Joerg Hiller
Aug 11, 2025 09:26
SHIB trades with weak bullish signals while Google’s AI forecasts a 16% decline to $0.00001 by month-end, creating uncertainty for traders despite accumulation signs.
Quick Take
• SHIB currently trading with 0.67% daily gains amid mixed market sentiment
• Shiba Inu’s RSI sits in neutral territory at 54.92 while MACD shows bullish momentum
• Google’s AI prediction of 16% price drop creates bearish pressure despite exchange reserve decline
What’s Driving Shiba Inu Price Today?
The most significant development affecting SHIB price this week is Google’s Gemini AI prediction of a 16.388% decline to $0.00001 by August 31st. This bearish forecast, released on August 7th, has introduced negative sentiment into the market as the AI cites weak technical indicators and reduced token burn activity as primary factors.
However, contradicting this pessimistic outlook, SHIB exchange reserves have plummeted to their lowest levels of 2025. The reserves dropped dramatically from $4.77 billion in late 2024 to just $1.05 billion as of August 4th, suggesting significant accumulation by long-term holders who are moving tokens to private wallets. This reduction in available supply on exchanges typically indicates bullish sentiment among investors.
Adding to the complexity, Shiba Inu recently celebrated its 5th anniversary on August 4th, highlighting the token’s remarkable 21,600,000% gain since inception. Despite this milestone, the celebration coincided with the token facing resistance at the $0.000016 level and experiencing a pullback to $0.00001298.
The governance landscape is also shifting as Shiba Inu initiates elections for its first “network president,” aimed at decentralizing control from founder Shytoshi Kusama. While this development introduces near-term uncertainty, it represents a significant step toward community governance.
SHIB Technical Analysis: Neutral Momentum with Bullish Undertones
The current Shiba Inu technical analysis reveals a complex picture with the SHIB RSI positioned at 54.92, indicating neutral momentum without clear directional bias. This reading suggests that neither buyers nor sellers have established strong control over the immediate price action.
Despite the neutral RSI, Shiba Inu’s MACD histogram shows bullish momentum with a positive reading of 0.0000, indicating that short-term moving averages are beginning to converge in favor of buyers. This subtle bullish signal contrasts with the broader bearish sentiment created by the AI prediction.
The Stochastic indicators paint a more optimistic picture, with Shiba Inu’s %K at 79.27 and %D at 75.46, suggesting the token is approaching overbought territory. These readings typically indicate strong upward momentum, though they also warn of potential short-term pullbacks.
Shiba Inu’s Bollinger Bands position shows a %B reading of 0.6635, indicating the price is trading above the middle band but below the upper band, suggesting moderate bullish pressure without extreme conditions.
Shiba Inu Price Levels: Key Support and Resistance
Based on recent price action and the current market structure, several critical Shiba Inu support levels and resistance zones have emerged. The immediate resistance sits around the $0.000016 level, which has proven challenging for SHIB to break through during its recent anniversary period.
The current pullback to approximately $0.00001298 has established this level as a crucial support zone. A break below this level could validate Google’s AI prediction and potentially drive SHIB price toward the forecasted $0.00001 target.
For traders monitoring SHIB resistance levels, the next significant barrier beyond $0.000016 would likely emerge around previous highs, though the current technical setup suggests considerable work is needed to reclaim these levels.
The SHIB/USDT trading pair on major exchanges shows these levels holding significance across different platforms, with volume concentration often occurring around these psychological price points.
Should You Buy SHIB Now? Risk-Reward Analysis
The current market environment presents different opportunities for various trader types. Based on Binance spot market data, short-term traders should exercise caution given the conflicting signals between the bullish MACD momentum and the bearish AI forecast.
For swing traders, the reduction in exchange reserves provides a compelling accumulation story, suggesting institutional or whale-level investors are positioning for longer-term gains. However, the immediate risk remains the potential fulfillment of the 16% decline prediction, which would offer better entry points around $0.00001.
Long-term investors might view the current uncertainty as an opportunity, particularly given Shiba Inu’s historical performance and the ongoing development of its ecosystem. The governance transition, while creating short-term uncertainty, could strengthen the network’s decentralization and community engagement.
Risk management becomes crucial in this environment. Traders should consider position sizing that accounts for the potential 16% downside while maintaining exposure to any upside momentum driven by the continued accumulation trend.
Conclusion
SHIB price faces a critical juncture as conflicting forces shape its near-term trajectory. While Google’s AI prediction introduces significant bearish pressure targeting $0.00001 by month-end, the dramatic reduction in exchange reserves suggests underlying accumulation that could support prices. The next 24-48 hours will likely determine whether the technical momentum can overcome the pessimistic forecast, with key levels at $0.00001298 support and $0.000016 resistance serving as crucial decision points for traders positioning in the SHIB/USDT pair.
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