Shiba Inu, one of the leading meme coins, has recorded stability and price recovery in the past five days. The SHIB price has increased by 11% since it dropped to a three-month low on Tuesday, March 11, 2025.
This recovery is taking place against the backdrop of a significant increase in the average holding time of SHIB traders, indicating growing confidence in the long-term potential of this meme coin.
Shiba Inu investors extend holding period
The time that Shiba Inu (SHIB) traders hold their coins before selling or transferring (Holding time of transacted coins) has increased significantly in the past week. According to IntoTheBlock, it has increased by 30% during this period.
SHIB Coins Holding Time. Source: IntoTheBlockThis metric tracks the average time investors hold their tokens before selling. Longer holding periods, as seen with SHIB, indicate stronger investor confidence as they are not rushing to sell.
This trend will reduce selling pressure on Shiba Inu, supporting price appreciation in the short term.
Notably, SHIB's daily chart Balance of Power (BoP) indicator remains in positive territory, reinforcing the bullish outlook. At the time of writing, this momentum indicator is at 0.04.
SHIB BoP. Source: TradingViewBoP measures the strength of buying pressure versus selling pressure in a market. When a asset's BoP is positive, it indicates buyers are in control. This trend suggests increasing SHIB accumulation and implies the potential for the meme coin to continue its upward trend.
Strong inflows signal potential to reach $0.000014
On the daily chart, SHIB's positive Chaikin Money Flow (CMF) indicator supports the bullish price outlook. At the time of writing, this momentum indicator is at 0.08 and trending upward.
This indicator measures the flow of money in and out of an asset. When its value is positive, buying pressure dominates. This means that more traders are accumulating the asset than selling it.
This signals strong demand for SHIB and suggests continued upward price momentum in the meme coin market. If buying pressure remains high, SHIB price could rise to $0.000014.
SHIB Price Analysis. Source: TradingViewConversely, if traders continue to take profits, SHIB may lose some of its recent gains, and its price could drop to $0.000010.
