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Shiba Inu coin price prediction 2024-2030: Is SHIB skyrocketing soon?

Key takeaways

  • In 2024, the Shiba Inu price could reach a maximum value of $0.000018.

  • By 2027, the SHIB price could reach the maximum possible level of $0.00057 with an average forecast price of $0.00048.

  • The SHIB price can reach a maximum price value of $0.000167 with an average value of $0.000145 in 2030.

 

The Shiba Inu (SHIB) cryptocurrency, originally a meme coin, has evolved into a comprehensive ecosystem with significant 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 SHIB sustain its momentum and solidify its position in the crypto market? Can SHIB ever reach $1?

Overview

Cryptocurrency

Shiba Inu

Token

SHIB

Price

$0.00001688

Market Cap

$9,964,881,729

Trading Volume

$213,079,799

Circulating Supply

589,270,746,074,984

All-time High

$0.00008845  Oct 27, 2021

All-time Low

$0.00000000008165  Aug 31, 2020

24 High

$0.00001546

24 Low

$0.00001296

Shiba Inu price prediction: Technical analysis


Metric

Value

Price Prediction

$ 0.00001428  (-4.64%)

Volatility

14.79%

50-Day SMA

$0.00002175

14-Day RSI

29.04

Sentiment

Bearish

Fear & Greed Index

26 (Fear)

Green Days

11/30 (37%)

200-Day SMA

$0.00001922

Today’s Shiba Inu price is $0.00001688, with a 24-hour trading volume of $213,079,799. Shiba Inu has risen 5.22% in the last 24 hours. The current CoinMarketCap ranking is 13, with a live market cap of $9,964,881,729. It has a circulating supply of 589,270,746,074,984 SHIB coins; the maximum Supply is unavailable.

Shiba Inu price analysis: Bulls regain stability at $0.00001688 as buying pressure mounts

  • Shiba Inu price analysis shows bullish progress.
  • The resistance level for SHIB is present at $0.00001713.
  • SHIB will pursue higher levels as support is $0.0000158.

 

The Shiba Inu price analysis indicates a significant improvement in today’s SHIB/USD value. There are positive signs for the buyers as the market has experienced bullish momentum in the past few hours. The Bulls have pushed past the $0.00001600 level and successfully defeated the Bears in their feat. The price levels have been regulated vividly, and a further rise in price can be expected quite soon. SHB/USD is up by 5.22%, and the current price is $0.00001688; the Bulls have maintained stability at this level.

Shiba 1-day price analysis: Bulls hold price levels after  high volatility

The price trend of SHIB/USD has been quite volatile in the past few hours. The market has seen highs ($0.00001713) and lows ($0.0000158). The Bulls have come with a strong resurgence, and the buyers are starting to mount more buying pressure. A further rise in price can be expected. The present resistance level is at $0.00001713; a further break above this could lead to higher levels for SHIB/USD. The support level for the market is $0.0000158, and if broken, the Bears may gain some control in the short term.

Shiba Inu price analysis
SHIB/USD 1-day price chart Source: TradingView

The Bollinger Bands on the daily chart indicate a strong bullish trend in the SHIB/USD value. The price is above the average line and has already broken out of the upper BB, suggesting high volatility. The upper Bollinger is at $0.00001662, and the lower Bollinger is at $0.00001501. The Relative Strength Index on the daily chart is above 40 levels, indicating that the buying pressure is struggling and the market is currently in neutral territory. The Moving average indicator is $0.00001645, suggesting the price is below its average value.

Shiba Inu price analysis: SHIB is on track toward a better score

The 4-hour Shiba Inu price analysis is declaring a significant rise in the price today, as the value has climbed up to $0.00001688. The bullish momentum stabilizes with every passing hour as they aim for the resistance mark of $0.00001713, from where they can successfully break into higher levels.

Shiba Inu price analysis
SHIB/USD 4-hour price chart Source: TradingView

The moving average indicator on the four-hour chart is $0.00001657, indicating the price is slightly above its average value. The Relative Strength Index is just above 50 levels, hinting that bulls are struggling and the market is currently neutral. The Bollinger Bands also indicate a strong bullish sentiment in the SHIB/USD pair, with the upper band at $0.00001646 and the lower band at $0.00001595. The price is above the average, suggesting a positive market trend for SHIB/USD in the coming hours.

Shiba Inu technical indicators: Levels and action

Daily simple moving average (SMA)

Period

Value

Action

SMA 3

$0.00001591

BUY

SMA 5

$0.00001592

BUY

SMA 10

$0.00001677

SELL

SMA 21

$0.00001791

SELL

SMA 50

$0.00002158

SELL

SMA 100

$0.00002340

SELL

SMA 200

$0.00001925

SELL

Daily exponential moving average (EMA) 

Period

Value

Action

EMA 3

$0.00001690

SELL

EMA 5

$0.00001716

SELL

EMA 10

$0.00001779

SELL

EMA 21

$0.00001930

SELL

EMA 50

$0.00002149

SELL

EMA 100

$0.00002189

SELL

EMA 200

$0.00001962

SELL

What to expect from Shiba Inu price analysis

Shiba Inu price analysis states that the bulls are steadily gaining momentum and have successfully conquered resistance levels, giving us a positive outlook for the upcoming hours. The market is quite volatile, and high buying pressure needs to be maintained to push past resistance levels. The support and resistance levels of SHIB/USD are $0.0000158 and $0.00001713, respectively, which could be broken in the short term.

Recent news/opinion on Shiba Inu

  • DEXToolsApp now supports ShibaSwap

Is Shiba Inu a good investment?

