SHIB Price Archives - Times Tabloid

Shiba Inu (SHIB) Dip Analysis Suggests Something Is Coming

Solomon Odunayo — Sat, 11 Apr 2026 16:31:48 +0000

Shiba Inu has been stuck in a range for some time, and the question on everyone’s mind is which direction it breaks from here. According to an analysis from crypto analyst Whale Scan, the current zone is worth paying attention to.

The volatile price swings from earlier have calmed down considerably, replaced by tight candlesticks that suggest the market is quietly building pressure. Short-term sentiment leans bearish, but that does not tell the whole story.

Accumulation zones tend to attract smart money, and according to Whale Scan, dip buyers are already positioning themselves here in anticipation of the next significant move.

The $0.00000564 to $0.00000550 band has emerged as meaningful support, and SHIB has stayed above it. The $0.0000060 resistance level has been a ceiling for now, but holding support keeps a retest of that level on the table.

What the Indicators Are Saying

The RSI is currently sitting right in the middle of neutral territory. There is no extreme reading in either direction. This implies that the market has not committed to a move yet. The daily MACD has flattened out significantly, reflecting a near-complete stall in momentum, though the histogram is printing short green bars that lean slightly bullish.

Volume has also pulled back, which tends to happen when markets consolidate. CoinMarketCap recorded a notable increase in 24-hour trading volume. This figure currently stands at $126.6 million, but that number is still well below what was seen in prior periods of activity.

On-Chain Activity Tells a Different Story

What makes the current setup more interesting is what is happening beneath the surface. CryptoQuant data shows that exchange outflows climbed 40.5% in 24 hours, with 321 billion SHIB tokens, roughly $1.9 million, moving off trading platforms into self-custody wallets. People are not selling.

They are pulling coins off exchanges and holding them. The burn rate jumped 156% in the same window, removing over 4.1 million tokens from circulation permanently. Shibarium upgrades continuing in the background have also kept sentiment within the broader ecosystem fairly constructive.

Levels That Will Define the Next Move

The setup has a reasonably clear trigger. A break above $0.0000060 backed by strong volume is what analysts point to as the signal that the accumulation phase has ended and a real move is underway.

That opens the door toward $0.00000650 and $0.00000720, gains of 9.15% and 20.9% from the current price of $0.000005955. The risk scenario is a close below $0.00000550, which would undermine the bullish reading entirely and expose SHIB to further downside.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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Next Shiba Inu (SHIB) Price Breakout Could Be Massive. Here’s why

Solomon Odunayo — Fri, 10 Apr 2026 13:31:13 +0000

Something is quietly building in the SHIB market. Exchange data from CryptoQuant recorded a negative netflow of 7.89 billion tokens this week, meaning holders have been moving their SHIB off trading platforms and into private wallets.

That kind of behavior typically reflects confidence among existing holders. It reduces the amount of supply available for immediate sale.

The Range That Has Defined Recent SHIB Price Action

Since mid-March, Shiba Inu (SHIB) has been trending between two price levels without much resolution. The floor has held around $0.0000057, and every time the token approaches $0.0000060, it runs into enough resistance to push it back down.

That ceiling got tested again this week when SHIB climbed to $0.00000618 on Tuesday, partly on the back of positive sentiment around US-Iran diplomatic progress. It was rejected there, just as it was on April 1 when it reached $0.00000613.

Each failed attempt at the top of this range has come in slightly below the previous one, forming a pattern of lower highs that technically keeps SHIB in bearish territory. However, the range is visibly contracting. Historically, that kind of tightening tends to precede a significant price move.

The Numbers Behind a Potential Rally

If buyers do eventually push SHIB through $0.0000060 with enough force, the 100-day simple moving average at $0.00000669 becomes the next test. That moving average has acted as overhead resistance, and a close above it would shift the short-term picture considerably.

