{"id":33176,"date":"2025-06-23T13:01:52","date_gmt":"2025-06-23T13:01:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=33176"},"modified":"2025-06-23T13:01:52","modified_gmt":"2025-06-23T13:01:52","slug":"shiba-inus-v-shaped-recovery-driven-by-over-2t-shib-in-volume","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=33176","title":{"rendered":"Shiba Inu&#8217;s V-Shaped Recovery Driven By Over 2T SHIB in Volume"},"content":{"rendered":"<div>\n<p>Shiba Inu&#8217;s SHIB v-shaped price recovery from 16-month lows is characterized by a surge in trading volumes, according to CoinDesk&#8217;s AI research.<\/p>\n<p>The meme cryptocurrency has bounced to $0.0000$1080, having hit a low of $0.00001025 late Sunday. That was the lowest level since February 2024, according to data source TradingView.<\/p>\n<p>The bounce comes as bitcoin, the leading cryptocurrency by market value retook the $100,000 handle after oil&#8217;s largely muted response to the U.S. airstrikes on Iran.<\/p>\n<p>SHIB&#8217;s recovery appears sustainable, driven by a surge in trading volumes. According to CoinDesk&#8217;s AI insights, buying pressure emerged late Sunday, with volume exceeding 2 trillion SHIB, more than double the 24-hour average.<\/p>\n<p>The subsequent bounce, represented by a series of higher lows and higher highs, ran into resistance near $0.00001088 during Monday&#8217;s Asian trading hours.<\/p>\n<h2>Key AI insights<\/h2>\n<ul>\n<li>SHIB has recovered from a significant dip to $0.00001008, stabilizing around $0.00001081 with strong volume support during the recovery phase.<\/li>\n<li>Geopolitical tensions and trade disputes continue to influence cryptocurrency markets, with SHIB&#8217;s price action forming a clear V-shaped recovery pattern.<\/li>\n<li>Volume spiked to nearly 8 trillion units during the 11:05 candle, indicating strong market participation.<\/li>\n<li>A double-top pattern formed at around $0.00001083, with significant selling pressure at this resistance level.<\/li>\n<\/ul>\n<h2>Hourly chart<\/h2>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/06cb36ef5abacfd12af45a5e763fd837d09ef720-2848x1292.png?auto=format\" alt=\"SHIB's hourly price chart. (TradingView\/CoinDesk)\" title=\"SHIB's hourly price chart. (TradingView\/CoinDesk)\"><\/p>\n<ul>\n<li>SHIB&#8217;s price has taken out the descending trendline, characterizing the sell-off from Friday. <\/li>\n<li>Prices, however, are yet to cross above the Ichimoku cloud, a momentum indicator. That would confirm a bullish trend reversal. <\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Shiba Inu&#8217;s SHIB v-shaped price recovery from 16-month lows is characterized by a surge in trading volumes, according to CoinDesk&#8217;s AI research. The meme cryptocurrency has bounced to $0.0000$1080, having hit a low of $0.00001025 late Sunday. That was the lowest level since February 2024, according to data source TradingView. The bounce comes as bitcoin, [&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-33176","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\/33176","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=33176"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/33176\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}