SHIBA Inu (SHIB) came back in the competition after a weekly profit by 15 %.
Through the intersection of a new rise on the daily chart and the exchange of reserves that decrease to the lowest annual level, the current SHIB preparation reflects closely the conditions that preceded the last large outbreak.
Shiba Inu Exchange reserves have been contained for 12 months
SHIBA Inu reserves for exchange on the chain fell to 83,803,217,156,857 symbols; The lowest point for more than a year, according to Cryptoquant. Based on the current SHIB price of $ 0.00001358, the total value of SHIB symbols is currently on stock exchanges (83.8 trillion symbols) about $ 1.14 billion.
This represents a significant decrease of 150 trillion plades in the stock exchanges in 2024, indicating that the pressure pressure has dried up.
Less number of liquidity stock exchanges means more strict and higher possibility to expand prices, especially related to SHIB is currently trading at 0.00001358 dollars.
The gold intersection “again”
A new rise intersection occurred on the Chaiba Eno chart. EMA has crossed for 20 days (Si -moving average) over EMA for 50 days; A sign known as “Golden Intersection”.
This precise pattern was operated in May 2025, directly about the 0.00001320 brand. At that time, gray hair jumped approximately 34 %, and reached an increase of $ 0.00001765. Interestingly, the current intersection appeared at an identical level almost; $ 0.00001358, raising the prospects for the date that repeats itself.
Golden Crossover is a budget technical indicator that indicates that the momentum turns in favor of buyers. When EMA moves in the short term over EMA in the long run, this means that the upward trend has often started.
SHIB price procedures indicate a crowd 38 % if the resistance is broken
SHIBA Inu (SHIB) currently presses a simple resistance level near $ 0.00001421, which failed to touch it for a while. Moreover, the scheme offers key supply areas at 0.00001468 dollars, 0.00001577 dollars, and 0.00001765 dollars.
If the bulls regain these levels, the road opens about 0.00001809 dollars and 0.00001867 dollars (low resistance areas), which is a possible increase of 33 % – 38 % of the current levels, similar to those witnessed in May.
On the negative side, immediate support sits at $ 0.00001320. It is the same price as a golden cross, followed by a stronger floor at $ 0.00,001150.
However, if the SHIBANU price decreases to below subsidies 0.00001282 dollars, then the main support levels of 0.00001189 and 0.00001150 dollars, the bullish direction will be nullified. These levels can open the doors to correct deeper.
Disintegration
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2025-07-16 09:30:00
