2 hours ago
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Key Takeaways:
- SHIB price: $0.00000625, below 50MA, between 100MA and 50MA.
- RSI(14): 42.19 faster signal, 44.60 slower signal, both below midline.
- Exchange reserve: 81.8T – monthly high, rising as of May 2.
- Active addresses: 1,900 – near April baseline.
- Exchange netflow: +20.4B today – small positive, more arriving than leaving.
- Spot taker CVD: neutral gray throughout entire April and 90-day window.
- April price range: $0.00000575 low to $0.00000660 high.
The Supply That Arrived Without The Demand
SHIB’s exchange reserve stands at 81.8 trillion tokens, its highest level of April. The reserve bottomed at approximately 80.95 trillion on April 12-13, the same session that marked the month’s price low at $0.00000575. Since then, price has recovered to $0.00000625 and reserve has risen alongside it. At the price low, the least supply was available for sale. At the current price...
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