Shiba

Token

Shiba Inu

<p><span style="font-weight: 400;">The Shiba Inu price surged 8% in the last 24 hours </span><a href="https://coinmarketcap.com/currencies/shiba-inu/" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">to trade at $0.00003389</span></a><span style="font-weight: 400;"> as of 03:39 a.m. EST on trading volume that dropped 30% to $3.52 billion.</span></p>
<p><span style="font-weight: 400;">This development comes as meme coins soar again, with SHIB skyrocketing 163% in the past week. It’s also the top trending crypto on CoinMarketCap today</span></p>
<p><img decoding="async" class="alignnone size-full wp-image-487072" src="https://insidebitcoins.com/wp-content/uploads/2024/03/Top-trending-coins.png" alt="Top trending coins" width="1370" height="509" srcset="https://insidebitcoins.com/wp-content/uploads/2024/03/Top-trending-coins.png 1370w, https://insidebitcoins.com/wp-content/uploads/2024/03/Top-trending-coins-300x111.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/03/Top-trending-coins-1024x380.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/03/Top-trending-coins-768x285.png 768w" sizes="(max-width: 1370px) 100vw, 1370px"></p>
<h2 id="span-style-font-weight-400-shiba-inu-price-set-to-trade-above-the-symmetrical-triangle-span"><span style="font-weight: 400;">Shiba Inu Price Set To Trade Above The Symmetrical Triangle</span></h2>
<figure id="attachment_487075" aria-describedby="caption-attachment-487075" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="size-full wp-image-487075" src="https://insidebitcoins.com/wp-content/uploads/2024/03/SHIBUSDT_2024-03-08_11-39-18.png" alt="Shiba Inu Price Chart Analysis Source: Tradingview.com" width="1281" height="555" srcset="https://insidebitcoins.com/wp-content/uploads/2024/03/SHIBUSDT_2024-03-08_11-39-18.png 1281w, https://insidebitcoins.com/wp-content/uploads/2024/03/SHIBUSDT_2024-03-08_11-39-18-300x130.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/03/SHIBUSDT_2024-03-08_11-39-18-1024x444.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/03/SHIBUSDT_2024-03-08_11-39-18-768x333.png 768w" sizes="(max-width: 1281px) 100vw, 1281px">
 <figcaption id="caption-attachment-487075" class="wp-caption-text">
  SHIBUSD Chart Analysis Source: Tradingview.com
 </figcaption>
</figure>
<p><span style="font-weight: 400;">In March, the price of Shiba Inu experienced a significant increase, reaching the resistance level of $0.000045, at which point the bears gained control over the price. Consequently, this led to price fluctuations within the boundaries of a symmetrical triangle.</span></p>
<p><span style="font-weight: 400;">However, the bulls seem to be resilient, as the price is trading on the upper boundary of the triangle, aiming to break out. Additionally, SHIB trades above both the 50-day and 200-day Simple Moving Averages (SMAs), which confirms the bullish momentum.</span></p>
<p><span style="font-weight: 400;">Additionally, the Relative Strength Index (RSI) is trending upwards from the 50-midline level at 57, which suggests that the price is trading in equilibrium as it tries to break out.</span></p>
<p><img decoding="async" class="alignnone size-full wp-image-487076" src="https://insidebitcoins.com/wp-content/uploads/2024/03/SHIBA-M.png" alt="SHIBA MACD" width="1281" height="555" srcset="https://insidebitcoins.com/wp-content/uploads/2024/03/SHIBA-M.png 1281w, https://insidebitcoins.com/wp-content/uploads/2024/03/SHIBA-M-300x130.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/03/SHIBA-M-1024x444.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/03/SHIBA-M-768x333.png 768w" sizes="(max-width: 1281px) 100vw, 1281px"></p>
<p><span style="font-weight: 400;">Moreover, the Moving Average Convergence Divergence (MACD) is showing signs of bullish momentum as the moving average line (blue) crosses above the signal line (orange), representing a bullish crossover. Investors mostly use the bullish crossover as an encouragement to buy more, as the market is set for a bullish rally.</span></p>
<p><span style="font-weight: 400;">The green bars on the histogram also support the current trend, as they form over the zero line, which indicates positive momentum.</span></p>
