The post SHIB Price Prediction: Mixed Signals Point to $0.0000085 Target Despite Current Weakness appeared on BitcoinEthereumNews.com. Darius Baruo Jan 29, 2026The post SHIB Price Prediction: Mixed Signals Point to $0.0000085 Target Despite Current Weakness appeared on BitcoinEthereumNews.com. Darius Baruo Jan 29, 2026

SHIB Price Prediction: Mixed Signals Point to $0.0000085 Target Despite Current Weakness

4 min read


Darius Baruo
Jan 29, 2026 15:17

Recent analyst forecasts suggest Shiba Inu could rally 22% to $0.0000085, though current technical indicators show bearish momentum with RSI at 37.18. SHIB Price Prediction Summary • Short-term ta…

Recent analyst forecasts suggest Shiba Inu could rally 22% to $0.0000085, though current technical indicators show bearish momentum with RSI at 37.18.

SHIB Price Prediction Summary

• Short-term target (1 week): $0.0000076
• Medium-term forecast (1 month): $0.0000070-$0.0000085 range
• Bullish breakout level: $0.0000085
• Critical support: $0.0000070

What Crypto Analysts Are Saying About Shiba Inu

Recent analyst coverage has identified specific upside targets for SHIB despite current market headwinds. Peter Zhang noted on January 19, 2026: “SHIB price prediction shows potential 22% upside to $0.0000085 resistance level, with bullish MACD momentum supporting near-term recovery despite neutral RSI conditions.”

This sentiment was echoed by MEXC News on January 13, 2026, stating: “The Shiba Inu forecast for January 2026 suggests modest upside potential with the primary target of $0.0000085 representing a reasonable 25% gain expectation.”

While specific recent analyst predictions are limited, on-chain metrics from major data platforms suggest SHIB remains in a consolidation phase with potential for upside breakouts once momentum indicators improve.

SHIB Technical Analysis Breakdown

Current technical indicators present a mixed picture for Shiba Inu. The token is trading with a daily RSI of 37.18, placing it firmly in neutral territory but approaching oversold conditions. This positioning often precedes potential bounce opportunities.

The MACD histogram shows bearish momentum at present, though the minimal reading of 0.0000 suggests the selling pressure may be waning. More concerning is SHIB’s position relative to its Bollinger Bands, with a %B reading of 0.0115 indicating the price is hugging the lower band – typically a sign of oversold conditions.

Stochastic indicators paint an even more oversold picture, with %K at 2.16 and %D at 1.73, suggesting SHIB may be due for a technical bounce in the near term.

The 24-hour trading volume of $8.73 million on Binance spot markets indicates moderate interest, though the -6.45% daily decline shows bears remain in control of short-term price action.

Shiba Inu Price Targets: Bull vs Bear Case

Bullish Scenario

The primary upside target aligns with analyst forecasts at $0.0000085, representing a potential 22-25% gain from current levels around $0.0000070. Technical confirmation would require SHIB to reclaim its 20-day moving average and see RSI move above 50.

A sustained move above $0.0000085 could open the door to testing higher resistance levels, though traders should monitor volume for confirmation of any breakout attempts.

Bearish Scenario

On the downside, failure to hold current support levels could see SHIB test lower bands around $0.0000065. The combination of bearish MACD momentum and recent selling pressure suggests this scenario remains possible.

Critical support breakdown below $0.0000065 could trigger further selling toward $0.0000060, making risk management essential for current holders.

Should You Buy SHIB? Entry Strategy

For traders considering SHIB positions, the current oversold conditions may present opportunity, though confirmation is needed. Consider scaling into positions if SHIB holds above $0.0000070 with improving RSI momentum.

A potential entry strategy would involve buying small positions at current levels with additional purchases planned if SHIB breaks above $0.0000076 with volume confirmation. Stop-loss orders below $0.0000065 would help limit downside risk.

Risk management remains crucial given SHIB’s volatility, with position sizing appropriate to individual risk tolerance.

Conclusion

The SHIB price prediction presents a cautiously optimistic outlook with analyst targets pointing to $0.0000085, representing significant upside potential. However, current technical indicators suggest patience may be required before this Shiba Inu forecast materializes.

While oversold conditions could support a near-term bounce, sustainable upside will likely require improvement in broader market sentiment and volume confirmation. Traders should monitor RSI recovery above 40 and MACD momentum shifts as early signals of trend reversal.

Disclaimer: This SHIB price prediction is for informational purposes only and should not be considered financial advice. Cryptocurrency investments carry significant risk, and past performance does not guarantee future results. Always conduct your own research and consider your risk tolerance before trading.

Image source: Shutterstock

Source: https://blockchain.news/news/20260129-price-prediction-target-shib-mixed-signals-point-to-00000085-despite

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Trump swears he'll donate winnings in $10 billion lawsuit against his own IRS

Trump swears he'll donate winnings in $10 billion lawsuit against his own IRS

President Donald Trump told NBC News' Tom Llamas in an interview released on Wednesday that he has no interest in actually keeping any money he wins from his lawsuit
Share
Rawstory2026/02/05 10:43
US President Donald Trump says Warsh would’ve lost Fed if he pledged rate hike

US President Donald Trump says Warsh would’ve lost Fed if he pledged rate hike

The post US President Donald Trump says Warsh would’ve lost Fed if he pledged rate hike appeared on BitcoinEthereumNews.com. US President Donald Trump said that
Share
BitcoinEthereumNews2026/02/05 10:23
Taiko Makes Chainlink Data Streams Its Official Oracle

Taiko Makes Chainlink Data Streams Its Official Oracle

The post Taiko Makes Chainlink Data Streams Its Official Oracle appeared on BitcoinEthereumNews.com. Key Notes Taiko has officially integrated Chainlink Data Streams for its Layer 2 network. The integration provides developers with high-speed market data to build advanced DeFi applications. The move aims to improve security and attract institutional adoption by using Chainlink’s established infrastructure. Taiko, an Ethereum-based ETH $4 514 24h volatility: 0.4% Market cap: $545.57 B Vol. 24h: $28.23 B Layer 2 rollup, has announced the integration of Chainlink LINK $23.26 24h volatility: 1.7% Market cap: $15.75 B Vol. 24h: $787.15 M Data Streams. The development comes as the underlying Ethereum network continues to see significant on-chain activity, including large sales from ETH whales. The partnership establishes Chainlink as the official oracle infrastructure for the network. It is designed to provide developers on the Taiko platform with reliable and high-speed market data, essential for building a wide range of decentralized finance (DeFi) applications, from complex derivatives platforms to more niche projects involving unique token governance models. According to the project’s official announcement on Sept. 17, the integration enables the creation of more advanced on-chain products that require high-quality, tamper-proof data to function securely. Taiko operates as a “based rollup,” which means it leverages Ethereum validators for transaction sequencing for strong decentralization. Boosting DeFi and Institutional Interest Oracles are fundamental services in the blockchain industry. They act as secure bridges that feed external, off-chain information to on-chain smart contracts. DeFi protocols, in particular, rely on oracles for accurate, real-time price feeds. Taiko leadership stated that using Chainlink’s infrastructure aligns with its goals. The team hopes the partnership will help attract institutional crypto investment and support the development of real-world applications, a goal that aligns with Chainlink’s broader mission to bring global data on-chain. Integrating real-world economic information is part of a broader industry trend. Just last week, Chainlink partnered with the Sei…
Share
BitcoinEthereumNews2025/09/18 03:34