Shiba

Four

Shiba Inu

Daily

<p>Shiba Inu looks to have yet another difficult day as it falls below the bearish flag pattern, which usually happens before the start of a continuation of the downtrend. According to crypto analyst Four, the SHIB price had been falling for some time now, as it has broken below an important support channel, placing sellers in the driver’s seat.</p><p>The fascinating thing about this trend is that even on a short-term and long-term chart, SHIB shares the same tale. It has been making lower highs and lower lows, trading below the vital moving averages.</p><p><strong><em>Read Also: <a href="https://captainaltcoin.com/why-is-official-trump-trump-price-pumping-analyst-warns-against-chasing-the-rally/" rel="noopener noreferrer nofollow">Why Is Official Trump (TRUMP) Price Pumping? Analyst Warns Against Chasing the Rally</a></em></strong></p><h2 class="wp-block-heading" id="strong-shiba-inu-s-4-hour-chart-favors-the-bears-strong"><strong>Shiba Inu’s 4-Hour Chart Favors the Bears</strong></h2><p>A look at the SHIB 4-hour chart shared by Four shows the bearish flag in play. Before the flag formation, the SHIB price was falling from $0.0000078 to $0.0000052, hence a fall of approximately 33%.</p><figure class="wp-block-image aligncenter size-large"><img width="1024" height="525" src="https://captainaltcoin.com/wp-content/uploads/2026/06/image-398-1024x525.png" alt="" class="wp-image-912743"><figcaption class="wp-element-caption"><strong><em>Source: <a href="https://x.com/x_four_iv/status/2065720837655671073?s=46" rel="noopener noreferrer nofollow">X/@four_iv</a></em></strong></figcaption></figure><p>This price fall saw SHIB trading sideways between $0.0000052 and $0.0000056 for some few weeks, resulting in the flag formation. As of the time of writing, the price of SHIB is trading around $0.00000532, which is almost similar to the 200 period EMA.</p><p>This is quite important as it shows that a bearish confirmation will happen once SHIB moves below $0.0000052, with the next support coming in at levels ranging between $0.0000038 – $0.0000040. On the other hand, when SHIB moves above $0.0000056, the bears will be less.</p><h2 class="wp-block-heading" id="strong-the-shib-daily-chart-still-points-lower-strong"><strong>The SHIB Daily Chart Still Points Lower</strong></h2><p>Even when looking at a broader timeframe, not much has changed. The SHIB price has been fluctuating around $0.00000499, marking an almost 14% fall from its trading above the 100-day Simple Moving Average of $0.00000581. The SHIB price has been unable to break above that moving average line since late 2025.</p><figure class="wp-block-image aligncenter size-large"><img width="1024" height="577" src="https://captainaltcoin.com/wp-content/uploads/2026/06/image-397-1024x577.png" alt="" class="wp-image-912735"><figcaption class="wp-element-caption"><strong><em>Source: <a href="https://captainaltcoin.com/go/tradingview-3/" rel="noopener noreferrer nofollow">TradingView</a></em></strong></figcaption></figure><p>The extent of the drop should be considered as well. The crypto was trading around $0.00002000 prior to the current decline, marking a loss of around 75%. The momentum indicator is also not in favor of bulls. The daily RSI is trading at 42.49, marking a reading that is lower than 50 but higher than oversold.</p><p><strong><em>Read Also: <a href="https://captainaltcoin.com/this-traders-shocking-xrp-price-prediction-comes-with-a-776-xrp-bet/" rel="noopener noreferrer nofollow">This Trader’s Shocking XRP Price Prediction Comes with a 776 XRP Bet</a></em></strong></p><h2 class="wp-block-heading" id="strong-shibarium-gives-investors-something-to-watch-strong"><strong>Shibarium Gives Investors Something to Watch</strong></h2><p>Even with the weak chart structure, the project continues to expand its ecosystem. Shibarium, Shiba Inu’s Layer-2 network, is introducing features such as auto-burn mechanisms, precision liquidity pools, and AI-related initiatives.