SHIB price plummets: Has the worst yet to come?
Declining savings, rising inflation, and bearish charts all point to one issue: SHIB's problems may have only just begun.
Shiba Inu price is gradually declining on the daily chart , and the latest US economic data only exacerbates this bearish sentiment. According to the August Bureau of Economic Analysis data, income grew by only 0.4%, while personal consumption outpaced income growth at a rate of 0.6%. The savings rate dropped to 4.6%. Simply put, Americans are spending more than they earn, relying on a shrinking savings buffer. Risk assets like SHIB perform well when consumers and retail investors have excess liquidity, but this report suggests the opposite: funds are tightening, and speculative capital flows are drying up.
Shiba Inu Price Prediction: Why Is SHIB Price Under Pressure Today?
The latest macro updates reinforce the headwinds that have already hit SHIB price. Increased consumer spending and higher PCE inflation (0.3% in August) indicate that the Federal Reserve will not turn dovish anytime soon. This means higher borrowing costs will persist, directly impacting retail-driven tokens like Shiba Inu. Historically, Shiba Inu price has soared when meme coin demand coincided with periods of loose liquidity. The current environment is the exact opposite: tightening liquidity, reduced savings, and cautious risk sentiment.
Shiba Inu Price Prediction: Daily Chart Analysis

The daily SHIB/USDT chart paints a grim picture:
- Trend Direction: Since mid-September, the token has been in a descending channel, trading below the 20-day moving average and the middle line of the Bollinger Bands.
- Support Levels: Immediate support is at 0.00001140 (S1 pivot) and deeper at 0.00001100. If these levels are breached, Fibonacci S2 at 0.00001080 and the 0.786 retracement near 0.00001020 will come into play.
- Resistance Levels: The first barrier is at 0.00001230, where the 20-day SMA and upper Bollinger midline converge. Only a breakout above 0.00001300 would indicate buyers are regaining control.
- Momentum: Red candles dominate, with shorter upper wicks, showing sellers are in control but signs of exhaustion are appearing. The Bollinger Bands are expanding, pointing to increased downside volatility.
Macro and Meme: Why Is This SHIB Price Drop More Significant?
The August report shows that real disposable income barely grew, at just 0.1%, while real PCE grew by 0.4%. The year-over-year inflation rate is 2.7%, keeping the Federal Reserve cautious. For SHIB, which relies on retail enthusiasm and liquidity inflows, this backdrop means less discretionary cash to chase speculative trades. When retail wallets tighten, meme tokens are often the first domino to fall, and the current data highlights exactly this scenario.
Shiba Inu Price Prediction: What’s Next for SHIB Price?
- Bearish Scenario: If 0.00001100 is broken, SHIB could fall toward 0.00000950, a level not seen since early summer. This aligns with the pivot S3 support and would represent a 20% drop from current prices.
- Neutral Scenario: If buyers hold the 0.00001140–0.00001100 range, SHIB may consolidate sideways before any rebound. Any bounce here would be corrective, not a trend reversal.
- Bullish Scenario: Only a decisive reclaim of 0.00001300 with volume support would change the momentum. Without macro support, this is currently a low-probability scenario.
Conclusion
The plunge in $SHIB is not just a technical story—it is being reinforced by macroeconomic realities. As personal savings decline and consumer spending outpaces income, retail speculation is weakening. SHIB price is already at key support levels, and unless conditions change, the path of least resistance is downward. Traders should be prepared for deeper downside unless the token proves otherwise by breaking above the 0.00001300 level.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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