Shiba Inu's September Jinx: Holding On for a Strong Year-End
Shiba Inu (SHIB) investors are facing a dilemma in September, as the token's price history suggests both positive and negative outcomes.
The first month of autumn is historically the worst time for SHIB, with an average return of -2.72% and a median return of -2.99%, according to CryptoRank statistics.
However, this year has been unusually profitable so far, with a +20.4% quarterly return in August.
The bulls' attempt to break above the 200-day moving average (MA 200) at $0.00000537 failed under selling pressure in mid-August, and the current RSI reading of 51.56 indicates a lack of buyer strength.
Yet, for medium-term investors, holding through September is a strategic necessity ahead of a strong year-end, as the third quarter of 2026 has defied bearish trends with its +20.4% return, significantly stronger than the historical Q3 average of +2.39%.