Sunday, August 10, 2025
Daily Crypto Post
  • Home
  • News
    • Altcoins News
    • Cryptocurrency News
  • Market
    • Price Analysis
  • About
  • Contact
No Result
View All Result
  • Home
  • News
    • Altcoins News
    • Cryptocurrency News
  • Market
    • Price Analysis
  • About
  • Contact
No Result
View All Result
Daily Crypto Post
No Result
View All Result

Shiba Inu (SHIB) Price Forecast for May 14: Can It Recover From 8% Drop?

Irene Mukiri by Irene Mukiri
May 13, 2025
in Market, News, Price Analysis
Reading Time: 3 mins read
Shiba Inu (SHIB) Price Forecast for May 14 Can It Recover From 8% Drop
Share on FacebookShare on TwitterShare on RedditShare on Telegram
  • SHIB struggles with bearish sentiment, holding near $0.000015 support levels.
  • Key resistance at $0.00001650 and $0.00001600 limits SHIB’s short-term recovery.
  • Without a volume surge, SHIB’s price recovery could lack sustainable momentum.

Shiba Inu (SHIB) has been facing turbulent market conditions, with its price declining sharply ahead of May 14. As of press time trading around $0.00001567, SHIB has shed over 8% in the past 24 hours. This recent drop marks a continuation of bearish sentiment that has dominated much of the short-term trend. 

Despite a brief spike earlier in the day, the price quickly retreated, suggesting weak bullish conviction. As SHIB attempts to stabilize, investors are eyeing key support and resistance zones to determine the next possible move.

Related articles

Pump.fun Circulating Supply Drops to Just 21.43% of LetsBONK, Market Share Shrinks to 22.2%

Pump.fun Circulating Supply Drops to Just 21.43% of LetsBONK, Market Share Shrinks to 22.2%

August 4, 2025
XRP Price Prediction for Aug 3 — Will $2.95 Hold or Break in This Pivotal Setup

XRP Price Prediction for Aug 3 — Will $2.95 Hold or Break in This Pivotal Setup?

August 2, 2025

Short-Term Price Behavior and Market Sentiment

Over the past day, SHIB reached a high near $0.00001732 before losing momentum. The descent was steady, with minor intraday rebounds failing to break resistance levels. Notably, the $0.00001650 and $0.00001600 zones acted as barriers during attempted recoveries. Consequently, the price continued slipping toward lower supports.

Support appears to be holding near the $0.00001500 psychological mark. Below that, a critical range between $0.00001480 and $0.00001460 shows signs of accumulation. This base could help SHIB stabilize, but the selling pressure remains a concern. 

The 24-hour trading volume also dipped by 6.6%, signaling reduced investor engagement. Moreover, the market cap has fallen to $9.23 billion, reinforcing the ongoing bearish undertone.

Broader Trend and Key Technical Levels

Looking at the daily timeframe from 2021 to mid-2025, SHIB’s journey reflects major cycles of hype and consolidation. The explosive rally in 2021 pushed SHIB to an all-time high of $0.00008800. However, 2022 brought a steep correction that extended into a quiet, sideways market in 2023.

SHIB/USD daily price chart, Source: TradingView

In 2024, SHIB attempted a breakout, yet strong resistance near $0.00002500 halted any sustained momentum. As of now, the price flirts with the 200-day SMA at $0.00001833. If SHIB can break above it, bullish sentiment might return. A golden cross involving the 50-day and 200-day SMAs would further confirm a reversal, but that setup has yet to occur.

Outlook for May 14

Heading into May 14, SHIB remains in a fragile state. For a bullish scenario, it must reclaim levels above $0.00001650. Failing that, revisiting the support zone between $0.00001480 and $0.00001460 seems likely. Investors should also monitor volume closely. Without a spike in trading activity, even a technical breakout may lack sustainability.

Tags: Price AnalysisShiba Inu (SHIB) News

Related Posts

Pump.fun Circulating Supply Drops to Just 21.43% of LetsBONK, Market Share Shrinks to 22.2%

Pump.fun Circulating Supply Drops to Just 21.43% of LetsBONK, Market Share Shrinks to 22.2%

by Munene Timothy
August 4, 2025

Pump.fun's token supply lags at 21.43% of LetsBONK’s, pushing its market share down to 22.2% amid changing user preference. LetsBONK...

