Fed Cut And Trade Truce Set Stage For Rebound

  • SHIB stabilizes at $0.00000989, defending key Fibonacci base near $0.0000095.
  • Fed’s 25bps rate cut and Trump–Xi trade deal fail to ignite lasting crypto momentum.
  • On-chain data show easing outflows, hinting at seller fatigue and possible rebound.

Shiba Inu price today trades at $0.00000989, stabilizing after a volatile week marked by macro uncertainty and a failed breakout attempt. The meme token continues to test its lower Fibonacci zone, holding above the $0.00000950 area where buyers recently absorbed heavy selling pressure.

Fed Cut Fails To Ignite Crypto Momentum

The Federal Open Market Committee lowered U.S. interest rates by 25 basis points, a move widely expected by the market. The decision initially sparked optimism across digital assets, but the reaction quickly faded as investors had already priced in the policy shift. Fed Chair Jerome Powell’s comments suggested caution about future cuts, leaving traders uncertain about liquidity prospects for November.

Shiba Inu’s price action mirrored the broader crypto market, where enthusiasm cooled despite improved funding conditions. Cryptocurrencies tend to perform better when borrowing costs decline, but Powell’s reluctance to commit to further easing restrained bullish sentiment.

SHIB Price Action Signals Base Formation

SHIB Price Dynamics (Source: TradingView)

On the 4-hour chart, Shiba Inu price continues to respect the lower boundary of its symmetrical triangle structure. The token’s drop below $0.0000100 earlier this week triggered a sharp flush toward $0.0000095, aligning with the 0.236 Fibonacci retracement level. This zone, coinciding with previous accumulation areas, has held as reliable support.

The 20-EMA and 50-EMA remain closely stacked around $0.0000101–$0.0000102, suggesting a compressed setup where volatility could expand. A decisive close above this range may open a path toward $0.00001076 (Fib 0.5) and the $0.00001129 (Fib 0.618) retracement zone, both acting as next technical checkpoints.

On the downside, sustained failure to defend $0.00000950 could expose the $0.00000849 swing low. The Supertrend indicator continues to flash resistance near $0.00001025, confirming that buyers still need a breakout to confirm trend reversal.

Flows Indicate Selling Exhaustion

SHIB Netflows (Source: Coinglass)

On-chain data from Coinglass shows net outflows of roughly $107,000 on October 31, marking one of the lightest withdrawal days in the past two weeks. This follows a prolonged streak of negative flows throughout October, indicating sustained exchange-based distribution.

The reduced outflow magnitude hints at seller exhaustion, often preceding accumulation phases. Historically, such phases have aligned with SHIB price stabilization near lower retracement zones. If this pattern holds, a short-term rebound toward $0.0000107 is plausible once liquidity rotation returns to altcoins.

Trade Deal Offers Limited Relief

The recent U.S.–China trade agreement brought some relief to risk assets, though it stopped short of a decisive breakthrough. The deal’s 10% tariff reduction and pledges on agricultural imports provided a short-term lift to market morale. Yet, investors had expected deeper tariff cuts that might have eased inflationary pressure and strengthened the case for additional Fed easing.

This partial agreement leaves Shiba Inu price under pressure, as macro traders remain cautious about the broader liquidity outlook. If inflationary concerns persist, it could cap upside potential for speculative tokens like SHIB in the near term.

Outlook: Will Shiba Inu Go Up?

For now, Shiba Inu price prediction remains cautiously optimistic. The token is holding firm above the $0.00000950 base, where technical indicators show potential for a relief bounce. A clean break above $0.0000102 could shift sentiment and pave the way for a move toward $0.0000108–$0.0000113, where Fibonacci and EMA confluences intersect.

Failure to hold support would undermine the recovery setup and expose deeper losses toward $0.0000085. Traders will watch volume reaction near the triangle’s apex for confirmation of direction.

As macro conditions stabilize post-Fed, attention will return to risk flows and on-chain activity. If selling pressure continues to ease and Bitcoin steadies, Shiba Inu price could stage a meaningful rebound into early November.

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Source: https://coinedition.com/shiba-inu-price-prediction-fed-cut-and-trade-truce-set-stage-for-rebound/