 
 
Shiba Inu (SHIB) traded cautiously on Wednesday, reflecting a broader pullback throughout the crypto market led by Bitcoin.
Over the previous week, the second-largest meme coin has fallen practically 9% amid intensified promoting throughout main digital belongings. Regardless of the current weak point, analysts see potential for a rebound with SHIB’s price approaching key historic help ranges, suggesting a doable bullish reversal.
Final week, distinguished analyst JavonMarks highlighted the Relative Energy Index (RSI) on X, noting that the technical indicator might sign an upcoming upside transfer.
“With SHIB’s RSI making larger lows whereas its costs type decrease lows, that is thought of an everyday bullish divergence in technical evaluation and suggests a powerful chance for a bullish reversal.” He wrote. “A reversal can lead to Shiba Inu recovering over 400% into the $0.000035 areas.”
Notably, a bullish divergence is usually seen as a precursor to upward momentum, suggesting that SHIB could also be primed for a notable breakout after months of consolidation.
 
In the meantime, crypto analytics agency Whale Scan projected that Shiba Inu (SHIB) might attain $0.00003–$0.00005 by late 2026, implying a 401%–736% surge from its present value of $0.000005979. This forecast aligns with different bullish predictions, together with Changelly at $0.0000142, Telegaon at $0.0000543, and ChatGPT suggesting a possible $0.000115, whereas Coincodex stays extra conservative.
The optimism is fueled by expectations of a crypto supercycle later this yr, as analysts recommend the standard four-year market cycle might have shifted to a five-year cycle. With historic help ranges and rising shopping for strain, SHIB might be positioned for a powerful rally within the coming months.
Within the quick time period, analyst Crypto Sat expects Shiba Inu (SHIB) to present indicators of a reversal after weeks of market weak point. He highlighted an inverse head-and-shoulders sample forming on the 4-hour chart, suggesting bearish momentum could also be nearing exhaustion. Over the previous 30 days, SHIB has dropped greater than 20%, however reclaiming key resistance ranges might sign a short-term breakout.
Crypto Sat famous the neckline between $0.0000070 and $0.0000072 as the important thing stage to watch. A powerful shut above $0.0000072 with elevated quantity might push SHIB towards $0.0000078, then $0.0000085, and probably $0.0000090 if momentum continues.
At press time, SHIB was buying and selling at $0.0000056, up 3.3% over the previous 24 hours.
