Tag: price prediction

Shiba Inu (SHIB) Builds ‘Bull Combo’: Will Weekly Chart Finally Delete a Zero?
Key Highlights
- Shiba Inu ($SHIB) forms a classic bullish RSI divergence on the weekly chart while trading near a local bottom at $0.00000547, signaling potential seller exhaustion.
- The token has posted a 6.72% weekly gain and established local support, but faces critical resistance at the 200-week moving average near $0.0000122.
- A confirmed breakout above the 200-week MA is required to validate the bullish setup and potentially remove another zero from SHIB’s price.
Bullish RSI Divergence Emerges on Shiba Inu Weekly Chart

A rare technical configuration has materialized on Shiba Inu ($SHIB) that has caught the attention of cryptocurrency analysts and traders. The meme-inspired asset is currently trading near its local bottom at $0.00000547, reflecting a 6.72% weekly gain. More significantly, the weekly chart displays a textbook bullish Relative Strength Index (RSI) divergence, a pattern that historically precedes trend reversals after prolonged downtrends.

Over the past several months, SHIB’s price action has consistently printed lower lows. However, the RSI oscillator on the weekly timeframe has countered this trajectory by forming a series of higher lows. This negative correlation between price momentum and the indicator typically signals that selling pressure is waning and that a hidden influx of liquidity may be accumulating beneath the surface. The divergence suggests the bearish trend is running out of steam, providing a technical foundation for a potential recovery.

Local Support Holds as Moving Averages Come Into Focus

Buyers have successfully established a local support level, halting aggressive bearish momentum and reducing the probability of further near-term declines. The current green weekly candle has allowed the price to defend critical lows, while the asset attempts to convert short-term moving averages into dynamic support zones. Such price stabilization, combined with the RSI divergence, often precedes impulsive breakouts from extended consolidation or downtrend phases, according to technical analysis sourced from TradingView.

Critical Resistance Looms at the 200-Week Moving Average

Despite the constructive technical signals, the path to “removing another zero” from SHIB’s price remains obstructed by a formidable barrier. The primary resistance sits significantly higher at $0.0000122, where the 200-week moving average (MA) resides. This long-term trend filter acts as the principal overhead resistance on the broader chart and has historically rejected price advances, often triggering deep corrections when tested.

For the current bullish combo to evolve into a sustained uptrend, a decisive breakout above the 200-week MA is essential. Until that level is reclaimed, the market remains under strong psychological pressure, and the recent surge risks being classified as a temporary rebound rather than a trend reversal. The asset’s trajectory hinges entirely on whether buying momentum can accumulate sufficiently to penetrate this key moving average.

Why This Matters

The formation of a bullish RSI divergence on the weekly timeframe represents one of the most closely watched reversal signals in technical analysis, particularly for assets that have endured prolonged bear markets. For Shiba Inu, a token with a massive circulating supply and a dedicated retail following, the psychological milestone of “removing a zero” carries outsized narrative weight. A successful break of the 200-week MA would not only validate the divergence but could also reignite speculative interest and liquidity flows into the SHIB ecosystem. Conversely, failure at this resistance would likely extend the consolidation phase, testing the resolve of long-term holders and potentially inviting further downside toward the established local bottom.

Frequently Asked Questions

What is the current price of Shiba Inu and its weekly performance?

As of the latest analysis, Shiba Inu ($SHIB) is trading near $0.00000547, reflecting a 6.72% gain on the weekly chart.

What is the key technical signal supporting a potential SHIB rally?

A classic bullish RSI divergence has formed on the weekly timeframe, where price has made lower lows while the RSI has printed higher lows, indicating exhausted selling pressure.

What is the main resistance level SHIB must overcome to confirm an uptrend?

The critical resistance is the 200-week moving average at approximately $0.0000122. A confirmed breakout above this level is necessary to validate the bullish setup and target higher prices.
09/19/2026
Standard Chartered Predicts Arbitrum’s ARB Could Surge 70x to $10, Citing Robinhood Chain Revenue
Arbitrum token holders currently have no direct claim on the revenue generated by Robinhood Chain, a risk factor highlighted by analyst Kendrick in a recent research note. According to a CoinDesk report earlier this month, Robinhood Chain directs 10% of its net protocol revenue into the Arbitrum ecosystem. That allocation splits 8% to the DAO treasury and 2% to a developer fund, with zero flow directly to $ARB token holders at this stage.

