Shiba Inu ends August at $0.00000504, delivering a 20.4% return on a quarterly basis. Signals are diverging over strategies for holding the token in September.
U.Today, a blockchain outlet, reported on Aug. 31 that Shiba Inu’s past price moves simultaneously point to the possibility of short-term weakness and expectations of a year-end rebound.
From a short-term perspective, September is presented as the most burdensome period for Shiba Inu holders. CryptoRank data show Shiba Inu’s average September return is -2.72%, and the median is -2.99%. Over the tracked period, it finished September higher only twice.
Technical indicators also point to near-term resistance. Shiba Inu is facing a heavy supply zone near $0.00000537, its 200-day moving average. It also tried to break through that area in mid-August but was blocked by selling pressure. The relative strength index stands at 51.56, indicating buying strength is not strong enough to push past resistance in early autumn.
A different interpretation is possible for medium-term investors. This year’s third-quarter return of 20.4% far exceeds Shiba Inu’s historical average third-quarter return of 2.39%.
A support zone has also formed. Below the current price, the 23-day moving average at $0.00000492 and the 50-day moving average at $0.00000471 are positioned as tight support. Both moving averages have turned upward, and are presented as areas that could prevent a deeper decline. This structure lends weight to the view that a September correction may not immediately damage the trend.
It was also mentioned that, based on past trends, sideways trading in September has provided a foundation for gains in the fourth quarter. Shiba Inu’s average fourth-quarter return was presented as 71.2%, with an average October return of 167.5%. The market is inevitably focusing on whether the so-called 'Uptober' period will reappear.
A key point to watch is which direction the price breaks out of the narrowing range. Shiba Inu is seen as likely to move between support at $0.0000047 and resistance at $0.00000537. The direction of the breakout from this technical triangle was presented as a variable that could determine the trend through the end of 2026.
Ultimately, Shiba Inu’s September outlook depends on the time horizon. In the short term, seasonal weakness and resistance at the 200-day line are a burden. In the medium term, this year’s strong third-quarter return and fourth-quarter seasonality remain. That makes holding support and the possibility of breaking resistance key variables likely to determine the direction into year-end, rather than early-September moves.