Shiba Inu recovered this week, rising from $0.00000474 to $0.00000551, a 17% increase as the crypto bulls pushed through policy and macroeconomic headwinds.
The wider crypto market rebounded after the Fed on Wednesday decided to raise its benchmark rate by a quarter percentage point to a range between 3.75% and 4%. The failure of the Clarity Act bill earlier in the week did not deter bulls as bitcoin and altcoins rallied instead.
In a positive development that further boosted crypto prices, the Securities and Exchange Commission on Thursday issued an order creating a regulatory pathway for certain trading venues to issue tokenized representations of publicly traded U.S. stocks, effective immediately.
You Might Also Like
Fri, 09/11/2026 - 10:45 125.3 Billion SHIB Moved to Fresh Wallet as Whale Activity Heats UpByTomiwabold Olajide
HOT Stories Uniswap (UNI), Near Protocol (NEAR), Hyperliquid (HYPE) and Bitcoin (BTC) Price Analysis For September 19: Bulls Try to Grab Market Flows Millions Worth of XRP Shorts Get Liquidated as Price Surges to $1.4
SHIB price rose for three consecutive days, now entering its fourth and completing a golden cross on its hourly chart.
SHIB/USD 1 Hour Chart, Image by TradingView
The 50 MA rose above the 200 MA on the hourly chart, completing a golden cross. This follows shortly after a death cross emerged on the 4-hour chart on Thursday, September 17, 2026.
SHIB to $0.000006?
Shiba Inu invalidated a death cross signal on its four-hour chart, rebounding shortly after the signal emerged. Shiba Inu started rising on Wednesday, September 16, 2026, from a low of $0.00000474 in tandem with the broader crypto market rise, with the death cross emerging a day later (Thursday).
You Might Also Like
Sat, 09/19/2026 - 03:00 Shiba Inu (SHIB): +468 Million Tokens Added, Bears May Be ExhaustedByArman Shirinyan
The rise continued, breaking the daily MA 50 and 200 at $0.00000502 and $0.00000529 to hit $0.00000551.
The next target for the bulls is in the $0.000006 range, while a major hurdle at $0.00000575 must be conquered. In the meantime, a slight barrier lies at $0.00000558, but SHIB is likely to overcome it once it sees immense buying pressure.
A retest of the $0.00000623 level and a decisive breach above it will create a foothold for the bulls above the $0.000006 level.
According to Glassnode, altcoin leverage is still sitting below its risk threshold, with overheated conditions not currently met, indicating the potential for altcoins to run further. On the other hand, if overheated conditions are confirmed in the market, a retrace might cut short Shiba Inu's journey towards the $0.000006 range.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