Further up, $0.00000725 carries more weight than any other level on the chart right now. That was the peak from February 14, and reclaiming it would signal the end of the current sequence of lower highs, effectively breaking the bearish structure that has been in place. Getting there from the current price of $0.00000587 would mean a gain of around 23.5%.

A stronger, broader market could push things further. $0.0000090 is the next level of note after that, and the yearly high of $0.0000109 sits beyond it, representing potential upside of 53% and 85.6% from current prices.

No Confirmation Yet, But the Setup Is There

None of these means a breakout is guaranteed. The range has contained price action for nearly a month now, and there is no technical confirmation that this time will be different.

What has changed is the context around it. Selling pressure is lower, the range is tighter, and the levels above are well defined. If conditions in the broader crypto market improve, SHIB may finally have enough behind it to break the pattern.

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Analyst Says Shiba Inu (SHIB) Could Surge 40x in April Based on this Pattern

Solomon Odunayo — Sun, 05 Apr 2026 14:02:40 +0000

A multi-year structure is now forming on the Shiba Inu weekly chart, and the latest analysis from XRP Captain (@UniverseTwenty) places the token at a critical point within that structure.

His chart shows SHIB trading inside a large descending triangle that began after the 2021 peak. The pattern shows a clear series of lower highs pressing down on a strong horizontal support zone that the asset has respected multiple times over the past few years.

SHIB has now returned to that support area again. It opened in April at around $0.0000060 and recorded a small gain early in the month. The reaction from this level is important because each time SHIB touches this zone, buyers step in and push its price higher. The most recent movement shows SHIB starting to move up from support once again.

This move places the token near the end of the triangle structure, where price compression is strongest and where breakouts typically occur. According to XRP Captain, a breakout from here could send SHIB up by 40x before the end of this month.

Breakout Level and Price Expansion

The descending resistance line is now the most important level on the chart. SHIB has attempted to break above this line several times over the past few years but has not succeeded. Each rejection created another lower high, which completed the triangle structure. Now its price is approaching that resistance again, preparing for a massive rebound.

When an asset reaches the end of a descending triangle, the breakout move is often strong because the price has been compressing for a long period. The longer the compression lasts, the stronger the move that usually follows. The vertical projection drawn on XRP Captain’s chart shows SHIB’s price moving up aggressively after the breakout, not gradually.

If SHIB breaks above the resistance line, the move could be fast because there is limited resistance above the breakout level on the higher timeframe chart. This type of move would take SHIB out of the multi-year structure and into a new trend phase.

A Potential New All-Time High

A 40x move from the support region shown on the chart would push SHIB far beyond its previous 2021 all-time high. At the time of his analysis, the asset traded at approximately $0.000006. A 40x surge from this level would send it to $0.00024, far above its all-time high of $0.00008845.

The structure on the weekly chart supports the possibility of a large expansion move because the pattern has been forming for several years. The key development to watch now is whether SHIB breaks above the descending resistance.

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Shiba Inu (SHIB) May Be Poised for Rebound. Here’s Why

Zaccheaus Ogunjobi — Sun, 29 Mar 2026 02:00:42 +0000

Shiba Inu (SHIB) appears to be entering a transitional phase after experiencing a sustained period of negative monthly performance. Since August 2025, the asset has recorded consecutive declines, marking one of the longest downturns in its history. The losses intensified toward the end of 2025, with October, November, and December each registering notable percentage drops.

Recent data, however, shows a shift in short-term performance. Throughout March 2026, SHIB has shown modest upward movement when compared to its opening price for the month.

Although daily fluctuations remain evident and the asset continues to trade at approximately $0.000005767, intermittent upward movements have offset periods of decline. This pattern suggests that the asset may close the month without extending its previous sequence of losses.

On-Chain Metrics Reflect Changing Investor Behavior

Beyond price movement, blockchain data provides additional insight into Shiba Inu’s evolving outlook. The number of wallet addresses holding SHIB has continued to increase, surpassing 1.55 million. This steady rise indicates ongoing participation and interest in the asset, even during periods of reduced price performance.

