Shiba Inu Price Prediction: Analysts Eye $0.000014 Recovery As Holder Count Surges

• Shiba Inu price trades around $0.00001206, consolidating within a long-term triangle pattern.
• Coinglass data shows $1.3M in outflows, reflecting cautious sentiment near resistance.
• Holder base reaches 1.54M, hitting a new record and signaling long-term conviction.

Shiba Inu (CRYPTO: SHIB) is trading around $0.00001206, slightly down by 2.1% in the last 24 hours after another rejection near its descending trendline. The token remains compressed inside a long-term symmetrical triangle, showing waning volatility as traders await a breakout decision.

While the daily structure tightens, Shiba Inu continues to attract new on-chain participants, signaling growing network conviction even during price stagnation.

Shiba Inu Price Holds Key Triangle Support

The daily chart shows SHIB consolidating between $0.00001190 and $0.00001350, forming a classic symmetrical triangle pattern that has defined most of its 2025 trajectory. The 20-day EMA sits near $0.00001240, overlapping with the lower boundary of the triangle and providing short-term structural support.

Above, the 50-day EMA aligns around $0.00001258, while the 100- and 200-day EMAs hover near $0.00001279 and $0.00001353, respectively. This EMA compression reflects a market in equilibrium, with neither bulls nor bears taking firm control.

Related: Solana Price Prediction: ETF Staking Twist And 95% Stock Volume Lead Build Momentum

A daily close below $0.00001190 could open a retest toward $0.00001080 and potentially $0.00000950. Conversely, a breakout above $0.00001350 would confirm a bullish structure shift, targeting $0.00001420 and the June swing high near $0.00001550.

On-Chain Flows Reflect Short-Term Caution

According to Coinglass data, Shiba Inu saw a $1.3 million net outflow on October 9, highlighting mild distribution after a week of steady inflows. The shift suggests traders are booking profits near resistance while awaiting clearer technical direction.

Netflow trends over the past month show alternating green and red bars, reflecting fragmented sentiment. Large holders have refrained from major accumulation since mid-September, though the absence of heavy outflows indicates stability rather than panic selling.

Overall, the SHIB price action remains range-bound, with traders eyeing confirmation from on-chain flows before betting on a breakout. Sustained positive net inflows above $10 million would be the first sign of returning conviction.

Holder Base Reaches New Record High

In contrast to the cautious flows, network fundamentals continue to improve. Data from Etherscan shows 1,544,810 SHIB holders, up 0.022% this week. The milestone marks a new all-time high, demonstrating expanding community participation even as the token trades near mid-range support.

Related: Ethereum Price Prediction: ETH Holds Key Fibonacci Level Ahead of Fusaka Upgrade

Analysts view the steady rise in holder count as a vote of confidence for Shiba Inu’s long-term ecosystem. Despite limited short-term volatility, the consistent increase in wallet addresses reinforces the narrative of gradual accumulation and broader retail stickiness.

This divergence—growing holders amid flat prices—often precedes larger directional moves as market positioning consolidates beneath resistance.

Technical Outlook For Shiba Inu Price

Outlook: Will Shiba Inu Go Up?

Shiba Inu’s immediate trajectory hinges on whether bulls can defend $0.00001200 and push above the $0.00001350 barrier. While on-chain flows have cooled, the expanding holder base provides a counterbalance, signaling continued faith from the retail community.

Analysts remain cautiously optimistic as long as SHIB holds above $0.00001190. A clean breakout above $0.00001350 could trigger renewed momentum toward $0.00001420–$0.00001550, while failure to hold support would likely send price back toward $0.00001080.

Related: Bitcoin Price Prediction: Polymarket and Ex PayPal Chief See $1.3M BTC

For now, Shiba Inu price prediction remains neutral to mildly bullish, with growing network strength offsetting near-term flow weakness. The next few sessions could determine whether SHIB finally escapes its months-long triangle or extends its consolidation phase into late October.