XRP Price Prediction for Aug 3 — Will $2.95 Hold or Break in This Pivotal Setup

XRP Price Prediction for Aug 3 — Will $2.95 Hold or Break in This Pivotal Setup?

by Munene Timothy
August 2, 2025

XRP trades above key $2.95 support with bearish MACD and neutral RSI; price action suggests short term consolidation. Price remains...

Ethereum Dips Below $3,500 as Key Support Holds — Market Eyes Discount Window Amid Wider Crypto Pullback

Ethereum Dips Below $3,500 as Key Support Holds — Market Eyes Discount Window Amid Wider Crypto Pullback

by Veronicah Peninah
August 2, 2025

ETH currently trades at $3,489.96, with recent price action forming a discount zone of 10%–30% from local highs. Ethereum’s price...

Paul Atkins Unveils Project Crypto to Reinvent U.S. Capital Markets

Paul Atkins Unveils Project Crypto to Reinvent U.S. Capital Markets

by Irene Mukiri
August 2, 2025

SEC’s Project Crypto aims to modernize outdated rules for blockchain innovation U.S. positions itself to lead global digital finance with...

XRP Market Cap Model Suggests $10B in Buy Orders Could Skyrocket Price to $90

XRP Market Cap Model Suggests $10B in Buy Orders Could Skyrocket Price to $90

by Jonathan Carls
August 2, 2025

Thin liquidity enables massive XRP price jumps with minimal capital inflows Market cap multipliers reveal how $10B could drive XRP...

Load More

Recent News

  • Pump.fun Circulating Supply Drops to Just 21.43% of LetsBONK, Market Share Shrinks to 22.2%
  • XRP Price Prediction for Aug 3 — Will $2.95 Hold or Break in This Pivotal Setup?
  • Ethereum Dips Below $3,500 as Key Support Holds — Market Eyes Discount Window Amid Wider Crypto Pullback
  • Paul Atkins Unveils Project Crypto to Reinvent U.S. Capital Markets
  • XRP Market Cap Model Suggests $10B in Buy Orders Could Skyrocket Price to $90

Popular News

  • KEKIUS Price Prediction for June 2025 Signs of Weak Momentum and Accumulation Battle

    KEKIUS Price Prediction for June 2025: Signs of Weak Momentum and Accumulation Battle

    205 shares
    Share 82 Tweet 51
  • Market Analyst say XRP Could Finally Break Out of Its Current Consolidation in 2-4 weeks If It’s Following 2017

    202 shares
    Share 81 Tweet 51
  • SUI Price Breakout or Fakeout? What Chart Patterns Are Saying

    201 shares
    Share 80 Tweet 50
  • Bitcoin and Ethereum Face Pressure as 2,500 BTC and 80,000 ETH Hit Exchanges Amid Political Fallout

    202 shares
    Share 81 Tweet 51
  • SEC Approves Nasdaq Crypto Index Update to Include SOL, ADA, XLM, and XRP

    202 shares
    Share 81 Tweet 51

Live Crypto News | Bitcoin and Altcoins News & Insights.

Recent News

Pump.fun Circulating Supply Drops to Just 21.43% of LetsBONK, Market Share Shrinks to 22.2%
Pump.fun Circulating Supply Drops to Just 21.43% of LetsBONK, Market Share Shrinks to 22.2%
August 4, 2025
XRP Price Prediction for Aug 3 — Will $2.95 Hold or Break in This Pivotal Setup
XRP Price Prediction for Aug 3 — Will $2.95 Hold or Break in This Pivotal Setup?
August 2, 2025
Ethereum Dips Below $3,500 as Key Support Holds — Market Eyes Discount Window Amid Wider Crypto Pullback
Ethereum Dips Below $3,500 as Key Support Holds — Market Eyes Discount Window Amid Wider Crypto Pullback
August 2, 2025

© Daily Crypto Post. Live Crypto News | Bitcoin and Altcoins News & Insights. All Rights Reserved.

No Result
View All Result
  • Home
  • News
    • Altcoins News
    • Cryptocurrency News
  • Market
    • Price Analysis
  • About
  • Contact