The SHIB token spent the session oscillating between clearly defined support and resistance zones, reflecting classic trading range behaviour. After marking the session low around $0.000013, the SHIB price recovered and approached a critical resistance near $0.00001425. Multiple breakout attempts were made but consistently failed, highlighting weak momentum. RSI hovered near overbought conditions several times, while MACD meandered at the baseline, both suggesting an indecisive market. Despite a few minor spikes and pullbacks, SHIB failed to establish a strong trend, spending most of the day fluctuating within tight technical zones. The structure sets up an important move in the coming sessions.
SHIB Price Analysis for April 26, 2025
SHIB formed a minor range, which broke out to the downside at 02:10 UTC, marking the low of the day at $0.000013. Then the price moved to the upside. At 04:10 UTC, RSI moved above the level of 70, indicating overbought market conditions, suggesting that there should soon be a reversal or at least a pullback. The SHIB token formed a resistance area at $0.00001425, which proved critical for the SHIB price to break. SHIB made a support area at $0.00001380. A minor range appeared within the zone.
Which broke out to the upside at 09:20 UTC, but the upside SHIB breakout soon failed and was unable to cross the resistance area. Price dropped to the support level, and at 21:05 UTC, with the support of a Golden Cross, SHIB broke the downward-moving line to the upside. pushing the price up to the resistance level of $0.00001425. At the end of the day, the SHIB token showed extreme trading range behaviour. RSI and MACD meandered around their base levels, strongly indicating trading range behaviour for SHIB.
In the early hours of 26th April at 00:10 UTC, the price broke out to the upside from the resistance level of $0.00001425, supported by a Golden Cross of MACD. SHIB marked the high of the day at $0.00001500. The price dropped to the level of $0.00001450 in search of buyers. If SHIB crosses its high, then a major move is expected from the range. If the SHIB price moves downward, it may find support at its previous resistance level of $0.00001425. The next few sessions are critical for SHIB.
SHIB Prepares for Critical Breakout
SHIB opened April 26 with a small SHIB breakout above its key resistance at $0.00001425, supported by a Golden Cross of MACD. Price reached a session high near $0.00001500 but quickly retraced to $0.00001450, where it’s currently consolidating. If SHIB can clear the recent high, a larger upside move could develop. However, if the SHIB price fails and dips back toward $0.00001425, the asset risks sliding back into its former trading range. With momentum indicators still neutral, traders should wait for confirmation before committing. The next few sessions will be crucial in determining SHIB’s short-term direction.
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