SHIBA INU.🔥 priceShib

SHIB fell 2.9% to $0.057517 as it held above short-term support at $0.057425. Price remained within the range of the support of $0.057425 and resistance of $0.058011. RSI of approximately 43.91 and flat MACD indicators were indicative of further short term consolidation. Shiba Inu was trading lower in the last session with the seller pressure continuing to dominate the wider meme coin sector. The token traded at $0.057517 which is a 2.9 percent fall in day. This action came after another phase of restricted volatility, in which the price action was compelled to remain within a tight intraday range. Subsequently, SHIB was still moving around established technical levels as opposed to trying to make a directional breakout. Meanwhile, SHIB performed randomly in comparison with major trading pairs. The token dropped by 3.7 percent versus Bitcoin and had a slight increase by 0.6 percent versus Ethereum. These relative moves were associated with changing short-run positioning and not capital rotation. It is against this backdrop that the market participants were keen on support behavior and momentum readings. SHIB Price Holds Near Key Support Zone Notably, SHIB maintained price action above its immediate support at $0.057425. The market repeatedly tested this level but avoided a decisive breakdown. This behavior highlighted near-term demand defending the lower boundary of the recent trading range. Meanwhile, the 24-hour high at $0.058011 capped upside attempts, reinforcing resistance pressure. However, repeated rejections near resistance limited upward follow-through. Price action stayed compressed between support and resistance, creating a short-term equilibrium. This structure reflected indecision rather than aggressive accumulation or distribution. As the range narrowed, volatility conditions remained subdued. Momentum Indicators Reflect Short-Term Balance Momentum indicators were in agreement with the horizontal price formation. Relative Strength Index was almost 43.91, which was below the midpoint and not at the oversold area. This position indicated a small amount of directional conviction on the part of either the buyers or the sellers. Meanwhile, the moving average line followed close to 37.51 akin to a neutral momentum bias. Source: TradingView At the same time, the MACD histogram was shown as close to 7.11M, and signals were -40.81M and -47.92M. These readings reflected superficial changes in momentum as opposed to growing strength in trends. This meant that momentum indicators supported consolidation and not acceleration of the trend Market Cap Stability Shapes Short-Term Outlook SHIB’s market capitalization held near $4.43 billion, unchanged despite intraday volatility. This stability reflected capital movement during the session. However, volume patterns suggested traders favored short-term positioning over directional exposure. As momentum and price structure aligned, SHIB remained range-bound. For now, the market continued monitoring support resilience and resistance reactions. Short-term trends depended on how price behaves near these established technical levels. Tags: cryptocurrency SHIB Shiba Inu

Shiba Inu ( $SHIB ) shows early signs of a rebound as it forms a potential double bottom. Over the past two weeks, the price has repeatedly bounced off a key support zone, indicating waning downside momentum and a possible shift toward upward movement. SHIB’s price has tested and held the $0.0000072–$0.00000797 support zone twice, forming a classic double bottom. This technical pattern suggests selling pressure is waning, and buyers may be gaining control, historically signaling a potential upward rebound and fueling trader optimism. On-chain data points to growing accumulation. Despite trading near local lows, wallets are steadily withdrawing SHIB from exchanges, signaling confidence from long-term holders. Combined with the emerging double bottom pattern, this suggests a cautiously optimistic outlook for SHIB in the near term. Shiba Inu Sees Massive Exchange Withdrawal as 100 Billion SHIB Tokens Exit in 24 Hours Leading crypto trackers report nearly 100 billion SHIB tokens exited exchanges within 24 hours, one of the largest single-day outflows in recent months. Such massive withdrawals suggest holders are shifting assets to private wallets or cold storage, signaling a strong long-term holding sentiment. Well, Shiba Inu’s recent record outflows reveal a key dynamic: on-chain activity isn’t always reflected in market prices. While SHIB lingers near local support, massive withdrawals suggest growing investor conviction, pointing to a strategic accumulation phase as holders prepare for potential price gains and upcoming ecosystem developments. Meanwhile, after months of bearish pressure and heavy whale and institutional selling, Shiba Inu is depicting early signs of a potential rebound. Technical patterns are there that suggest a possible rally, signaling renewed opportunities for traders and long-term investors.

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Exchange Reserves: Shiba Inu supply on exchanges fell 21 percent, reducing selling pressure. Whale Activity: Top holders accumulated over 96 billion SHIB, signaling strong buying interest. Price Outlook: SHIB remains in a bear market but accumulation may support a potential rebound. Shiba Inu has been struggled this year, dropping more than 70 percent from its year-to-date high. While blue-chip tokens like Bitcoin and Solana have outperformed, recent data suggests the meme coin may be drawing renewed interest. Exchange reserves are falling, and whales are returning, quietly accumulating large amounts. These developments signal growing confidence among some investors. Traders now watch whether these factors can spark a meaningful rebound in SHIB price. 😼🐳 Shiba Inu has seen the highest amount of whale transfers since June 6th today, happening in tandem with a +1.06T net change to the amount of $SHIB on exchanges. The #24 market cap in crypto is likely to see high volatility in the coming days. pic.twitter.com/64slL6tGVw— Santiment (@santimentfeed) December 9, 2025 Exchange Reserves Plunge as Investors Move Coins Shiba Inu’s fundamentals have improved in recent weeks. According to Nansen, exchange supplies have fallen by 21 percent over the last 30 days. This decline shows that holders are keeping coins off exchanges and moving them into private wallets. Currently, 288 trillion SHIB remain in exchanges, down from this month’s high of 366 trillion. Reduced supply on exchanges typically decreases selling pressure and supports potential price stability. At the same time, whales have returned to the market. Top holders have accumulated over 96 billion SHIB, a remarkable increase from December lows of 1.36 billion. This represents a growth of nearly 7,000 percent in just a few days. The top 100 addresses also boosted holdings by 10.3 percent over the last 30 days. These patterns indicate strong buying interest among large investors, signaling confidence in SHIB at current levels. Investors moving coins into self-custody while whales accumulate are seen as bullish signs. Buying the dip has historically been a strategy to position for potential gains during a rebound. However, the broader market remains cautious, and these moves do not guarantee an immediate price turnaround. Technical Outlook and Potential Risks Technically, Shiba Inu remains in a bear market. Price action shows a descending channel, connecting high points from May, July, and September. SHIB trades below both the 50-day and 100-day exponential moving averages, as well as the Supertrend indicator. The descending trendline confirms that downward momentum continues. Price sits slightly above the lower side of the channel, indicating short-term support. A break above the upper trendline could trigger further gains, potentially reaching $0.000012. Conversely, a move below current support would signal that bears remain in control and could push prices lower. Other factors may affect the rebound potential. The meme coin sector has lost favor this year, with competitors like Dogecoin underperforming. Macro conditions, including the upcoming Bank of Japan interest rate hike, may also keep broader markets under pressure. Despite the technical challenges, the combination of falling exchange reserves and whale accumulation highlights that some investors see value at current levels. These actions could create a foundation for a potential rebound if broader sentiment improves. Traders and analysts will continue monitoring supply flows, whale activity, and technical levels to gauge whether Shiba Inu can regain momentum in the weeks ahead. Tags: Crypto market cryptocurrency Shiba Inu (SHIB) Solana