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Shiba Inu

<ul class="wp-block-list"> 
 <li><strong>Bullish SHIB price prediction for 2024 is $0.00002026 to $0.00003311.</strong></li> 
 <li><strong>Shiba Inu (SHIB) price might reach $0.0001 soon.</strong></li> 
 <li><strong>Bearish SHIB price prediction for 2024 is $0.00000759.</strong></li> 
</ul> 
<p>In this Shiba Inu (SHIB) <a href="https://thenewscrypto.com/markets/price-prediction/" target="_blank" rel="noreferrer noopener">price prediction</a> 2024, 2025-2030,&nbsp; we will analyze the price patterns of SHIB by using accurate trader-friendly technical analysis indicators and predict the future movement of the <a href="https://thenewscrypto.com/tag/cryptocurrency/" target="_blank" rel="noreferrer noopener">cryptocurrency</a>.</p> 
<figure class="wp-block-table aligncenter">
 <table>
  <tbody>
   <tr>
    <td><strong>
      <div align="center">
       TABLE OF CONTENTS
      </div></strong></td>
   </tr>
   <tr>
    <td>
     <div align="center">
      INTRODUCTION
     </div></td>
   </tr>
   <tr>
    <td>
     <ul>
      <li>Shiba Inu (SHIB) Current Market Status</li>
      <li>What is Shiba Inu (SHIB)?</li>
      <li>Shiba Inu (SHIB) 24H Technicals</li>
     </ul></td>
   </tr>
   <tr>
    <td>
     <div align="center">
      SHIBA INU (SHIB) PRICE PREDICTION 2024
     </div></td>
   </tr>
   <tr>
    <td>
     <ul>
      <li>Shiba Inu (SHIB) Support and Resistance Levels</li>
      <li>Shiba Inu (SHIB) Price Prediction 2024 — RVOL, MA, and RSI</li>
      <li>Shiba Inu (SHIB) Price Prediction 2024 — ADX, RVI</li>
      <li>Comparison of SHIB with BTC, ETH</li>
     </ul></td>
   </tr>
   <tr>
    <td>SHIBA INU (SHIB) PRICE PREDICTION 2025, 2026, 2027-2030</td>
   </tr>
   <tr>
    <td>CONCLUSION</td>
   </tr>
   <tr>
    <td>FAQ</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="h-shiba-inu-shib-current-market-status">Shiba Inu (SHIB) Current Market Status</h2> 
<figure class="wp-block-table is-style-regular"> 
 <table> 
  <tbody style="box-shadow: 0px 2px 4px rgb(3 4 28 / 50%);"> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">Current Price</td> 
    <td style="border: 1px solid #01557b;">$0.00001895</td> 
   </tr> 
   <tr>
    <td style="border: 1px solid #01557b;">24 – Hour Price Change</td> 
    <td style="border: 1px solid #01557b;">6.95% Up</td> 
   </tr> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">24 – Hour Trading Volume</td> 
    <td style="border: 1px solid #01557b;">$1.15B</td> 
   </tr> 
   <tr> 
    <td style="border: 1px solid #01557b;">Market Cap</td> 
    <td style="border: 1px solid #01557b;">$11.18B</td> 
   </tr> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">Circulating Supply</td> 
    <td style="border: 1px solid #01557b;">589.26T SHIB</td> 
   </tr> 
   <tr>
    <td style="border: 1px solid #01557b;">All – Time High</td> 
    <td style="border: 1px solid #01557b;">$0.00008845 (On Oct 28, 2021) &nbsp;</td> 
   </tr> 
   <tr style="background-color: rgb(2 86 121 / 40%);"> 
    <td style="border: 1px solid #01557b;">All – Time Low</td> 
    <td style="border: 1px solid #01557b;">$0.00000000008165 (On Sep 01, 2020) &nbsp;</td> 
   </tr> 
  </tbody> 
 </table> <em>
  <figcaption class="wp-element-caption" style="text-align: center;">
