Key takeaways
- In 2024, the Shiba Inu coin price prediction could reach a maximum value of $0.000020
- In 2027, the SHIB price can reach a maximum value of $0.000069.
- The price of Shiba Inu is predicted to reach a minimum value of $0.000174 in 2030.
The Shiba Inu (SHIB) cryptocurrency, originally a meme coin, has evolved into a comprehensive ecosystem with significant growth and utility. Key components include ShibaSwap, a decentralized exchange, and Shibarium, a Layer 2 solution to enhance scalability. These developments have boosted SHIB’s adoption and functionality.
As SHIB’s ecosystem grows, questions arise about its future price trajectory. Will the advancements in ShibaSwap and Shibarium drive SHIB to new highs? Can Sn HIB sustain its current price momentum and solidify its position in the crypto market? Can SHIB ever reach $1?
Overview
| Cryptocurrency | Shiba Inu |
| Token | SHIB |
| Price | $0.00001936 |
| Market Cap | $11.41B |
| Trading Volume | $953.54M |
| Circulating Supply | 589.26T SHIB |
| All-time High | $0.00008845 (Oct 27, 2021) |
| All-time Low | $0.00000000008165 (Aug 31, 2020) |
| 24-hour high | $0.00001972 |
| 24-hour low | $0.00001738 |
Shiba Inu coin Price Prediction: Technical Analysis
| Metric | Value |
| Price Prediction | $ 0.00001868 (1.95%) |
| Volatility | 3.49% |
| 50-Day SMA | $ 0.00001715 |
| 14-Day RSI | 49.77 |
| Sentiment | Bullish |
| Fear & Greed Index | 69 (Greed) |
| Green Days | 12/30 (40%) |
| 200-Day SMA | $ 0.00001858 |
Shiba Inu Price Analysis: SHIB forms bearish divergence as bulls struggle to retain critical levels
Key takeaways
- SHIB faces market pressure, dropping 8.24% amid significant whale sell-offs.
- A break above $0.000030 could signal a bullish reversal for SHIB.
- Failure to hold $0.000024 EMA may trigger deeper corrections to $0.000022.
Shiba Inu SHIB analysis on November 27th shows that SHIB is currently facing a challenging scenario as it attempts to stabilize amid increasing market pressures. Over the past day, SHIB’s price experienced a significant drop, declining by 8.24% from its high point before settling around $0.000023. This steep decline coincided with a substantial whale sell-off, as large holders offloaded 7.48 trillion SHIB tokens — a dramatic surge compared to the previous day’s 1.05 trillion SHIB outflow. Despite this selling pressure, whale inflows also increased, totaling 7.41 trillion SHIB, although net outflows remained negative at -72.77 billion SHIB. This shift in sentiment suggests significant players are taking profits amid fear of further price declines.
The broader cryptocurrency market has seen a notable pullback, with key assets like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) correcting from recent highs. Meme coins like Shiba Inu were not exempt from this decline, with SHIB retreating from its recent peak to the current level of $0.00002546, which still marks a monthly gain of around 46%. Analysts, however, remain optimistic about SHIB’s future potential, especially if the token can break through the critical resistance at $0.00002800.
Daily chart analysis: SHIB consolidates between the 20-day (EMA) at $0.000024
On the daily chart, Shiba Inu has been consolidating between the 20-day Exponential Moving Average (EMA) at $0.000024 and a significant resistance level at $0.000029. The bounce from the 20-day EMA on November 27 indicated that buyers are defending this crucial support level, attempting to sustain the recent uptrend. Should bulls push SHIB above the overhead resistance of $0.000030, it could complete an inverted head-and-shoulders pattern, potentially signaling a bullish reversal and paving the way for a stronger rally.
Conversely, if Shiba Inu breaks below the 20-day EMA, it would signal that the bears have taken control, likely sending the price down to the next support level at $0.000022. This could extend to the formidable support at $0.000020, reinforcing the bearish sentiment and weakening the recent rally’s momentum. A decisive move in either direction will clarify SHIB’s future price trajectory.
The Relative Strength Index (RSI) currently reads around 59.81, indicating the token is still in bullish territory, though approaching the overbought zone. The RSI has remained above the neutral 50 mark, which suggests that the bulls retain some control despite the recent correction. If the RSI can maintain this position, it could support a renewed upward move; however, a dip below 50 would further encourage bearish traders.
