The SHIB-DOGE brace has fallen to its lowest level since November 2021, continuing a downtrend from March 2024 highs.
Updated Sep 18, 2025, 2:41 p.m. Published Sep 18, 2025, 2:40 p.m.
Volatility successful shiba inu's (SHIB) dollar-denominated terms has plummeted, portion the token continues to suffer crushed against its peer, dogecoin DOGE$0.2876.
SHIB's 90-day realized volatility has dropped to an annualized 64%, the lowest since December 2023, according to information root TradingView. Realized volatility measures however overmuch an asset’s terms has really fluctuated implicit a circumstantial past period. In different words, it quantifies the terms swings that person already happened, giving a presumption of humanities terms turbulence.
Since May, the cryptocurrency has entered a narrowing terms range, characterized by converging trendlines that link little highs and higher lows. The absorption successful which the scope yet resolves volition apt acceptable the code for the adjacent large move.

SHIB's contracting triangle. (TradingView/CoinDesk)
In the past 24 hours, SHIB's dollar-denominated terms has gained implicit 2%. According to CoinDesk analytics, the token achieved a notable method breakthrough, reaching an intraday highest of $0.000013584 astatine 22:00 connected Sept. 17, underpinned by bonzer trading volumes of 2.08 trillion tokens.
Notably, captious absorption materialized astir the $0.000013584 threshold, wherever terms enactment reversed amid heightened volume, whilst robust enactment established itself adjacent $0.000012882, delineating a trading corridor of $0.000007020 oregon 5%.
Amid this, whale enactment intensified, with implicit 7 trillion tokens moved on-chain connected Saturday, including 512 cardinal SHIB transferred from Kraken to undisclosed addresses.
Key method insights
- Price Parameters: The token traded betwixt $0.000012882 enactment and $0.000013584 resistance, establishing a $0.000007020 trading scope representing 5% volatility.
- Volume Assessment: Exceptional measurement surge of 2.08 trillion tokens during the 18:00 hr substantially exceeded the 24-hour mean of 533.5 cardinal tokens.
- Support and Resistance Levels: Robust enactment materialised adjacent $0.000012882, portion cardinal absorption emerged astatine the $0.000013584 level, wherever the terms reversed amid elevated volume.
- Consolidation Framework: The last hours demonstrated choky consolidation betwixt $0.000013323 and $0.000013373, suggesting imaginable accumulation preceding the adjacent directional movement.
- Volume Characteristics: Heightened enactment during absorption tests with a 7.55 cardinal token surge astatine 11:40, followed by diminished measurement of 187 cardinal tokens successful the concluding minutes.
SHIB astatine grounds lows against DOGE
The Binance-listed SHIB-DOGE pair, which represents SHIB's terms comparative to DOGE, has dropped to 0.0000472, the lowest since the speech listed the brace successful November 2021.
The brace has precocious dived retired of a sideways pattern, marking a continuation of the prolonged downtrend from March 2024 highs. The outlook for SHIB comparative to DOGE volition stay bearish portion the downtrend remains intact.

SHIB/DOGE has deed a grounds low. (TradingView/CoinDesk)
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What to know:
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- Neither are "pure" spot ETFs arsenic determination is much to them than solely buying and holding the underlying asset.