<h2 id="span-style-font-weight-400-shiba-inu-price-prediction-span"><span style="font-weight: 400;">Shiba Inu Price Prediction</span></h2>
<p><span style="font-weight: 400;">The Shiba Inu price analysis shows a bullish bias, as the bulls aim to sustain the bullish momentum, enough to rally the price over the symmetrical triangle.</span></p>
<p><span style="font-weight: 400;">Additionally, the MACD and the RSI are showing signs of a breakout to the upside, with bulls aiming for $0.000055 as they clear resistance levels at $0.00045 and $0.000052.</span></p>
<p><span style="font-weight: 400;">However, if the bears take control of the price, they could drive the price through a retrace, which could see SHIB pull back to $0.0000257, coinciding with the 200-day SMA.</span></p>
<p><span style="font-weight: 400;">Meanwhile, investors are also piling into a new dog-themed meme coin called Scotty the AI. Its presale has gone parabolic, adding about $2.9 million in the past week.&nbsp;</span></p>
<h2 id="span-style-font-weight-400-scotty-the-ai-a-worthy-dog-themed-token-alternative-to-shib-span"><span style="font-weight: 400;">Scotty The AI: A Worthy Dog-Themed Token Alternative To SHIB</span></h2>
<p><span style="font-weight: 400;">The </span><a href="https://insidebitcoins.com/visit/scottytheai" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Scotty the AI (SCOTTY)</span></a><span style="font-weight: 400;"> presale continues to gain traction in the meme coin community and has just blasted past $4 million in funds raised as it hunts down its $4.2 million target.</span></p>
<p><span style="font-weight: 400;">SCOTTY appeals to many in the meme coin space as it is the first meme coin with AI features. One such feature is Scotty Swap, which gives users a seamless and fast way to swap ETH or BNB for $SCOTTY.</span></p>
<p><span style="font-weight: 400;">The platform also has ScottyChat, which serves as an AI-powered crypto companion that offers market insights into crypto assets.</span></p>
<h2 id="span-style-font-weight-400-earn-passively-by-staking-scotty-span"><span style="font-weight: 400;">Earn Passively By Staking $SCOTTY</span></h2>
<p><span style="font-weight: 400;">The platform also allows you to earn passively through a staking option, where investors </span><a href="https://insidebitcoins.com/visit/scottytheai" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">stake $SCOTTY</span></a><span style="font-weight: 400;"> for a 53% annual percentage yield (APY).</span></p>
<p><span style="font-weight: 400;">According to CryptoNews, a prominent YouTube channel, $SCOTTY could surge 10X on launch.</span></p>
<p><iframe title="Scotty AI: The Next 10X Pre-Sale Crypto Gem That Could Revolutionize the Market!" width="640" height="360" src="https://www.youtube.com/embed/h6C4okrOAlc?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></p>
<p><span style="font-weight: 400;">You can participate in the presale by purchasing $SCOTTY tokens for $0.0083 each. There are less than 10 days left before a price hike, making now the best time to buy for quick gains.</span></p>
<p><span style="font-weight: 400;">To participate in the presale, you can buy tokens from </span><a href="https://insidebitcoins.com/visit/scottytheai" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">the Scotty the AI official website</span></a><span style="font-weight: 400;"> and exchange ETH or USDT for $SCOTTY. You can also make purchases using your bank card.</span></p>
<h2 id="span-style-font-weight-400-related-news-span"><span style="font-weight: 400;">Related News</span></h2>
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 <li><a href="https://www.linkedin.com/pulse/best-meme-coins-invest-top-picks-exponential-gains-calsona-iorle" rel="noopener noreferrer nofollow">Best Meme Coins to Invest in: Top Picks for Exponential Gains! 🚀</a></li>
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Shiba Inu Price Prediction: Top Trending SHIB Surges 8% As This Unique AI Meme Coin Explodes Past $4 Million

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