The Moving Average Convergence Divergence (MACD) indicator remains marginally positive, with the MACD line holding above the signal line, albeit with diminishing momentum. The histogram shows a gradual reduction in bullish momentum, which could be an early sign of trend exhaustion. If the MACD crosses below the signal line, it would add further confirmation to the bearish case, potentially leading to a deeper correction.
SHIB 4-Hour chart analysis: SHIB stumbles to maintain above $0.000025
The 4-hour chart provides insight into SHIB’s recent price movement, showing that the price has struggled to sustain above the 20-period, 50-period, 100-period, and 200-period EMAs. Currently, SHIB is trading around $0.00002548, just above the key 20-period EMA, which sits at $0.00002502. A sustained move above this level could provide confidence for short-term traders looking for further upside. However, with the MACD showing mixed signals and a weakening histogram in this timeframe, there is growing uncertainty about whether SHIB can maintain its bullish momentum.
The Stochastic RSI on the 4-hour timeframe is in overbought territory, with both %K and %D lines crossing above 70, which indicates that the asset could be due for a short-term pullback. If the stochastic begins to turn lower from this level, it could signal a corrective phase, testing support at lower EMAs.
What to expect from Shiba Inu price analysis
The recent Shiba Inu price movements reflect a broader sentiment shift among major token holders, signaling caution amid increased market volatility. While the technical indicators suggest a possible continuation of the bullish trend if SHIB can break above key resistance levels, the token remains vulnerable to further corrections if it loses support at the 20-day EMA.
In the short term, SHIB traders should watch closely for a break above $0.000030 for signs of a bullish continuation or a break below the $0.000024 level for confirmation of a bearish trend.
Shiba Inu technical indicators: Levels and action
Daily simple moving average (SMA)
| Period | Value | Action |
| SMA 3 | $ 0.00001738 | BUY |
| SMA 5 | $ 0.00001729 | BUY |
| SMA 10 | $ 0.00001751 | BUY |
| SMA 21 | $ 0.00001806 | BUY |
| SMA 50 | $ 0.00001715 | BUY |
| SMA 100 | $ 0.00001559 | BUY |
| SMA 200 | $ 0.00001858 | BUY |
Daily exponential moving average (EMA)
| Period | Value | Action |
| EMA 3 | $ 0.00001795 | BUY |
| EMA 5 | $ 0.00001802 | BUY |
| EMA 10 | $ 0.00001794 | BUY |
| EMA 21 | $ 0.00001753 | BUY |
| EMA 50 | $ 0.00001658 | BUY |
| EMA 100 | $ 0.00001659 | BUY |
| EMA 200 | $ 0.00001701 | BUY |
Is Shiba Inu a good investment?
Shiba Inu (SHIB) shows potential as a promising investment due to key developments like Coinbase Derivatives launching SHIB futures contracts, and Binance supporting SHIB with multiple spot pairs. Grayscale’s recognition of SHIB also enhances its credibility, while a 6,000% surge in SHIB’s burn rate boosts market sentiment. Upcoming events, such as the Bitcoin conference and Welly’s expansion inspired by Shiba Inu, further support a bullish outlook, making SHIB an attractive option for investors seeking portfolio diversification.
Will Shiba Inu recover?
Shiba Inu is experiencing fluctuations with a recent upward trend; there are signs of potential recovery.
Will SHIB reach $1?
Reaching $1 for Shiba Inu (SHIB) is highly unlikely due to its massive circulating supply and the unrealistic market cap. Significant demand increases and supply reductions would be necessary to approach such a price.
Will SHIB reach $10
It is unlikely that SHIB will reach $10 due to its enormous circulating supply and the unrealistic market capitalization required to achieve this feat.
Will SHIB reach $100?
Reaching $100 for SHIB is virtually impossible due to its vast circulating supply and the astronomically high market capitalization it would necessitate.
Does SHIB have an excellent long-term future?
SHIB shows some positive movement, suggesting the SHIB ecosystem may have a promising long-term future. However, its success will depend on continued adoption, broader market adoption trends, and developments within the other cryptocurrency market space.
Recent news/opinion on Shiba Inu
The Shiba Inu development team has announced plans to create a Strategic Blockchain Innovation Center (S.H.I.B.) in the United States, aiming to establish the country as a global blockchain leader. Shytoshi Kusama, the project and Shiba Inu’s value lead developer, revealed this initiative on the X platform, urging presidential candidates and other key figures to support the venture.
With a projected budget between $1.3 and $2.35 billion over the next five to ten years, the center will focus on infrastructure, economic incentives, and nurturing blockchain talent, with goals like job creation, startup growth, and advancements in sustainable practices. Enthusiastic community support, including mentions from prominent SHIB figures tagging influencers like Donald Trump and Elon Musk, has already boosted SHIB’s value by 4% to $0.00001745.
