Shiba Inu Gains Momentum in Accumulation Zone, Potential Breakout Ahead

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Aug 23 2025

Current Trading Status: Shiba Inu (SHIB) is trading at $0.000013, near a key accumulation zone, with daily trading volume around $320 million, indicating potential for a breakout rally.
Profit Targets: Analysts have identified crucial price levels of $0.00003296 and $0.00005589 as profit-taking targets, which traders are closely monitoring in the upcoming weeks.
Market Trends: SHIB has experienced a long consolidation phase since its peak in October 2021, with current market activity showing stability but lower volatility compared to previous highs.
Future Outlook: The cryptocurrency's trajectory may depend on maintaining support above $0.025 and could gain momentum from new exchange listings and global marketing efforts, while breaking above $0.045 could signal positive movement.

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Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.