Shiba Inu (SHIB) Daily Market Analysis

What is the latest news for SHIB?

Shiba Inu (SHIB) Recent Developments

Price Action and Market Performance

Shiba Inu opened 2026 with a sharp rebound, rising nearly 30% in the first week of the year and almost 48% from December 31 lows. However, momentum has since cooled. On January 5, Shiba Inu hit a high of $0.00001017, briefly erasing a zero from its price tag. This surge was not sustained as bulls lost momentum, and since January 6, Shiba Inu has concluded four days in losses, reaching a low of $0.00000846.

The live Shiba Inu price stands at $0.00000776 USD with a 24-hour trading volume of $65,126,863.11 USD.

Ecosystem and Technical Developments

Shiba Inu's development team has focused on upgrading its Shibarium blockchain with new technical layers and infrastructure changes. The project is finalizing and launching the "Shibarium SOUs" NFT system to compensate users affected by the September 2025 bridge exploit.

Shibarium's Layer-2 network is nearing a 14 million block milestone, signaling ongoing network growth and stability.

Strategic Initiatives

The "JUL-AI" initiative announced in July 2025 involves partnerships with firms like TokenPlayAI and aims for AI-native tools integrated with Shibarium. The beta launch of Shib Alpha Layer—a Layer-3 "rollup abstraction stack"—aims to drastically simplify user experience, enable faster transactions with various payment options, and integrate advanced privacy features.

Community Updates

Shiba Inu's lead ambassador, Shytoshi Kusama, has maintained silence on X for 18 days into 2026, prompting the SHIB community to anticipate further developments. The Shibarium-based TREAT token within the Shiba Inu ecosystem has reached its first anniversary, providing compelling use cases for the project.

Market Sentiment

The consensus on SHIB is mixed, split between technical traders spotting a potential breakout and community members concerned over trust and selling pressure. Technical indicators show the current sentiment is bearish while the Fear & Greed Index is showing 25 (Extreme Fear).

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Why is SHIB price down today?

Price Movement Analysis

Current Status

SHIB is trading at $0.000007663 with a 24-hour decline of -1.38%. The token's market capitalization stands at $4.51 billion with trading volume of $102.3 million over the past day.

Key Drivers of Today's Decline

Shiba Inu has formed a death cross on its hourly chart as selling pressure mounts across the meme coin sector. This technical pattern signals weakening momentum following the early 2026 rally.

The market remains a "battleground" between retail hope and whale-driven liquidations, indicating profit-taking activity is pressuring prices downward. Shiba Inu's price prediction remains clouded by bearish sentiment, amid broader market shifts and investor re-evaluation.

Technical Context

The broader market environment shows mixed signals. With a price decline of -6.60% in the last 7 days, Shiba Inu (SHIB) is underperforming the global cryptocurrency market which is up 0.50%. However, the trading volume of Shiba Inu (SHIB) is $135,448,658.11 in the last 24 hours, representing a 68.80% increase from one day ago and signalling a recent rise in market activity.

Market Sentiment

The current sentiment is Bearish while the Fear & Greed Index is showing 25 (Extreme Fear). Despite the short-term weakness, in mid-January 2026, the burn rate surged by over 800%, removing millions of tokens from the 589 trillion circulating supply daily, creating a deflationary pressure that didn't exist in previous years.

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What is the market sentiment for SHIB today?

SHIBA INU (SHIB) MARKET SENTIMENT ANALYSIS

Overall Sentiment Assessment

Current technical sentiment is bearish while the Fear & Greed Index shows 25 (Extreme Fear). However, sentiment remains mixed across different market participants. Investor sentiment in SHIB is neutral, but the memecoin surpassed 1.5 million holders, demonstrating strong community support and growing adoption.

Price Performance Metrics

SHIB trades at approximately $0.00000766 with the following short-term performance:

Shiba Inu recorded 11/30 (37%) green days with 7.80% price volatility over the last 30 days
1-hour change: +1.85%
24-hour change: -1.38%
7-day change: -2.69%
Market cap: $4.51 billion (rank #29)
24-hour trading volume: $102.3 million

Social Media and Community Sentiment

Across all social media platforms, SHIB has an average sentiment score of 4.2 out of 5. On Twitter, people are mostly bullish about SHIBA INU. However, on Reddit and Twitter, sentiment remains polarized, with skeptics questioning the sustainability of SHIB's ecosystem, while proponents highlight Shibarium's 114% surge in Layer-2 transactions over five days as evidence of growing utility.

The consensus on SHIB is mixed, split between technical traders spotting a potential breakout and community members concerned over trust and selling pressure.

Technical Indicators and Trader Positioning

On the four-hour chart, Shiba Inu is bearish, with the 50-day moving average falling, suggesting a weakening short-term trend. Shiba Inu forms a death cross on its hourly chart as its early 2026 rally fades, with SHIB trading at $0.00000853 amid weakening momentum and profit-taking.

Profitability metrics show that most SHIB holders are currently in a losing position, which could exacerbate bearish sentiment and fuel further selling pressure. On-chain data shows whales accumulating billions of SHIB off exchanges, with a 3.94% jump in open interest on January 24, 2026.

Recent Sentiment Shifts and Catalysts

Developer silence since late December 2025 and unfinished projects like the Shibarium compensation plan have stalled momentum. Shiba Inu's lead ambassador, Shytoshi Kusama, has maintained silence on X for 18 days into 2026, prompting the SHIB community to anticipate further developments.

