Shiba Inu Price Prediction 20%

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This is a 20% price prediction for the shiba inu. I expect the shiba inu to reach $0.05 by the end of this year. The cryptocurrency market is only beginning and I think it’s possible that the shiba inu might find a permanent place among the top cryptocurrencies. It’s definitely better than doge.. Read more about shiba inu price prediction 2025 and let us know what you think.

Summary of the situation

  • The price outlook for Shiba Inu highlights the indecision of SHIB, which has been pushed below the supply zone of $0.0000117 to $0.0000168.
  • Shiba Inu could experience a 20% price increase to retest the lower boundary of the $0.0000116 resistance level.
  • If the 4-hour candle closes below the $0.00000653 price area, Shiba Inu will begin a massive sell-off that will push the currency lower.

At the time of writing, the Shiba Inu’s price is not showing a clear direction, as it is moving sideways in a narrow trading range. Despite the continued indecision, the Shiba Inu is expected to rise slightly and test crucial price ranges for the third time.

Shiba Inu Price Forecast: Price Overview

Since it hit an all-time high of $0.000035 on the 10th, it has been in a very strong position. May, the Shiba Inu is on a downward trend. Due to the price drop, the cryptocurrency has dropped significantly in price to a Fibonacci retracement level of $0.786 to $0.0000083. This price reduction amounted to 76%. While Shiba Inu is currently trading around $0.00000979, the 0.786 Fibonacci retracement level is currently acting as an important support line. SHIB is currently not showing clear signs of a bullish reversal after the currency failed to make a higher high. Looking at the 4-day chart of Shiba Inu, it seems that the $0.0000155 price line is becoming an immediate resistance barrier.

Shiba inu price change in the last 24 hours

Source: TradingView According to Shiba Inu’s 24-hour price chart, the cryptocurrency is currently stuck in a narrow range with no clear price movement. At the time of writing, SHIB is moving back and forth between the bottom of the bid range. The lower bound of the bid range runs from $0.0000117 to the SHIB lower bound of the 19th. May at $0.00000655. The dog-themed cryptocurrency is currently battling a resistance line of $0.00000949. If Shiba Inu closes decisively above the 4-hour candle, the crypto-currency could see a 23% price increase, taking it into the $0.0000117 range.

4 hours card for Shiba Inu

Source: TradingView Shiba Inu Price Prediction 20% According to Shiba Inu’s 4-hour chart, the cryptocurrency is currently under significant buying pressure. If this trend continues, there is a good chance that SHIB will rise another 22% and fall back to the $0.0000144 price area. For now, investors and market participants should keep in mind that any upward movement in the price of Shiba Inu or any attempt to move higher is a grueling task. This is due to the presence of a colossal coverage area, ranging from $0.0000117 to about $0.0000168. Therefore, it is likely that Shiba Inu will experience short-term price consolidation before further price movements are observed.

Supplement

Although Shiba Inu is a relatively new crypto asset on the market, its performance is impressive. As a result, the cryptocurrency has jumped nearly 1,500% in the past trading week. This move is not even close to last month’s 40,000% increase. Despite the wonderful bullish stories, there is very little information about the price of this meme-dedicated crypto-asset. So it is not easy to predict the next price trend of the Shiba Inu. However, key technical indicators show that the cryptocurrency is ready for a 20% rise. Denial. The information provided does not constitute commercial advice. .com accepts no responsibility for investments made on the basis of information provided on this site. We strongly recommend that you conduct independent research and/or consult a qualified expert before making any investment decision.In the cryptocurrency world, IOTA is the next big thing, a coin that is unique and will change the world. IOTA is different from other coins, because it is not like the other coins. IOTA is about the future and the future is about IOTA. IOTA is the future. IOTA is going to change the world. IOTA is the coin that is going to change the world. IOTA is about the future and the future is about IOTA. IOTA is the future. IOTA is the next big thing. IOTA is the future of the cryptocurrency world. IOTA is the next big thing.. Read more about safemoon price prediction and let us know what you think.

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