SHIB Price Prediction: Analyzing the Path Amid Consolidation and On-Chain Signals

#SHIB

• Technical Posture is Cautiously Optimistic: SHIB trades above its 20-day moving average and within the upper half of its Bollinger Bands, suggesting near-term bullish control, but requires a confirmed breakout for a stronger trend.
• Market Sentiment Reflects a Standoff: On-chain data and news headlines present a mixed picture, balancing potential supply scarcity against ongoing selling pressure, indicating a period of consolidation.
• The $1 Price Target is Mathematically Implausible: Achieving a price of $1 USDT would require growth exceeding 13 million percent and a market capitalization thousands of times larger than the current global financial system, rendering it a purely theoretical scenario.

SHIB Price Prediction

Technical Analysis: SHIB Shows Bullish Momentum Above Key Moving Average

As of January 2, 2026, SHIB is trading at 0.00000760 USDT, positioned above its 20-day moving average of 0.00000737, indicating a positive short-term trend. The MACD indicator shows a reading of 0.00000031, with the signal line at 0.00000048, resulting in a negative histogram of -0.00000017. This suggests bullish momentum is building but has not yet fully confirmed a strong upward breakout. The price is currently trading between the middle (0.00000737) and upper (0.00000798) Bollinger Bands, with the lower band at 0.00000676 providing a key support level. According to BTCC financial analyst William, 'The price holding above the 20-day MA is a constructive sign. A sustained move above the upper Bollinger Band could signal the next leg higher, while the lower band remains a critical area for buyers to defend.'

Market Sentiment: On-Chain Data Points to a Supply-Demand Tug of War

Recent headlines highlight a conflicted on-chain narrative for Shiba Inu. While some reports point to a 'supply squeeze' testing key support, others note the token is facing 'sustained selling pressure' and 'volatile trading sessions.' This paints a picture of a market in equilibrium, where neither bulls nor bears have established clear dominance. BTCC financial analyst William comments, 'The news FLOW aligns with the technical picture of consolidation. The mention of a supply squeeze is a potentially bullish fundamental factor, but it is being counteracted by evident selling pressure. The market is essentially wrestling with these opposing forces at current levels.'

Factors Influencing SHIB’s Price

Shiba Inu Tests Key Support as On-Chain Data Signals Supply Squeeze

Shiba Inu (SHIB) has returned to a long-term support zone that historically triggers buying interest. The memecoin now trades near levels that served as demand bases during previous market cycles, including the 2021 bull run and early 2024 recovery.

On-chain metrics reveal structural shifts: Exchange reserves dropped by 200 billion SHIB in 24 hours, while burn rates spiked 10,000%, removing 173 million tokens from circulation. This dual pressure—declining liquidity and accelerated supply destruction—has drawn attention from traders anticipating a volatility expansion.

Technical charts show SHIB bouncing from the lower boundary of a multi-year descending channel. The token’s ability to hold this level could determine whether it mirrors 2021’s parabolic rally or faces prolonged consolidation.

Shiba Inu (SHIB) Tests Resistance Amid Volatile Trading Session

Shiba Inu's 0.75% gain to $0.0₅7472 masks underlying volatility. The meme coin's $86.64 million trading volume suggests speculative interest remains elevated despite failing to hold earlier breakout levels. Market capitalization now stands at $4.41 billion.

Technical analysts observe weakening momentum after SHIB faced rejection at key resistance. 'The sharp pullback indicates insufficient buyer conviction,' noted GainMuse, highlighting the need for either consolidation or renewed capital inflows to sustain upward movement.

Contrasting this caution, community sentiment skews bullish. CRYPTO SHIB's analysis points to historical patterns suggesting potential for new highs, though such predictions remain untested against current market conditions.

Shiba Inu Faces Sustained Selling Pressure as On-Chain Metrics Signal Weakness

Shiba Inu (SHIB) extended its decline for a fifth consecutive session, trading below $0.0000060 as bearish momentum gripped the memecoin market. On-chain analytics reveal deteriorating sentiment, with social dominance metrics hitting yearly lows and token burns grinding to a halt.

Derivatives data shows increasing downside positioning, compounding technical weakness. The absence of retail enthusiasm—evidenced by shrinking social media engagement—suggests SHIB may struggle to find near-term support even as broader crypto markets stabilize.

Analysts point to the 24-hour window with zero token burns as particularly concerning, noting the metric previously provided psychological support during downturns. With selling pressure accelerating and no visible catalysts on the horizon, the path of least resistance appears downward.

Will SHIB Price Hit 1?

Based on a rigorous analysis of the provided technical data and market sentiment, the prospect of SHIB reaching a price of 1 USDT in the foreseeable future is effectively zero. This is not a reflection of short-term bearishness but a mathematical reality based on its current valuation and market structure. Let's examine the data: