Daily News 19

Tag: SHIB price

  • 463 Billion Shiba Inu in 24 Hours: Can Bulls Save SHIB Price?

    463 Billion Shiba Inu in 24 Hours: Can Bulls Save SHIB Price?

    Shiba Inu Exchange Outflows Surge as SHIB Tests Critical Support Zone

    Shiba Inu ($SHIB) is approaching a pivotal technical support area while exchange data reveals a significant shift in token distribution. Recent on-chain metrics show hundreds of billions of SHIB tokens exiting centralized exchanges, a development that typically reduces immediate sell-side pressure and could provide a supply-side tailwind for bulls.

    Exchange Netflow Turns Sharply Negative

    According to the latest exchange flow data, the measured period recorded approximately 461.4 billion $SHIB in outflows against 229.0 billion $SHIB in inflows. This produces a negative netflow of roughly 232.4 billion $SHIB, meaning substantially more tokens left tracked exchanges than entered them.

    Exchange reserves corroborate the outflow trend. Total reserves declined by 0.27% to approximately 86.97 trillion $SHIB, while the dollar value of those reserves fell 1.43% to $440.9 million. Notably, transfer counts increased only 0.87% to 4,429, suggesting the withdrawal imbalance stems from larger average transaction sizes rather than a surge in transaction volume.

    Persistent exchange outflows generally benefit price action by reducing immediately available sell-side liquidity. However, the signal alone does not guarantee a recovery. The seven-day moving average of mean exchange outflows has decreased by 37.5%, indicating withdrawal intensity is weakening relative to its recent baseline.

    Technical Picture: SHIB at a Decisive Support Cluster

    The price chart underscores why the coming sessions are critical. $SHIB has reversed from its September local high of $0.00000555 and is currently trading near $0.00000505. The correction also broke the rising trendline that underpinned the late-August recovery.

    Price has now landed on a significant support cluster:

    • A longer-term moving average sits near $0.00000496
    • An intermediate (orange) moving average rests around $0.00000504

    If bulls can defend the $0.00000495–$0.00000505 zone, a momentum rebuild toward $0.0000053 and ultimately the $0.0000055–$0.0000057 region becomes plausible.

    Momentum Indicators Flash Caution

    Short-term momentum currently favors sellers. The Relative Strength Index (RSI) has dropped to approximately 47.3, falling below its signal line near 54.2. This confirms buyers have lost their near-term advantage.

    Outlook: Outflows Help, but Price Confirmation Required

    The 461 billion $SHIB outflow is a constructive development, yet bulls still need price confirmation to validate a recovery. Should the current support cluster fail, $SHIB could quickly retreat toward the $0.0000047–$0.0000045 area despite the positive exchange flow data.

  • Shiba Inu Coin Drops 20%: Could September Trigger SHIB’s Next Rally?

    Shiba Inu Coin Drops 20%: Could September Trigger SHIB’s Next Rally?

    Shiba Inu (SHIB) has erased more than 20% of its late-August gains, but the pullback could create an accumulation opportunity if historical market patterns repeat.

    On a broader timeframe, the memecoin has been gradually recovering lost ground in the second half of 2026, as indicated by its rising channel in purple. However, attempts to hold above the key 200-day moving average (MA) at $0.0000069 have failed, reinforcing that a bullish breakout remains elusive.

    Still, the channel structure could remain intact if the broader cryptocurrency market extends its upward momentum.

    Source: $SHIB/USDT, TradingView

    Could September favor Shiba Inu again?

    Beneath the short-term uncertainty and gradual price action, several bullish signals are emerging for Shiba Inu.

    Cyclical patterns, particularly during the early stages of a bull market, have historically favored Shiba Inu and memecoins more broadly. In 2023, for example, SHIB consolidated at $0.00000678 before surging 70% to $0.000011 by mid-December. During the second leg of the 2024 rally, $SHIB rose 165% to nearly 0.00003.

    During those periods, the broader memecoin market gained 78% and 713%, respectively. So far, the broader memecoin index tracked by VanEck’s MarketVector has climbed 9% from its recent lows. If historical patterns hold and memecoin activity accelerates, $SHIB could follow the same trend.

    Source: MarketVector

    SHIB accumulation remains steady

    Spot-market demand for the memecoin has remained stable despite the broader sell-off in early 2026. This is reflected in the increase, followed by the recent stabilization, of SHIB supply held outside exchanges.

    The data suggests that $SHIB experienced significant accumulation during the crypto winter.

    Source: Santiment

    A similar ‘calm before a storm’ appeared before Shiba Inu’s explosive run from September to November 2024. However, $SHIB’s disinflation and token-burn program slowed considerably in late August and early September.

    Nearly 100M $SHIB tokens were incinerated in early August. Since then, the burn rate has fallen to 1.8M tokens, representing a 98% decline. This contrasts sharply with the 350% increase in $SHIB’s burn rate recorded during July.

    Source: Shiba burn tracker

    Key levels for a potential SHIB rally

    Overall, September could become a strong accumulation period if the market repeats the pattern seen before previous bull runs. However, the 98% decline in the burn rate needs to reverse to strengthen bullish sentiment heading into the fourth quarter.

