Shiba Inu Price Prediction: 2024, 2025, 2030 (2024)

Disclaimer

For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction. There is no way for our AI bot to decipher whitepaper, tokenomics and team integrity. The coin's price that you are about to see below can fall drastically depending on many factors, so please invest wisely after checking the team and project's whitepaper. This current price prediction is done by a machine crunching numbers and the model is still in the early beta stages. It should strictly not be taken as an investment advice. Although the best engineers are currently tweaking and updating the algorithm, no human has verified the price predicted below, so please use your discretion and make a decision wisely.

SHIB price prediction: Key highlights

1. Primary support and resistance levels

• In the weekly timeframe, SHIB established its lowest support level at$0.000006, with its highest resistance level observed at$0.000045.

2. Market sentiment

• The market conditions in March 2024 suggested that SHIB was undergoing acorrection after beingovervalued.

3. Predictive forecasts

• Based on predictions from our AI/ML models, the average price of SHIB is expected to reach$0.01 by the year 2032 and increase to $0.13 by the year 2035.

Get valuable insights on SHIB via this comprehensive weekly technical analysis, followed by the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models:

SHIB technical analysis: Can the bulls prevent more declines?

An analysis of the SHIB’s weekly chart revealed significant fluctuations in price movement, offering insights into potential future trends andShiba Inu price prediction for 2024. Initially, the token faced considerable resistance at the $0.000011 mark. The repeated attempts to surpass this between March and April level culminated in a rejection in mid-April, initiating adownward trajectory.

This decline led to the price falling back to the lowest support level of$0.000006in June. Despite these challenges, thebulls tried to rally. However, their success was short-lived as the price failed to overcome$0.000011in August, leading to another period of decline back to the lowest support by October.

An interesting pattern emerged as thebulls initiated another recovery attempt in mid-October. The price challenged the resistance once more in mid-December, only to face similar setbacksas before. The beginning of the new year did not immediately bring about a change in fortune for thememecoin, as it continued to struggle against the same resistance level.

However, a turning point was observed towards the end of February when a significant price surge enabled the token to overcome this long-standing barrier. This breakthrough was not isolated, as many altcoins, including SHIB, often followBitcoin's (BTC)price movements, which were trending higher.

SHIB continued its upward trajectory into March. The token established$0.000045 as its new highest resistance level while reclaiming$0.000022as support. This development was particularly significant, as this support level had not been breached since April 2022.

SHIB stood out as one of the cryptocurrency market's top performers, boasting substantial gains. However, this streak was interrupted when BTC bulls failed to sustain the$70,000level.

The dog-themed token underwent a correction after being deemedoverbought. Over the last week, the token saw its value drop by approximately10%, which resulted in it falling out of the top 10 cryptocurrencies by market capitalization, as recorded byCoinMarketCap.

AMBCryptoreported that there was a significant influx of the memecoin into centralized exchanges, leading to aselling wave that caused a gradual decline in Shiba Inu's price in the recent period.

As the analysis concluded, the bulls were holding on to the support at$0.0000282, with the token trading at$0.0000287. Meanwhile,$0.000035 turned into the latest resistance. If the current support breaks, SHIB could retract to$0.000022. An increase inselling pressure could potentially push the token's price down to $0.000011.

Despite this downturn, AMBCrypto'sanalysis maintained anoptimistic forecast for SHIB's performance in the upcoming weeks. Looking forward, the teased update of theSHIB Name Servicecan likely attract more investor interest and media attention.

This innovative service allows SHIB holders to personalize their Shiba Inu tokens, offering customization options for theirWeb 3.0 identities, including the addition of places, gamertags, digits, and more.

It's also worth noting that the current highest resistance level has been in place since late 2021, following SHIB's fall after reaching itsall-time high(ATH). Overcoming this resistance could see the token rise to as high as $0.00005 and then$0.00006. Further positive momentum could potentially propel SHIB to reclaim itsATH and reach new peaks.

Our prediction models support this bullishsentiment, forecasting the token's average trading price to rise as high as$0.01 by 2032. The projections also suggest an increase in the token's average trading price to$0.13 by 2035.

