$SHIB
🚨 SHIB coin Price Prediction 🚨
At the time of writing, $SHIB is trading at $0.0000132, down 2% over the past 24 hours and 3% in the past seven days. As Bitcoin climbs, altcoins like Shiba Inu often follow suit, and technical indicators show that $SHIB is once again testing the crucial $0.0000150 resistance level.
A decisive breakout could set the price on a path toward $0.0000180. On the bearish side, if SHIB fails to hold the support at $0.0000128, it could drop further to the next support level at $0.0000122.
Based on technical indicators, Shiba Inu is currently trading below both its 50-day and 200-day simple moving averages (SMAs), which stand at $0.0000149 and $0.0000174, respectively. The Relative Strength Index (RSI) is currently at 55.11, indicating that the market is in a neutral zone.
Overall, the combination of technical breakout potential, ETF speculation, and market-wide bullish momentum paints a promising picture for Shiba Inu. Should key resistance levels be broken and broader investor sentiment remain positive, $SHIB could be gearing up for a rally reminiscent of its historic highs.