Shiba Inu (SHIB) price has been trading sideways over the past seven days but remains down 27% in the last 30 days, reflecting a broader period of weakness. Despite recent signs of recovery, momentum indicators like the RSI and BBTrend suggest that SHIB is still struggling to establish a clear direction.

However, a potential golden cross forming on the EMA lines could signal a bullish breakout, with SHIB eyeing key resistance levels at $0.000017 and $0.000019. On the downside, if selling pressure resumes, SHIB could retest support at $0.000014.

SHIB RSI Is Currently Neutral, Down From 60.8

Shiba Inu RSI is currently at 52 after a sharp move yesterday that saw it surge from 50 to 60.8. The Relative Strength Index (RSI) is a momentum indicator used to measure whether an asset is overbought or oversold on a scale of 0 to 100.

Typically, an RSI above 70 signals overbought conditions and a potential price pullback, while an RSI below 30 indicates oversold conditions and the possibility of a rebound.

When the RSI hovers around the 50 mark, it suggests a lack of strong momentum in either direction, meaning the asset is in a neutral zone without a defined trend.

With the meme coin’s RSI now sitting at 52, it indicates that the recent bullish momentum has faded slightly, but the price is not yet in a bearish state. While RSI above 50 can suggest slight bullish strength, it is not strong enough to confirm a breakout.

If SHIB can regain momentum and push RSI back above 60, it could signal increasing buying pressure and a potential continuation of the uptrend.

However, if RSI continues to decline below 50, it may indicate weakening demand, leaving SHIB vulnerable to further consolidation or even a pullback.

Shiba Inu BBTrend Is Now Positive, But Still Low

Shiba Inu BBTrend indicator has turned positive, currently at 2.29, after spending six consecutive days in negative territory and reaching a low of -19.3 on February 6. The BBTrend, or Bollinger Bands Trend, is a volatility-based indicator that helps determine the strength and direction of a trend.

A positive BBTrend value suggests bullish momentum, while a negative value indicates bearish pressure. The deeper the negative reading, the stronger the selling pressure, whereas higher positive values signal an increasing uptrend.

With SHIB BBTrend now at 2.29, the shift from negative territory suggests that bearish momentum has weakened, and buying pressure is starting to build. While this does not yet confirm a strong uptrend, it indicates a potential transition toward a more bullish structure.

If BBTrend continues rising, it could signal increasing volatility in favor of buyers, pushing SHIB toward further gains.

However, if the indicator struggles to move higher or turns negative again, it would suggest that the recent recovery lacks strength, leaving SHIB at risk of renewed downward pressure.

SHIB Price Prediction: A Potential 57% Surge

Shiba Inu’s EMA lines suggest that a golden cross could form soon. A golden cross is a bullish signal that occurs when a short-term moving average crosses above a long-term moving average. If this pattern materializes, SHIB price could gain momentum and first test the resistance at $0.000017.

A breakout above this level could push the price higher toward $0.000019, and if bullish momentum continues, SHIB could target $0.0000249, representing a potential 57% upside.

On the other hand, if SHIB price fails to sustain buying pressure and enters a renewed downtrend, it may test the key support at $0.000014.

A breakdown below this level would open the door for further downside, with the price potentially falling to $0.0000116, marking a 27% decline. This would indicate that the bearish momentum seen in recent weeks remains intact, increasing the likelihood of further losses.

The crypto market has experienced a rebound today, with the uptick in trading activity signaling renewed investor interest. 

As market sentiment improves, several altcoins have recorded gains as they receive attention from market participants. Among the standout altcoins today are AI16z, B3, and PinLink, each showing significant price movements.

ai16z (AI16Z)

AI Agent token AI16Z is one of the altcoins trending today. It currently trades at $0.58, having surged 35% in price in the past 24 hours.

Beyond the broader market rally, AI16Z’s price surge is driven by a notable spike in whale activity. In an X (formerly Twitter) post, an on-chain analyst highlights a recent transaction, revealing that a particular whale address executed a massive $7.5 million swap. 

