Shiba Inu slips below $0.00000500 as U.Today flags downtrend; TRX, ZEC near key levels

By Khal · · 2 min read

Editorial illustration: An orange Shiba Inu coin rests below a cracked stone ledge, with a red TRON coin on a central platform and a dark Zcash coin on a higher platform at right.
AI-generated editorial illustration · AI-generated editorial illustration · Published Nov 9, 2026, 12:23 a.m. (50 minutes ago)

In brief

  • SHIB traded near $0.00000447 and moved further into a downtrend, per U.Today.
  • Shibarium TVL fell to $41,000 in late October, per Shibarium data cited by U.Today.
  • TRX traded at $0.3207, below its 200-day moving average near $0.328.
  • ZEC traded sideways at $1,272; U.Today still called its longer-term trend bullish.

SHIB: thin liquidity, slow burns

U.Today's read on SHIB's daily chart is bearish. It put the 200-day moving average at roughly $0.00000545 and listed support at $0.00000440 and $0.00000410 (resistance sits at $0.00000500 to $0.00000530). RSI is moving toward oversold. The outlet said a break below $0.00000410 could push SHIB toward $0.00000400, though it also left room for a local bounce back toward $0.00000500 inside the longer-term downtrend.

"From a technical standpoint, SHIB has moved further into a downtrend."

The on-chain data doesn't add much support. Citing Shibarium data, U.Today said total value locked fell to $41,000 in late October. ShibBurn data showed 375 million SHIB burned over the prior 30 days, against almost 600 trillion tokens in circulation.

TRX: under the 200-day, stablecoin rails busy

TRX was trading at $0.3207, below a 200-day moving average U.Today put near $0.328. Price bounced from psychological support around $0.300, but RSI stayed under the neutral 50 level. U.Today listed support at $0.315 and $0.305 with resistance at $0.335, and said a break above $0.330 could open a move toward $0.345.

The outlet also pointed to network fundamentals. Drawing on TRON DAO's "Moving Trillions, Empowering Billions" research, it said TRON had processed $2.2 trillion in stablecoin settlement volume, with USDT and USDD supply at $93 billion and TVL above $13 billion. (Elsewhere it put that USDT and USDD supply at $93.88 billion at the end of September 2026.) Explorer data showed usage holding above 1.92 million USDT transfers, and a Staked TRX ETF launched in September, according to a Canary statement cited by U.Today.

ZEC: sideways, trend intact

ZEC was trading at $1,272 and moving sideways. U.Today said the longer-term trend is still bullish despite recent price weakness, placing the 50-day moving average at $1,220, the 100-day at $1,080 and resistance at $1,350. RSI sat near 50. It's a neutral reading, and the outlet said a break above $1,350 could open a path toward $1,450.

These levels and scenarios are U.Today's technical analysis, not LeoDex News's view, and they aren't investment advice.

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