Robinhood Chain Growth Driven by Memecoin Activity

While Kendrick’s long-term thesis centers on traditional-finance users adopting tokenized assets, Robinhood Chain’s early traction has arrived from a different demographic. Memecoin launchpads and trading applications have supplied much of the network’s initial activity, even though the chain was architected primarily around tokenized stocks and other traditional asset classes.

Revenue Metrics Show Rapid Scaling

The financial data underscores the chain’s quick ramp. In July, Robinhood Chain paid approximately $360,000 in licensing fees, accounting for 35% of Arbitrum DAO income for the month. By September 1, the chain was generating $3.75 million in user fees and transmitting roughly $370,000 to Arbitrum over a 24-hour period.

Tokenization Thesis and Price Targets

Kendrick projects that $4 trillion of traditional assets will be tokenized by the end of 2028, with Arbitrum positioned to capture an expanding share of the underlying infrastructure. Based on that trajectory, he forecasts the following price targets for $ARB:
- Year-end 2024: $0.50
- 2027: $1.50
- 2028: $3.50
- 2029: $6.50
- 2030: $10.00
The forecast hinges on Arbitrum’s ability to convert its current memecoin-driven volume into sustainable infrastructure revenue as tokenized traditional assets come online.
09/15/2026
Trading Expert Sets Bitcoin’s Price for End of October 2026

Bitcoin Price Analysis: Key Support Trendline Holds $61,500 Downside Target for Late 2026

Bitcoin (BTC) could decline to $61,500 by the end of October 2026 if a critical support trendline fails, according to a technical analysis published by TradingShot on September 11. The bearish outlook draws parallels to chart patterns that preceded Bitcoin’s two largest sell-offs earlier this year.

Repeated 50-Week MA Rejection Forms Bearish Arc Pattern

The analyst noted that Bitcoin has been rejected by its 50-week moving average (MA) for three consecutive weeks. This repeated rejection has generated bearish momentum and formed an arc pattern that closely resembles the structures preceding the January and May 2026 market tops.

The May peak is highlighted as particularly relevant because Bitcoin was rejected at the 200-day MA — a situation analogous to the current rejection at the 50-week MA. Both earlier patterns were followed by sharp corrections.

Bitcoin price analysis chart. Source: TradingView

Higher-Lows Trendline Break Could Confirm New Bearish Leg

Traders should closely monitor Bitcoin’s higher-lows trendline, which has acted as critical support during the current recovery phase. The analysis indicates that in both January and May, a breakdown below this trendline triggered aggressive selling pressure and accelerated Bitcoin’s decline. A similar breakdown now would likely confirm a new bearish leg for the market.

Adding to the bearish case, the daily Relative Strength Index (RSI) structure closely mirrors the formations that developed before the previous two corrections, reinforcing the possibility of another downside move.

$61,500 Target Based on 3.5 Fibonacci Extension

If the higher-lows trendline breaks, the expert expects Bitcoin to decline toward the 3.5 Fibonacci extension level at $61,500. This bearish target is derived from Bitcoin’s previous two major corrections in 2026, both of which bottomed at the 3.5 Fibonacci extension while the daily RSI dropped to 15.80. The analyst noted that a similar RSI reading could signal another market bottom.

Bearish Invalidation and Key Support Levels

The bearish outlook would be invalidated if Bitcoin closes a weekly candle above the 50-week MA. The analyst also highlighted the 250-week MA as a key support level after it held the July 1 low. A breakout above the 50-week MA could potentially confirm a new bull cycle.

Short-Term Outlook: Consolidation With $78,000 as Key Resistance

Separately, market analyst Michaël van de Poppe maintained a more constructive short-term outlook in an X post on September 14, noting that Bitcoin remains in a consolidation phase.

Nothing has changed on #Bitcoin as it’s still consolidating here.I’d much rather want to see that we’re breaking through $78,000 as that would trigger strength on #Altcoins.The crucial one, if that breaks, we’re likely running towards new highs in the upcoming weeks. pic.twitter.com/XT7E0LqprY
— Michaël van de Poppe (@CryptoMichNL) September 14, 2026

According to his analysis, the key level to watch is $78,000. A breakout above that resistance could strengthen momentum across the broader cryptocurrency market, particularly altcoins. The analyst suggested that clearing $78,000 would increase the likelihood of Bitcoin advancing toward new highs in the coming weeks.

Meanwhile, as of press time, Bitcoin was trading at $78,013, up about 1.7% over the past 24 hours. On the weekly chart, the cryptocurrency remained down 1.5%.

Featured image via Shutterstock

09/14/2026