Shiba Inu (SHIB) demonstrated resilience in recent trading sessions, holding a crucial support level while its development team expressed confidence in the asset's long-term cycle. On January 30, 2026, SHIB recorded a 0.9% gain over 24 hours, trading at $0.05776 and successfully maintaining its position above the identified support zone of $0.057692. The price action remained compressed within a defined daily range, with resistance firmly held at $0.057871, preventing a significant breakout.
The measured recovery occurred amidst low market volatility, with SHIB also posting gains against major cryptocurrencies. It increased by 1.1% against Bitcoin (BTC), trading at 0.0108670 BTC, and by 1.2% against Ethereum (ETH), reaching 0.082581 ETH. This performance indicated a proportional and consistent recovery across its key trading pairs, reinforcing a stable, range-bound structure where buying and selling pressure appeared balanced.
Concurrently, a key Shiba Inu team member, Lucie, addressed community concerns via social media platform X, dismissing fears that SHIB's market cycle had concluded. She suggested the current market structure indicates ongoing momentum rather than exhaustion, referencing commentary from industry leaders like Binance co-founder Changpeng Zhao, who hinted at a potential "supercycle." Lucie pointed to the absence of market euphoria and excessive leverage as signs that the cycle is not finished.
Despite a rocky start to 2026—where SHIB rallied to $0.00001017 on January 5 before retracing to $0.00000743 by January 19—the team emphasized patience. Lucie stressed that price swings do not erase long-term potential and that "cycles reward communities that remain intact through uncertainty." She advised the community to avoid emotional trading decisions and focus on alignment and discipline, suggesting that stretched timelines often mean momentum is delayed, not removed.
The team is also monitoring broader macroeconomic signals, including the Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditures (PCE) price index, for clues that may influence future market momentum and guide positioning for the next phase of the cycle.
