{"id":67108,"date":"2026-01-27T18:41:45","date_gmt":"2026-01-27T18:41:45","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/shiba-inu-price-eyes-breakout-amid-tightening-wedge-pattern\/"},"modified":"2026-01-27T18:41:45","modified_gmt":"2026-01-27T18:41:45","slug":"shiba-inu-price-eyes-breakout-amid-tightening-wedge-pattern","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/shiba-inu-price-eyes-breakout-amid-tightening-wedge-pattern\/","title":{"rendered":"Shiba Inu price eyes breakout amid tightening wedge pattern"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/01\/shiba-inu-price-logo-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/01\/shiba-inu-price-logo-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/01\/shiba-inu-price-logo-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/01\/shiba-inu-price-logo-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\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\u2011chain 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\u2019s 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.\u200b<\/p>\n<h2>Shiba Inu price prediction: why SHIB tracks a potential breakout<\/h2>\n<p>As noted, Shiba Inu\u2019s 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 loading=\"lazy\" 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 href=\"https:\/\/www.tradingview.com\/symbols\/SHIBUSD\/\" target=\"_blank\" rel=\"noopener\">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\u202fcritical 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\u2011beta 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<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/shiba-inu-price-eyes-breakout-amid-tightening-wedge-pattern\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) 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 [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":67109,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/67108"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=67108"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/67108\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/67109"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=67108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=67108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=67108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}