The decrease in exchange inflows suggests a potential cooling of sell-side pressure, which is a positive sign for shib. however, the asset is still trading below key emas and lacks significant volume, indicating that buyers are not yet fully committed. this suggests a moderate impact as the trend is not definitively reversed.
The article describes shib as being in a 'transition phase' rather than a confirmed reversal. while selling pressure is easing and an ascending channel is forming, the price is still facing resistance from major emas. the next move depends on whether it can break resistance, leading to potential upside, or fail and pull back, indicating a neutral short-term outlook.
The analysis focuses on immediate on-chain data and recent price action, discussing an 'extended downtrend' and potential short-term movements around the 100 ema and ascending channel. this suggests the analysis is primarily concerned with the near-term future.
Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Donwside driver disappears That's where things get tricky. Advertisement Shiba Inu is starting to show the first signs of stabilization after an extended downtrend , and the latest on-chain data backs that up. Exchange inflows (MA7) dropping by roughly 47% is not a small shift, it directly points to a cooling of sell-side pressure . Donwside driver disappears Fewer tokens moving onto exchanges typically means fewer participants are preparing to dump, which removes one of the main drivers behind persistent downside. SHIB/USDT Chart by TradingView At the same time, total exchange inflow is only marginally up, while outflows are slightly stronger. Net flow remains negative, indicating that more SHIB is leaving exchanges than entering. That's a subtle but important change in structure. It suggests that, at least in the short term, holders are stepping away from distribution and leaning more toward holding or repositioning. HOT Stories Bitcoiners Agree Satoshi’s Coins Must Remain Untouched Ripple’s Schwartz Shuts Down Gag Order Rumors On the chart, this lines up with what price is doing. SHIB has been forming a tight ascending channel, gradually printing higher lows since the February bottom. The asset is slowly pushing upward toward the 100 EMA, which has acted as a consistent ceiling throughout the broader downtrend. Advertisement That's where things get tricky. Even with reduced selling pressure, SHIB is still trading below major trend-defining levels . The 50 and 100 EMAs are still overhead, and the 200 EMA is far above, reinforcing that the macro structure hasn't flipped. You Might Also Like Fri, 05/01/2026 - 16:24 Are SHIB Whales Afraid of a 'Ryoshi Dump'? Billions of Shiba Inu Coins Sent to Binance, Again By Gamza Khanzadaev The drop in inflows lowers immediate downside risk, but it doesn't automatically translate into upside momentum. For a real breakout, SHIB needs demand expansion, not just reduced selling. So far, volume remains relatively muted, which suggests buyers are cautious rather than committed. Advertisement What to anticipate next is a test of resistance near the upper boundary of the ascending channel and the 100 EMA. If SHIB manages to break and hold above that zone, the move could extend toward the next resistance cluster around the 200 EMA. If it fails there, the likely outcome is more sideways compression or a pullback toward the lower trendline. Bottom line: selling pressure is easing, but buyers haven't taken control yet. This is a transition phase, not a confirmed reversal. #Shiba Inu #Shiba Inu (SHIB) Price Prediction