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SHIB rises 44.1% in Q3 but October's 167.5% average is skewed by 2021's surge

Technical Signals
23 Sep 2026
Cointribune
View Source
Bullish
SHIB rises 44.1% in Q3 but October's 167.5% average is skewed by 2021's surge

Shiba Inu (SHIB) gained 44.1% in the third quarter of 2026, driven by three consecutive months of positive returns amid a broader crypto market recovery. Although October historically shows an average return of 167.5%, this figure is heavily influenced by an extraordinary 833.6% surge in October 2021. Excluding that year, October's average return drops to about 0.96%, with a median near 6.04%, indicating no guaranteed seasonal spike. SHIB faces key resistance levels around $0.00000620-$0.00000630 and support near $0.00000560, with its annual performance still down nearly 50%. Future price moves will depend more on market demand and volume than historical averages.

Shiba Inu (SHIB) trades at Rp0.0997 on Pluang, down 7.62% as of September 24, 2026, 01:25 WIB, with a market cap of Rp59.41 trillion and a 24-hour volume of Rp2.86 trillion. Despite the news highlighting October's historically volatile returns, current Pluang order activity shows a majority of 56% selling versus 44% buying, reflecting cautious investor sentiment. The typical hold time on Pluang is 105 days, indicating medium-term investor engagement amid SHIB's ongoing price fluctuations.

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