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- SHIB price hovers near $0.00000990 with resistance ahead.
- Holder addresses top 1.54M, showing long-term confidence.
- Short-term momentum is muted; breakout could attract new buyers.
Shiba Inu ($SHIB) finds itself at a crossroads. While the number of holders continues to grow steadily, the token struggles to maintain momentum in the short term. Sitting near $0.00000990, SHIB balances between rising community support and persistent technical resistance. Investors are left questioning whether growing holder confidence can trigger a recovery or if further downside looms.
Price Action Under Pressure
Since August, SHIB has faced a consistent downtrend. Attempts to rally have been capped by descending resistance lines, limiting upside potential. Recent rebounds from $0.00000900 stalled near $0.00001076, aligning with the 20-day EMA. A cluster of resistances between the 20-day and 50-day EMAs, followed by tougher ceilings at the 100-day and 200-day EMAs, reinforces the bearish trend.
$SHIB holders now stand at 1,546,558 on chain holders with a steady growth week after week.
— SHIB POSSESSOR (@SHIBpossessor) October 21, 2025
Let’s keep building and growing.
momentum’s on our side. #SHIB pic.twitter.com/JxwCSF8Ibx
Volatility remains tight, keeping traders cautious. A break below the $0.00000900 support could trigger deeper declines. For now, market participants seem hesitant, preferring to wait for clear breakout signals before entering.
Holder Growth Suggests Long-Term Stability
On-chain data paints a brighter long-term picture. As of October 21, SHIB holders reached 1,546,558, reflecting consistent weekly growth. This expanding base of retail investors strengthens the token’s foundation, potentially stabilizing markets during downturns.
Also Read: Shiba Inu Surges 53%: Whale Accumulation and Market Optimism Fuel SHIB Rally
Long-term holder confidence often helps mitigate volatility and supports eventual rallies. Yet, short-term inflows remain limited. Coinglass reports a net outflow of roughly $901,000 on October 22, indicating muted buying activity. Without stronger inflows, price momentum may stay range-bound until a decisive breakout occurs.
Looking Ahead
Shiba Inu’s outlook remains mixed. While rising holder numbers signal steady confidence, the token faces resistance at key technical levels. A breakout above the downtrend channel could reignite upward momentum, attracting new buyers. Until then, SHIB may hover near its current range or test lower supports. Investors must weigh short-term caution against long-term optimism.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
