Altcoins News
By Evie Vavasseur
1 / 15
Short-Term Weakness Continues. At the time of writing, SHIB is trading around $0.00001247, marking a slight 0.
2 / 15
Network Activity Paints a Cautious Picture. Beyond price action, on-chain activity provides further evidence of cooling demand.
3 / 15
Positive Inflows Offer a Contrasting Signal. Despite these bearish developments, not all indicators point to weakness.
4 / 15
Top 100 Wallets Strengthen Their Positions. One of the strongest signs of accumulation comes from the top 100 SHIB wallets.
5 / 15
The Road Ahead: Bearish Risks vs. Long-Term Confidence. For now, the immediate outlook remains tilted toward the downside.
6 / 15
Conclusion. Shiba Inu’s price action is caught between short-term weakness and longer-term confidence.
7 / 15
The price of Shiba Inu (SHIB) has faced sustained selling pressure over the past month, slipping by more than 17%.
8 / 15
One of the most notable signals of weakness comes from the exponential moving averages (EMAs).
9 / 15
Currently, SHIB trades just below the $0.00001259 support, a level that has now flipped into resistance.
10 / 15
Beyond price action, on-chain activity provides further evidence of cooling demand. Daily active addresses for SHIB have steadily declined, now hovering near monthly lows at…
11 / 15
Historically, increases in active addresses have often preceded upward price moves. The sharp uptick between August 6 and 8 was followed by a price rally, underlining how closely…
12 / 15
Additionally, the Bull-Bear Power (BBP) indicator — which measures whether buyers or sellers hold more influence — shows rising selling pressure.
13 / 15
Despite these bearish developments, not all indicators point to weakness. The Chaikin Money Flow (CMF), which tracks capital inflows and outflows, remains above the zero line.
14 / 15
The CMF has also been forming higher lows, signaling that net inflows are increasing. This typically happens when large investors or “whales” accumulate during periods of price…
15 / 15
One of the strongest signs of accumulation comes from the top 100 SHIB wallets. According to blockchain data, these addresses have added nearly 21 trillion SHIB over the past 90…
The Currency Analytics
Want the full story?