Shiba Inu (SHIB) Price Prediction

Since peaking at $0.0000457 on March 5, Shiba Inu (SHIB) has been forming lower lows and lower highs. The meme coin has been unable to hold and overcome resistance levels at higher prices over the past month. In the short term, the upside could push SHIB to trade above $0.0000253, which could initiate a 25% recovery to $0.0000315.

In a more bullish case, the Shiba Inu could rally in an attempt to retest the resistance at $0.0000355. The token's technical analysis also points to this bullish price action. However, if the general trend in the market changes, the price of the Shiba Inu coin could fall by 20% to the next support level of 0.0000160 USD.

I predict Dogecoin (DOGE) will increase by 30%

Dogecoin (DOGE) has failed to keep up with the rest of the crypto market over the past two weeks. However, analyst Kevin is optimistic that the OG dog-themed token could skyrocket in the near future.

Kevin noted that DOGE has formed an inverse head and shoulders pattern on the daily chart with the current range occurring at the neckline. He expects Dogecoin to start trending upward in the next 2-3 days to $0.22. This would be a 32% price realignment from the current Dogecoin price range. DOGE is hovering around $0.1488 and $0.1716, a weekly gain of 6.4% $DOGE $SHIB #dogeocin #SHİB #MemeWatch2024