SHIBA🚀

The bullish trend of Shiba Inu (SHIB) resumed as it broke above the moving average lines. The value of the cryptocurrency rose to a high of $0.00001520.

SHIB price long-term prediction: bullish
The price of the altcoin surpassed the projected price level of $0.00001489. The altcoin is currently bumping into the barrier of $0.00001520. Buyers have failed to break through the resistance at $0.00001520 since March 2, as reported by Coinidol.com.
On the upside, SHIB will reach a high of $0.00001700 if the current barrier is broken. The altcoin will move below the current high but above the moving average lines if it breaks down from the previous high. At the moment, SHIB is fluctuating below the threshold of $0.00001500.
SHIB indicator analysis
After the rally on April 9, as reported by Coinidol.com, the price bars are above the moving average lines. The strong selling pressure at the $0.00001500 threshold is evident from the extended candlestick wicks pointing above the recent threshold.
The price of the cryptocurrency forms a series of higher highs and higher lows on the 4-hour chart. The moving average lines have an upward trend.
Technical indicators
Key Resistance levels: $0.00002800, $0.00002900, $0.00003000
Key Support levels: $0.00002200, $0.00002000, $0.00001900

What is the next move for Shiba Inu?
The 4-hour chart shows that SHIB is in an uptrend. The price of the cryptocurrency rose to a high of $0.00001525 before retreating. The altcoin has pulled back from the resistance zone at $0.00001520 for the fourth time. Once buyers break through the resistance at $0.00001520, the uptrend will resume.

Disclaimer. This analysis and forecast are the personal opinions of the author. They are not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by CoinIdol.com. Readers should do their research before investing in funds.
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$SHIB

#shiba⚡
The Shiba Inu cryptocurrency faces potential long position liquidations exceeding $3 million if its price drops below a key support level, $0.00001382. This risk affects futures traders across major exchanges, with heightened market volatility expected as a consequence.

Shiba Inu's potential liquidation impact underscores volatile market conditions in the meme coin sector, driven largely by speculative retail participation. Price support at $0.00001382 is crucial to prevent a cascade of long liquidation contracts.

Shiba Inu's pricing dynamics and liquidation risks are spotlighted amid its recent trading patterns. Recent data reveals that the price peaked at $0.00001525 before descending, hovering near critical support. Traders closely monitor for breaches that may trigger extensive liquidations.

Key entities in this scenario include the Shiba Inu development team, futures exchanges like Binance and Gate.io, and large holders whose trades influence pricing. Shytoshi Kusama and Lucie remain notable figures, primarily emphasizing ecosystem development over specific liquidation risks.
Immediate impacts could destabilize the speculative trading environment, as the global market volatility lingers. Sharp price fluctuations anticipated from liquidation events will directly affect cryptocurrency participants, impacting both individual investors and institutional traders.

The financial implications involve substantial buy and sell pressures on SHIB derivatives markets, triggering potential ripple effects across related meme coins. Historical precedents indicate such scenarios often precede significant price swings in the broader crypto landscape.

"The primary risk is technical: if SHIB dips below $0.00001382, millions in leveraged long positions could be liquidated, sharply amplifying volatility."
Historical patterns indicate trading cycles in meme coins involve intensified leverage and liquidation risks. Previous price declines have led to intraday sell-offs, yet rebounds have globally encouraged speculative engagement, complicating the anticipated price trends further.
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#SHIBA🚀
$SHIB

#shiba⚡
The Shiba Inu ecosystem has witnessed a significant development with the launch of the Shibarium DApp Store, marking a milestone in the network's growth and expansion. This store currently hosts over 1200 diverse decentralized applications, reflecting the increasing activity and significant interest garnered by the Layer-2 platform, Shibarium.
Most impressively, the number of transactions on Shibarium has surpassed the one billion mark, an achievement that underscores the network's efficiency and its ability to accommodate a large volume of activity. This tremendous growth in the number of applications and transactions reaffirms the increasing role that Shibarium plays in the world of Decentralized Finance (DeFi) and decentralized applications in general.
The launch of the Shibarium DApp Store is a strategic move to enhance the adoption of Shibarium and attract more developers and users to the ecosystem. By providing a central platform for discovering decentralized applications built on Shibarium, it becomes easier for users to access a wide range of innovative services and products.
This development not only enhances the value and importance of Shibarium but also contributes to solidifying Shiba Inu's position as an integrated and robust ecosystem in the world of digital currencies. With the continued growth in the number of applications and transactions, more exciting innovations and developments can be expected in the future of Shibarium and Shiba Inu.
Key Points:
* Launch of the Shibarium DApp Store featuring over 1200 decentralized applications.
* The number of transactions on Shibarium has exceeded one billion.
* This growth reflects increasing activity and network efficiency.
* The store is a strategic step to boost Shibarium adoption and attract more users and developers.
* This development contributes to solidifying Shiba Inu's position as an integrated ecosystem.
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$SHIB

Current Price: $0.00001375

All-Time High: $0.00008845 (October 28, 2021)

Circulating Supply: ~589.25 trillion SHIB

Market Capitalization: ~$7.89 billion

Is a $1 Valuation for SHIB Feasible?

For Shiba Inu (SHIB) to achieve a price of $1, its market capitalization would need to exceed $589 trillion. To put this into context, such a valuation would be over 70 times greater than the total global cryptocurrency market—an outcome that is highly improbable under current and foreseeable economic conditions.

Although this target appears unrealistic, it is important to acknowledge the unpredictable nature of the cryptocurrency market, which has witnessed substantial growth and unexpected milestones in the past.

Reasons SHIB Still Holds Long-Term Potential

While a $1 price point may be out of reach, Shiba Inu continues to demonstrate growth potential due to several encouraging developments:

Accelerated Token Burns: Burn mechanisms have seen a surge in recent months, with rates increasing by more than 1,300%. This ongoing reduction in circulating supply may enhance scarcity and drive long-term value.
Bullish Technical Patterns: SHIB’s price chart is currently exhibiting an inverse head and shoulders pattern—a classic bullish indicator that could signal a move toward the $0.000081 level.
Ecosystem Expansion: The Shiba Inu project continues to evolve through key developments such as Shibarium (a Layer 2 blockchain solution), ShibaSwap (a decentralized exchange), and various metaverse and gaming initiatives. These efforts contribute to increased utility and investor confidence.

A More Realistic Price Target: $0.0001

While $1 may remain a speculative "moonshot," a price target of $0.0001 appears much more attainable, especially in a favorable market environment. Even modest investments could yield significant returns at this level:

$100 Investment → Approximately $727
$500 Investment → Approximately $3,635
$1,000 Investment → Approximately $7,270

These potential returns illustrate the strong upside that remains, even without reaching extreme valuations.

Conclusion

Although a $1 price for SHIB is not supported by current market fundamentals, the token still presents substantial upside potential at more conservative price targets. With ongoing project development, community engagement, and improved market sentiment, SHIB remains a noteworthy asset in the altcoin space.

Are you currently holding $SHIB , or are you waiting for the next breakout opportunity?