SHIB is trading at $0.000006929 below major moving averages, keeping the broader trend bearish. $0.00000667 remains the most important support level in the nearSHIB is trading at $0.000006929 below major moving averages, keeping the broader trend bearish. $0.00000667 remains the most important support level in the near

Shiba Inu (SHIB) Price Prediction For February 2026: Can Bulls Reclaim Momentum?

2 min read

Shiba Inu (SHIB) is currently at a critical juncture from a technical standpoint that will help to decide whether we see a relief rally in the month of February or further downside.

SHIB’s current price action is an important warning by an analyst that Shiba Inu has to hold, and the projection of SHIB’s price as February approaches to determine what potential price action there is for SHIB moving forward. At press time, the coin is trading at $0.000006929 with a decline of 0.81% over the past 24 hours.

Chart Indicates A Downtrend Still In Control

According to the TradingView data, trade volume and price of SHIB continue to closely follow the overall market. It represents a bearish view of price action as Shiba Inu continues to trade below both the 50-day and 200-day moving averages.

SHIB’s failure to reclaim the $0.0000078-$0.0000079 range has confirmed that this range has strong resistance. Additionally, Shiba Inu’s RSI is falling into the mid-30s from the previous month’s high of over 50 and indicates the potential for continued weakening momentum, as well as a potential loss of support.

Source: TradingView

Also Read: Shiba Inu Price Prediction 2026-2032: Will SHIB Skyrocket Soon?

Ali Charts Flags Crucial Support

According to crypto analyst Ali Charts, SHIB can only maintain a bullish outlook if it can stay above the $0.00000667 critical support level. If SHIB can hold support at this level, it may be able to rebound short-term.

However, if it breaks below this level, the downward price movement will accelerate toward the historical demand zone lower than this support level.

https://twitter.com/alicharts/status/2018550389071864015?s=20

Forecast suggests Limited but Notable Upside

According to CoinCodex data, the prediction for SHIB price movement in February is between $0.00000671 and $0.00000788, with an average price for February at approximately $0.00000710, or a 14.37% increase in value on a monthly basis. These all suggest a potential technical bounce if buyers can hold the current level of support/stability.

Source: Coincodex

February will be a critical turning point for SHIB due to the break of substantial levels, offering an opportunity for a possible short-term recovery or a continuation of the recent trend.

Overall, until SHIB can re -establish itself above the major moving averages, the short to medium-term outlook will continue as cautiously bearish, with some limited upside opportunities.

Also Read: Shiba Inu Surges Toward $0.0000195 After Support Hold

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 [email protected] 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

Woman shot 5 times by DHS to stare down Trump at State of the Union address

Woman shot 5 times by DHS to stare down Trump at State of the Union address

A House Democrat has invited Marimar Martinez to attend President Donald Trump's State of the Union address in Washington, D.C., after she was shot by Customs and
Share
Rawstory2026/02/06 03:36
What is Play-to-Earn Gaming? Unlocking New Possibilities

What is Play-to-Earn Gaming? Unlocking New Possibilities

The post What is Play-to-Earn Gaming? Unlocking New Possibilities appeared on BitcoinEthereumNews.com. The Play-to-Earn (P2E) model is playing a key role in the advancement of the crypto industry. Users are able to earn crypto by playing games and get involved with global communities of gamers, creators, and developers. In this article, we’ll explore the functionalities of P2E gaming, its core features, potential risks, benefits, legal issues, and highlight some of the most impactful games shaping the Web3 gaming frontier.  What is Play-to-Earn Gaming? As its name implies, you gain rewards for playing the game. Players in Play-to-Earn games get involved with blockchain networks and can receive crypto assets or NFTs as prizes. The assets you acquire can be sold, traded or kept as an investment to see if their value rises. In Axie Infinity, players gathered and combated Axies, which are fantastical creatures. The game gave players SLP, a coin that works the same as money and could be traded for fiat currencies or other coins. Due to its success, it has grown into a more advanced and eco-friendly economy on current gaming platforms. How P2E Works? Most P2E gaming relies on Ethereum and Layer 2 networks, including Immutable, Ronin, and Base. Users are given both tokens and NFTs for accomplishing various game goals, such as: Completing missions or winning battles Trading or crafting in-game items Participating in tournaments or community events Staking assets or voting in DAOs The main difference between P2E games and traditional ones is that players can truly own what they earn in the game. Weapons, land, avatars, and resources on the Web3 game are tokenized, enabling you to trade or transfer them elsewhere. For example, users in Decentraland are able to purchase virtual land as NFTs, set up experiences and earn money from events or the services they provide. They are different from other items since they…
Share
BitcoinEthereumNews2025/09/19 21:33
DBS Partners With Franklin Templeton and Ripple for Tokenized Lending Platform

DBS Partners With Franklin Templeton and Ripple for Tokenized Lending Platform

TLDR DBS Digital Exchange, Franklin Templeton, and Ripple signed a memorandum of understanding to launch tokenized trading and lending services on the XRP Ledger DBS will list Franklin Templeton’s sgBENJI token alongside Ripple’s RLUSD stablecoin, allowing real-time swaps for institutional investors The partnership enables portfolio rebalancing and yield generation during volatile market conditions through tokenized [...] The post DBS Partners With Franklin Templeton and Ripple for Tokenized Lending Platform appeared first on CoinCentral.
Share
Coincentral2025/09/18 17:06