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Jakarta, Pintu News – Shiba Inu (SHIB), the largest meme coin on Ethereum, started December with a price trend that challenged the negative narrative that has been attached to it over the past few months.
After experiencing a few weeks of declining liquidity and sentiment, SHIB has suddenly registered an 11% gain in the last 10 days according to TradingView, and is forming a foundation that looks stronger than ever this year.
Although the Fear and Greed Index is still in the deep fear zone with a score of 22, and even reached extreme fear with scores of 16 yesterday and 15 last week, the SHIB managed to rise. This rise shows that SHIB’s price movements are driven more by chart mechanics than the collective mood of the market.
The daily chart shows SHIB climbing back to $0.00000899, breaking minor intraday resistance and closing with enough conviction to make even the most skeptical reconsider levels they deemed irrelevant two weeks ago.
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The pattern formed on the chart is not unusual, but it often appears on assets that have been below their own moving averages for too long. The pattern is just below the 23-day SMA at $0.00000863 and the 50-day SMA at $0.00000934, which are starting to converge into a zone that could either reject or push up the SHIB depending on the strength of the next impulse.
If buyers can maintain this structure, a move towards the 200-day curve becomes more realistic and not just a fantasy. This suggests that SHIB doesn’t need a big spike to get there, but only needs the current recovery to hold without collapsing back to the lower $0.0000080s range.
The main target for SHIB recovery is the 200-day moving average which is currently at $0.00001175. If reached, this will not only add 30% to the price of the Shiba Inu coin but also remove one zero from the number.
This suggests that SHIB does not need a full breakout to reach it, but only needs the current rebound to hold without collapsing back into the lower $0.0000080s range. If buyers continue to support this structure, the move to the 200-day curve becomes less of a fantasy and more of a mechanical result of the range itself.
With this unexpected rise, Shiba Inu (SHIB) proves that even though the market is full of fear, there is still room for optimism among investors. SHIB’s performance in December may be an important turning point or just a brief moment in the broader crypto market volatility.
Also Read: Decisive Week: XRP Braces for a Huge December 2025 Surge!
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.
A1: Shiba Inu (SHIB) is a meme coin operating on the Ethereum network, known as one of the largest meme coins by market capitalization.
A2: Shiba Inu (SHIB) has recorded a price increase of 11% in the last 10 days.
A3: The Fear and Greed Index is a tool used to measure investor sentiment in the market, with lower scores indicating fear and higher scores indicating greed.
A4: The main target of the Shiba Inu (SHIB) price recovery is to reach the 200-day moving average which is currently at $0.00001175.
A5: If SHIB reaches the 200-day moving average, this will add 30% to the price of the coin and remove one zero from the number.
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