Shiba Inu (SHIB) is showing signs of recovery as spot buying activity increases by over 128%, indicating renewed buyer interest after weeks of selling pressure. This rise in spot flow suggests actual capital entering the market, reflecting a shift from panic selling to accumulation. Despite still trading below key moving averages and remaining in a long-term downtrend, SHIB has stabilized above recent lows and is defending support levels. The critical resistance zone to watch is $0.00000450-$0.00000480, where a breakout could confirm a trend reversal, though overall trading volume remains muted, requiring more participation for sustained gains.
Shiba Inu trades at $0.00000446, close to its 12-month low and 68.8% below its yearly high, reflecting a 65.5% decline over the past year. The price remains below key moving averages, signaling an ongoing downtrend, while trading volume is below aver...
Shiba Inu's open interest rose 13.4% to $52.79 million, with a 4.03% price uptick on August 14, indicating short-term bullish momentum. However, technical analysis shows the price hit a strong resistance zone and momentum indicators favor bears, sugg...
Shibarium, the layer-two network of Shiba Inu, has seen its decentralized exchange (DEX) volume drop sharply by 97.46% over the past week, falling to just $1.81. This decline reflects the broader bearish trend in Shiba Inu's price and cautious invest...
Shiba Inu saw a net exchange outflow of about 1.2 billion tokens in 24 hours, but this amount is too small relative to its massive total supply of nearly 1 quadrillion tokens to impact the price meaningfully. Exchange reserves remain high at 87.33 tr...
Bitway surged 13.6% to $0.3030, driven by anticipation of its upcoming network upgrade, boosting its market cap to $819.18 million. Meanwhile, Uniswap dropped 6.9% to $3.22, likely due to regulatory pressures in the DeFi sector. Other altcoins like I...
