Shiba Inu token reserves on exchanges have fallen to 83.8 trillion, creating tighter liquidity conditions in the market. Technical analysis suggests potential price growth opportunities.
Current Shiba Inu Reserves
Shiba Inu reserves on exchanges have reached 83.8 trillion tokens, the lowest level in over a year. According to CryptoQuant data, the current reserve total is valued at approximately $1.14 billion at today’s price of $0.00001358. The decline in tokens held on exchanges indicates reduced selling pressure from exchange-held tokens.
Golden Crossover and Its Implications
Technical analysis reveals a fresh golden crossover formation where the 20-day exponential moving average has crossed above the 50-day EMA at $0.00001358. This bullish signal matches the identical pattern that occurred in May 2025 around the $0.00001320 level. The May crossover preceded a 34% rally, suggesting the same potential for current market conditions.
Technical Support and Risks
SHIB is currently testing resistance near $0.00001421 with key supply zones identified at $0.00001468, $0.00001577, and $0.00001765. A break through these levels could lead to targets at $0.00001809 and $0.00001867, delivering potential gains of 33-38%. However, downside risks include breaks below $0.00001282, which could invalidate the bullish setup.
The combination of 12-month lows in Shiba Inu reserves and the formation of a golden crossover creates technical conditions that historically precede significant price movements. However, market sentiment and volume confirmation remain essential for sustained rallies.
