Technically, Shiba is in an Accumulation phase after a short rally at the beginning of the month.
Support: The critical level is $0.0000066. Breaking this level could lead to a drop towards the 2025 lows.
Resistance: The currency faces a wall at $0.0000077. A true breakout requires a close above $0.0000095 to return to test the lost "zero" levels ($0.00001).
Relative Strength Index (RSI): It is moving in the neutral zone (around 45-50), indicating no clear overbought or oversold conditions currently, and the market is waiting for a new 'spark'.
🔥 Fundamental Developments
What distinguishes Shiba in 2026 is its serious attempt to shed the 'meme coin' label and transform into a utility coin:
Burn Rate: It began in 2026 with a massive jump in burn rates (over 10,000% in one day), erasing hundreds of millions of coins. Despite the huge number, its effect on the price remains slow due to the massive trillion supply.
Privacy Update in Shibarium: There is anticipation for a launch of an update focusing on privacy within the 'Shibarium' network in the first half of this year, which may attract a new category of developers.
Developer's Message: Kaal Dhairya (one of the main developers) stated that 2026 is the year of 'utility and benefit' and not just 'hype'.
💡 Summary and Predictions
Optimistic Scenario: If the coin manages to break the $0.00001 level supported by the momentum of the meme coin sector, we could see a rise towards $0.000014 by mid-year.
Cautious Scenario: Continuing to oscillate between $0.0000065 and $0.0000080 as long as no new 'whales' enter the market.
Fellow's Advice: Shiba is a coin that relies 70% on sentiment and community, and 30% on technology. Do not invest more than you can afford to lose, as the zero in this coin could disappear suddenly.. or a twin could appear beside it!