Shiba Inu Price Shows Worrying Pattern – Bear Run Ahead?
The post Shiba Inu Price Shows Worrying Pattern – Bear Run Ahead? appeared on BitcoinEthereumNews.com. Shiba Inu (SHIB) has been one of the quieter major tokens in recent months. Over the past three months, the coin gained just 0.09%, essentially flatlining while other large-cap cryptos moved higher. At press time, the Shiba Inu price traded near $0.0000122, down 1.4% over the past 24 hours and nearly 7.2% lower on the year. The reason for this lack of movement lies in on-chain signals — and those now suggest the rangebound structure may finally break, but with sellers in control. Profit-Taking Patterns Explain the Rangebound Trade The Percent Supply in Profit for SHIB sits at 24.3%, roughly midway between its historical local highs and lows. Rallies often fade when this metric pushes toward 37%, while sustainable bottoms tend to appear closer to 19%. Sitting in the middle explains why the Shiba Inu price has been stuck in neutral (no net movement in three months) : enough holders are sitting on gains to trigger intermittent profit-taking, but not enough are in losses to fuel capitulation and new buying. SHIB Supply In Profit Explains The Rangebond Price: Glassnode That balance has kept SHIB pinned in a narrow band. For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. SHIB Price And Bearish Divergence: TradingView But the 4-hour chart now shows a bearish divergence, where the Shiba Inu price made a higher high while the RSI logged a lower high. Since RSI tracks momentum by comparing buying and selling pressure, this suggests that while buyers pushed the price higher, their strength was fading as profit-takers leaned in. In simple terms, rallies are running into heavier selling than before, a setup that often precedes downside breaks. Weak Withdrawals Underscore Waning Interest Typically, rising withdrawals from exchanges indicate that investors are…
The post Shiba Inu Price Shows Worrying Pattern – Bear Run Ahead? appeared on BitcoinEthereumNews.com.
Shiba Inu (SHIB) has been one of the quieter major tokens in recent months. Over the past three months, the coin gained just 0.09%, essentially flatlining while other large-cap cryptos moved higher. At press time, the Shiba Inu price traded near $0.0000122, down 1.4% over the past 24 hours and nearly 7.2% lower on the year. The reason for this lack of movement lies in on-chain signals — and those now suggest the rangebound structure may finally break, but with sellers in control. Profit-Taking Patterns Explain the Rangebound Trade The Percent Supply in Profit for SHIB sits at 24.3%, roughly midway between its historical local highs and lows. Rallies often fade when this metric pushes toward 37%, while sustainable bottoms tend to appear closer to 19%. Sitting in the middle explains why the Shiba Inu price has been stuck in neutral (no net movement in three months) : enough holders are sitting on gains to trigger intermittent profit-taking, but not enough are in losses to fuel capitulation and new buying. SHIB Supply In Profit Explains The Rangebond Price: Glassnode That balance has kept SHIB pinned in a narrow band. For token TA and market updates: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. SHIB Price And Bearish Divergence: TradingView But the 4-hour chart now shows a bearish divergence, where the Shiba Inu price made a higher high while the RSI logged a lower high. Since RSI tracks momentum by comparing buying and selling pressure, this suggests that while buyers pushed the price higher, their strength was fading as profit-takers leaned in. In simple terms, rallies are running into heavier selling than before, a setup that often precedes downside breaks. Weak Withdrawals Underscore Waning Interest Typically, rising withdrawals from exchanges indicate that investors are…
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