SHIB Price Prediction: How High Will It Go Amid Exchange Exodus?

#SHIB

• Technical Resistance: SHIB is trading below its key 20-day moving average with a negative MACD, indicating bearish near-term momentum that must be overcome for any significant rally.
• Supply Shock Potential: The removal of 8 trillion SHIB from exchanges reduces readily available sell-side liquidity, which could create upward price pressure if demand increases.
• Critical Price Zones: The immediate battle is between support at $0.00000784 (lower Bollinger Band) and resistance at $0.00000905 (upper Bollinger Band), with a break in either direction likely determining the next trend.

SHIB Price Prediction

Technical Analysis: SHIB Shows Signs of Consolidation Amid Bearish Pressure

According to BTCC financial analyst Mia, SHIB's current price of $0.00000825 sits below its 20-day moving average of $0.00000845, indicating short-term bearish momentum. The MACD histogram is negative at -0.00000007, with the signal line at zero, suggesting weakening bullish momentum. The price is trading NEAR the middle Bollinger Band, with the lower band at $0.00000784 acting as potential support. Mia notes that a sustained break below this level could trigger further declines toward $0.00000750.

Market Sentiment: Exchange Outflows Signal Accumulation Phase

BTCC financial analyst Mia interprets the news of 8 trillion SHIB leaving exchanges as a potentially bullish development for medium-term sentiment. Large-scale withdrawals from trading platforms typically reduce immediate selling pressure and suggest investors are moving tokens into long-term storage. However, Mia cautions that this technical factor must be viewed in context with the broader bearish chart structure. While accumulation is occurring, price recovery may require time as the market digests this supply shift.

Factors Influencing SHIB's Price

Shiba Inu Reserves Dwindle as 8 Trillion SHIB Exit Exchanges

In a striking market movement, Shiba Inu (SHIB) experienced a significant withdrawal of 8 trillion tokens from centralized exchanges within 24 hours. This substantial outflow suggests growing accumulation tendencies among holders, potentially signaling an impending price recovery.

The rapid depletion of exchange reserves often precedes bullish momentum, as reduced supply coupled with steady demand creates upward pressure. SHIB's recent on-chain activity mirrors patterns observed before previous rallies in the meme coin sector.

How High Will SHIB Price Go?

Based on current technicals and market developments, BTCC financial analyst Mia provides this outlook:

Short-term (1-4 weeks): SHIB faces resistance at the 20-day MA ($0.00000845). A break above could target the upper Bollinger Band near $0.00000905. However, the negative MACD suggests momentum is lacking. The immediate support is $0.00000784 (lower Bollinger Band). The exchange outflow news may provide a sentiment floor, but technicals dominate in the near term.

Medium-term (1-3 months): If the 8 trillion SHIB removed from exchanges represents sustained accumulation rather than temporary movement, it could establish a stronger base. A bullish scenario would see SHIB reclaiming the $0.00000950-$0.00001000 zone if broader crypto sentiment improves. The key factor is whether buying pressure materializes to absorb available supply.

Mia emphasizes that while the exchange outflow is a positive on-chain signal, SHIB's price trajectory will ultimately depend on whether this accumulation translates into sustained buying demand against the current technical headwinds.