Shiba Inu Price Prediction: Will SHIB Rise or Continue to Fall in 2026?

Jakarta, Pintu News – As of March 3, Shiba Inu (SHIB) was trading at $0.00000538, down about 1.84% in the last 24 hours. A number of technical indicators as well as derivatives market data further corroborate the view that the trend is still very bearish. As there are no clear catalysts to drive a reversal, market participants continue to closely monitor any signals of a change in structure.

Overall, SHIB’s performance looks bleak. In the last 7 days, SHIB corrected 9.62%; in the last 30 days it fell 20.8%; and in the last 90 days it weakened by around 40%.

Technical Structure Confirms Downtrend

On the daily chart (3/3), SHIB is still forming a lower high and lower low pattern. The price is moving close to the support area around $0.00000508, while the closest resistance is at $0.00000726, which is a zone that has been a breakdown point before and triggered several failed rebounds.

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Recovery attempts were repeatedly stifled before being able to reclaim resistance above the price. This pattern confirms the inability of buyers to change momentum. As long as these levels are not broken and maintained, the most likely trend remains to the downside.

The momentum indicator also confirms this bearish structure. The Aroon Oscillator hovers around -71, indicating strong trend dominance on the part of sellers as well as weak bullish impetus. The Awesome Oscillator is still below the zero line, with a red histogram indicating continued downward momentum.

Although there is a small sign that the selling pressure is starting to ease a little, there is no decisive reversal on either indicator yet. The trend is still holding and remains vulnerable to further weakness.

Derivatives Market Reflects Bearish Positioning

Market data also reinforced the bearish scenario. Futures volume stood at $201 million, much higher than spot volume of $37.4 million. This gap indicates dominant derivative activity relative to organic buying interest.

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Meanwhile, open interest was recorded at $60.8 million, with SHIB’s total market capitalization hovering around $3.15 billion.

The open interest-weighted (OI-weighted) funding rate shows a fairly firm signal. Based on Coinglass data, funding tends to be in negative territory in recent days. This suggests market participants taking short positions are willing to bear the cost of maintaining their positions, signaling a strong market tendency towards bearishness.

There were sporadic spikes in positive funding, but each spike was short-lived and unsustainable.

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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 are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coinpaper. Shiba Inu Price Prediction: Will SHIB Recover or Drop Further in 2026? Accessed on March 4, 2026