Shiba Inu Price Prediction: SHIB Just Deleted a Zero – Could This Be the Breakout Bulls Have Waited 56 Days For?
2026-01-08 07:25
Shiba Inu dropped a zero from its price during Monday trading, a testament that bullish Shiba Inu price predictions could be in play after a prolonged downside. While only brief, the meme coin successfully tagged $0.00001 for the first time in 56 days before facing strong psychological resistance, with a rejection pushing SHIB back to around $0.0000087. That pullback points to short-term speculative trading rather than firm long-term accumulation. Even so, the technical picture has improved. While the rally failed to reclaim the long-term downtrend defined by the 100-day SMA, the mid-term 50-day SMA has now flipped bullish. SHIB / USDT 1-day chart, 100-day SMA rejection: TradingView . Reclaiming that moving average is a meaningful shift in structure, creating a higher and firmer footing for a sustained upside move if broader market conditions prove supportive. Shiba Inu Price Prediction: Small Step Eyes Massive Move Strength building in the mid-term suggests...
