Shiba Inu Price Outlook: Technical Signals Suggest Bears Are Taking Control

Jakarta, Pintu News – One of Shiba Inu’s (SHIB) leading indicators is showing a bearish signal on the daily chart, adding pressure to the price of the popular meme coin.

The price gains that were made in early January are now rapidly losing steam, and key indicators are reinforcing that signal. In particular, the Shiba Inu has broken below the middle band on the Bollinger Band indicator – a bearish signal that is commonly noticed by analysts.

Bearish pressure on Shiba Inu intensifies

Sentiment towards the Shiba Inu ecosystem briefly shifted in a positive direction after a promising start to the year. Since January 1, the token’s price surged by 46% and peaked at $0.00001009 on January 5.

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During this period, SHIB briefly breached the upper band of the Bollinger Band indicator, which usually signals a strong uptrend. However, instead of continuing its bullish rally, the leading meme token lost its momentum as the overall market trend weakened.

The pressure from the bearish side is getting stronger, causing the price of SHIB to drop about 22% from its highest level in January to reach its current price at $0.0000078 according to data from CoinMarketCap. This sideways trend has also seen Shiba Inu drop below the middle band of the Bollinger Band.

What this means for Shiba Inu

It should be noted that the middle band in the Bollinger Band indicator is the 20-day Simple Moving Average (SMA), which is used to identify short-term market trends. SHIB briefly broke above this indicator on January 2, which pushed it to reach the upper band of the Bollinger Band.

However, as the bullish momentum eased, SHIB declined by 4.3% on Sunday and fell below the middle band. Losing this important support point signals short-term bearish pressure and opens up the possibility of further declines.

Shiba Inu continues to move away from the middle band, confirming a trend shift. If this pressure continues, the next support level is around the lower band of the Bollinger Band, which is currently at $0.0000073.

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Important Notes to Note

Despite losing the 20-day SMA, this does not mean the end for the Shiba Inu. Bullish market participants still have the opportunity to push for a recovery. In addition, the general crypto market sentiment can change quickly, which will certainly have an impact on the price of this meme coin.

Therefore, this analysis only reflects current market conditions based on technical indicators, and is not a prediction of future prices for Shiba Inu, let alone financial advice.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• The Crypto Basic. Shiba Inu Bears Take Over As Major Indicator Signals More Price Declines. Accessed on January 20, 2026