Shiba Inu (SHIB) Price Prediction 2024, 2025, 2026-2030

Bullish SHIB price prediction for 2024 is $0.00003311 to $0.00005113 . Shiba Inu (SHIB) price might reach $0.0001 soon. Bearish SHIB price prediction for 2024 is $0.00001246 . In this Shiba Inu (SHIB) price prediction 2024, 2025-2030, we will analyze the price patterns of SHIB by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency . TABLE OF CONTENTS INTRODUCTION Shiba Inu (SHIB) Current Market Status What is Shiba Inu (SHIB)? Shiba Inu (SHIB) 24H Technicals SHIBA INU (SHIB) PRICE PREDICTION 2024 Shiba Inu (SHIB) Support and Resistance Levels Shiba Inu (SHIB) Price Prediction 2024 — RVOL, MA, and RSI Shiba Inu (SHIB) Price Prediction 2024 — ADX, RVI Comparison of SHIB with BTC, ETH SHIBA INU (SHIB) PRICE PREDICTION 2025, 2026, 2027-2030 CONCLUSION FAQ Shiba Inu (SHIB) Current Market Status Current Price $0.0000292 24 – Hour Price Change 8.83% Down 24 – Hour Trading Volume $5.28B Market Cap $17.21B Circulating Supply 589.26T SHIB All – Time High $0.00008845 (On Oct 28, 2021) All – Time Low $0.00000000008165 (On Sep 01, 2020) SHIB Current Market Status (Source: CoinMarketCap ) What is Shiba Inu (SHIB) TICKER SHIB BLOCKCHAIN Ethereum CATEGORY Decentralized cryptocurrency LAUNCHED ON August 2020 UTILITIES Governance, Fast Transactions, gas fees & rewards Shiba Inu (SHIB) was launched on the Ethereum blockchain and also resides on the Binance Smart Chain (BSC). This popular memecoin was developed and launched in 2020 by a pseudonymous founder Ryoshi. Shiba Inu exists as a potential contender to the largest memecoin, Dogecoin (DOGE). The Shiba Inu ecosystem will likely launch its layer-2 blockchain called Shibarium by 2023. In March 2023, Shibarium Beta – named Puppynet – was launched. Alongside SHIB , Bone ShibaSwap (BONE) and Doge Killer (LEASH) are other tokens of the Shiba Inu ecosystem. Shiba Inu 24H Technicals (Source: TradingView ) Shiba Inu (SHIB) Price Prediction 2024 Shiba Inu (SHIB) ranks 12th on CoinMarketCap in terms of its market capitalization. The overview of the Shiba Inu price prediction for 2024 is explained below with a daily time frame. SHIB/USDT Rounding Bottom Pattern (Source: TradingView ) In the above chart, Shiba Inu (SHIB) laid out a Rounding bottom pattern. The price movements form a pattern that resembles a bow and hence is also known as the saucer bottom pattern. In general, the rounding bottom pattern indicates a long-term price reversal. This pattern also emphasizes the changes in the market sentiment as the trend seems to shift from bearish to bullish. Investors generally have to stay cautious and time the market well. If the price breaks and moves past the resistance level, it will enter a confirmed bullish trajectory. At the time of analysis, the price of Shiba Inu (SHIB) was recorded at $0.0000292. If the pattern trend continues, then the price of SHIB might reach the resistance levels of $0.00003810, and $0.00011313. If the trend reverses, then the price of SHIB may fall to the support of $0.00002275, and $0.00001144. Shiba Inu (SHIB) Resistance and Support Levels The chart given below elucidates the possible resistance and support levels of Shiba Inu (SHIB) in 2024. SHIB/USDT Resistance and Support Levels (Source: TradingView ) From the above chart, we can analyze and identify the following as resistance and support levels of Shiba Inu (SHIB) for 2024. Resistance Level 1 $0.00003311 Resistance Level 2 $0.00005113 Support Level 1 $0.00002026 Support Level 2 $0.00001246 SHIB Resistance & Support Levels Shiba Inu (SHIB) Price Prediction 2024 — RVOL, MA, and RSI The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Shiba Inu (SHIB) are shown in the chart below. SHIB/USDT RVOL, MA, RSI (Source: TradingView ) From the readings on the chart above, we can make the following inferences regarding the current Shiba Inu (SHIB) market in 2024. INDICATOR PURPOSE READING INFERENCE 50-Day Moving Average (50MA) Nature of the current