SHIB bulls, technical indicators do not yet support a bullish narrative:

Trading Volume has remained consistently low throughout 2025, especially when compared to the late 2024 bullish activity, signaling waning interest and participation in SHIB.
The On-Balance Volume (OBV) continues to form lower highs, underscoring a dominance of sellers in the current market environment.
No clear bullish divergence is present on momentum indicators, making a rally less likely without a significant catalyst.

Key Support Level: $0.0000111 Key Resistance Levels: $0.0000126 (mid-range), $0.0000136 (trend reversal), $0.0000142 (range top)

Fundamental Data Reveals Bearish Pressure

On-chain metrics from Santiment further strengthen the bearish case for SHIB.

1. Mean Coin Age on the Decline

After three months of accumulation, Mean Coin Age for SHIB has been falling steadily since May. This shift indicates that long-term holders have started moving their tokens, a pattern commonly associated with distribution phases. When veteran holders begin to offload tokens, it often signals a lack of long-term conviction.

2. MVRV Ratio Signals Unrealized Losses

The Market Value to Realized Value (MVRV) ratio continues to show that a majority of SHIB holders are underwater. This discourages new buying activity, as holders may be waiting to break even before selling, contributing to price stagnation.

3. Age Consumed Spikes

A spike in Age Consumed was observed in early June, coinciding with a wave of increased selling pressure. While this pressure has since moderated, the damage to market sentiment lingers.

Taken together, these indicators suggest that any bullish momentum for SHIB in the near term will likely be short-lived, unless backed by external catalysts—such as a strong Bitcoin rally or broader inflows into the altcoin and memecoin sectors.

Is a SHIB Recovery Still Possible?

Cryptocurrency Market Decline: Memecoin Sector Struggles as Bitcoin Dominates

Despite the overwhelmingly bearish indicators, SHIB currently sits at a key demand zone near the range bottom ($0.0000111). This price area has historically attracted buying interest, providing the potential for a short-term relief rally.

A confirmed breakout above $0.0000136 could mark the first signal of a structural reversal, potentially leading to a test of the upper range near $0.0000142. However, such a move would require:

A rise in trading volume

Improvement in on-chain activity

A broader market tailwind, likely led by Bitcoin or Ethereum

What Needs to Change for a SHIB Bull Run?

SHIB bulls must overcome multiple technical and fundamental hurdles to regain upward momentum. Here’s what traders and investors should watch:

Bitcoin Breakout Above Resistance

SHIB and other memecoins are highly sensitive to Bitcoin's movement. A Bitcoin breakout above $110K, followed by consolidation, could lead to capital rotation into higher-risk assets like SHIB.

Improved Social Sentiment

SHIB’s popularity thrives on community hype. If social media mentions and Google search trends for Shiba Inu start rising, this could signal renewed retail interest.

Whale Accumulation

On-chain data showing increased large wallet accumulation (whale activity) can provide a strong bullish signal. This was a key catalyst in SHIB’s historic rallies.

Sustained Increase in Volume

Without consistent trading volume, breakouts tend to fail. A strong rally needs to be supported by liquidity and participation across exchanges.

Positive Network Updates or Ecosystem Developments

Announcements related to Shibarium, SHIB’s Layer-2 solution, or new partnerships and burn mechanisms can act as bullish catalysts.

Bottom Line: Patience Required Amid Bearish Structure

For now, Shiba Inu remains in a bearish consolidation zone, with range lows acting as critical support. Investors should tread carefully and avoid premature entries until key resistance levels are breached and on-chain dynamics improve.

Short-term traders may find opportunities for bounce plays near support, but long-term holders should wait for clear trend reversal signals before accumulating.

In a broader context, the memecoin market continues to mirror the sentiment of the overall crypto market—hesitant, uncertain, and searching for a narrative to ignite the next wave of momentum.

Quick Recap: SHIB Technicals & On-Chain Outlook

IndicatorSignalImplication

Price Action	Range-bound ($0.0000111–$0.0000142)	Neutral to Bearish
Market Structure	Lower highs	Bearish
OBV	Lower highs	Low demand
Mean Coin Age	Declining	Distribution
MVRV	Negative	Holders in loss
Age Consumed	Spike in June	Selling pressure
Trading Volume	Low	Weak momentum