CONNECT WITH US
Web3 & Blockchain

Web3 & Blockchain

SHIB Price Prediction: Momentum Cools at Lower Band as Resistance Gate Stays Shut

Blockchain.News logo

Published on

Add as a preferred source on Google
SHIB Price Prediction: Momentum Cools at Lower Band as Resistance Gate Stays Shut

Shiba Inu slipped 1.10% over the past 24 hours on Binance spot, with momentum indicators sitting in neutral-to-bearish territory. A conditional upside scenario published by crypto.news on October 5...

Market analysis includes conditional scenarios, not assured price outcomes or investment advice. Check the data, assumptions and dates cited.

Shiba Inu recorded a 24-hour decline of 1.10% on Binance spot as of this writing, with turnover of approximately $1.65 million over the same window. That volume figure is relatively subdued and offers no strong signal of directional conviction either way. The price-level fields in the technical data feed — including moving averages, Bollinger Band dollar levels, ATR, and key support/resistance prices — are returning null values at the time of publication, so price-specific levels from that source cannot be cited here. The analyst reference from crypto.news dated October 5, 2026 provides the only attributable price anchors available for this analysis.

The 14-period daily RSI sits at 44.84, placing SHIB in the neutral zone and technically below the 50 midline — a positioning that historically indicates neither oversold exhaustion nor overbought excess, but does reflect a drift in selling pressure relative to buying pressure over the lookback window. The MACD histogram is flagged as bearish in the supplied data, suggesting that short-term momentum has not yet turned constructive, even if the MACD and signal line values are too small in absolute terms to carry weight on their own given SHIB's price denomination.

38 place the oscillator in the lower portion of its range, below the conventional 40 level that some traders treat as a recovery watch zone.


Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.