   SHIB Current Market Status (Source: <a href="https://coinmarketcap.com/currencies/shiba-inu/" target="_blank" rel="noreferrer noopener nofollow">CoinMarketCap</a>)
  </figcaption></em> 
</figure> 
<h2 class="wp-block-heading" id="what-is-shiba-inu-shib">What is Shiba Inu (SHIB)</h2> 
<figure class="wp-block-table is-style-stripes">
 <table>
  <tbody>
   <tr>
    <td><strong>TICKER</strong></td>
    <td>SHIB</td>
   </tr>
   <tr>
    <td><strong>BLOCKCHAIN</strong></td>
    <td>Ethereum</td>
   </tr>
   <tr>
    <td><strong>CATEGORY</strong></td>
    <td>Decentralized cryptocurrency</td>
   </tr>
   <tr>
    <td><strong>LAUNCHED ON</strong></td>
    <td>August 2020</td>
   </tr>
   <tr>
    <td><strong>UTILITIES</strong></td>
    <td>Governance, Fast Transactions, gas fees &amp; rewards</td>
   </tr>
  </tbody>
 </table>
</figure> 
<p>Shiba Inu (SHIB) was launched on the Ethereum blockchain and also resides on the Binance Smart Chain (BSC). This popular <a href="https://thenewscrypto.com/shiba-inu-shib-burn-rate-soars-3800-heres-what-you-need-to-know/" target="_blank" rel="noreferrer noopener">memecoin</a> was developed and launched in 2020 by a pseudonymous founder Ryoshi. Shiba Inu exists as a potential contender to the largest memecoin, Dogecoin (DOGE).</p> 
<p>The Shiba Inu ecosystem will likely launch its layer-2 blockchain called Shibarium by 2023. In March 2023, Shibarium Beta – named <a href="https://thenewscrypto.com/shib-new-record-shibarium-surpasses-20-million-transactions/" target="_blank" rel="noreferrer noopener">Puppynet</a> – was launched. Alongside <a href="https://thenewscrypto.com/shiba-inu-transaction-volume-sky-rockets-indicating-whales-dominance/" target="_blank" rel="noreferrer noopener">SHIB</a>, Bone ShibaSwap (BONE) and Doge Killer (LEASH) are other tokens of the Shiba Inu ecosystem.</p> 
<h2 class="wp-block-heading" id="shiba-inu-24h-technicals">Shiba Inu 24H Technicals</h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" width="1024" height="367" src="https://thenewscrypto.com/wp-content/uploads/2024/10/SHIB-24H-Technicals-2--1024x367.png" alt="" class="wp-image-112920" srcset="https://thenewscrypto.com/wp-content/uploads/2024/10/SHIB-24H-Technicals-2--1024x367.png 1024w, https://thenewscrypto.com/wp-content/uploads/2024/10/SHIB-24H-Technicals-2--300x108.png 300w, https://thenewscrypto.com/wp-content/uploads/2024/10/SHIB-24H-Technicals-2--768x276.png 768w, https://thenewscrypto.com/wp-content/uploads/2024/10/SHIB-24H-Technicals-2-.png 1477w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   <em>(Source: </em><a href="https://www.tradingview.com/symbols/SHIBUSDT/?exchange=BINANCE" target="_blank" rel="noreferrer noopener nofollow"><em>TradingView</em></a><em>)</em>
  </figcaption>
 </figure>
</div> 
<h2 class="wp-block-heading" id="shiba-inu-shib-price-prediction-2024">Shiba Inu (SHIB) Price Prediction 2024</h2> 
<p>Shiba Inu (SHIB) ranks 12th on CoinMarketCap in terms of its market capitalization. The overview of the Shiba Inu price prediction for 2024 is explained below with a daily time frame.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/L6shYBVq/" alt="">
  <figcaption class="wp-element-caption">
   <em>SHIB/USDT Horizontal Channel Pattern (Source: </em><a href="https://www.tradingview.com/symbols/SHIBUSDT/?exchange=BINANCE" target="_blank" rel="noreferrer noopener nofollow"><em>TradingView</em></a><em>)</em>
