{"id":76685,"date":"2026-01-27T18:01:51","date_gmt":"2026-01-27T18:01:51","guid":{"rendered":"https:\/\/coinjournal.net\/?p=359906"},"modified":"2026-01-27T18:01:51","modified_gmt":"2026-01-27T18:01:51","slug":"shiba-inu-price-eyes-breakout-amid-tightening-wedge-pattern","status":"publish","type":"post","link":"https:\/\/coinalsat.com\/en\/shiba-inu-price-eyes-breakout-amid-tightening-wedge-pattern\/","title":{"rendered":"Shiba Inu price eyes breakout amid tightening wedge pattern"},"content":{"rendered":"\n<ul>\n<li>Shiba Inu price trades near the resistance line of a falling wedge.<\/li>\n<li>If SHIB breaks out on robust volume, price targets include highs of $0.00001.<\/li>\n<li>Token holders are pulling assets off exchanges to signal bullish confidence.<\/li>\n<\/ul>\n<p>Shiba Inu (SHIB) is gaining fresh attention from traders as its price appears poised for a breakout, supported by a tightening wedge pattern on the daily chart.<\/p>\n<p>The token traded around $0.00000779, slightly up on the day as buyers ramp up pressure amid growing on&#8209;chain accumulation.<\/p>\n<p>Data shows Shiba Inu price boasts a bullish technical structure, with analysts noting a potential move higher is on the horizon.<\/p>\n<p>Dogecoin, Pepe and Floki are also poised for an uptick.<\/p>\n<h2>Shiba Inu: current price and market dynamics<\/h2>\n<p>As of late January 2026, Shiba Inu hovers around the 0.0000078 level, trading in a tight range after a recent bounce from near 0.0000075.<\/p>\n<p>Recent declines and upticks see the cryptocurrency tracking a long-term falling wedge pattern.<\/p>\n<p>The pattern prints each successive low higher than the last and the upper trendline slopes downward.<\/p>\n<p>This indicates diminishing selling pressure, signalling the consolidation phase could pave the way for a major breakout, especially if volume begins to pick up on the upside.<\/p>\n<p>While SHIB&#8217;s price remains well below its 2025 highs, buyers are upbeat and are actively pulling tokens off exchanges.<\/p>\n<p>In one instance, token holders pulled more than 29 million SHIB from crypto exchanges in the past 24 hours. The data suggests active accumulation as a factor, and that means likely reduction in selling pressure.<\/p>\n<p>Historically, large outflows from major exchanges have pointed to smart money accumulation, a phase that often proceeds price explosion.<\/p>\n<p>This happens when rising demand follows a downtrend, which is what analysts are predicting will be the case as memecoins wake up.&#8203;<\/p>\n<h2>Shiba Inu price prediction: why SHIB tracks a potential breakout<\/h2>\n<p>As noted, Shiba Inu&#8217;s technical outlook includes a falling wedge pattern on the daily chart.<\/p>\n<figure id=\"attachment_359908\" aria-describedby=\"caption-attachment-359908\" class=\"wp-caption alignnone\"><img data-source=\"CoinJournal\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-359908\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/01\/shiba-inu-price.png\" alt=\"Shiba Inu Price Chart\" width=\"1057\" height=\"571\"><figcaption id=\"caption-attachment-359908\" class=\"wp-caption-text\"><a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/SHIBUSD\/\">Shiba Inu price chart<\/a> by TradingView<\/figcaption><\/figure>\n<p>The token continues to trend lower, but is notably near the upper trend line amid signs of renewed buying interest.<\/p>\n<p>For bulls to confirm an upward breakout, the price would need to decisively clear resistance in the $0.0000085-$0.0000098 zone.<\/p>\n<p>Analysts say this should be on strong volume, with a surge above $0.00001&#8239;critical to near term continuation.<\/p>\n<p>Shiba Inu will benefit from positive vibes across the broader altcoin market, particularly if meme and utility tokens begin to gain traction.<\/p>\n<p>Bitcoin performance and investor appetite for high&#8209;beta tokens like SHIB will also be critical.<\/p>\n<p>Developments across the Shiba ecosystem, Shibarium, and merchant adoption could all provide additional tailwinds.<\/p>\n<p>The post <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/shiba-inu-price-eyes-breakout-amid-tightening-wedge-pattern\/\">Shiba Inu price eyes breakout amid tightening wedge pattern<\/a> appeared first on <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"\n<p>Shiba Inu price trades near the resistance line of a falling wedge. If SHIB breaks out on robust volume, price targets include highs of $0.00001. Token holders are pulling assets off exchanges to signal bullish confidence. Shiba Inu (SHIB) is gaining fresh attention from traders as its price appears poised for a breakout, supported by [&#8230;]<\/p>\n<p>The post <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/shiba-inu-price-eyes-breakout-amid-tightening-wedge-pattern\/\">Shiba Inu price eyes breakout amid tightening wedge pattern<\/a> appeared first on <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n","protected":false},"author":5,"featured_media":76686,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-76685","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Shiba Inu price eyes breakout amid tightening wedge pattern - CoinAlSat.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinalsat.com\/en\/shiba-inu-price-eyes-breakout-amid-tightening-wedge-pattern\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shiba Inu price eyes breakout amid tightening wedge pattern - CoinAlSat.com\" \/>\n<meta property=\"og:description\" content=\"Shiba Inu price trades near the resistance line of a falling wedge. If SHIB breaks out on robust volume, price targets include highs of $0.00001. Token holders are pulling assets off exchanges to signal bullish confidence. 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