Shiba Inu (SHIB) has shown potential as a worthwhile investment, driven by several key factors that could spark a significant rally in its price. Despite delisting a low-volume trading pair, Binance continues to support SHIB despite maintaining eight active spot pairs including SHIB/USDT. Coinbase Derivatives plans to launch a regulated futures contract for SHIB, potentially increasing investor exposure starting July 15. Additionally, Grayscale has spotlighted SHIB among the top 10 most valuable assets, enhancing its visibility and credibility in the market.

Recent data reveals a 6,000% surge in SHIB’s burn rate, reducing supply and fostering positive market sentiment. The upcoming Bitcoin conference featuring Donald Trump and Welly’s fast-food chain expansion inspired by Shiba Inu further adds to the bullish outlook. Although SHIB remains volatile, these developments suggest a promising future for the token, making it an intriguing option for investors looking to diversify their cryptocurrency portfolio.

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 capitalization required. Significant demand increases and supply reductions would be necessary to approach such a price.

Will SHIB reach $10

It is highly unlikely that SHIB will reach $10 due to its enormous circulating supply and the unrealistic market capitalization required.

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 a good long-term future?

SHIB shows some positive movement, suggesting SHIB may have a promising long-term future. However, its success will depend on continued adoption, market trends, and developments within the cryptocurrency space.

Shiba Inu price prediction for July 2024

Based on the price fluctuations of Shiba Inu at the beginning of July 2024, the average SHIB rate is expected to be $0.00001688. Its minimum and maximum prices can be expected at $0.0000158 and $0.00001713, respectively.

Shiba Inu price prediction

Potential Low

Potential Average

Potential High

Shiba Inu price prediction for July 2024

$0.0000158

$0.00001688

$0.00001713

Shiba Inu price prediction 2024

In 2024, the minimum price of Shiba Inu will be around $0.0000158. The maximum expected price for SHIB may be around $0.00001713. On average, the trading price might be $0.00001688.

Shiba Inu price prediction

Potential Low

Potential Average

Potential High

Shiba Inu price prediction 2024

$0.0000158

$0.00001688

$0.00001713

Shiba Inu price prediction 2024-2030

 

Year

Minimum

Average

Maximum

2025

$0.000022

$0.000023

$0.000028

2026

$0.000032

$0.000034

$0.000040

2027

$0.000047

$0.000048

$0.000057

2028

$0.000067

$0.000070

$0.000083

2029

$0.000097

$0.000100

$0.000115

2030

$0.000140

$0.000145

$0.000167

Shiba Inu Price Prediction 2025

Shiba Inu price is forecast to reach a lowest possible level of $0.000022 in 2025. As per findings, the SHIB price could reach a maximum possible level of $0.000028 with the average forecast price of $0.000023.

SHIB Price prediction 2026 

The price of Shiba Inu is predicted to reach at a minimum value of $0.000032 in 2026. The Shiba Inu price could reach a maximum value of $0.000040 with the average trading price of $0.000034 throughout 2026.

Shiba Inu (SHIB) Price Prediction 2027

As per the forecast price and technical analysis, In 2027 the price of Shiba Inu is predicted to reach at a minimum level of $0.000047. The SHIB price can reach a maximum level of $0.000057 with the average trading price of $0.000048.

Shiba Inu Price Prediction 2028

The price of Shiba Inu is predicted to reach at a minimum value of $0.000067 in 2028. The Shiba Inu price could reach a maximum value of $0.000083 with the average trading price of $0.000070 throughout 2028.

Shiba Inu Price Prediction 2029

The price of Shiba Inu is expected to reach at a minimum level of $0.000097 in 2029. The SHIB price can reach a maximum level of $0.000115 with the average price of $0.000100 throughout 2029.

Shiba Inu (SHIB) Price Prediction 2030

In 2030 the price of Shiba Inu is forecasted to be at around a minimum value of $0.000140. The Shiba Inu price value can reach a maximum of $0.000167 with the average trading value of $0.000145 in USD.

Shiba Inu market price prediction: Analysts’ SHIB price forecast

Firm Name 2024 2025
Gov.Capital $0.000185 $0.00021275
DigitalCoinPrice $0.000397 $0.000145
Technewsleader $0.00013855 $0.00052422

Cryptopolitan’s Shiba Inu price prediction

According to Cryptopolitan, Shiba Inu (SHIB) may reach a maximum price of $0.000034 by 2024. By 2026, the price of Shiba Inu is predicted to reach a minimum value of $0.000076 in 2026. The Shiba Inu price could reach a maximum value of $0.000088 with an average trading price of $0.000078.

Shiba Inu historic price sentiment

SHIB price history; Source: Coinmarketcap
  • Memecoin Shiba Inu saw its price grow 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, the price of Shiba Inu was relatively low, trading around $0.000025.
  • In May 2022, the price saw a sharp decline, dropping to approximately $0.000008.
  • Throughout the rest of 2022, Shiba Inu’s price remained fairly 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.
  • Moving into 2024, Shiba Inu experienced another surge in March, 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.

FAQs

Where can I buy Shiba Inu?

You can buy Shiba Inu on  Uniswap decentralized exchange and Binance cryptocurrency exchanges.

What are Shiba Inu dogs?

Shiba Inus are a type of short dog with prick ears, short paws white markings on their face and chest (white ventral collar) and a brown outer coat with a spirited boldness and good nature. Shibas were originally bred in Japan to hunt small game and dog sports. Their grooming requires regular bathing and daily brushing unlike most breeds (Other dogs). It is a number 1 companion dog after undergoing obedience training. Hip dysplasia is one of the common health conditions for Shibas. Organizations involved with Shibas include the American kennel club, the national breed club, and the Shiba Inu rescue association.

Where can I buy Shiba Inu coins?

You can buy Shiba Inu at Binance, Okex and Bitfinex.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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