Shiba Inu (SHIB) is struggling to maintain its recent price rebound as its seven-day moving average of mean exchange outflows has fallen by about 42% to 48%. This decline suggests reduced momentum in holders moving SHIB to private wallets, which previously supported a bullish reversal. Despite mixed exchange inflow and outflow data, the overall net flow remains strongly negative, indicating cautious investor behavior. SHIB faces a critical resistance at $0.00000573, and a decisive move above this level could revive bullish momentum, while a drop below $0.0000049–$0.0000050 may lead to further price declines. The bullish reversal is not yet confirmed over but has lost significant strength.
Cryptocurrencies XRP, Zcash, Hyperliquid (HYPE), and Shiba Inu (SHIB) have declined from their late-September highs as of October 12, with prices approaching critical support levels. XRP dropped from about $1.66 to near $1.395, with support at $1.35 ...
Shiba Inu (SHIB) experienced a net outflow of about 27.3 billion coins from exchanges in the last 24 hours, indicating more holders are withdrawing rather than selling. The price is currently near $0.00000541, with key resistance at $0.00000560 and s...
Shiba Inu's recent exchange activity showed high selling pressure amid market volatility, but data from CryptoQuant reveals this pressure is easing. The netflow of SHIB tokens to exchanges has decreased from hundreds of billions to about 65 billion, ...
Shiba Inu (SHIB) experienced a significant trading volume of 1.34 billion SHIB within 24 hours, following a market-wide downturn that wiped out over $1 billion in leveraged positions. This surge in volume reflects a mix of forced selling and dip buyi...
Shiba Inu (SHIB) recorded zero tokens sent to burn addresses in the latest 24-hour period, valued at $0. However, token burns continued over longer periods, with 401 million SHIB burned in the past seven days and over 707 million in the past 30 days....
