Shiba Inu Price Forecast Points to 736% Surge by Late 2026
Shiba Inu (SHIB) has been experiencing a decline in recent weeks, mirroring the broader crypto market's weakness led by Bitcoin. Despite this downturn, analysts remain optimistic about SHIB's prospects for a rebound.
The Relative Strength Index (RSI) on X suggests that SHIB may be primed for a bullish reversal, as its price forms lower lows while the RSI makes higher lows. This is considered a regular bullish divergence in technical analysis.
Crypto analytics firm Whale Scan has projected that Shiba Inu could reach $0.00003–$0.00005 by late 2026, indicating a significant surge from its current price of $0.000005979. This forecast aligns with other bullish predictions, including Changelly at $0.0000142 and Telegaon at $0.0000543.