Dogecoin

Shiba Inu

<p>The crypto market seems to be stuck in a rut, moving sideways and seeking a direction. Shiba Inu’s prices are no exception as they have consolidated around the support price of $0.0000070. With everyone asking, what’s next for SHIB? Will its prices touch the much-anticipated $0.000010 mark? <strong>Let’s analyze in this Shiba Inu price prediction.</strong></p> 
<h2 id="h-what-is-shiba-inu-coin">What is Shiba Inu Coin?</h2> 
<p><a href="https://cryptoticker.io/en/can-shiba-inu-price-reach-10-cents-2/" target="_blank" rel="noreferrer noopener">Shiba Inu</a>, often referred to as SHIB, emerged as a decentralized meme token that grew into a vibrant ecosystem. Touted as a potential “Dogecoin killer,” this ERC-20 only token can remain well under a penny and still outpace Dogecoin in a small amount of time.</p> 
<h2 id="h-what-s-happening-to-cyptos-today">What’s happening to Cyptos today </h2> 
<p>The entire crypto landscape seems to be taking a breather, consolidating between a market cap of $1 trillion and $1.2 trillion. Currently, at $1.05 trillion, the indications are that prices should soon rebound to the higher end of this range.</p> 
<figure class="wp-block-image size-large">
 <a href="https://www.tradingview.com/x/KWKutt3m/" target="_blank" rel="https://www.tradingview.com/x/KWKutt3m/ noopener"><img loading="lazy" width="1814" height="770" src="https://cryptocdn.fra1.cdn.digitaloceanspaces.com/sites/8/TOTAL_2023-09-24_20-47-05.png" alt="" class="wp-image-119747"></a>
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<h2 id="h-shiba-inu-price-analysis-why-is-shib-down">Shiba Inu Price Analysis: Why is SHIB Down?</h2> 
<p> SHIB prices touched $0.0000073 and have been demonstrating strong consolidation around this price. With a market cap of $4.3 billion, its 7-day performance shows a mild increase at +1.56%. However, the bearish sentiment is evident with a -2.28% performance in the past day. Notably, SHIB’s price movements have been significantly influenced by Bitcoin, which has also been consolidating since Q3 of 2023.</p> 
<h2 id="h-shiba-inu-price-prediction-how-high-can-shiba-inu-reach">Shiba Inu Price Prediction: How High can Shiba Inu reach?</h2> 
<p> Observing the broader crypto market, there are subtle signs of an impending bull run. Should this materialize, SHIB prices could also experience a northward journey, possibly reaching between the $0.0000080- $0.000010 range.</p> 
<figure class="wp-block-image size-large">
 <a href="https://www.tradingview.com/x/1cmDpwSG/" target="_blank" rel="https://www.tradingview.com/x/1cmDpwSG/ noopener"><img loading="lazy" width="1815" height="770" src="https://cryptocdn.fra1.cdn.digitaloceanspaces.com/sites/8/SHIBUSD_2023-09-24_20-54-04.png" alt="" class="wp-image-119748"></a>
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<h2 id="h-should-you-buy-shiba-inu-today">Should you Buy Shiba Inu today? </h2> 
<p>Considering the potential uptick in prices, now might be an opportune moment to invest in SHIB, especially since it’s hovering around a strong support level. However, the unpredictable nature of the crypto market warrants caution. Hence, placing a stop loss trigger would be a prudent strategy.</p>

Shiba Inu Price Prediction: How High Can Shiba Inu reach Short-Term?

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