SHIB's 2024 roadmap: Key indicators to watch and trade

• The trading volume of SHIB remained lackluster for the majority of the observed period. A notable increase in volume was observed during the late February surge, with a peak volume of 355.713 trillionrecorded in March. The recentdrop in the token’s value was mirrored in the volume dynamics.
• This pattern reflected a cooling off of speculative interestor are-evaluationof the token's value by the market as traders reduce positions or wait for new developments.
• The Relative Strength Index (RSI) predominantly remained below the 50 line, indicatingbearish dominance. Brief periods ofbullish activity were observed in April and August when it crossed above the neutral threshold. A notable rally in late 2023 saw the RSI climb above 50 again, demonstrating renewed bullish momentum.
• In January, the indicator experienced a temporary dip, quickly recovering and continuously rising thereafter. By the end of February, it entered theoverbought zone, with its value escalating to91.19in March.
• This high RSI value indicated thatSHIB was significantly overboughtand may be due for apullback. This materialized soon, and the RSI started dropping. At the time of writing, it stood at78.54.
• This ongoing high RSI level signaled that while the intensity of the overboughtcondition has lessened, the market might still becautious. There could be further adjustments or volatility as the market seeks a new equilibriumbetween buyers and sellers.
• The Chaikin Money Flow (CMF) indicator turnednegativefrom June to the end of September, albeit with a brief increase above zero in August.
• Since October, the CMF values have been on an upward trend, peaking at0.38in March. By the end of the analysis, it registered at0.20.This suggested that while there was still anet positive inflow, the intensity of buying or thevolume of money entering the market haddecreased.

Shiba Inu's Short Term Price Prediction

Shiba Inu price prediction 31 March 2024: Shiba Inu's price for 31 March 2024 according to our analysis should range between $0.000027 to $0.000032 and the average price of SHIB should be around $0.00003.

Shiba Inu price prediction 1 April 2024: Shiba Inu's price for 1 April 2024 according to our analysis should range between $0.000028 to $0.000032 and the average price of SHIB should be around $0.00003.

Shiba Inu price prediction 2 April 2024: Shiba Inu's price for 2 April 2024 according to our analysis should range between $0.000028 to $0.000032 and the average price of SHIB should be around $0.00003.

Shiba Inu price prediction 3 April 2024: Shiba Inu's price for 3 April 2024 according to our analysis should range between $0.000028 to $0.000032 and the average price of SHIB should be around $0.00003.

Shiba Inu price prediction 8 April 2024: Shiba Inu's price for 8 April 2024 according to our analysis should range between $0.000028 to $0.000032 and the average price of SHIB should be around $0.00003.

Shiba Inu price prediction 13 April 2024: Shiba Inu's price for 13 April 2024 according to our analysis should range between $0.000028 to $0.000033 and the average price of SHIB should be around $0.000031.

Shiba Inu price prediction 23 April 2024: Shiba Inu's price for 23 April 2024 according to our analysis should range between $0.000029 to $0.000034 and the average price of SHIB should be around $0.000031.

Shiba Inu price prediction May 2024: Shiba Inu's price for May 2024 according to our analysis should range between $0.000038 to $0.000043 and the average price of SHIB should be around $0.00004.

Shiba Inu price prediction June 2024: Shiba Inu's price for June 2024 according to our analysis should range between $0.00004 to $0.000046 and the average price of SHIB should be around $0.000043.

Shiba Inu price prediction July 2024: Shiba Inu's price for July 2024 according to our analysis should range between $0.000043 to $0.000049 and the average price of SHIB should be around $0.000046.

Shiba Inu price prediction August 2024: Shiba Inu's price for August 2024 according to our analysis should range between $0.000045 to $0.000052 and the average price of SHIB should be around $0.000048.

Shiba Inu price prediction September 2024: Shiba Inu's price for September 2024 according to our analysis should range between $0.000048 to $0.000055 and the average price of SHIB should be around $0.000051.

Shiba Inu price prediction October 2024: Shiba Inu's price for October 2024 according to our analysis should range between $0.00005 to $0.000058 and the average price of SHIB should be around $0.000054.

Shiba Inu price prediction November 2024: Shiba Inu's price for November 2024 according to our analysis should range between $0.000052 to $0.00006 and the average price of SHIB should be around $0.000056.

Shiba Inu price prediction December 2024: Shiba Inu's price for December 2024 according to our analysis should range between $0.000055 to $0.000063 and the average price of SHIB should be around $0.000059.

Shiba Inu's Long Term Price Prediction

Shiba Inu’s long term Price Prediction below is a look at SHIB’s future prospect with regards to price. Shiba Inu was last seen at $0.00003, with a market cap of $17,892,292,368 and trading volumes of $633,998,725. SHIB’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.

Shiba Inu price prediction 2024: Shiba Inu's price for 2024 according to our analysis should range between $0.000049 to $0.000074 and the average price of SHIB should be around $0.000062.

