Shiba Inu (SHIB) shows signs of a potential trend reversal after a long-term downtrend. Despite the Shibarium Layer 2 network suffering a major attack in 2025 and a broader market crash, SHIB has recently compressed into a narrow trading range and shows signs of seller exhaustion. In late 2025 and early 2026, the token burn rate surged significantly, coupled with the whale sell-off halting in mid-December, which contributed to the recent rebound. Technically, the RSI indicates a possible local bottom, but SHIB remains below key moving averages. Analysts suggest that the price of gold could rise to $0.00001410, with a long-term target of returning to the $0.000035-$0.000049 range seen in November 2024.
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Shiba Inu (SHIB) shows signs of a potential trend reversal after a long-term downtrend. Despite the Shibarium Layer 2 network suffering a major attack in 2025 and a broader market crash, SHIB has recently compressed into a narrow trading range and shows signs of seller exhaustion. In late 2025 and early 2026, the token burn rate surged significantly, coupled with the whale sell-off halting in mid-December, which contributed to the recent rebound. Technically, the RSI indicates a possible local bottom, but SHIB remains below key moving averages. Analysts suggest that the price of gold could rise to $0.00001410, with a long-term target of returning to the $0.000035-$0.000049 range seen in November 2024.