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Shiba Inu Price Prediction for Feb 28: Consolidation or Breakout?

Shiba Inu is currently exploring one of its toughest phases as of yet. The token has long been stuck in a vicious price range loop, a circle where it’s unable to break past the $0.000006 price range. What does the next phase of the Shiba Inu cycle look like? Will it be able to turn the tables around for the better?

Also Read: Bitcoin Price Prediction For Feb’ End: BTC’s Fight to Flight Mode On

Shiba Inu Price Prediction: New Details Emerge

Shiba Inu Resumes its Soaring Burn Streak, Spikes by 120%
Source: Shib Army News

Shiba Inu has long been stuck at a price range of $0.000006, unable to break past it. Per the latest data by CoinMarketCap, SHIB is now down 5% in the last week, exploring the lowest levels pertaining to the $0.000005 price range. However, its ecosystem calls signalling a reversible change are now growing out loud, with many of them stating how SHIB has already endured the worst of the cycle. That being said, the majority of the investors have also been treating the new price threshold of SHIB as a suitable accumulation zone for future gains.

Furthermore, Shiba Inu has long been projecting bullish signals. Per Javon Marks, the token has been hinting at a possible breakout, waiting for the right time to strike, once market momentum is stable enough to support the asset taking a new shape.

“Price breakout has followed the bullish divergences in $SHIB! An over 246% run to the $0.000032 divergence targeted area can be initiated here with the price breakout and additional bull divergence… (Shiba Inu).

Opposing Opinions

However, another notable expert, Ali Martinez, has shared a contrasting SHIB forecast. Per Martinez, Shiba Inu’s price recovery depends heavily on its ability to hold the $0.000006 price level. However, at press time, the token has slipped past those levels, sitting at $0.000005910, losing critical support.

Murmurs around the upcoming clarity bill may help the token establish new support, as the proposed framework could bring much-needed structure to the currently depressed crypto market.

Shiba Inu Technical Breakout Timeline

According to Shiba Inu CoinCodex Stats, SHIB may surge and spike to hit a new low of $0.000005941 by February 28, 2026.

SHIB STATSSHIB STATS
Source: CoinCodex

“Shiba Inu may hit $ 0.0₅7417 by the end of 2026 (+25.24% compared to current rates), $ 0.0₅3517 by 2030 (-40.62%), $ 0.0₅1387 by 2040 (-76.57%), and $ 0.0₅6025 by 2050 (+1.74%). All values represent end-of-year price estimates according to our models.”

Also Read: Can Shiba Inu (SHIB) Turn Small Money Into Life-Changing Gains Again?

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