The transaction included the acquisition of  6.5 million AI16Z tokens at an average price of $0.5609. This large-scale accumulation signals strong investor confidence and adds to the bullish momentum surrounding the AI token.

If this momentum continues, AI16Z could break above $0.68 and target $1.21. 

On the other hand, if buying activity wanes, AI16Z could fall to $0.41. 

B3 (B3)

Newly launched Layer-3 coin B3 is another altcoin that has received significant attention today from traders and analysts alike. At the time of writing, the altcoin trades at $0.0063, up 34% in the past 24 hours. 

On an hourly chart, B3’s Relative Strength Index (RSI) is in an upward trend, reflecting the buying activity among traders. It is currently at 56.04.

An asset’s RSI measures its oversold and overbought market conditions. It ranges between 0 and 100, with values above 70 indicating that the asset is overbought and due for a correction. On the other hand, values under 30 indicate that the asset is oversold and may witness a rebound.

At 56.04 and in an uptrend, B3’s RSI suggests that buying pressure is increasing steadily, hinting at a potential continuation of its rally. In this case, the altcoin’s price could reach $0.0075.

However, if selloffs commence, B3’s price may fall to $0.0061. The lack of strong support at this level could cause its price to drop to $0.0052.

PinLink (PIN)

AI token PIN is a trending altcoin today. Its price has soared 10% over the past 24 hours, fueled by the general market uptick. However, this rally is not backed by any significant demand for the altcoin, as reflected by its falling daily trading volume.

This has totaled $2.39 million, dropping by 9% in the past 24 hours. When an asset’s price rises while its trading volume falls, a divergence occurs, suggesting that the price increase may not be supported by strong market participation. 

This indicates a lack of conviction or sustainability in the upward trend. It also signals that the price rise is driven by a smaller number of traders, possibly making it more vulnerable to correction.

If PIN reverses its current trend, its value could drop to $0.75.

 Conversely, a spike in the demand for the altcoin could drive its price up to $1.53.

Bitcoin may face a major supply shock as exchange reserves hit the lowest point in years. CryptoQuant data shows reserves at the lowest level since it began recording this data in 2022.

Additionally, demand for Bitcoin is spiking from long-term holders despite price turmoils. This supply shock could become a major bullish signal for the coming months.

Is Bitcoin Headed for a Supply Shock?

Since Bitcoin has reached a new era of market integration and institutional acceptance, corporate and individual whales are acquiring as much as they can.

Last month, ETF issuers were buying it 20x faster than miners could produce it, and they collectively hold more than Satoshi Nakamoto. However, due to these trends, Bitcoin’s supply is in jeopardy.

As CryptoQuant data shows, around 2.5 million BTC is currently held in exchange reserves. This is the lowest reserve balance in nearly 3 years.

Additionally, the US Bitcoin ETF issuers and other corporate whales are very flashy buyers, but 69% of the supply is held by individuals. In fact, ETFs recently had their first weekly outflow of 2025, showing that the problem goes beyond them.

In other words, the supply crisis in Bitcoin is very real right now. Additionally, the vast majority of it has been mined already, with only 5.7% remaining. On top of that, unknown quantities are lost. A slight increase in demand could kick off a fresh, bullish cycle.

This demand may be materializing despite Bitcoin’s recent price declines. This week, the market has witnessed a sharp spike in Permanent Holder Demand, signaling strong confidence from individual users. These holders are also selling BTC less frequently. These factors could combine to create a Bitcoin supply shock.

“Soon every billionaire will buy a billion dollars of Bitcoin and the supply shock will be so great that we’ll stop measuring BTC in terms of fiat,” said Michael Saylor in a recent interview.

There’s also the consideration of a Bitcoin reserve in the US and many other countries. In the US, 20 states have currently proposed bills to establish a strategic Bitcoin reserve. If such strategies are approved, state and national governments will purchase BTC, and the supply will further decline.

So, at the current level, a Bitcoin supply chain is very much imminent. However, macroeconomic factors, such as interest rates and global tariffs, will also play a critical role.