A significant proportion of these holders have maintained their positions for extended durations. Approximately 78% of wallets have held SHIB for over one year, suggesting a preference for long-term exposure rather than short-term trading.

This trend is further supported by a decline in exchange reserves, which means that more tokens are being transferred into private storage. Reduced exchange balances are often associated with lower immediate selling pressure, as fewer tokens remain readily available for trading.

Chart-based analysis also points to early signs of improving market conditions. A divergence between price action and the relative strength index (RSI) has been observed, indicating that downward momentum may be weakening. Additionally, SHIB has maintained its position above a key support level near $0.0000050, with repeated rebounds suggesting sustained buying interest at lower price points.

If this support level continues to hold, analysts indicate that the asset could move toward the $0.00000725 range. In a more favorable scenario, further upward movement could bring the price closer to the 200-day moving average, which is currently estimated at approximately $0.00000864. These projections depend on the continuation of current market conditions and consistent demand.

Large Investor Activity and Market Implications

Another factor contributing to the improved outlook is renewed accumulation by large holders. Recent transaction data shows that a significant investor acquired over 120 billion SHIB tokens through multiple purchases. Such activity is often interpreted as a signal of confidence, as large-scale participants typically position themselves based on longer-term expectations.

Combined with increasing token burn activity, expanding user participation, and declining exchange supply, these developments contribute to a more stable market structure. While price volatility has not been eliminated, the underlying indicators suggest a gradual shift in sentiment.

Although Shiba Inu is still below previous highs and continues to face short-term uncertainty, recent data shows measurable improvement across several key metrics. The potential end of its extended period of monthly losses would represent an important development for the asset.

For the token to experience sustained progress, it will depend on continued investor engagement, supportive technical conditions, and broader market stability. If these factors align, SHIB may be positioned for a more consistent recovery phase in the near term.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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Shiba Inu’s Bullish Divergence Sparks Hopes of SHIB Price Rally

Zaccheaus Ogunjobi — Thu, 26 Mar 2026 01:00:11 +0000

Shiba Inu is showing signs of a possible upward move after the formation of a bullish divergence on the daily chart. This technical development suggests that despite recent price declines, underlying momentum may be strengthening, creating conditions for a potential price recovery in the near term.

Recent price action shows SHIB recording consecutive daily gains, marking a short-term recovery from its recent lows. Over the past few sessions, the token has risen by approximately 9%, a sign of renewed buying interest. This movement coincides with a broader technical setup that traders usually associate with a shift in market direction.

Bullish Divergence Suggests Strength in Weakness

An analysis of SHIB’s daily chart shows a divergence between price movement and the RSI indicator. While the asset has recorded lower price points, the RSI has gradually increased from oversold levels. This pattern typically reflects weakening selling pressure and the possibility of an upcoming upward correction.

This is not the first time such a pattern has appeared in recent months. Toward the end of December, a similar pattern developed as the RSI rose from 29 to 34, even as the price declined from $0.00000753 to $0.00000682. That setup was followed by a strong rally of more than 20%, with SHIB reaching approximately $0.00001009 in early January.

A comparable scenario occurred between early February and early March. During that period, the RSI improved from 23.7 to 33.7, despite the price falling from $0.00000663 to $0.00000523. The repetition of this pattern reinforces the possibility that current market conditions could lead to another upward move.

Support Levels

Price stability around key support levels further supports the bullish case. SHIB has consistently found buying interest near the $0.00000504 range. Attempts to push the price lower have been met with rebounds, showing that this zone is being defended by buyers.

If upward momentum continues, the first significant resistance level lies at $0.00000725, which represents the most recent lower high. A successful move to this level would imply a moderate gain from current prices. Beyond that, attention shifts to the 200-day simple moving average at approximately $0.00000864. Reaching this level would indicate a more substantial recovery.