&nbsp;</p><p>The goal is simple: increase network activity and create more reasons for users to interact with SHIB beyond <a class="wpil_keyword_link" href="https://captainaltcoin.com/meme-coins/" rel="noopener noreferrer nofollow">meme</a> coin trading. If adoption grows, higher transaction volumes could lead to more token burns and stronger demand across the ecosystem.</p><p>The regulatory picture has also improved. In March 2026, the SEC <a href="https://captainaltcoin.com/can-shiba-inu-shib-still-make-you-a-millionaire-heres-how-it-could-happen/" rel="noopener noreferrer nofollow">classified SHIB</a> as a digital commodity, making it easier for institutions to consider investment products tied to the token. That classification has already opened the door for multi-asset ETF proposals that include SHIB.</p><h2 class="wp-block-heading" id="strong-shib-supply-is-falling-but-the-numbers-are-still-huge-strong"><strong>SHIB Supply Is Falling, but the Numbers Are Still Huge</strong></h2><p>In terms of supply burning, the SHIB community has already burnt in excess of 410 trillion tokens while the number continues to fall as expected. The blockchain has even seen many whale wallets pull out in excess of hundreds of billions of SHIBs off exchanges, thereby reducing the tokens available for selling.</p><p>Despite this, the circulating supply is still hovering around 589 billion tokens meaning that supply burning alone cannot turn around things anytime soon. For now, <a href="https://coinmarketcap.com/currencies/shiba-inu/" rel="noopener noreferrer nofollow">SHIB</a> finds itself between two competing factors: a bullish fundamental backdrop and a bearish technical trend.&nbsp;</p><h2 class="wp-block-heading" id="faqs">FAQs</h2><div class="wp-block-uagb-faq uagb-faq__outer-wrap uagb-block-82dc26f3 uagb-faq-icon-row-reverse uagb-faq-layout-accordion uagb-faq-expand-first-false uagb-faq-inactive-other-true uagb-faq__wrap uagb-buttons-layout-wrap uagb-faq-equal-height uagb-faq__wrap uagb-buttons-layout-wrap"><div class="wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-2970d97a "><div class="uagb-faq-questions-button uagb-faq-questions"><span class="uagb-icon uagb-faq-icon-wrap"></span><span class="uagb-icon-active uagb-faq-icon-wrap"></span><span class="uagb-question"><strong>Can Shibarium help SHIB price recover<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2753.png" alt="❓" class="wp-smiley"></strong></span></div><div class="uagb-faq-content"><p>Shibarium may support long-term demand through burns and ecosystem usage, but current adoption levels still need to increase before it has a strong effect on price direction.</p></div></div><div class="wp-block-uagb-faq-child uagb-faq-child__outer-wrap uagb-faq-item uagb-block-50b37f5f "><div class="uagb-faq-questions-button uagb-faq-questions"><span class="uagb-icon uagb-faq-icon-wrap"></span><span class="uagb-icon-active uagb-faq-icon-wrap"></span><span class="uagb-question"><strong>What is the biggest risk for SHIB right now<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2753.png" alt="❓" class="wp-smiley"></strong></span></div><div class="uagb-faq-content"><p>The biggest risk is continuation of the bearish structure with breakdown below support levels, which could accelerate downside moves.</p></div></div></div><p><em><strong>Subscribe to <a href="https://www.youtube.com/@Captain-Altcoin" rel="noopener noreferrer nofollow">our YouTube channel</a> for daily crypto updates, market insights, and expert analysis.</strong></em></p><figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="wp-block-embed__wrapper"><iframe title="2026 Crypto Card Ranking — Massive CHANGES Nobody Expected!" src="https://www.youtube.com/embed/gVOD-NjXLDo?feature=oembed"></iframe></div></figure><p>The post <a href="https://captainaltcoin.com/shib-price-prediction-shiba-inu-could-face-more-pain-after-this-bearish-breakdown/" rel="noopener noreferrer nofollow">SHIB Price Prediction: Shiba Inu Could Face More Pain After This Bearish Breakdown</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

SHIB Price Prediction: Shiba Inu Could Face More Pain After This Bearish Breakdown

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