Shiba

Cryptocurrency

Cardano

Terra Classic

Shiba Inu

<div class="finbold">
 <p class="paragraph">As Christmas approaches, savvy investors are turning their attention to the crypto market, seeking opportunities that could offer substantial returns. Shiba Inu (SHIB), a popular cryptocurrency, stands out as a prime candidate for this holiday investment.</p>
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 <p class="paragraph">Why? Because, beyond its growing popularity, SHIB presents a unique blend of volatility and potential that makes it especially appealing during the festive season.</p>
 <p class="paragraph">With these factors at play, Finbold reached out to <em>PricePredictions</em>, a platform renowned for employing advanced machine <a rel="noopener noreferrer nofollow" title="learning" href="https://thebittimes.com/tag/learning.html">learning</a> <a rel="noopener noreferrer nofollow" title="algorithm" href="https://thebittimes.com/tag/algorithm.html">algorithm</a>s. These <a rel="noopener noreferrer nofollow" title="algorithm" href="https://thebittimes.com/tag/algorithm.html">algorithm</a>s carefully examine ever-changing market conditions and analyze pertinent indicators to gauge the probability of Shiba Inu gains by Christmas day.</p>
 <figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="471" src="https://cdn.thebittimes.com/images/2023/11/29/267236fd28d03429e1caff4a3a54c890.webp" alt="SHIB price prediction for December 25th. Source: PricePredicitons" class="wp-image-140156" srcset="https://cdn.thebittimes.com/images/2023/11/29/267236fd28d03429e1caff4a3a54c890.webp 1024w, https://cdn.thebittimes.com/images/2023/11/29/267236fd28d03429e1caff4a3a54c890.webp 300w, https://cdn.thebittimes.com/images/2023/11/29/267236fd28d03429e1caff4a3a54c890.webp 768w, https://cdn.thebittimes.com/images/2023/11/29/267236fd28d03429e1caff4a3a54c890.webp 1536w, https://cdn.thebittimes.com/images/2023/11/29/267236fd28d03429e1caff4a3a54c890.webp 2048w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   SHIB price prediction for December 25th. Source: PricePredicitons
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 </figure>
 <p class="paragraph">Surprisingly, the algorithms project that SHIB will fall to $0.00000825 by the end of the month, representing a -1.67% decrease from the current asset price at the time of publication.</p>
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 <p class="paragraph">The calculation is derived from an extensive array of technical indicators, including moving average convergence divergence (MACD), relative strength index (RSI), Bollinger Bands (BB), and others.</p>
 <h2 class="wp-block-heading" id="h-shiba-inu-price-analysis">Shiba Inu price analysis</h2>
 <p class="paragraph">The Shiba Inu <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> chart draws the focus of technical <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a>, depicting a situation that requires attention. Following a phase of volatility, SHIB examines a support level, with its <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> movement closely following the lower limits of a descending channel pattern.</p>
 <p class="paragraph">The RSI is positioned in a neutral zone, indicating the absence of an immediate overbought or oversold condition.</p>
 <p class="paragraph">At the time of press, SHIB was trading at $0.00000834, representing an increase of 2.84% in the previous 24 hours. These gains come after a solid week where this crypto added 3.75% to its value and a 4.26% increase over the 30 days.</p>
 <figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="683" src="https://cdn.thebittimes.com/images/2023/11/29/0def173c713ba94e18644a35dd954bd3.webp" alt="SHIB 24-hour price chart.  Source: Finbold
" class="wp-image-140157" srcset="https://cdn.thebittimes.com/images/2023/11/29/0def173c713ba94e18644a35dd954bd3.webp 1024w, https://cdn.thebittimes.com/images/2023/11/29/0def173c713ba94e18644a35dd954bd3.webp 300w, https://cdn.thebittimes.com/images/2023/11/29/0def173c713ba94e18644a35dd954bd3.webp 768w, https://cdn.thebittimes.com/images/2023/11/29/0def173c713ba94e18644a35dd954bd3.webp 1200w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   SHIB 24-hour price chart. Source: Finbold
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 </figure>
 <p class="paragraph">In the last year, Shiba Inu has undergone a <a rel="noopener noreferrer nofollow" title="price" href="https://thebittimes.com/tag/price.html">price</a> decrease of -10%. This decrease indicates that SHIB has been outperformed by 78% of the top 100 crypto assets.</p>
 <p class="paragraph">It is important to note that this cryptocurrency is currently trading below its 200-day simple moving average. However, its recent gains contributed to 16 green days in the previous month.</p>
 <p class="paragraph"><strong><em>Disclaimer:</em></strong><em> The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.</em></p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/machine-learning-algorithm-predicts-shiba-inu-price-for-xmas-day-tbt72020.html">https://thebittimes.com/machine-learning-algorithm-predicts-shiba-inu-price-for-xmas-day-tbt72020.html</a></p>

Machine learning algorithm predicts Shiba Inu price for Xmas day

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