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Shiba Inu price rises over 3% weekly, showing strong demand despite whale selling and supply burns.

Technical Signals
01 May 2026
CoinPedia
View Source
Bullish
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Shiba Inu (SHIB) price has gained around 3% over the past week, outperforming a generally weak crypto market. Despite a major whale selling 800 billion tokens, SHIB's price remains strong as buyers absorb the supply, signaling renewed demand. The token's supply is tightening due to ongoing burn activity, with over 41% of the initial supply removed. SHIB is forming a bullish ascending triangle pattern, with a key breakout level near $0.00000700 that could lead to a rise toward $0.00000900 if confirmed. This suggests SHIB may be entering a stronger upside phase as market structure improves and selling pressure fades.

More News (SHIB)

XRP scarcity hits 2024 high; 114B SHIB moved to cold wallet; Strategy CEO calls Bitcoin 'US of money' amid BTC sales.

XRP scarcity hits 2024 high; 114B SHIB moved to cold wallet; Strategy CEO calls Bitcoin 'US of money' amid BTC sales.

XRP's Binance Scarcity Index reached its highest level since 2024 as whales moved coins to non-custodial wallets, tightening supply and supporting price near $1.14. A BitGo whale transferred 114.9 billion Shiba Inu (SHIB) tokens to a new cold wallet,...

Market News
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XRP, Bitcoin, and Dogecoin show recovery attempts while Shiba Inu remains weak amid market selloffs.

XRP is attempting a strong recovery, testing key resistance at its 50-day moving average, with bullish momentum returning but still facing significant resistance. Shiba Inu remains weak, trading below major moving averages and struggling to break key...

Technical Signals
Neutral
19 hours ago
SHIB crypto sees 37% rise in exchange activity with net outflows signaling growing demand but needs confirmation.

SHIB crypto sees 37% rise in exchange activity with net outflows signaling growing demand but needs confirmation.

SHIB cryptocurrency experienced a 37% increase in activity on exchanges, with net outflows exceeding inflows by 62.8 billion tokens, suggesting a potential accumulation phase as investors withdraw tokens to hold. This shift indicates renewed demand a...

Market News
Bullish
1 day ago
Shiba Inu (SHIB) fails to break $0.000005 resistance, facing strong selling pressure and bearish trend.

Shiba Inu (SHIB) fails to break $0.000005 resistance, facing strong selling pressure and bearish trend.

Shiba Inu (SHIB) attempted to recover past the key resistance level of $0.000005 but was sharply rejected, reinforcing a prolonged bearish trend. Despite brief rebounds, SHIB remains below major moving averages, indicating weak buying momentum and co...

Technical Signals
Bearish
1 day ago
Shiba Inu's exchange activity spikes 37%, signaling strong buying interest and potential price breakout.

Shiba Inu's exchange activity spikes 37%, signaling strong buying interest and potential price breakout.

Shiba Inu (SHIB) has experienced a 37% surge in exchange netflow over the past 24 hours, indicating increased buying activity among traders. This spike coincides with a rebound in SHIB's price, now trading around $0.000004463, suggesting renewed inve...

Technical Signals
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2 days ago
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