Shiba Inu (SHIB) Starts 2026 Strong but Faces Momentum Loss, Key Support at $0.000008
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 10 2026- Strong Start: Shiba Inu surged between January 1 and 5, peaking at $0.00001017 on January 5, marking its highest price since November 2025, which captivated the crypto community, although the market quickly corrected thereafter.
- Price Correction: Following four consecutive days of losses starting January 6, SHIB's price dipped to $0.00000846, indicating that the earlier bullish momentum could not be sustained, yet the weekly performance remains positive with a 9.58% increase.
- Key Support Level: The 50-day moving average currently stands at $0.000008, and if SHIB can hold above this level, it may regain upward momentum with targets set at $0.00001 and $0.000011.
- Community Confidence: Despite the volatility, the SHIB community remains optimistic, with team member Lucie encouraging supporters on social media to stay strong, emphasizing the importance of belief, suggesting that the current dip could represent a buying opportunity.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
