thecryptobasic.com
Shiba Inu has recorded its first-ever weekly death cross this year, as investors shift their focus to 2026, when new catalysts could influence its price trajectory.
2025 has been a challenging year for many crypto investors, and Shiba Inu holders have felt the impact. Investors who bought SHIB at the start of the year have seen their positions shrink by about 66.8%.
Analysts attribute this steep decline to macroeconomic pressures and internal challenges within the Shiba Inu ecosystem.
Notably, several technical indicators signaled Shiba Inu’s weakness well before the sell-off intensified. Among them was the repeated formation of death crosses on SHIB’s price chart.
Throughout the year, Shiba Inu printed multiple death crosses on the daily timeframe. The first occurred in February and another in September, with each reinforcing this bearish trend.
First Weekly Death Cross Spotted on Shiba Inu Chart
However, SHIB posted its first weekly death cross of 2025 in early November, marking a significant technical breakdown. This signal emerges when a short-term moving average, such as the 50-day MA, drops below the 200-day MA.
It appeared on the weekly timeframe in November, confirming a sustained loss of momentum and reinforcing the token’s bearish outlook.
Notably, this weekly death cross emerged weeks after Shiba Inu and the broader crypto market suffered a sharp collapse on October 10. During that flash crash, SHIB lost the key $0.00001 psychological level and eventually plunged to a low of $0.000007448.
As expected, the move triggered widespread panic among SHIB holders, which ultimately contributed to the formation of the first-ever weekly death cross. Although Shiba Inu has attempted multiple rebounds since then, each recovery has proven short-lived.
Most recently, SHIB dipped to $0.000007 earlier today before briefly rebounding to around $0.000007, highlighting the market’s continued fragility.
What’s Coming for Shiba Inu in 2026?
Following the sharp downturn across the crypto market, investors are now looking ahead to 2026 to assess Shiba Inu’s prospects. Momentum is gradually building as several potential catalysts come into view, particularly the possible passage of the CLARITY Act, which could help draw institutional capital into the broader digital asset market.
In addition, the expansion of Shiba Inu’s ecosystem is expected to impact SHIB’s performance next year. According to marketing lead Lucie, Shiba Inu’s cryptography partner, Zama, plans to deploy its Fully Homomorphic Encryption (FHE) technology on Shibarium by early next year.
While this upgrade is expected to enhance privacy and security on the network, Lucie noted that it could also attract developers interested in building privacy-focused smart contracts on Shibarium.
In addition, 2026 could also mark SHIB’s first exposure to a U.S. spot ETF. Asset management giant T. Rowe Price has filed for a basket ETF that lists Shiba Inu among its potential holdings. This development could, in turn, encourage other asset managers to pursue a standalone SHIB ETF in the United States.
Notably, even if these catalysts materialize, their impact on SHIB’s price and adoption may unfold gradually.