The post SHIB Price Prediction: Analysts Target $0.0000085 by Month-End Amid Technical Recovery appeared on BitcoinEthereumNews.com. Terrill Dicki Feb 02, 2026The post SHIB Price Prediction: Analysts Target $0.0000085 by Month-End Amid Technical Recovery appeared on BitcoinEthereumNews.com. Terrill Dicki Feb 02, 2026

SHIB Price Prediction: Analysts Target $0.0000085 by Month-End Amid Technical Recovery

4 min read


Terrill Dicki
Feb 02, 2026 15:44

SHIB price prediction shows potential 22% upside to $0.0000085 resistance level according to recent analyst forecasts, with technical indicators suggesting mixed signals for February 2026.

SHIB Price Prediction Summary

• Short-term target (1 week): $0.0000070-$0.0000075
• Medium-term forecast (1 month): $0.0000080-$0.0000085 range
• Bullish breakout level: $0.0000085
• Critical support: $0.0000065

What Crypto Analysts Are Saying About Shiba Inu

Recent analyst commentary from early January provides insight into SHIB’s trajectory. Peter Zhang highlighted in his January 2 analysis that “SHIB price prediction shows potential 22% upside to $0.0000085 resistance level, with bullish MACD momentum supporting near-term recovery despite neutral RSI conditions.”

Jessie A Ellis echoed similar sentiment on the same date, pointing to the same $0.0000085 target level with approximately 22% upside potential from current price levels.

While specific analyst predictions from the past 24 hours are limited, on-chain metrics from platforms like CryptoQuant and Glassnode continue to provide valuable insights into SHIB’s market positioning and potential price movements.

SHIB Technical Analysis Breakdown

Current technical indicators paint a mixed picture for Shiba Inu’s near-term outlook. The token is trading with a 24-hour gain of 6.06%, showing some positive momentum despite broader technical challenges.

The RSI reading of 38.02 places SHIB in neutral territory, suggesting neither overbought nor oversold conditions. This neutral positioning provides room for movement in either direction based on market catalysts.

The MACD histogram reading of 0.0000 indicates bearish momentum remains present, though the recent price action suggests this bearish trend may be weakening. The Bollinger Band position at 0.1486 shows SHIB trading near the lower band support, which historically has provided bounce opportunities.

With a 24-hour trading volume of $12,898,150 on Binance spot markets, liquidity remains adequate for institutional and retail participation.

Shiba Inu Price Targets: Bull vs Bear Case

Bullish Scenario

The bullish case for SHIB centers around the analyst-identified $0.0000085 resistance level. A successful break above current levels could see the token advance toward this target, representing the 22% upside potential identified by recent forecasts.

Technical confirmation would require sustained trading above the middle Bollinger Band and RSI moving above 50. Additionally, MACD histogram turning positive would signal strengthening bullish momentum.

A breakout above $0.0000085 could open the door to test higher resistance levels around $0.000009-$0.00001 range.

Bearish Scenario

The bearish scenario involves a failure to hold current support levels, with downside risk toward the $0.0000065 area. The current MACD bearish momentum suggests sellers remain active.

A break below the lower Bollinger Band with increasing volume would signal potential for further decline toward stronger support zones. RSI falling below 30 would indicate oversold conditions but could precede additional selling pressure.

Risk factors include broader cryptocurrency market weakness and reduced meme coin speculation activity.

Should You Buy SHIB? Entry Strategy

For traders considering SHIB positions, the current technical setup suggests a wait-and-see approach may be prudent. Entry points around $0.0000067-$0.0000070 could provide better risk-reward ratios.

A stop-loss below $0.0000065 would limit downside exposure while allowing participation in any upward momentum toward the $0.0000085 target.

Risk management remains crucial given SHIB’s high volatility profile. Position sizing should account for potential 20-30% daily price swings common in meme coin trading.

Conclusion

The SHIB price prediction for February 2026 suggests cautious optimism, with analyst targets pointing toward $0.0000085 representing 22% upside potential. However, current technical indicators show mixed signals, with bearish MACD momentum offsetting neutral RSI conditions.

The Shiba Inu forecast depends heavily on broader market sentiment and the token’s ability to break above current resistance levels. While the potential for gains exists, traders should remain mindful of the inherent volatility in meme coin markets.

This analysis is for informational purposes only and should not be considered financial advice. Cryptocurrency investments carry significant risk, and past performance does not guarantee future results. Always conduct your own research before making investment decisions.

Image source: Shutterstock

Source: https://blockchain.news/news/20260202-price-prediction-target-shib-analysts-00000085-by-month-end-amid

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

What Would Happen If Amazon Were To Incorporate XRP Into Its Services?

What Would Happen If Amazon Were To Incorporate XRP Into Its Services?

Rumors of an alliance between XRP and multinational tech giant Amazon are circulating across the market once again. A crypto market expert has shared what could
Share
Bitcoinist2026/02/04 00:00
UK Looks to US to Adopt More Crypto-Friendly Approach

UK Looks to US to Adopt More Crypto-Friendly Approach

The post UK Looks to US to Adopt More Crypto-Friendly Approach appeared on BitcoinEthereumNews.com. The UK and US are reportedly preparing to deepen cooperation on digital assets, with Britain looking to copy the Trump administration’s crypto-friendly stance in a bid to boost innovation.  UK Chancellor Rachel Reeves and US Treasury Secretary Scott Bessent discussed on Tuesday how the two nations could strengthen their coordination on crypto, the Financial Times reported on Tuesday, citing people familiar with the matter.  The discussions also involved representatives from crypto companies, including Coinbase, Circle Internet Group and Ripple, with executives from the Bank of America, Barclays and Citi also attending, according to the report. The agreement was made “last-minute” after crypto advocacy groups urged the UK government on Thursday to adopt a more open stance toward the industry, claiming its cautious approach to the sector has left the country lagging in innovation and policy.  Source: Rachel Reeves Deal to include stablecoins, look to unlock adoption Any deal between the countries is likely to include stablecoins, the Financial Times reported, an area of crypto that US President Donald Trump made a policy priority and in which his family has significant business interests. The Financial Times reported on Monday that UK crypto advocacy groups also slammed the Bank of England’s proposal to limit individual stablecoin holdings to between 10,000 British pounds ($13,650) and 20,000 pounds ($27,300), claiming it would be difficult and expensive to implement. UK banks appear to have slowed adoption too, with around 40% of 2,000 recently surveyed crypto investors saying that their banks had either blocked or delayed a payment to a crypto provider.  Many of these actions have been linked to concerns over volatility, fraud and scams. The UK has made some progress on crypto regulation recently, proposing a framework in May that would see crypto exchanges, dealers, and agents treated similarly to traditional finance firms, with…
Share
BitcoinEthereumNews2025/09/18 02:21
Xgram Launches Private USDT ERC20 to XMR Swaps

Xgram Launches Private USDT ERC20 to XMR Swaps

San Jose, Costa Rica  Xgram.io, a leading non-custodial multichain cryptocurrency exchange platform, today announced the availability of private swaps for the USDT
Share
AI Journal2026/02/04 00:04