  </figcaption>
 </figure>
</div> 
<p>In the above chart, Shiba Inu (SHIB) laid out a Horizontal Channel, also known as the sideways trend. The horizontal channel is generally formed during price consolidation. In this pattern, the upper trendline, which connects the highs, and the lower trendline, which connects the lows, run horizontally parallel, and the price action is contained within it.&nbsp;</p> 
<p>A horizontal channel is often regarded as one of the suitable patterns for timing the market as the buying and selling points are in consolidation.</p> 
<p>At the time of analysis, the price of Shiba Inu (SHIB) was recorded at $0.00001925. If the pattern trend continues, then the price of SHIB might reach the resistance levels of $0.00002024, and $0.00003194. If the trend reverses, then the price of SHIB may fall to the support of $0.00001569, and $0.00001254.</p> 
<h2 class="wp-block-heading" id="shiba-inu-shib-resistance-and-support-levels">Shiba Inu (SHIB) Resistance and Support Levels</h2> 
<p>The chart given below elucidates the possible resistance and support levels of Shiba Inu (SHIB) in 2024.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/iwMSVSoi/" alt="">
  <figcaption class="wp-element-caption">
   <em>SHIB/USDT Resistance and Support Levels (Source: </em><a href="https://www.tradingview.com/symbols/SHIBUSDT/?exchange=BINANCE" target="_blank" rel="noreferrer noopener nofollow"><em>TradingView</em></a><em>)</em>
  </figcaption>
 </figure>
</div> 
<p>From the above chart, we can analyze and identify the following as resistance and support levels of Shiba Inu (SHIB) for 2024.</p> 
<figure class="wp-block-table is-style-stripes">
 <table class="has-fixed-layout">
  <tbody>
   <tr>
    <td>Resistance Level 1</td>
    <td>$0.00002026</td>
   </tr>
   <tr>
    <td>Resistance Level 2</td>
    <td>$0.00003311</td>
   </tr>
   <tr>
    <td>Support Level 1</td>
    <td>$0.00001246</td>
   </tr>
   <tr>
    <td>Support Level 2</td>
    <td>$0.00000759</td>
   </tr>
  </tbody>
 </table>
 <figcaption class="wp-element-caption">
  <em>SHIB Resistance &amp; Support Levels</em>
 </figcaption>
</figure> 
<h2 class="wp-block-heading" id="shiba-inu-shib-price-prediction-2024-rvol-ma-and-rsi">Shiba Inu (SHIB) Price Prediction 2024 — RVOL, MA, and RSI</h2> 
<p>The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Shiba Inu (SHIB) are shown in the chart below.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/mm8ua1f5/" alt="">
  <figcaption class="wp-element-caption">
   <em>SHIB/USDT RVOL, MA, RSI (Source: </em><a href="https://www.tradingview.com/symbols/SHIBUSDT/?exchange=BINANCE" target="_blank" rel="noreferrer noopener nofollow"><em>TradingView</em></a><em>)</em>
  </figcaption>
 </figure>
</div> 
<p>From the readings on the chart above, we can make the following inferences regarding the current Shiba Inu (SHIB) market in 2024.</p> 
<figure class="wp-block-table is-style-stripes">
 <table class="has-fixed-layout">
  <tbody>
   <tr>
    <td><strong>INDICATOR</strong></td>
    <td><strong>PURPOSE</strong></td>
    <td><strong>READING</strong></td>
    <td><strong>INFERENCE</strong></td>
   </tr>
   <tr>
    <td>50-Day Moving Average (50MA)</td>
    <td>Nature of the current trend by comparing the average price over 50 days</td>
    <td>50 MA = $0.00001738<br>Price = $0.00001936<br><em>(50MA &lt; Price)</em></td>
