Shiba Inu Slumps 7.13%, Bearish Momentum Continues

Shiba Inu's price has declined 7.13% in one day to $0.0000048, and its technical indicators are pointing to further bearish momentum.

The asset is trading below its key moving averages, with the MA-20 at $0.00000494, MA-50 at $0.00000511, and the longer-term MA-200 at $0.0000053 on the H1 timeframe.

The Ichimoku Kijun level stands at $0.00000502, acting as immediate resistance, while momentum remains skewed to the downside with MACD signaling a strong sell, ADX confirming dominant selling, and RSI at 32.33 reflecting a bearish setup.

Infrastructure upgrades have been made to Shiba Inu's ecosystem, including updates to its RPC data in the ethereum-lists registry and migration of the official website and ShibaSwap platform to Cloudflare with IPv6 support on September 12, 2026, which is expected to improve accessibility and enhance user experience.