Shiba Inu Price Prediction: SHIB Hits 3-Year Low – Is It Headed to $0?
Shiba Inu just plunged to its lowest valuation since 2023—a gut-check moment for the meme coin that once roared. The charts don't lie: SHIB's price action looks more like a cliff than a dip.
What's Behind the Freefall?
Market sentiment flipped bearish as traders rotated capital into blue-chip assets. No major protocol upgrades or ecosystem news arrived to cushion the fall—just pure, unfiltered gravity. The 'buy the dip' crowd stayed quiet this time.
The $0 Question
Zero isn't a price target; it's an extinction event. For SHIB to hit absolute zero, every holder would need to abandon ship simultaneously—unlikely given the cult-like community. But sustained selling pressure could push it toward penny-stock territory, where it becomes a rounding error on a brokerage statement. Remember: most traditional finance analysts still classify meme coins as 'entertainment expenses,' not investments.
Bottom Line
SHIB's crash serves as a brutal reminder that viral momentum has an expiration date. The coin now faces its toughest test: proving utility beyond the hype. Either it builds something lasting, or it becomes another cautionary tale in crypto's volatile history—right next to those 'guaranteed' altcoin picks your cousin won't stop talking about at Thanksgiving.
SHIB USD 1-week chart, life-long demand zone. Source: TradingView.
This level has consistently markedacross previous market cycles, but declining speculative demand casts doubt on whether it still carries that same weight.
As last week’s downside accelerated into the weekend, the new week has opened to $2.45 billion in liquidation. Long positions absorbed the bulk of the damage, accounting for $2.27 billion, while shorts saw just $180 million wiped out.
And market participants have shown little urgency to re-enter. Open interest has cratered by 15% to roughly $75 million, signalling broad de-risking rather than repositioning.
Speaking on the crash, Shibarium Core team member Lucie chalked it up to the typical cycle of “over-leverage, panic, forced selling, repeat,” shifting attention to the long-term outlook.
Shiba Inu Price Prediction: Is SHIB Going to $0?
Lucie could be right about SHIB, yet to show any notable breakdown of structure as it continues to respect the year-long consolidation of a falling wedge pattern.
The pattern is now nearing its apex, making the latest retest of the life-long launchpad demand zone a potential final low before breakout momentum is realised.
Momentum indicators suggest sellers may be losing control. The RSI has staged a sharp rebound from the 30 oversold threshold, signalling seller exhaustion and early buyer re-engagement.
The MACD is also back in an uptrend towards a potential golden cross above the signal line, often an early indicator that a mid-term uptrend is beginning to take shape on the daily chart.
The key threshold for a confirmed wedge breakout sits along a past demand zone at $0.00001.With a higher and firmer footing, the fullcould be realised.
And in a full-blown altseason with a more supportive macro backdrop, the step could credibly see gainsto all-time.
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