- SHIB gained 4.03% while volume jumped 41.19% in a very strong exchange.
- Rakuten Wallet will add SHIB on April 15, opening yen transactions directly to Japanese users.
- Resistance at $0.0000060-$0.0000062 remains important, with support seen near $0.0000059.
The latest evolution of the Shiba Inu it slowly dropped below the carefully monitored ceiling, turning the daily hard climb into a new test of resistance. The token gained 4.03% in the last 24 hours while the entire crypto market rose 4.89%, the biggest move driven by Bitcoin.
That alignment reflected a move that occurred during a bullish market rather than an isolation. At the same time, exchange rate data pointed to a shorter delivery time. On-chain statistics as of April 7 showed an outflow of 228.46 billion SHIB from the capital markets.
Trading volume also increased by 41.19% to $139.15 million in the same 24-hour period. Fewer tokens on the exchange reduced the available pressure, while the strong volume indicating the move attracted active participation.
Broad Market Lift and New Listing Focus
The SHIB symbol it acted as a beta trading on the market’s prospects, a major move in the way that Bitcoin helped raise the market capitalization. This was important as the conference reflected the market sentiment and demand for tokens. The combination gave the movement more structure than an isolated eagle.
The second driver sat on the calendar. The Rakuten Group said it will integrate SHIB into its Rakuten Wallet managed on April 15, 2026. The move will introduce yen trading directly through Japan’s largest e-commerce and fintech group. It is also evident because Rakuten Wallet operates in accordance with the regulations of the Japan Financial Services Agency.
EVENING NEWS
Japan just moved quietly again… and SHIB is in it.
Rakuten Wallet confirmed that as of April 15, the local market is expanding to include Shiba Inu alongside major assets such as XRP and Dogecoin.
Japan is one of the most regulated crypto markets in the world. List… pic.twitter.com/Yuv401Nk2b
– Shibarium | SHIB.IO (@Shibizens) April 7, 2026
The series showed a significant role in nurturing and expanding the potential of the brand in the most promising market. The event also gave traders a set date to monitor. The next benchmark will be the official launch of the same and any trading activities that follow the Japanese market.
SHIB Price Action: Triangle Pattern Strengthens at Resistance
On the four-hour chart, SHIB was trading near $0.00000606 while the price of the token was within the triangle. This pattern was formed between the fall of the opposing brand and the rise of the support. In fact, the number of transactions decreases as buyers and sellers are forced to choose.
SHIB Price Chart 4 hours (Source: TradingView)
The indicator remained unchanged at the 0.382 Fibonacci retracement level at $0.00000599. That unit became a short-term control unit, as The value of SHIB he continued to answer there. Repeated failures near $0.0000061 to $0.0000062 indicate sellers are still protecting the upside.
Technically, the group remained a major obstacle to the current implementation. This subtype usually shows a non-reversible squeeze. The cost is not over yet, but it has not ended the resistance. For now, the chart still shows a market with a strong ceiling and rising support below.
Important Sections That Now Describe Implementation
In fact, the speed was not fully extended during the installation. The RSI stood near 56, indicating buyers are still limited and not fully convinced. That reading is consistent with the larger picture, where strength remains evident, but resistance guides the next phase.
On the upside, a break above $0.00000623 would shift focus to the next Fibonacci levels at $0.00000647 and $0.00000681. On the downside, the nearest support was around $0.0000059, with a strong band between $0.0000057 and $0.0000056. The low area corresponds to the uptrend and the 0.236 Fibonacci level.
Bitcoin’s ability to hold above $71,000 remained part of the long-term results. For now, however, the data shows a rally that is supported by volume, lower exchange rates, and a strong index support, but accompanied by near-term technical resistance.
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