Shiba Inu Exchange Inflows Surge as Market Braces for Volatility
- Surge in Inflows: Over the weekend, Shiba Inu (SHIB) saw more than 184 billion tokens enter exchanges, indicating that market participants are preparing for potential price volatility, which could lead to significant short-term price swings.
- Shifting Market Dynamics: The rise in exchange reserves, along with climbing inflows and the seven-day moving average, suggests increasing sell-side pressure, even though widespread liquidations have not yet occurred, indicating that market liquidity is strengthening.
- Increased Activity from Large Holders: The uptick in large transaction volumes indicates that high-value investors and institutional players are repositioning themselves, signaling that the market may soon experience volatility, which could amplify price reactions.
- Liquidity Build-Up Signals: The combination of stable price action and rising inflows creates a notable divergence that often precedes decisive market moves, with the current phase reflecting supply absorption that may trigger price changes in the near future.
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Technical Analysis for SHIB
Technical Sentiment Analysis for Shiba Inu (SHIB). As of , Shiba Inu (SHIB) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 3 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SHIB 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, SHIB 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 $-.
Shiba Inu (SHIB) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00000537 | 0.00000569 | 0.00000594 | 0.00000626 | 0.00000651 | 0.00000683 | 0.00000708 |
| Fibonacci | 0.00000569 | 0.0000059 | 0.00000604 | 0.00000626 | 0.00000647 | 0.00000661 | 0.00000683 |
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