Shiba Inu Ecosystem Status Analysis
- Burn Rate Decline: The Shiba Inu community burned 1,040,871 SHIB in the last 24 hours, marking a 90.19% drop from previous days, indicating reduced short-term activity; however, long-term burns remain strong with 51,669,707 SHIB burned in the past week, reflecting ongoing community efforts.
- Wallet Growth: The total number of SHIB wallets reached 1,585,193, with 10,718 new holders added in a single day, marking the largest daily increase in 2026, suggesting that despite fluctuations in burn rates, participant interest in the project remains robust, enhancing long-term confidence.
- Price Stability: SHIB is currently trading at $0.000006182, with a 0.42% increase over the past 24 hours and a 2.29% rise over the week, while the broader crypto market has seen diminished volatility, indicating a stabilization of market sentiment.
- Community Engagement: Shiba Inu leader Shytoshi Kusama hosted a special session with the community focusing on spiritual and philosophical themes, lacking technical specifics; however, the anticipation for upcoming updates remains high, fueled by Kusama's cryptic hints, which further excite community participation.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for KSM
Technical Sentiment Analysis for Kusama (KSM). As of , Kusama (KSM) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for KSM stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, KSM is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Kusama (KSM) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.698 | 2.659 | 3.778 | 5.739 | 6.858 | 8.819 | 9.938 |
| Fibonacci | 2.659 | 3.836 | 4.562 | 5.739 | 6.916 | 7.642 | 8.819 |
About KSM
About the author
