{"id":26985,"date":"2025-05-15T15:46:44","date_gmt":"2025-05-15T15:46:44","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=26985"},"modified":"2025-05-15T15:46:44","modified_gmt":"2025-05-15T15:46:44","slug":"shiba-inu-shib-price-drops-7-in-24-hours-but-remains-up-25-over-the-past-month","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=26985","title":{"rendered":"Shiba Inu (SHIB) Price Drops 7% in 24 Hours but Remains Up 25% Over the Past Month"},"content":{"rendered":"<div>\n<p>The cryptocurrency market is feeling the effects of shifting global economic conditions as Shiba Inu (SHIB) faces significant downward pressure. <\/p>\n<p>The meme token&#8217;s recent price action shows a clear downtrend with consecutive lower highs, breaking through multiple support levels. <\/p>\n<p>The most intense selling occurred during the 07:00 hour when price collapsed to 0.0000149, with volume nearly doubling the average trading rate.<\/p>\n<p><strong>Technical Analysis Highlights<\/strong><\/p>\n<ul>\n<li>SHIB dropped from 0.0000159 to 0.0000149, representing a 6.4% decline with an overall range of 0.0000012 (7.5%).<\/li>\n<li>Price action formed a clear downtrend with consecutive lower highs, breaking through multiple support levels around 0.0000156 and 0.0000152.<\/li>\n<li>High-volume selling occurred during the 07:00 hour when price collapsed to 0.0000149, with volume exceeding 1.43 trillion SHIB\u2014nearly double the average trading volume.<\/li>\n<li>Formation of resistance at 0.0000152 and support at 0.0000148 suggests potential consolidation before the next directional move.<\/li>\n<li>In the last hour, SHIB experienced significant volatility with a sharp decline from 0.0000151 to 0.0000147, followed by a modest recovery to 0.0000149.<\/li>\n<li>Most intense selling pressure occurred between 13:33-13:36, with volume spiking to over 83 billion SHIB at 13:35, establishing a critical support zone around 0.0000148.<\/li>\n<li>Price action formed a V-shaped recovery pattern after reaching the session low of 0.0000147 at 13:51, with increasing buying momentum pushing SHIB back above the 0.0000148 level.<\/li>\n<\/ul>\n<p>Disclaimer: This article was generated with AI tools and reviewed by our editorial team to ensure accuracy and adherence to <a href=\"https:\/\/www.coindesk.com\/ethics\">our standards<\/a>. For more information, see <a href=\"https:\/\/www.coindesk.com\/coindesk-news\/2023\/04\/14\/how-coindesk-will-use-generative-ai-tools\">CoinDesk\u2019s full AI Policy<\/a>. This article may include information from external sources, which are listed below when applicable.<\/p>\n<p><strong>External References<\/strong><\/p>\n<ul>\n<li>&#8220;<a href=\"https:\/\/cryptonews.com\/news\/shiba-inu-price-analysis-shib-primed-for-2x-explosion-as-meme-season-returns\/\">Shiba Inu Price Analysis: SHIB Primed For 2x Explosion as Meme Season Returns<\/a>&#8220;, cryptonews, published May 13, 2025.<\/li>\n<li>&#8220;<a href=\"https:\/\/coinpedia.org\/price-analysis\/dogecoin-and-shiba-inu-teeter-on-edge-of-bearish-reversal-whats-next-for-shib-and-doge-prices\/\">Dogecoin and Shiba Inu Teeter on Edge of Bearish Reversal: What\u2019s Next for SHIB and DOGE Prices?<\/a>&#8220;, CoinPedia, published May 14, 2025.<\/li>\n<li>&#8220;<a href=\"https:\/\/coinedition.com\/shiba-inu-shib-price-prediction-for-may-16-2025\/\">Shiba Inu (SHIB) Price Prediction for May 16<\/a>&#8220;, Coin Edition, published May 15, 2025.<\/li>\n<\/ul>\n<p><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency market is feeling the effects of shifting global economic conditions as Shiba Inu (SHIB) faces significant downward pressure. The meme token&#8217;s recent price action shows a clear downtrend with consecutive lower highs, breaking through multiple support levels. The most intense selling occurred during the 07:00 hour when price collapsed to 0.0000149, with volume [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-26985","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26985","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26985"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26985\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}