trend by comparing the average price over 50 days 50 MA = $0.00002176Price = $0.00002642 (50MA Bullish/Uptrend Relative Strength Index (RSI) Magnitude of price change;Analyzing oversold & overbought conditions 76.94139888 50-70 = Neutral >70 = Overbought Overbought Relative Volume (RVOL) Asset’s trading volume in relation to its recent average volumes Above cutoff line Strong volume Shiba Inu (SHIB) Price Prediction 2024 — ADX, RVI In the below chart, we analyze the strength and volatility of Shiba Inu (SHIB) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI). SHIB/USDT ADX, RVI (Source: TradingView ) From the readings on the chart above, we can make the following inferences regarding the price momentum of Shiba Inu (SHIB). INDICATOR PURPOSE READING INFERENCE Average Directional Index (ADX) Strength of the trend momentum 44.87508708 Strong Trend Relative Volatility Index (RVI) Volatility over a specific period 73.92 >50 = High High Volatility Comparison of SHIB with BTC, ETH Let us now compare the price movements of Shiba Inu (SHIB) with that of Bitcoin (BTC), and Ethereum (ETH). BTC Vs ETH Vs SHIB Price Comparison (Source: TradingView ) From the above chart, we can interpret that the price action of SHIB is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of SHIB also increases or decreases respectively. Shiba Inu (SHIB) Price Prediction 2025, 2026 – 2030 With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Shiba Inu (SHIB) between 2025, 2026, 2027, 2028, 2029, and 2030. Year Bullish Price Bearish Price Shiba Inu (SHIB) Price Prediction 2025 $0.0002 $0.00001 Shiba Inu (SHIB) Price Prediction 2026 $0.0004 $0.000009 Shiba Inu (SHIB) Price Prediction 2027 $0.0008 $0.000008 Shiba Inu (SHIB) Price Prediction 2028 $0.001 $0.000007 Shiba Inu (SHIB) Price Prediction 2029 $0.005 $0.000006 Shiba Inu (SHIB) Price Prediction 2030 $0.008 $0.000005 Conclusion If Shiba Inu (SHIB) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Shiba Inu (SHIB) price prediction for 2024 is $0.00005113. Comparatively, if unfavorable sentiment is triggered, the bearish Shiba Inu (SHIB) price prediction for 2024 is $0.00001246. If the market momentum and investors’ sentiment positively elevates, then Shiba Inu (SHIB) might hit $0.0001. Furthermore, with future upgrades and advancements in the Shiba Inu ecosystem, SHIB might surpass its current all-time high (ATH) of $0.00008845, and mark its new ATH. FAQ 1. What is Shiba Inu (SHIB)? Shiba Inu (SHIB) is a popular memecoin that was launched in 2020 as an ERC-20 token. It is compatible with both the Ethereum blockchain and Binance Smart Chain (BSC). 2. Where can you purchase Shiba Inu (SHIB)? Shiba Inu (SHIB) has been listed on many crypto exchanges which include Binance, Bybit, OKX, UZX, and Bitget. 3. Will Shiba Inu (SHIB) reach a new ATH soon? With the ongoing developments and upgrades within the Shiba Inu Platform, SHIB has a high possibility of reaching its ATH soon. 4. What is the current all-time high (ATH) of Shiba Inu (SHIB)? On Oct 28, 2021, Shiba Inu (SHIB) reached its new all-time high (ATH) of $0.00008845. 5. What is the lowest price of Shiba Inu (SHIB)? According to CoinMarketCap, SHIB hit its all-time low (ATL) of $0.00000000008165, On Sep 01, 2020. 6. Will Shiba Inu (SHIB) reach $0.0001? If Shiba Inu (SHIB) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $0.0001 soon. 7. What will be Shiba Inu (SHIB) price by 2025? Shiba Inu (SHIB) price is expected to reach $0.0002 by 2025. 8. What will be Shiba Inu (SHIB) price by 2026? Shiba Inu (SHIB) price is expected to reach $0.0004 by 2026. 9. What will be Shiba Inu (SHIB) price by 2027? Shiba Inu (SHIB) price is expected to reach $0.0008 by 2027. 10. What will be Shiba Inu (SHIB) price by 2028? Shiba Inu (SHIB) price is expected to reach $0.001 by 2028. Top Crypto Predictions Bonk (BONK) Price Prediction Celestia (TIA) Price Prediction Bittensor (TAO) Price Prediction Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.