Shiba Inu (Shib) prices have returned to the competition after earning a 15% profit each week.
With fresh bullish crossovers on the daily chart, there is a replacement reserve to go lower each year, and Shiv’s current setup closely reflects the conditions ahead of the last major breakout.
Shiba Inu Exchange Reserves reached 12 months low
Shiba Inu’s on-chain exchange reserves have dropped to 83,803,217,156,857 tokens. According to Cryptoquant, there is a lowest point in more than a year. Based on the current SHIB price of $0.00001358, the total amount of Siv tokens (83.8 trillion tokens) currently held on the exchange is approximately $1.14 billion.
This marks a significant decline due to the over 150 trillion cuts held on the exchange in 2024, suggesting that sales pressure has dried up.
A low exchange supply means that SHIB is currently trading at $0.00001358, which is particularly likely to increase the price and increase the chances of price expansion.
Golden Crossover flashes “again”
A fresh bullish crossover just happened on the Shiba Inu chart. The 20-day EMA (exponential moving average) exceeds the 50-day EMA. A signal known as a “golden crossover.”
This exact pattern was made around the $0.00001320 mark in May 2025. At the time, Shiv jumped nearly 34%, reaching a high of $0.00001765. Interestingly, the current crossovers have emerged at roughly the same level. 0.00001358 dollars, repeating the possibilities of history.
Golden crossovers are bullish technical indicators that suggest momentum is changing in favor of buyers. When a short-term EMA moves above a long-term EMA, it is likely that uptrends will begin in many cases.
If resistance breaks, shib price action refers to a 38% rally
The Shiba Inu (SHIB) price is currently close to a mild resistance level of nearly $0.00001421, but it was not touched a while ago. Beyond that, this chart shows key supply zones of $0.00001468, $0.00001577, and $0.00001765.
Once the Bulls regained these levels, the roads opened to $0.00001809 and $0.00001867 (low resistance zone), with a surge of 33% to 38% from current levels, similar to the May experience.
On the downside, immediate support is $0.00001320. It’s in the same price range where the Golden Crossover flashed, followed by a strong floor of $0.00001150.
However, if Shiba Inu’s price falls below the $0.00001282 support and then below the main support levels of $0.00001189 and $0.00001150, the bullish direction is invalidated. These levels can open the door for deeper corrections.
Disclaimer
In line with Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. Although Beincrypto is committed to accurate and unbiased reporting, market conditions are subject to change without notice. Always carry out your research and consult with an expert before making any financial decisions. Please note that our terms and conditions, privacy policy and disclaimer have been updated.
