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Reading: Is SHIB on the Rise Again: Bulls Have Taken Control of the Market
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EdaFace Newsfeed > Latest News > Altcoin News > Is SHIB on the Rise Again: Bulls Have Taken Control of the Market
Altcoin News

Is SHIB on the Rise Again: Bulls Have Taken Control of the Market

vitalclick
Last updated: November 1, 2025 6:27 pm
12 hours ago
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Contents
The Search for Balance in the Medium Term ContinuesTiming Will Be Decisive For Investors

The cryptocurrency market had a strong start to the weekend. According to CoinStats data, Shiba Inu (SHIB) gained 2.49 percent in value in the last 24 hours. The popular meme coin reversed direction after testing the support at $0.00000998. According to analysts, if the day closes above the $0.00001017 level, the possibility of the price rising to the $0.00001025 region will increase.

This recovery on the hourly chart shows that the bulls are gaining strength again. Especially short-term investors are taking a buying position again with the reaction from the support level. However, in order for the price to maintain this momentum, the volume must increase and the general market momentum must remain positive.

The Search for Balance in the Medium Term Continues

Looking at the broader timeframe, SHIB price has entered a recovery phase with support coming from the $0.00000956 level. However, it cannot be said that the bulls have gathered enough energy yet to make this rise permanent. Experts state that a sideways movement in the range of $0.000010 to $0.00001050 is more likely in the next few days. This process is interpreted as the “accumulation period” before choosing a new direction.



On the other hand, Dogecoin $0.187458 A similar picture draws attention on the (DOGE) side. DOGE increased by nearly 3 percent in the last 48 hours and tested the $ 0.16 level. Experts believe that there is an overall recovery in the meme coin segment and SHIB is at the center of this movement.

Timing Will Be Decisive For Investors

In the medium-term outlook, both buyers and sellers are cautious in terms of the balance of power. This means that volatility will remain low for a while. SHIB is currently trading at $0.00001014. If volume growth is supported, SHIB may start a new uptrend in the short term in the last quarter of 2025.

Finally, the Shiba Inu team’s updates on the “Shibarium” layer-2 network are also among the factors that support price expectations. The network’s transaction volume increased by 20 percent at the end of October, giving investors confidence in the long-term sustainability of the project.

Although the general situation of the market is promising for Shiba Inu, it is better to remain cautious. While technical indicators point to a short-term rise, it seems difficult to start a strong trend unless medium-term resistance zones are overcome. Experts recommend that investors be prepared for sudden corrections by determining profit taking points.

Disclaimer: The information contained in this content is not investment advice. Please note that cryptocurrencies involve high volatility and therefore risk. It is recommended that you make your investment decisions based on your own research and risk assessments. You can review our Trust Center page for detailed information.

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