Shiba Inu Price Poised For a Rebound Towards $0.00001 as Bitget Launches SHIB Payment Card

Highlights:

• The Shiba Inu price is showing some strength, currently trading at $0.0000086.
• Shiba Inu has recently partnered with Bitget to introduce a SHIB-themed payment card.
• The technical outlook suggests a potential breakout above the wedge pattern.

The Shiba Inu (SHIB) price is currently exchanging hands at $0.0000086, representing a slight 1% decrease. Meanwhile, the underestimated 30-day Market Value to Realized Value (MVRV) ratio and positive funding rates reinforce the thesis of recovery in SHIB.

On Wednesday, Shiba Inu announced that it has collaborated with Bitget, a crypto exchange, to introduce a SHIB-themed payment card. This customized card allows users to use their crypto assets without any inconvenience when making daily payments. The partnership and development suggest that Shiba Inu is expanding its physical use by integrating into mainstream payment infrastructure. This may enhance user adoption and long-term ecosystem growth.

🚨 SHIB × Bitget Wallet Card is LIVE! 🚨

WOOF! We're dropping an exclusive SHIB card face + SHIB rewards for the #SHIBARMY 🎁

Rewards:

First 100 users who claim the SHIB × Bitget Wallet Card get their share of 114678899 in $SHIB

Everyone after gets $5 in $SHIB

100% FREE to… pic.twitter.com/T3M8FmC35a

— Shib (@Shibtoken) November 19, 2025

On the other hand, the Santiment’s Market Value to Realized Value (MVRV) indicator is used to determine whether a specific token is undervalued or overvalued within a specified period. MVRV ratio of SHIB on Thursday reads at -10.09%. In other words, this shows that SHIB is trading at a low price. The downside of MVRVs may also have been interpreted as a sell signal, potentially leading to increased buying pressure on the token on cryptocurrency exchanges. In the past, the Shiba Inu price regained its strength once MVRV had dropped to the same levels in history.

Furthermore, the SHIB token appears to be on the verge of a potential recovery rally, as supported by the derivatives data. According to Coinglass OI-Weighted Funding rate data, the number of traders who bet that the price of SHIB will further fall is smaller than the number of traders who expect an increase.

The measure has inverted to a positive rate, currently at 0.0120%, indicating that longs are paying shorts. 

Shiba Inu Price Outlook

The chart for SHIB/USDT on the 1-day timeframe shows a rollercoaster that has hit a rough patch. The memecoin has slipped from a recent high of $0.000012, and it’s currently trading at $0.0000086.

The 50-day Simple Moving Average (SMA) at $0.000010 and the 200-day SMA at $0.000012 are both immediate resistance zones, suggesting some bearish strength in the market. However, the recent drop has pushed the Shiba Inu price to hover within a wedge pattern.

Digging into the indicators, the Relative Strength Index (RSI) at 37.56 is flirting with the oversold territory, hinting that the Shiba Inu price might still have room to rally. This will only manifest if the bulls ignite the buy-back strategy at this level. Furthermore, the Moving Average Convergence Divergence (MACD) indicates a bearish crossover, suggesting some short-term weakness.

In the short term, the Shiba Inu price could test support around $0.0000080, the recent low, if this dip continues. On the other hand, if the bulls push above the wedge pattern, there could be a charge toward the $0.000010 resistance level or higher. For now, it’s a wait-and-see game. Investors may want to keep an eye on the RSI, as it may be time to brace for more upside if it rises above 50.