    <td>Bullish/Uptrend</td>
   </tr>
   <tr>
    <td>Relative Strength Index (RSI)</td>
    <td>Magnitude of price change;Analyzing oversold &amp; overbought conditions</td>
    <td>60.27813288<br><em>&lt;30 = Oversold<br>50-70 = Neutral</em><br><em>&gt;70 = Overbought</em></td>
    <td>Neutral</td>
   </tr>
   <tr>
    <td>Relative Volume (RVOL)</td>
    <td>Asset’s trading volume in relation to its recent average volumes</td>
    <td>Above cutoff line</td>
    <td>Strong volume</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="shiba-inu-shib-price-prediction-2024-adx-rvi">Shiba Inu (SHIB) Price Prediction 2024 — ADX, RVI</h2> 
<p>In the below chart, we analyze the strength and volatility of Shiba Inu (SHIB) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/HkyEkVXT/" alt="">
  <figcaption class="wp-element-caption">
   <em>SHIB/USDT ADX, RVI (Source: </em><a href="https://www.tradingview.com/symbols/SHIBUSDT/?exchange=BINANCE" target="_blank" rel="noreferrer noopener nofollow"><em>TradingView</em></a><em>)</em>
  </figcaption>
 </figure>
</div> 
<p>From the readings on the chart above, we can make the following inferences regarding the price momentum of Shiba Inu (SHIB).</p> 
<figure class="wp-block-table is-style-stripes">
 <table class="has-fixed-layout">
  <tbody>
   <tr>
    <td><strong>INDICATOR</strong></td>
    <td><strong>PURPOSE</strong></td>
    <td><strong>READING</strong></td>
    <td><strong>INFERENCE</strong></td>
   </tr>
   <tr>
    <td>Average Directional Index (ADX)</td>
    <td>Strength of the trend momentum</td>
    <td>11.10771749</td>
    <td>Weak Trend</td>
   </tr>
   <tr>
    <td>Relative Volatility Index (RVI)</td>
    <td>Volatility over a specific period</td>
    <td>49.32<br><em>&lt;50 = Low<br>&gt;50 = High</em></td>
    <td>Low Volatility</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="comparison-of-shib-with-btc-eth">Comparison of SHIB with BTC, ETH</h2> 
<p>Let us now compare the price movements of Shiba Inu (SHIB) with that of Bitcoin (BTC), and Ethereum (ETH).</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" src="https://www.tradingview.com/x/81IvpMAc/" alt="">
  <figcaption class="wp-element-caption">
   <em>BTC Vs ETH Vs SHIB Price Comparison (Source: </em><a href="https://www.tradingview.com/symbols/SHIBUSDT/?exchange=BINANCE" target="_blank" rel="noreferrer noopener nofollow"><em>TradingView</em></a><em>)</em>
  </figcaption>
 </figure>
</div> 
<p>From the above chart, we can interpret that the price action of SHIB is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of SHIB also increases or decreases respectively.</p> 
<h2 class="wp-block-heading" id="shiba-inu-shib-price-prediction-2025-2026-2030">Shiba Inu (SHIB) Price Prediction 2025, 2026 – 2030</h2> 
<p>With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Shiba Inu (SHIB) between&nbsp; 2025, 2026, 2027, 2028, 2029, and 2030.</p> 
<figure class="wp-block-table is-style-stripes">
 <table>
  <tbody>
   <tr>
    <td><strong>Year&nbsp;</strong></td>
    <td><strong>Bullish Price&nbsp;</strong></td>
    <td><strong>Bearish Price</strong></td>
   </tr>
   <tr>
    <td>Shiba Inu (SHIB) Price Prediction 2025</td>
    <td>$0.0002</td>
    <td>$0.000006</td>
   </tr>
   <tr>
    <td>Shiba Inu (SHIB) Price Prediction 2026</td>
    <td>$0.0004</td>
