$SHIB

Shiba Inu Price To Reach 50% In 7 Days

CoinCodex's surprising short-term Shiba Inu price forecast predicts a rapid comeback from unfavorable circumstances. Shiba Inu has been trading sideways for months, so the analyst's positive prognosis timetable is surprising.

The Machine Learning model expects a five-day surge for SHIB to $0.00002547. The projection predicts a 50% rise by April 3. The expected gain would be Shiba Inu's highest April price objective.

While CoinCodex remains positive on SHIB, the meme cryptocurrency disappointed in March, losing 9.78% of its already low value. Despite the current slump, the machine learning algorithm expects a speedy price rebound.

This would be a 50% drop from the $0.00002547 aim and a 12% increase from Shiba Inu's $0.0000123 market value.

A low Fear and Greed Index of 26 indicates market uncertainty. This means pessimistic investors may hesitate to establish or maintain positions, predicting a further market decline or consolidation before a big upward advance.

SHIB has experienced 15 of 30 green days in the last month, declining 8.96%, according to CoinMarketCap. Negative SHIB market sentiment suggests investor skepticism, which might dampen purchasing demand.

Shiba Inu's 14-day Relative Strength Index (RSI) of 46 indicates that it is neither oversold nor overbought. Shiba Inu must soon overcome negative pressure and gain bullish momentum to achieve CoinCodex's forecasted spike of $0.00002547. This requires a major market and investor mood change.

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