Shiba Inu Coin Price Prediction: SHIB May Reach $0.1 If BTC Gains

Shiba Inu coin price prediction showcases the sustainability issues of Shiba Inu price after surging.
Shiba Inu price might surge towards the $0.1 suggests reports from an esteemed crypto firm, and SHIB might follow if BTC rally’s above here added in the reports.
The price of Shiba Inu must surge from the primary resistance level to attain its recovery during 2023.

Shiba Inu coin price prediction highlights the recovery of Shiba Inu price towards the $0.1 price if BTC price surges from here. However, at present Shiba Inu price is dipping a bit after testing the resistance level of $0.00001129. If Shiba Inu price manages to break out from the current level of primary resistance then it might initiate its rally towards the recovery phase.

Shiba Inu coin price prediction showcases the maximum recovery of SHIB crypto price as it surges out of the primary resistance level and Bitcoin initiates its rally towards the recovery.

Meanwhile, Shiba Inu coin price prediction 2025 also confirms the bullish sentiments of Shiba Inu price and SHIB might recover maximum until then. Moreover, Shiba Inu price prediction 2030 also highlights the recovery of Shiba Inu price in the long run as soon as Bitcoin the market dominator initiates its recovery rally from here.

Shiba Inu coin price today was at $0.00001089 and has lost 1.36% of its market capitalization during the day’s trading session. However, trading volume has increased by 25.69% during the intraday trading session. This demonstrates that buyers are trying to prevent the Shiba Inu price from slumping more. Volume to market cap ratio was at 0.03397.

Shiba Inu Coin Price: Technical Indications!

The price of Shiba Inu has been trying to sustain above the primary support zone of $0.00001040. Meanwhile, bulls have been pushing the price of Shiba Inu to break out of the primary resistance level but couldn’t sustain.

However, Shiba Inu coin price today is trying to sustain at 20, 50 and 100-days DMA to reach the 200-days Daily Moving Average. Shiba Inu price prediction, Shiba Inu coin price prediction, Shiba Inu coin price prediction 2025 and last but not the least Shiba Inu price prediction 2030 do confirm the recovery of Shiba Inu price towards the recovery level of $0.1 if Bitcoin the cryptocurrency market dominator surges towards $50000 price level.

Shiba Inu price has recovered around 0.74% in a month and 19.41% in the last three months. Moreover, the Shiba Inu stock price has surged around 4.81% in the last six months and also the price of Shiba Inu has gained around 35.11% year to date.

Technical indicators suggest the downtrend momentum of Shiba Inu price over the daily time frame chart. Relative strength index showcases the downward velocity of Shiba Inu price. RSI was at 48 and is heading towards the oversold territory.

MACD exhibits the downward momentum of SHIB crypto. The MACD line is about to cross the signal line downwards resulting in a negative crossover. Investors in Shiba Inu cryptocurrency or the SHIB army need to wait until the Shiba Inu price surges out of the primary resistance level.

Summary

Shiba Inu coin price prediction highlights the recovery of Shiba Inu price towards the $0.1 price if BTC price surges from here. However, at present Shiba Inu price is dipping a bit after testing the resistance level of $0.00001129. Moreover, Shiba Inu price prediction 2030 also highlights the recovery of Shiba Inu price in the long run as soon as Bitcoin the market dominator initiates its recovery rally from here.

Technical indicators suggest the downtrend momentum of Shiba Inu price over the daily time frame chart. Investors in Shiba Inu cryptocurrency or the SHIB army need to wait until the Shiba Inu price surges out of the primary resistance level.

Technical Levels-

Resistance level- $0.00001129 and $0.00001155

Support level- $0.00001055 and $0.00001040

Disclaimer-

The views and opinions stated by the author, or any people named in this article, are for informational purposes only, and they do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.

Andrew is a blockchain developer who developed his interest in cryptocurrencies while his post-graduation. He is a keen observer of details and shares his passion for writing along with being a developer. His backend knowledge about blockchain helps him give a unique perspective to his writing