Moving Average Break Strengthens Outlook

Another important development is SHIB’s recent movement above its 50-day exponential moving average. This indicator is widely used to assess trend direction, and a sustained position above it is often interpreted as a sign of improving market structure.

Currently, the 50-day EMA sits slightly below the current price, suggesting that the token has transitioned into a more favorable technical position. Maintaining this level of support will be critical for sustaining upward momentum.

Additionally, SHIB is trading above other short-term moving averages, including the 23-day and 50-day simple moving averages. These indicators now act as dynamic support levels, reinforcing the potential for continued price appreciation.

The combination of bullish divergence, strong support zones, and improving positioning relative to key moving averages indicates that SHIB may be entering a recovery phase. If the asset holds above current support levels, it will guarantee continued strength.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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Shiba Inu (SHIB) Climbs 5% Despite Death Cross Signal

Zaccheaus Ogunjobi — Wed, 25 Mar 2026 00:00:17 +0000

Shiba Inu has delivered a mixed technical outlook, showing conflicting signals emerging across different chart timeframes. While a bearish crossover appeared on the lower timeframe, the token’s recent price movement suggests that buying pressure remains present.

SHIB Formed Death Cross

The one-hour chart shows that SHIB formed a death cross on March 22, a pattern that occurs when the 200-period simple moving average moves above the 50-period average. This setup is commonly associated with weakening short-term momentum and the potential for further downside. The signal emerged after a brief price decline triggered by heightened geopolitical issues involving the United States and Iran.

During that dip, SHIB fell from around $0.00000575 to approximately $0.00000565 within the same day. The drop was relatively modest but significant enough to influence short-term technical structure.

Notably, the bearish crossover did not occur in isolation; it followed a failed bullish signal just 24 hours earlier. On March 21, the 50-period moving average had crossed above the 200-period average, suggesting a possible upward trend. However, the market did not sustain that momentum, and the signal quickly reversed.

Golden Cross Spotted

Despite this short-term weakness, broader indicators provide a more stable outlook. On the four-hour chart, SHIB remains in a bullish configuration after forming a golden cross on March 19.

This occurred following a rebound from lows near $0.00000562. Since then, the separation between the two moving averages has increased, which is often interpreted as strengthening trend support. In addition, the current price continues to trade above both averages, reinforcing the idea that the larger trend has not shifted to the downside.

Price action over the last 24 hours further challenges the bearish implication of the one-hour chart. SHIB has risen by nearly 5%, reaching about $0.00000606. This upward movement reflects a broader recovery across the cryptocurrency market rather than an isolated rally.

Improved sentiment appears to have been influenced by recent remarks from Donald Trump, who referenced a temporary pause in attacks on Iranian power infrastructure amid ongoing negotiations. The development contributed to a more positive global market environment, which extended to digital assets.

The price increase has had notable consequences in the derivatives market. A significant number of traders who were positioned for further declines were forced out of their trades. Within the past 24 hours, total SHIB liquidations reached approximately $119,170, with short positions accounting for the majority at $94,350. Long liquidations were considerably lower, indicating that bearish bets were more heavily impacted by the unexpected upward move.

This pattern is consistent with activity across the wider crypto market. Data from Coinglass shows that around $611 million worth of leveraged positions were liquidated over the same period. Short trades made up the larger share at $361 million, while long positions accounted for $249 million. In total, more than 126,000 traders were affected. The single largest liquidation was valued at $16.27 million on an ETH/USDT pair on Bitget.

Overall, Shiba Inu’s recent performance shows the divergence that can occur between short-term indicators and broader market trends. While the one-hour death cross points to temporary weakness, sustained price strength and supportive higher timeframe signals indicate that bullish conditions have not been fully undermined.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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Is Shiba Inu’s Price About to Pump? Large SHIB Outflows Hint at Accumulation

Zaccheaus Ogunjobi — Sat, 21 Mar 2026 00:00:40 +0000

Shiba Inu’s recent behavior indicates a market experiencing both volatility and underlying accumulation. While the asset has faced short-term price pressure, on-chain and exchange flow data show growing interest from holders who appear to be positioning for longer-term prospects.