Shiba Inu price prediction 2025: Shiba Inu's price for 2025 according to our analysis should range between $0.0001 to $0.00015 and the average price of SHIB should be around $0.00012.

Shiba Inu price prediction 2026: Shiba Inu's price for 2026 according to our analysis should range between $0.00021 to $0.00031 and the average price of SHIB should be around $0.00026.

Shiba Inu price prediction 2027: Shiba Inu's price for 2027 according to our analysis should range between $0.00043 to $0.00065 and the average price of SHIB should be around $0.00054.

Shiba Inu price prediction 2028: Shiba Inu's price for 2028 according to our analysis should range between $0.0009 to $0.0013 and the average price of SHIB should be around $0.0011.

Shiba Inu price prediction 2029: Shiba Inu's price for 2029 according to our analysis should range between $0.0018 to $0.0028 and the average price of SHIB should be around $0.0023.

Shiba Inu price prediction 2030: Shiba Inu's price for 2030 according to our analysis should range between $0.0038 to $0.0057 and the average price of SHIB should be around $0.0048.

Shiba Inu price prediction 2031: Shiba Inu's price for 2031 according to our analysis should range between $0.0079 to $0.011 and the average price of SHIB should be around $0.0099.

Shiba Inu price prediction 2032: Shiba Inu's price for 2032 according to our analysis should range between $0.016 to $0.024 and the average price of SHIB should be around $0.02.

Shiba Inu price prediction 2033: Shiba Inu's price for 2033 according to our analysis should range between $0.034 to $0.051 and the average price of SHIB should be around $0.042.

Shiba Inu price prediction 2035: Shiba Inu's price for 2035 according to our analysis should range between $0.14 to $0.21 and the average price of SHIB should be around $0.18.

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Shiba Inu’s current price is $0.00003 and witnessed a -0.68% decrease in the past 24 hours. SHIB/BTC pair saw a -0.65% decrease in the past 24 hours

Investing in Shiba Inu, SHIB will purely depend on your personal risk appetite. As you can see over the past 24 hours Shiba Inu’s price has witnessed a -0.68% decrease and over the past 30 days Shiba Inu has increase by 136.83%. So it all depends on if this investment will hit your trading goals.

According to our latest Shiba Inu Price prediction for 2024, SHIB should vary between $0.000074 and $0.000049. Please keep in mind that the crypto market is very volatile and this Shiba Inu price prediction does not account for extreme wild swings in price.

As per the Shiba Inu price prediction 2024 model above, SHIB’s price for March 2024 should range between $0.000049 to $0.000074 with the average price for March being $0.000062

According to the Shiba Inu Price Prediction model above, SHIB’s price in 2025 would be $0.00012. This price would however would range from $0.00015 and $0.0001.

According to the Shiba Inu Price Prediction model above, SHIB’s price in 2026 would be $0.00026. This price would however would range from $0.00031 and $0.00021.

According to the Shiba Inu Price Prediction model above, SHIB’s price in 2027 would be $0.00054. This price would however would range from $0.00065 and $0.00043.

According to the Shiba Inu Price Prediction model above, SHIB’s price in 2028 would be $0.0011. This price would however would range from $0.0013 and $0.0009.

According to the Shiba Inu Price Prediction model above, SHIB’s price in 2029 would be $0.0023. This price would however would range from $0.0028 and $0.0018.

According to the Shiba Inu Price Prediction model above, SHIB’s price in 2030 would be $0.0048. This price would however would range from $0.0057 and $0.0038.

According to the Shiba Inu Price Prediction model above, SHIB’s price in 2031 would be $0.0099. This price would however would range from $0.011 and $0.0079.

According to the Shiba Inu Price Prediction model above, SHIB’s price in 2032 would be $0.02. This price would however would range from $0.024 and $0.016.

According to the Shiba Inu Price Prediction model above, SHIB’s price in 2033 would be $0.042. This price would however would range from $0.051 and $0.034.

According to the Shiba Inu Price Prediction model above, SHIB’s price in 2035 would be $0.18. This price would however would range from $0.21 and $0.14.

The highest price for Shiba Inu was recorded in 28 October 2021 during which SHIB hit an All Time High of $0.00

The price of 1 Shiba Inu according to current market rate is $0.00003

While it is not impossible for SHIB to reach $0.01, it is not likely to happen in the near future. According to the Shiba Inu price prediction for 2024, SHIB is anticipated to reach a high of $0.000016 by March 2024. This would still be below $0.01. However, by 2035, the price is expected to reach $0.00026, which is still below $0.01.