Shiba Inu (SHIB) price has faced heavy pressure since mid-September, falling by over 40% in just a few months. This sharp decline may raise doubts about whether the Shiba Inu token has bottomed or if there’s more pain ahead
TheCryptoBasic page on X shared insights suggesting that this might be a rare setup for SHIB price to recover and even surge if historical patterns repeat themselves.
SHIB token has seen a 62% drop since the start of the year and 20% over the past 30 days. While these numbers are daunting, the pattern is not unfamiliar. TheCryptoBasic points to a similar event over five years ago, when SHIB price peaked in August 2020 and then dropped 99% over 120 days. That correction led to a bottom in December 2020, followed by a massive rise in 2021, reaching $0.00008854.
Meme coins like Shiba Inu often experience deep corrections before bouncing back explosively. Observing SHIB’s current trajectory, some analysts believe it is nearing its next major rebound phase.
#ShibaInu: Analyst Says Some Huge Winners Will Come from Current Oversold Levels. #SHIB 🧵🧵🧵 pic.twitter.com/1SGh86KW6x
— TheCryptoBasic (@thecryptobasic) December 1, 2025
Technical Signals Suggest SHIB May Be Oversold
According to the commentary shared by TheCryptoBasic, SHIB token is approaching oversold territory. Technical analysis shows a 360-degree market cycle nearing completion after nearly a year of bearish trends. Meme coins, including Shiba Inu, typically bottom when broader trends align, and this seems to be happening now.
Further signals come from macro conditions. iShares Russell 2000 ETF is breaking out, and meme stocks are showing strength, suggesting a favorable environment for meme coins. Bitcoin dominance hitting multi-year highs and Ethereum approaching a potential bottom this month could also create catalysts for SHIB price to rise.
Timeline for Possible SHIB Surge
TheCryptoBasic notes that historical patterns and technical setups point to a window of opportunity between February and March 2026. If conditions align, SHIB token could produce significant gains for patient holders.
Interestingly, this projection aligns with a separate analysis by Meme Whale, which estimates that Shiba Inu could rally to a range between $0.001 and $0.01 by April 2026. Such a rise would represent an astonishing increase from the current price of $0.000008045, highlighting how volatile yet potentially rewarding meme coins can be.
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Looking at Shiba Inu price through the lens of historical cycles and technical patterns, it becomes evident that patience might be as valuable as timing. Past corrections that seemed painful ended up being the foundation for some of the strongest rallies in the SHIB token’s history. TheCryptoBasic emphasizes that missing these patterns could mean missing out on the next big upside in the Shiba Inu market.
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