Positive developments include ecosystem expansion: Compensation for Shibarium Hack (Q1 2026) is finalizing the "Shibarium SOUs" NFT system, and Shibarium's 14 Million Block Milestone is imminent, signaling ongoing network growth and stability.

Risk Factors

As trading volume declines and the number of strong buyers dwindles, traders are keeping close eye on key support levels, with price still largely driven by market sentiment instead of consistent on-chain usage. The community-centric model exposes SHIB to volatility driven by sentiment rather than fundamentals.

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SHIB Technical Analysis: Key Support & Resistance Levels?

SHIBA INU (SHIB) TECHNICAL ANALYSIS

CURRENT MARKET STATUS

Price: $0.00000779 USD
Market Cap: $5.4 billion
24-Hour Volume: $102.3 million
Circulating Supply: 589 trillion tokens

KEY SUPPORT LEVELS

Based on classical pivot point analysis, support levels are at $0.00000789, $0.00000770, and the strongest at $0.00000755.

Critical Support Zones:

$0.00000815 support area – Key level for bullish reversal confirmation
$0.00000783 ascending trendline support – Secondary support if $0.00000815 breaks
$0.000006 support zone held during multiple breakdown attempts and earned its reputation as a long-term floor
Descending trendline around $0.0000076 and January 19 lows of $0.00000745

KEY RESISTANCE LEVELS

Resistance levels are at $0.00000823, $0.00000838, and $0.00000857.

Primary Resistance Zones:

Immediate resistance sits just above $0.00001 – Psychological level where retail conviction gets tested
Resistance range from $0.00000940 to $0.00000980 forms a significant supply zone; breaking this level convincingly with increased volume could clear the road to psychological resistance at $0.00001050
Major resistance at $0.000010; breaking this psychological zero would likely trigger FOMO, potentially pushing price toward $0.000025

TECHNICAL INDICATORS

Moving Averages

A "Golden Cross" on daily charts where the 23-day moving average crossed above the 50-day average, typically a signal for mid-term trend reversal.

If Shiba Inu can hold support at the 26-day EMA ($0.0000080), it could set the stage for a push toward the 200-day moving average at $0.00001050.

SHIB trades below all key moving averages (7-day SMA: $0.00000761, 30-day SMA: $0.00000824), with the MACD histogram confirming bearish momentum.

RSI (Relative Strength Index)

RSI at 35.71 avoids oversold territory, leaving room for further downside.

RSI is within the 30-70 neutral zone, indicating the price is trending neutral.

MACD

MACD remains below the zero line with signal line in negative territory indicating bearish momentum for the very short term; however, the histogram is at a plateau, which could indicate selling pressure has begun to fade.

CHART PATTERNS & PRICE ACTION

SHIB is trading below a key support-turned-resistance level after a failed attempt to reclaim higher prices.

SHIB attempted to reclaim the $0.00000815 support area on January 21 but met severe rejection, which kept it within bearish territory.

Yesterday's attempt to reclaim the support-turned-resistance level saw it break out of a descending trendline; the neckline resistance trends back to the January 18 peak of $0.00000847.

VOLUME ANALYSIS

Shiba Inu has recently shown significant short-term strength, with trading volume sharply rising alongside price movements; the surge in market capitalization reflects the entry of new buyers after a price breakout from the recent low.

Momentum oscillators show diminishing buying force, while volume remains firm.

TIMEFRAME ANALYSIS

Hourly (4-Hour)

On the four-hour timeframe, Shiba Inu is currently trending bearish with the 50-day moving average sloping down; considering the way the 50-day and 200-day moving averages are bearish, the price prediction would be bearish.

Daily

On the 1-day timeframe, Shiba Inu is currently trending bearish with the 50-day moving average sloping down and above the current price, which could act as resistance the next time it interacts with it.

Weekly

According to the 1-week rating, the sell trend is prevailing.

SHORT-TERM OUTLOOK

After a strong weekly rally, Shiba Inu is consolidating close to the $0.0000086 level; based on short-term momentum and declining selling pressure, the price is expected to rise 3–5% to $0.0000090 within the next 24 hours.

Shiba Inu could embark on a recovery push if it breaks above $0.00000815; a reclaim of the support would pave the way for a climb to the $0.0000083 resistance level and subsequently to higher zones if momentum sustains.

MEDIUM-TERM OUTLOOK

Supported by steady ecosystem activity and general market recovery, Shiba Inu price prediction models indicate an improvement of about 22-28%, with SHIB likely to hit $0.0000110 by the end of January 2026; should bullish sentiment persist and appetite for meme coins remain high, the gradual upside move may continue within a limited volatility range.

For 2026, the base case assumes a technical breakout year driven by Shibarium usage, aggressive burns tied to activity, and rollout of privacy tooling using fully homomorphic encryption; a move toward the $0.000015-$0.00002 range is realistic if execution holds.

RISK FACTORS

Meme coins crashed 69% from their 2024 peak, dragging SHIB; as the second-largest meme asset, SHIB faces sector-wide selling pressure exacerbated by declining retail interest and 80% drop in global meme coin searches.

If the token breaches the 200 EMA, the psychological and technical significance of the 67 trillion SHIB support level could erode; breaking this threshold may trigger panic selling, amplifying downward momentum.