Jan 12, 2026
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Shiba Inu Price Nears $0.00000870 Amid Potential Trend Reversal Setup
The 23-day simple moving average (SMA) is nearing a crossover above the 50-day SMA for SHIB, suggesting potential trend reversals. SHIB is currently trading around $0.00000870 and has stabilized above the $0.00000810 level.
- Whales are controlling SHIB’s exchange liquidity, with a net outflow of 80 trillion SHIB since December 5.
- Exchange balances have decreased from 370.3 trillion to 290.3 trillion SHIB, indicating holders prefer retaining their coins.
SHIB Price Analysis
SHIB is approaching the lower boundary of a descending channel, with momentum indicators flattening. The support at $0.00000810 remains intact, but a break below could lead to a pullback toward $0.00000660.
- A break above $0.00000900 could propel SHIB towards the 200-day EMA at $0.00001054, an increase of approximately 22%.
Note: Details on other meme coin presales and offers have been omitted for relevance.