Shiba Inu price prediction for November 2024
For November 2024, Shiba Inu (SHIB) is expected to exhibit a range of price movements. The potential low is $0.0000165, while the average price might be around $0.00001922. SHIB could reach up to $0.0000218 as the highest expected price.
| Month | Potential low | Potential average | Potential high |
| November | $0.0000165 | $0.00001922 | $0.0000218 |
Shiba Inu price prediction 2024
In Q4 of 2024, the minimum price of Shiba Inu will be around $0.000018. The maximum expected price for SHIB may be around $0.000020 and the average price at $0.000019.
| Year | Potential Low | Potential Average | Potential High |
| 2024 | $0.000018 | $0.000019 | $0.000020 |
Shiba Inu price predictions 2024-2030
| Year | Minimum | Average | Maximum |
| 2025 | $0.000027 | $0.000028 | $0.000033 |
| 2026 | $0.000040 | $0.000042 | $0.000048 |
| 2027 | $0.000056 | $0.000058 | $0.000069 |
| 2028 | $0.000079 | $0.000082 | $0.000097 |
| 2029 | $0.000118 | $0.000122 | $0.000142 |
| 2030 | $0.000174 | $0.000178 | $0.000208 |
Shiba Inu price prediction 2025
In 2025, Shiba Inu is expected to reach a minimum price of $0.000027, a maximum price of $0.000033 and an average price of $0.000028.
Shiba Inu price prediction 2026
According to the Shiba Inu for 2026, the token is predicted to reach a minimum value of $0.000040, a maximum value of $0.000048, and an average trading price of $0.000042.
Shiba Inu price prediction 2027
By 2027, Shiba Inu (SHIB) is forecasted to reach a minimum price of $0.000056, with a maximum of $0.000069 and an average price of $0.000058.
Shiba Inu price prediction 2028
The price of Shiba Inu is predicted to reach a minimum value of $0.000083 in 2028. Investors can expect a maximum value of $0.000096 and an average trading price of $0.000085.
Shiba Inu coin price prediction 2029
By 2029, SHIB price prediction suggests Shiba Inu could reach a minimum price of $0.000118, with a potential maximum price of $0.000142 and an average trading price of $0.000122.
Shiba Inu price prediction 2030
In 2030, the SHIB coin prediction suggests the price of Shiba Inu will trade at a minimum value of $0.000174, a maximum value of $0.000208, and an average trading value of $0.000178.
Shiba Inu market price prediction: Analysts’ SHIB price forecast
| Firm Name | 2024 | 2025 |
| Gov.Capital | $0.000016 | $0.00001703 |
| DigitalCoinPrice | $0.0000418 | $0.0000495 |
| Technewsleader | $0.000019 | $0.000023 |
Cryptopolitan’s Shiba Inu price prediction
According to Cryptopolitan’s Shiba Inu price forecast, SHIB could reach a maximum price of $0.000020 by the end of 2024. By 2026, the price of the Shiba Inu token is predicted to reach a minimum value of $0.000040. Shiba Inu rise in price could take it to a maximum price level of $0.00028 with an expected average trading price of $0.000178 by 2030.
Shiba Inu historic price sentiment
- Memecoin Shiba Inu’s price grew by over 300 percent within the same month, marking a trading fury reminiscent of Dogecoin in early 2021.
- Shiba Inu’s price history from 2022 to mid-2024 has experienced several notable fluctuations.
- At the beginning of 2022, Shiba Inu’s price action was relatively low, trading around $0.000025.
- In May 2022, the price sharply declined, dropping to approximately $0.000008.
- Throughout the rest of 2022, Shiba Inu’s price remained relatively stable, fluctuating between $0.000007 and $0.000010.
- In early 2023, there was a brief spike in February, where the price peaked at $0.000015. However, this was followed by a gradual decline, and by June 2023, the price stabilized around $0.000010.
- In March 2024, Shiba Inu experienced another surge, reaching a high of $0.000045. This increase was short-lived, and in June 2024, the token is consolidating within the $0.0000173 – $0.00002933 price range.
- In July 2024, Shiba Inu experienced a price range of around $0.000015.
- Shiba Inu experienced a slight price recovery around August, with some upward momentum in the market sentiments. The price ranged from about $0.000015 to $0.000017, showing gradual upward movement.
- At the start of October 2024, the SHIB token has been trading at around $0.000015-$0.000017.
