Ah, behold the illustrious Shiba Inu, a creature not merely of fur and whimsy but now a charted maestro! It has pirouetted into the golden cross pattern upon its hourly canvas, a whimsical confirmation of an exuberant short-term jaunt through the cosmos of crypto.
The audacious 50 MA, that cunning little rascal, has gallantly ascended above the 200 MA, indicating-if one could possibly be so bold-a golden cross. And lo! As if choreographed by some unseen hand, the price of our beloved Shiba Inu has risen a jubilant 6%, amidst what can only be described as the market’s most vigorous weekend frolic in over twenty weeks.
As the clock strikes present, SHIB is prancing around with a charming 6.56% increase in the past twenty-four hours, now donning a price tag of $0.0000065 and reveling in a 7% weekly jubilation. Such a spirited rebound follows a broader recovery in the crypto marketplace, spurred on by a CPI reading that was less dreadful than anticipated, offering a glimmer of hope for imminent interest rate cuts from the Federal Reserve, or as I like to call it, the Great Interest Rate Shenanigan.
U.Today Crypto Digest: Shiba Inu Price Rebounds, Ex-Ripple CTO Calls Bitcoin ‘Dead End’, Goldman Sachs Owns 14% of XRP ETF
In the predictive playground known as Kalshi, traders are toying with a 26% likelihood of a quarter rate cut this coming April, a tantalizing increase from the paltry 19% before. Meanwhile, Polymarket has decided to spice things up, raising chances from 13% to a daring 20%.
January’s consumer price index has taken a graceful leap of 2.4% compared to its predecessor, descending 0.3 percentage points from the previous month-its most genteel performance since May 2025. This delightful news has granted markets a flicker of optimism regarding potential interest rate reductions, sending both stocks and cryptocurrencies into a euphoric waltz upwards.
What comes next?
Our intrepid Shiba Inu has reversed a five-day descent that plummeted to a lowly $0.00000575 on February 11. With a flourish, the SHIB price began its ascent on February 12, poised to celebrate its third day of gains if fortune smiles upon today’s closing bell.
Yet, despite this sprightly rebound, the overarching narrative remains one of sideways trading, a curious dance of consolidation as the market gingerly regains its footing after the protracted sell-off that followed October’s tumult.
Since the dawn of February, Shiba Inu has been frolicking within a range between $0.000005 and $0.000007, exhibiting all the grace of a puppy learning to navigate its first stairs.
Even amidst this cheerful resurgence, the Crypto Fear & Greed Index continues to flash “extreme fear,” hovering at a timid 11. Thus, traders tread cautiously, as if walking through a minefield of uncertainty.
The price targets for our furry friend SHIB are currently set at $0.000007 and $0.0000076, while a support level is anticipated to manifest near the $0.000005 threshold, like a loyal companion waiting at the door for its master.
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2026-02-15 05:58