Shiba

Rally

2024

Shiba Inu

Coin

<p>The post <a href="https://coinpedia.org/news/shiba-inu-to-moon-meme-coin-poised-for-52-surge-to-0-00001492-says-crypto-expert/">Shiba Inu Price Headed for the Moon? Expert Predicts 52% Surge for SHIB Price</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Cryptocurrency enthusiasts are keeping a close eye on <a href="https://coinpedia.org/price-prediction/shiba-inu-price-prediction/">Shiba Inu (SHIB)</a>, the dog-themed digital currency, as it charts its recent performance amidst speculation of a substantial surge. Despite trailing behind some market counterparts in the current uptrend, an expert foresees Shiba Inu making a remarkable 52% leap, potentially reaching $0.00001492.</p> 
<p>Here’s what’s new with the meme coin we all love. </p> 
<h2 class="wp-block-heading" id="h-shiba-inu-s-recent-moves">Shiba Inu’s Recent Moves</h2> 
<p>Shiba Inu, while not fully embracing the ongoing market rally, has experienced a <a href="https://coinpedia.org/news/shiba-inus-burn-rate-soars-1411-as-one-zero-vanishes-from-shib-price/">notable upswing</a> in prices. A significant milestone was achieved earlier this week when Shiba Inu successfully shed a zero from its price, following a 4% surge on February 15 that propelled the token beyond the $0.00001 threshold.</p> 
<p>However, the thrill was short-lived as SHIB dipped below $0.00001, only to currently hover around $0.00000973.</p> 
<h2 class="wp-block-heading" id="h-analyst-predicts-a-bullish-future">Analyst Predicts a Bullish Future</h2> 
<p>Renowned crypto expert and Shiba Inu enthusiast, ‘$SHIB KNIGHT,’ took to Twitter to share an optimistic forecast for SHIB’s future. The expert predicts a resurgence past the $0.00001 mark, aiming for $0.00001011, $0.00001193, and $0.00001309, culminating in an ultimate target of $0.00001492 – a robust 52.7% rally from its current value of $0.00000977.</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SHIB</a> 1WEEK Chart<br><br>Shiba Inu breaks downtrend on weekly chart &amp; it's on 953 support now. Market is good, next leg is loading.<br><br><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f53a.png" alt="🔺" class="wp-smiley" style="height: 1em; max-height: 1em;">Targets: 1011, 1193, 1309, 1492<br><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f53a.png" alt="🔺" class="wp-smiley" style="height: 1em; max-height: 1em;">Supports: 953, 896, 880 <a href="https://t.co/clHxBWh5Wk">pic.twitter.com/clHxBWh5Wk</a></p>— $SHIB KNIGHT (@army_shiba) <a href="https://twitter.com/army_shiba/status/1757802650148524147?ref_src=twsrc%5Etfw">February 14, 2024</a>
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<p>Also Read: <a href="https://coinpedia.org/price-analysis/shiba-inu-and-dogecoin-price-prediction-chatgpt-forecasts-massive-gains-for-both/">Shiba Inu and Dogecoin Price Prediction: ChatGPT Forecasts Massive Gains For Both</a></p> 
<h3 class="wp-block-heading" id="h-market-insights-positive-sentiment-and-breakouts">Market Insights: Positive Sentiment and Breakouts</h3> 
<p>$SHIB KNIGHT supports these predictions by highlighting the prevailing positive sentiment in the market and Shiba Inu’s recent breakout in the weekly charts as catalysts for the anticipated surge.</p> 
<p>Furthermore, the analyst points to the significant move of SHIB crossing the 50-day EMA at $0.00000940, a historical precursor to an 80% price increase in October 2023.</p> 
<p>The expert emphasizes essential support levels for Shiba Inu at $0.00000953, $0.00000896, and $0.00000880, serving as potential buffers against market fluctuations.</p> 
<h2 class="wp-block-heading" id="h-shiba-price-analysis"><strong>Shiba Price Analysis</strong></h2> 
<p>Presently, SHIB is actively trading at <a href="https://markets.coinpedia.org/shiba-inu/">$0.00000973</a>, indicating a 1.83% decrease in the last 24 hours and placing its market capitalization around US$5.84 billion.</p> 
<p>Despite a steep 88.7% decline from its all-time high of $0.00008616 in October 2021, Shiba Inu maintains support above the EMA20 trend line. With the RSI hovering around 65 and the 20-day EMA on an upward trajectory, sellers currently find themselves without a clear advantage in the market.</p> 
<p>This Might Interest You: <a href="https://coinpedia.org/price-analysis/top-3-new-meme-coins-to-invest-for-100x-returns-in-a-short-time/">Top 3 New Meme coins to invest for 100x returns in a short time!</a></p> 
<p><strong>So, are you ready to ride the Shiba wave?</strong></p>

Shiba Inu Price Headed for the Moon? Expert Predicts 52% Surge for SHIB Price

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