Data from CryptoQuant shows a noticeable shift in exchange behavior, with more SHIB tokens leaving trading platforms than entering them. A negative netflow of this magnitude generally reflects reduced immediate selling intent, as assets are moved into private wallets or alternative storage solutions.

This pattern often signals that holders are opting to retain their positions rather than trade them in the short term. By removing tokens from exchanges, the available supply for quick liquidation decreases, which can influence price stability if demand persists.

Supporting this observation, Coinglass data presents a similar, though smaller-scale, trend. Over the same 24-hour period, inflows to exchanges were valued at approximately $5.95 million, while outflows reached $6.13 million.

This results in a net difference of $181,350, equivalent to roughly 30 billion SHIB at current price levels. Although the figures differ from CryptoQuant’s estimates, both datasets indicate that withdrawals are more than the deposits.

Price Movement and Market Reaction

Earlier in the week, SHIB experienced a decline lasting three consecutive days, with a total drop of around 6%. This followed a rejection near the $0.00000644 level, which acted as a short-term resistance point, but market conditions shifted shortly afterward.

The asset has since recorded a gain exceeding 5%, supported by renewed buying activity during the Asian trading session. Technical indicators, including a dragonfly doji formation on the daily chart, suggest that selling pressure weakened toward the end of the previous trading cycle.

At present, SHIB is attempting to recover the losses it recorded earlier in the week. Continuous upward movement would depend on its ability to maintain momentum and overcome nearby resistance levels.

Liquidations Show Market Imbalance

The recent price fluctuations have led to increased liquidation activity. In total, about $186,080 worth of positions were closed involuntarily within 24 hours. Long traders were more affected, accounting for approximately $139,200 of these liquidations, compared to $46,880 attributed to short positions.

However, shorter timeframes reveal a shift in dynamics. Over a 12-hour window, short liquidations exceeded long liquidations, with $38,710 in short positions closed versus $12,700 in long positions. This suggests that bearish traders are beginning to encounter pressure as the market shows signs of recovery.

SHIB is currently trading near the $0.0000060 resistance zone. If the token successfully moves above this level, it could open the path for further gains. On the other hand, failure to break through may result in another pullback, with support levels located around $0.00000545 and $0.00000507.

Although there are still signs of short-term volatility, the consistent outflow of tokens from exchanges shows that some market participants are accumulating, and this may influence price direction in the coming sessions.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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Shiba Inu (SHIB) Faces Mounting Pressure. Here’s Why

Zaccheaus Ogunjobi — Thu, 19 Mar 2026 01:00:58 +0000

Shiba Inu pushed higher over the past week, but that strength is already starting to look fragile. The token managed to reach roughly $0.00000644 before losing pace, and the follow-through simply hasn’t been there. What looked like a continuation move is now showing signs of exhaustion.

The bigger picture hasn’t really changed. Even with the recent bounce, SHIB is still trading within a structure that favors the downside. The recovery attempt did not break any key levels that would suggest a shift in trend, which leaves the market exposed to another decline.

Trendline Pressure Still Controlling SHIB’s Price

According to crypto analyst MyCryptoParadise, one of the main issues remains the descending resistance trendline on the 4-hour chart. This level has repeatedly stopped upward moves, and the latest attempt was no different. Its price pushed into that region again but failed to break through.

This has happened before. In mid-February, SHIB rallied toward $0.00000725 and was rejected, which effectively ended that upward phase. The current setup looks similar, with the asset once again unable to clear resistance. As long as this trendline remains intact, it continues to act as a ceiling. That repeated rejection is not a random pattern. It reflects steady selling pressure that has yet to ease in any meaningful way.