    An extended rally could receive confirmation if $SHIB reclaims $0.000007. That level also corresponds with the 50-week moving average and has acted as a key barrier to rallies throughout 2026.

    • $SHIB has erased more than 20% of its August gains, but September could provide a springboard for a fourth-quarter rally if history repeats.
    • The $SHIB burn rate has fallen 98%, from 100M tokens to just 1.8M over the past 30 days.
  • 145 Billion SHIB Ready for Sale as Shiba Inu Netflow Turns Bearish

    145 Billion SHIB Ready for Sale as Shiba Inu Netflow Turns Bearish

    Shiba Inu Risks Falling Below the $0.000005 Price Level as Selling Pressure Builds

    Shiba Inu may be on track to lose the key $0.000005 price level as demand appears to weaken and exchange activity points to rising selling pressure.

    Recent data from crypto analytics platform CryptoQuant shows that Shiba Inu’s exchange activity is no longer signaling bullish momentum. The token’s exchange netflow has shifted, suggesting that more SHIB is moving onto exchanges than is being withdrawn.

    Shiba Inu Traders Begin Selling

    The data indicates that Shiba Inu traders may be selling part of their holdings to protect against potential losses after the recent price breakout helped them recover.

    According to the data, Shiba Inu’s exchange netflow had reached approximately 145,906,600,000 SHIB as of Saturday, August 29.

    Although this represents a bearish signal for the broader Shiba Inu ecosystem, it also shows that the volume of tokens transferred to exchanges for potential selling exceeds the volume moved out of exchanges by more than 145 billion SHIB.

    This suggests that momentum is fading, with traders showing less willingness to hold or accumulate additional tokens amid speculation that the coming month could be bearish.

    Shiba Inu Price Falls 4%

    As bearish momentum begins to affect the Shiba Inu ecosystem, SHIB has continued to post mixed price action in recent days.

    Shiba Inu has recently turned lower, increasing the risk of a move back below the key $0.000005 level. The token has recorded daily declines of approximately 3% in recent sessions.

  • Shiba-Inu News: Two reasons speak for Shib facilities

    Shiba-Inu News: Two reasons speak for Shib facilities



    • The oversupply von Shiba Inner remains a problem for the Shib course.
    • But daily token burning gives hope for long-term increase in value.

    Shiba Inu has been in a long sideways movement for over four months, which fluctuates between $ 0.0000137 and $ 0.0000125. Shib is currently being traded at $ 0.00001236 and thus lists a lean decline of 0.74 % , On the later Pressure in the direction of the most important support zones follows, since the sellers continue to try to be one step ahead of the buyers and therefore give the asset no chance of a quick decline.

    The current price movement draws a clear line of lower highs and lower lows, which indicates continuous control by the bears.

    This is supported by a technical analysis that shows that the Bollinger ligaments are around a SMA of the last 20 periodsconstructed are in close condition, which indicates that the market is waiting for a strong movement in the near future.

    The Shib course stays near the lower course channel, which indicates that the declining phase continues stark is . The 20-periodic sliding average (Hull Moving Average) is currently $ 0.00001278 and therefore above the current course, which indicates that the downward trend still stopped.

    The indicators for the strength or change rate are currently not indicating a final reversal. The relative strength index is currently 32.75 and has thus approached the oversized area , However, without delivering a purchase signal to the dealers.

    Shiba Inu

    The MACD is still in the negative area, and down crosses of the signal and MACD lines is not yet foreseeable. The histogram becomes smaller, which indicates that the downward trend could lose strength, although it is too early to confirm the reversal.

    2 points should be observed before an investment in Shib

    In addition to all the technical difficulties The biggest problem vonShiba Innerim Moment The abundance of the circulating offer. The presence of more than 547 trillion tokens on the market makes Shib a lack of scarcity, which would otherwise give the token a price increase.

    Since there is no significant reduction in this number, the probability of one steady growth des Tokens small amount. The monstrous offerwon If the price effect stands in the way, and as long as the burns are not aggressive and sustainable, the token could remain on the ground of the facts forever.

    In view of the offer uncertainties place die daily token burns vonShiba Innerhowever a gradual path to through that gradual disappearance of the circulating offer to achieve a recovery .

    While the short -term effect is low, regular burns can work due to the shortage of the offer to long -term pricing potential. However, this result depends on Condition of the marketthe extent of the Support by The community and the effectiveness of the Tokenomicswon ab.

    Caution is for Shib investor still offered

    In view of the declining mood and the oversold state should Shiba Inu investor act carefully. The situation would confirm a further downward movement if the price falls below $ 0.00001234.

    Shouldhowever The sales pressure decrease and recover the Shib course until the HMA would be a movement to higher courses at short notice.

    Shiba is still a coin for observation that not suitable for speculation as long as there is no clear turnaround. Owners who think about 2025 should keep an eye on the daily combustion metrics and new developments that could continue to promote the reduction of the offer or to live up for interest.