Shiba Inu Buying Pressure Rockets Above 90 for 7 Straight Days: Is a Major Rally Incoming?
Shiba Inu (SHIB) is experiencing a surge in buying pressure, exceeding 90 for seven consecutive days, sparking speculation about a potential major rally. This sustained period of intense buying indicates significant investor interest and could signal further upward momentum for the memecoin.
The recent upswing comes amid a broader resurgence of interest in meme coins, with SHIB recording a sharp increase. On the weekly chart, the token has rallied, reflecting sustained buying pressure that's pushed its market cap to $16.80 billion.
What's Fueling the Shiba Inu Buying Frenzy?
Several factors contribute to this heightened buying activity:
- Increased Investor Appetite: Renewed investor interest in meme coins, particularly Shiba Inu, is driving demand.
- Whale Transactions and Circulation: As of 27 de sept. de 2025, Shiba Inu's price surged 32.50% in a week, driven by high circulation and significant whale transactions.
- Social Dominance: On-chain data reveals a spike in SHIB's social dominance, suggesting increased awareness and engagement within the crypto community.
- Fundamental Developments: Shiba Inu has shown mixed performance recently, but analysts remain bullish about the memecoin’s future due to ongoing fundamental developments within the Shiba Inu ecosystem. The SHIBArmy community (488K subscribers) is a testament to its strong decentralized and spontaneous community support.
Potential for a Pullback?
While sustained buying pressure often signals a bullish trend, some analysts suggest caution. As noted, while strong buying pressure is evident, it could hint at a possible short-term pullback for profit-taking. Order imbalance suggests a short-term buying opportunity before testing resistance zones. Shiba Inu shows bullish momentum but faces resistance and declining buying pressure.
Technical Analysis: Bullish Signals and Resistance Levels
Technical indicators offer mixed signals. The RSI’s recent crossover above its signal line is a positive sign. However, SHIB faces resistance, and declining buying pressure is something to monitor. SHIB seven-day price chart Source: [Insert Source Link Here - E.g., Coingecko or similar]
Conclusion: Is Now the Time to Buy Shiba Inu?
Shiba Inu's current buying pressure presents a compelling case for potential further gains. However, investors should exercise caution and conduct thorough research before investing, considering the inherent volatility of meme coins and potential for pullbacks. With Bitcoin's price influencing the market, keep a close eye on broader market trends. As always, do your own research (DYOR) before making any investment decisions.