Weak Follow-Through Raises Concerns

There are also signs that the recent move higher lacked real strength. SHIB briefly moved above the $0.0000060–$0.0000059 area, which had previously acted as a supply zone. However, it did not stay there for long and slipped back down shortly after.

This kind of behavior usually points to weak demand. Even though the price moved up, buyers were not able to maintain control. At the same time, the volume profile suggests that some of that upward activity may have been distribution rather than genuine accumulation. When the asset fails to hold above a key zone after a breakout, it often signals that the move is not sustainable.

Focus Shifts to Lower Support Levels

With momentum fading, attention is now turning to support. The first level to watch sits around $0.00000545. A move toward that area would not be surprising given the current structure.

If that level breaks, the next zone comes in near $0.00000507. That area was previously held in early February and could become relevant again if selling pressure builds.

For the bearish outlook to change, SHIB would need to push above $0.00000656 with conviction. Until that happens, the trend remains under pressure, and the risk of further downside stays on the table.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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Shiba Inu Price Surges, Wipes Out 7.94B SHIB in Short Liquidations

Zaccheaus Ogunjobi — Mon, 16 Mar 2026 23:02:02 +0000

Shiba Inu recorded a modest recovery today, generating significant pressure on traders who had prepared themselves for further downside. The asset rose by 4.8% during the session, reaching $0.00000631 as broader digital asset markets also moved higher.

The upward move led to a wave of forced liquidations among traders betting against the token. Market data shows that bearish positions absorbed the majority of losses during the period, highlighting how the recent rebound caught short sellers off guard.

Large Share of Liquidations Came From Short Positions

According to derivatives data from Coinglass, Shiba Inu liquidations totaled approximately $59,170 within the past 24 hours. A large portion of that amount came from traders holding short positions.

Out of the total liquidations, roughly $50,120 was attributed to short positions that were closed automatically as the market moved upward. At the current trading price, this figure corresponds to about 7,942,947,702 SHIB tokens. These liquidations represented approximately 84.7% of all Shiba Inu positions removed from the market during the timeframe.

In contrast, long traders experienced significantly smaller losses. Liquidations on the bullish side totaled around $9,050, suggesting that traders positioned for price increases were very much aligned with the market’s direction during the period.

This pattern did not only affect Shiba Inu. Across the broader cryptocurrency market, liquidations reached approximately $353 million over the same 24-hour window. Short positions accounted for about $292 million of that figure, while long liquidations represented around $60.9 million.

Shiba Inu Price Recovery

Recent trading activity suggests that Shiba Inu has shown some stability after declining earlier in the month. The asset is approaching its seventh positive daily close within the last eight trading sessions, a performance not seen since September 2025.

The rebound began after the token found support near $0.00000520 on March 8. Since that point, the token has gained roughly 20%, allowing it to return to positive territory on the monthly timeframe.

Weekly performance has also improved. During the previous week, Shiba Inu advanced by about 12.3%, representing its strongest weekly increase since early January, when the asset rose by more than 22%.

Trading Activity and Open Interest Increase

The recovery in price has been accompanied by stronger market participation. Derivatives metrics show that open interest has gradually increased, a sign that traders are once again entering new positions.

At the beginning of March, open interest in Shiba Inu derivatives markets stood near $54.51 million. Current figures indicate that it has climbed to approximately $60.90 million, showing renewed activity among market participants.

Spot market trading has also expanded. CoinGlass data shows that SHIB’s spot trading volume surged by roughly 112% within the past 24 hours, reaching $22.23 million. Activity in the futures market rose even more sharply, with trading volume increasing by 109% to about $148.3 million.

Despite the increase in activity, the balance between buy orders and sell orders remains relatively even. This suggests that traders currently lack a strong directional consensus regarding the token’s next move.

Shiba Inu is currently trading above an important resistance zone around $0.00000590. Maintaining price levels above this area could support additional upward movement in the near term.

