Shiba Inu rose about 10% over the past 48 hours as traders monitored signs of a broader rebound in the crypto market. Analysts cited a potential bullish divergence in momentum as a catalyst, as stated by Javon Marks.
“With $SHIB’s RSI making Higher Lows and its prices making Lower Lows, this is considered a regular bullish divergence in technical analysis and suggests a strong possibility for a bullish reversal! A reversal can result in Shiba Inu recovering over 400% into the $0.000035 areas!” (Ed. note: Divergence signals potential reversal, not a guarantee.) Marks also said a similar pattern appears on Ethereum, which could push ETH toward $4.9K.
According to CoinCodex, SHIB may reach $0.000009378 by the end of 2026. CoinCodex published a range of end-of-year price estimates extending through 2050.
Developers plan ecosystem updates and a scheduled SHI stablecoin launch, which the report said could lift SHIB above those model estimates. Market participants continue to watch on-chain metrics and project milestones for confirmation.