    <td>$0.000005</td>
   </tr>
   <tr>
    <td>Shiba Inu (SHIB) Price Prediction 2027</td>
    <td>$0.0008</td>
    <td>$0.000004</td>
   </tr>
   <tr>
    <td>Shiba Inu (SHIB) Price Prediction 2028</td>
    <td>$0.001</td>
    <td>$0.000003</td>
   </tr>
   <tr>
    <td>Shiba Inu (SHIB) Price Prediction 2029</td>
    <td>$0.005</td>
    <td>$0.000002</td>
   </tr>
   <tr>
    <td>Shiba Inu (SHIB) Price Prediction 2030</td>
    <td>$0.008</td>
    <td>$0.000001</td>
   </tr>
  </tbody>
 </table>
</figure> 
<h2 class="wp-block-heading" id="conclusion">Conclusion</h2> 
<p>If Shiba Inu (SHIB) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Shiba Inu (SHIB) price prediction for 2024 is $0.00003311. Comparatively, if unfavorable sentiment is triggered, the bearish Shiba Inu (SHIB) price prediction for 2024 is $0.00000759.&nbsp;</p> 
<p>If the market momentum and investors’ sentiment positively elevates, then Shiba Inu (SHIB) might hit $0.0001. Furthermore, with future upgrades and advancements in the Shiba Inu ecosystem, SHIB might surpass its current all-time high (ATH) of $0.00008845, and mark its new ATH.</p> 
<h2 class="wp-block-heading" id="faq">FAQ</h2> 
<h4 class="wp-block-heading">1. What is Shiba Inu (SHIB)?</h4> 
<p>Shiba Inu (SHIB) is a popular memecoin that was launched in 2020 as an ERC-20 token. It is compatible with both the Ethereum blockchain and Binance Smart Chain (BSC).</p> 
<h4 class="wp-block-heading">2. Where can you purchase Shiba Inu (SHIB)?</h4> 
<p>Shiba Inu (SHIB) has been listed on many crypto exchanges which include Binance, Bybit, OKX, UZX, and Bitget.</p> 
<h4 class="wp-block-heading">3. Will Shiba Inu (SHIB) reach a new ATH soon?</h4> 
<p>With the ongoing developments and upgrades within the Shiba Inu Platform, SHIB has a high possibility of reaching its ATH soon.</p> 
<h4 class="wp-block-heading" id="h-4-what-is-the-current-all-time-high-ath-of-shiba-inu-shib">4. What is the current all-time high (ATH) of Shiba Inu (SHIB)?</h4> 
<p>On Oct 28, 2021, Shiba Inu (SHIB) reached its new all-time high (ATH) of $0.00008845.</p> 
<h4 class="wp-block-heading">5. What is the lowest price of Shiba Inu (SHIB)?</h4> 
<p>According to CoinMarketCap, SHIB hit its all-time low (ATL) of $0.00000000008165, On Sep 01, 2020.</p> 
<h4 class="wp-block-heading">6. Will Shiba Inu (SHIB) reach $0.0001?</h4> 
<p>If Shiba Inu (SHIB) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $0.0001 soon.</p> 
<h4 class="wp-block-heading">7. What will be Shiba Inu (SHIB) price by 2025?</h4> 
<p>Shiba Inu (SHIB) price is expected to reach $0.0002 by 2025.</p> 
<h4 class="wp-block-heading">8. What will be Shiba Inu (SHIB) price by 2026?</h4> 
<p>Shiba Inu (SHIB) price is expected to reach $0.0004 by 2026.</p> 
<h4 class="wp-block-heading">9. What will be Shiba Inu (SHIB) price by 2027?</h4> 
<p>Shiba Inu (SHIB) price is expected to reach $0.0008 by 2027.</p> 
<h4 class="wp-block-heading">10. What will be Shiba Inu (SHIB) price by 2028?</h4> 
<p>Shiba Inu (SHIB) price is expected to reach $0.001 by 2028.&nbsp;&nbsp;</p> 
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<p class="has-medium-font-size"><em><strong>Disclaimer:</strong> The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.</em></p>

Shiba Inu (SHIB) Price Prediction 2024, 2025, 2026-2030

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