Shiba Inu price forecast: $SHIB prices soar ahead of anniversary day

Shiba Inu Price Forecast: On the occasion of its sixth anniversary, the market is hotly debated again.

As Shiba Inu coins are about to celebrate their sixth anniversary, discussions on its price forecast are heating up again. A fresh positive line, a surge in burning quantities and a bullish chart pattern appear at the same time, and traders are watching whether this means the starting point for a bigger market.

Core Points

According to the project's official X account confirmation, SHIB will celebrate its sixth anniversary on August 2, 2026. In the past 30 days, the burning volume has soared by 1,395.57%, and a total of 3,248,854,065 SHIBs have been destroyed. The 4-hour chart shows that since July 25, the 50-and 100-index moving averages have formed a bullish cross, driving gains of 36-40%. Prices are currently retesting the upper edge of the rising channel, which is near $0.0000490. The RSI is 62.21 and there is still room before entering overbought territory.

Shiba Inu Price Forecast on August 1, 2026

As of 10:25 am Indian Standard Time on August 1, 2026, the price of SHIB is US$0.00000490, down 1.01% under the 4-hour K line. Prices are re-testing 50 EMA support in the rising channel, with upper resistance at US$0.0000519, US$0.0000556 and US$0.0000583 respectively.

Market value and supply data of Shiba Inu coins

The market value was US$2.88 billion, up 4.36% in 24 hours, and the daily trading volume was US$146.8 million, an increase of 57.47%. The circulation supply is 589.23 trillion SHIBs, and the maximum supply is 589.55 trillion SHIBs, distributed in 3.06 million wallets.

Why is the 6th anniversary of Shiba Inu coins attracting much attention?

According to posts on the X platform, SHIB will celebrate its sixth anniversary tomorrow, and the community has entered celebration mode ahead of schedule. For community-driven tokens, anniversaries often bring a temporary surge in attention and trading activity.

How many SHIBs were burned on the eve of Memorial Day?

According to posts on the X platform, a total of 3,248,854,065 SHIBs were destroyed in the past 30 days, and the burning rate increased by 1,395.57% on the eve of the anniversary. The data was also confirmed by the official combustion tracking website, which records SHIB combustion transactions in real time. Token burning permanently removes tokens from the circulation supply.

What is the structure of the SHIB 4-hour chart?

The 4-hour chart clearly shows that the token is awakening from a long period of silence. In the past month, the price has basically remained within the range of US$0.0000400 to US$0.0000450, with little movement.

What triggers a bullish EMA crossing?

The situation changed on July 25, 2026, when the 50 EMA and 100 EMA formed a bullish cross over the 4-hour time frame. Prices then rose rapidly by about 36-40% and hit $0.0000583 within two days. This speed pushed the RSI (Relative Strength Index) higher to 90. Any reading above 70 is usually considered overbought, so a pullback is almost expected. Prices started cooling from here and are currently falling back to retest the 50 EMA.

What are the key support and resistance levels for SHIB?

Currently, SHIB is trading near the upper edge of the rising channel formed since the July 25 breakthrough. The lower 50 and 100 EMA clusters serve as dynamic support, and the overall structure remains bullish as long as prices remain above them.

Resistance level 3: US$0.0000583 (Rally high on July 25)
Resistance 2: US$0.0000556 (mid-range resistance)
Resistance 1: US$0.00000519 (Rising channel breaks target)
Current price: 0.0000490 US $(4-hour closing price at 10:25 Indian Standard Time on August 1)
Support 1 (EMA): US$0.00000455 (50 EMA cluster)
Support 2 (EMA): US$0.00000434 (100 EMA cluster)
Support 3: US$0.0000409 (previous range high)
Support 4: US$0.0000400 (bottom of monthly range)

If the price closes above the channel on the 4-hour K line and breaks through US$0.0000519, the road will open to US$0.0000556 and US$0.00000583. Conversely, if the 4-hour K-line closes below the EMA cluster, the focus will return to US$0.0000409 and US$0.0000400.

Method: The target corresponds to the horizontal support/resistance on the chart, based on the July 25 rebound high and the monthly range low. The EMA cluster distinguishes between bullish and bearish paths; an RSI above 70 indicates a weakening of bullish conditions.

What does SHIB's clearing and long short data reveal?

Position data provides another layer of information. Data shows that SHIB's recent long-short account ratio is 3.73, indicating that accounts are seriously biased towards long positions. In the shorter time frame, bears have been hit harder, which is consistent with the recent rebound in prices from EMA backtests. Stretch the time to 24 hours, long and short positions are relatively balanced, indicating that the market has not yet fully chosen the direction.

Total clearing in 1 hour: US$0.49 (Long US$0.49, short US$0)
4-hour clearing total: US$62.82K (Long US$25.30K, short US$37.52K)
12-hour clearing total: US$145.18K (Long US$55.16K, short US$90.03K)
24-hour clearing total: US$213.82K (Long US$112.43K, short US$101.39K)

Shiba Inu price forecast: bullish, neutral, and bearish scenarios

Bullish scenario: target range 0.0000519 to 0.0000583 US$0.0000583. Conditions: The 4-hour K-line closes above the channel and US$0.0000519; the RSI remains below 70. Failure conditions: blocked at US$0.00000519, and the 4-hour K-line bearish close back into the channel.

Neutral scenario: Target range 0.0000434 to 0.0000519. Conditions: Prices hold on to the EMA cluster and move sideways before the anniversary. Failure condition: Any boundary is breached by heavy volume.

Bear scenario: Target range 0.0000400 to 0.0000409 US $. Conditions: The 4-hour K-line closes below the 50 and 100 EMA clusters. Failure conditions: Recovering the EMA support level of US$0.0000455.

These levels are derived directly from the current 4-hour chart structure and should be regarded as scenarios rather than guarantees. A broader market sell-off or unexpected news could cause all three paths to fail.

Analysts 'views on Shiba Inu price forecasts

Analysts point out that it may not be a coincidence that the surge in burning coincides with the anniversary, because activities of community-driven tokens like SHIB are often coordinated around milestone events. The current chart structure supports optimism, with prices remaining above the key EMA. However, analysts also pointed out that the RSI drop from 90 to 62.21 indicates that the rally momentum has waned and a blockage at US$0.00000519 will weaken the short-term bullish reason.

On the eve of the anniversary, is Shiba Inu a good investment choice?

Whether SHIB is suitable for a portfolio depends on an individual's risk tolerance. It remains extremely volatile, and price movements during the anniversary period can fluctuate rapidly in both directions. Increased burning is usually seen as a long-term positive, but burning approximately 3.25 billion coins in 30 days is still insignificant compared to the 589 trillion yuan circulation supply and can only have a marginal impact.