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Shiba Inu's 42% on-chain activity rise isn't yet a bullish sign due to weak volume and resistance.

Technical Signals
13 Sep 2026
UToday
View Source
Neutral
Shiba Inu's 42% on-chain activity rise isn't yet a bullish sign due to weak volume and resistance.

Shiba Inu's on-chain activity has increased by 42%, suggesting more transactions, but this has not yet translated into a bullish price trend. The token's price has stalled below a key resistance level around $0.0000056–$0.0000057, and momentum indicators like RSI remain neutral. Additionally, trading volume has dropped since previous rallies, indicating weak buying pressure. For a clear bullish signal, SHIB needs to break above resistance with stronger volume and momentum confirming real demand.

More News (SHIB)

Shiba Inu's Shibarium L2 transactions hit a monthly low of 659, signaling reduced network activity.

Shiba Inu's Shibarium L2 transactions hit a monthly low of 659, signaling reduced network activity.

Shibarium, the layer-2 network for Shiba Inu, experienced a significant drop in daily transactions to 659, the lowest since September 20, 2026. This decline follows a peak of 5,710 transactions on October 6, indicating a slowdown in network usage des...

Protocol Fundamentals
Bearish
1 day ago
Shiba Inu spot trading hits $6.43M with SHIB price near $0.000005, futures volume surpasses spot at $18.17M

Shiba Inu spot trading hits $6.43M with SHIB price near $0.000005, futures volume surpasses spot at $18.17M

Shiba Inu (SHIB) spot trading volume reached $6.43 million over 24 hours, while futures trading volume was significantly higher at $18.17 million. The SHIB token traded near $0.000005, down 1.1% from the previous day, with open interest at $52.21 mil...

Market News
Neutral
1 day ago
Shiba Inu's exchange supply nears 86 trillion SHIB as bullish traders reduce sell pressure.

Shiba Inu's exchange supply nears 86 trillion SHIB as bullish traders reduce sell pressure.

Shiba Inu's exchange reserves have dropped slightly to about 87.06 trillion SHIB, indicating a reduction in tokens held on exchanges amid fading sell pressure. Negative netflow data shows more SHIB tokens are leaving exchanges than entering, suggesti...

Technical Signals
Bullish
1 day ago
Shiba Inu price down 94.2% from 5-year high; German tax rules on crypto holding periods impact investors.

Shiba Inu price down 94.2% from 5-year high; German tax rules on crypto holding periods impact investors.

Shiba Inu (SHIB) has dropped 94.2% from its all-time high reached on October 27, 2021, trading at $0.00000500 as of October 17, 2026. In Germany, the key issue for investors is the tax treatment based on a one-year holding period: gains or losses rea...

Market News
Neutral
1 day ago
Shiba Inu tests key $0.000005 support amid mixed signals and declining trading volume.

Shiba Inu tests key $0.000005 support amid mixed signals and declining trading volume.

Shiba Inu (SHIB) has been in a correction phase with its market cap falling below $3 billion and daily trading volume dropping 29% to around $2.03 billion. Despite a 53% rally earlier, SHIB has declined 19% recently and is currently testing the $0.00...

Technical Signals
Neutral
2 days ago
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