However, the broader technical structure still shows a downward trend that has produced a sequence of lower highs in recent months. Similar rebound attempts in January and February failed to alter this pattern.

For a significant shift in market sentiment, analysts suggest that SHIB would need to break above the previous lower high recorded near $0.00000725 on February 14. If this move comes at a period of strong trading volume, it could begin a more sustained bullish reversal.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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Pundit Says Shiba Inu (SHIB) Begins to Look Interesting. Here’s Why

Zaccheaus Ogunjobi — Fri, 13 Mar 2026 23:30:19 +0000

Shiba Inu is attracting renewed attention from market participants following an improvement in its short-term price performance. The cryptocurrency has recently advanced toward an important technical level that previously limited upward movement. Analysts suggest that maintaining strength above this area will be critical in determining whether the asset can establish a sustained recovery.

The broader cryptocurrency market has shown signs of stabilization in recent days, creating conditions that have supported a modest rebound in several digital assets. Shiba Inu has participated in this broader recovery, recording a sequence of positive daily trading sessions and gradually approaching a resistance level that has played a significant role in recent price behavior.

Recent Price Performance

Over the past several trading sessions, SHIB has demonstrated stronger momentum compared with earlier weeks. The token has registered four consecutive bullish daily candlesticks, marking the first time such a sequence has occurred since September 2025. This pattern reflects increased buying activity and a short-term shift in market sentiment.

During this period, the price of SHIB has risen by approximately 13%. The advance has brought the asset closer to the $0.000006 level, a price region that traders often monitor due to its psychological significance. A move above this level could reinforce confidence among participants who have been evaluating whether the recent recovery can continue.

Why the $0.0000059 Resistance Level is Important

Despite the recent upward movement, one technical barrier remains particularly significant for the token’s short-term outlook. A resistance trendline positioned near the $0.0000059 level has limited SHIB’s progress since the end of February.

Before that period, the same level had served as a support area for the asset. However, the structure changed after SHIB dropped below the level on February 27. Once this breakdown occurred, the line began functioning as resistance, preventing price advances during several subsequent attempts to recover.

Attempts to reclaim the level on March 1 and March 4 were unsuccessful, as sellers pushed the asset lower following brief upward movements. Because of this history, traders have continued to monitor the level closely as the market attempts another move higher.

Analyst Perspective on Current Market Structure

Crypto market analyst Crypto Tony recently addressed the changing chart structure in a technical review. According to his assessment, the recent upward movement has brought SHIB back to a position where it is challenging the resistance level that has constrained price activity for more than two weeks.

In his analysis, the chart structure appeared to be improving as buying pressure returned. However, he emphasized that the token would need to establish a firm position above $0.0000059 in order to provide confirmation of a potential short-term shift toward bullish conditions. Remaining above this level would represent an initial step toward strengthening the current recovery.

Recent market activity suggests that SHIB has begun trading above the resistance trendline. At the time of writing, the token is priced around $0.000006045, showing a modest daily gain. Although the breakout has already occurred, analysts emphasize that continued trading above the level will be necessary for the move to be validated.

The development is also notable because it coincides with a breakout from a descending channel that has shaped the token’s price movement for much of the year. This pattern emerged after SHIB declined from the $0.00001 level on Jan. 5, following a strong rally earlier in the year. After that drop, the asset formed a series of lower highs and lower lows, creating the downward channel visible on the daily chart.

SHIB has effectively exited that channel structure by moving above the $0.0000059 area. If the token maintains support above the breakout zone, it may mean that the prolonged downward trend is beginning to weaken.

Right now, the market is more focused on whether Shiba Inu can sustain its position above the newly reclaimed level, because this will likely determine the direction of its near-term price movement.

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The post Pundit Says Shiba Inu (SHIB) Begins to Look Interesting. Here’s Why appeared first on Times Tabloid.