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Based on Coincodex’s algorithmically generated price prediction for Shiba Inu, the price is expected to increase by -4.82% next month and reach $0.00001660 by the month’s end, July 31, 2024.
Sep 10, 2024 · When basing our Shiba Inu coin price prediction on the S&P 500’s historical ROI, a hypothetical $1,000 investment in SHIB made in 2024 would grow to $17,276 by 2050. In other words, Shiba Inu’s current price of $0.00003435 would increase by 2,336% to $0.0003266 .
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5 days ago · As of October 10, 2024, Shiba Inu is trading at $0.000017, which is a -3.61% change over the past 24 hours. Current data for Shiba Inu for October 10, 2024: In this post, we dive into Shiba Inu and the ecosystem’s offerings.
- Successful Predictions Made by Beincrypto
- Shiba Inu (Shib’S) Long-Term Price Prediction Until The Year 2035
- Shiba Inu Price Prediction and Technical Analysis
- Shiba Inu (Shib) Price Prediction 2023
- Shiba Inu (Shib) Price Prediction 2024
- Shiba Inu (Shib) Price Prediction 2025
- Shiba Inu (Shib) Price Prediction 2026
- Shiba Inu (Shib) Price Prediction 2027
- Shiba Inu (Shib) Price Prediction 2028
- Shiba Inu (Shib) Price Prediction 2029
As of June 6, 2024, the highest price Shiba Inu (SHIB) has reached this year is approximately $0.00003825. This peak was recorded in April 2024, reflecting a significant increase from earlier in the year.
Outlook: Very bullish Impressed with our 2023-24 predictions? Here is a list showcasing the predicted levels until the year 2035.
Our April 2023 prediction
The short-term price action of SHIB is best represented by the falling channel pattern inside which it is currently trading. Do note that the price of SHIB is tantalizingly close to the upper (descending) trendline. If the current prices can breach the $0.00001149 mark — the immediate resistance — expect the price action to break past the upper trendline — towards the next resistance levels of $0.000012 and $0.0000133, respectively. The daily RSIshowed up with a bullish divergence a few tradi...
Our December 2023 prediction
SHIB, per the daily chart, is trading inside an ascending channel pattern. SHIB didn’t attempt to breach the upper trendline of the channel but quickly re-entered the channel, thanks to the bears. For now, a move above $0.000011 can again lead to a pattern breach on the upside. On the downside, the 20-EMA and 50-EMA lines act as strong support levels. However, a drop under $0.0000092 could lead to a bigger correction, if and when it happens. Now let us take a look at the weekly chart to see i...
Pattern identification
The weekly pattern looks quite straightforward, with SHIB starting at a high, making a low, and eventually reaching its highest price of $0.00008845. From the high, SHIB makes a few lower highs before dropping to another low. From the low, SHIB makes another high, and if the previous pattern repeats, we might soon see another high forming above the previous one. Now let us mark all the points for your reference.
First of all, two out of three points in 2023 were successfully touched, ensuring that our SHIB price prediction did align with market sentiments. Here is the approach we followed for 2023. Notice that we already have X2 or the last low on the price chart. While the average price hike percentage, per our calculations, is 466.82 (data from earlier),...
Outlook: Very bullish Following the low in 2023, which was successfully touched, we can expect SHIB to make another high in 2024. However, per the previous pattern, the high could be lower than B2. This is when we can expect the price hike percentage to be restricted to 68.18%, per table 2. This puts the SHIB price prediction high for 2024 at $0.00...
The next high would depend on the nature of developments corresponding to Shiba Inu. Considering them to be bullish and in line with expectations, we can expect a hike percentage of 132.80% — the second lowest from the table. Per our projection, this could be the SHIB price prediction for 2025 and surface at $0.00004187. The next low might surface ...
Outlook: Bullish The maximum price of SHIB in 2026 is projected to be $0.00008854. This is based on a significant growth trajectory, reflecting optimism around developments within the Shiba Inu ecosystem and broader market conditions. The minimum price is expected to be $0.00005489. Projected ROI from the current level: 485%
Outlook: Very Bullish In 2027, the SHIB price is expected to reach a new high of $0.0001328, driven by continued positive market sentiment and ecosystem developments. The corresponding low is anticipated to be around $0.00008233. Projected ROI from the current level: 756%
Outlook: Extremely Bullish For 2028, Shiba Inu’s price prediction indicates a maximum value of $0.0001660. This reflects strong market dynamics and continued advancements in the Shiba Inu ecosystem. The minimum price is projected to be $0.0001029. Projected ROI from the current level: 950%
Outlook: Exponentially Bullish In 2029, Shiba Inu’s price is forecasted to reach a high of $0.000291. This assumes continued traction and adoption in the crypto market. The minimum price is expected to be $0.0000802. Projected ROI from the current level: 1600%
4 days ago · Shiba Inu (SHIB) Price Prediction for 2024. Based on Shiba Inu's past price history, Changelly predicts that the minimum price of SHIB in 2024 may be about $0.0000131, with a maximum expected...
Oct 4, 2024 · End of 2024 – We predict Shiba Inu will hold steady around its current price of $0.000016 as it establishes technical support. End of 2025 – We expect Shiba Inu to benefit from the crypto bull market in 2025 and clearer crypto regulations. We predict an average $SHIB price of $0.000028.
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Jun 25, 2024 · Price as of October 9, 2024, 5:18 p.m. ET. Shiba Inu token is up 64% so far in 2024, handily trouncing the S&P 500 and Nasdaq Composite. The capital markets have gotten off to a strong start...
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