Shiba Inu Price Prediction Technical Analysis Support Resistance Chart & Next Target

Shiba Inu Price Prediction: The current cryptocurrency boost brings many coins in the upward trend and like other cryptocurrency coins Shiba Inu is also flowing in the upward movement, The recent week was remarkable for it and it hit the amazing target which was predicted earlier. Currently, At this time Shiba is traded at a price of $0.00001675 (rs 0.001369). But the chart is impressive and can attract anyone’s attention for a while. So stay here to know the brief detailed review on Shiba Inu Price Prediction including charts & technical analysis. Read: Billboard Music Awards Winners List 2021

SHIB Price Prediction

Shiba Inu has surged higher and currently it giving 2,000% returns and even growing with 30% profit in the last few hours. Relatively the market cap is almost around $13 billion and there are many traders who hold this coin because there is a huge possibility that it will Boom within few days.

Shiba Inu Price Prediction

Initially, the coin was introduced just as an experimental basis but later Shib becomes popular among investors and got an amazing response from its lovers. It is was listed on ShibaSwap. The developers say that 50% of the supply was tied perpetually in Uniswap and the rest was burned. This means that there are no big whales behind the scene. Read Also: Dogecoin Price Prediction

Long Term Holding Expectation

  • Target Price 1: $0.2
  • Target Price 2: $0.5
  • Final Target Price: $1

Shiba Inu Technical Analysis

Now if we look at the reason Why Shiba Inu Coin Jumps? There are many strong reasons available. One of the most common reasons behind the boost is Dogecoin. Recently, we all are witnessed the successful jump of Dogecoin and it gives almost 8,000% returns. The coin was promoted by riches man Elon Musk. But this time Shiba Inu starts getting attention from many popular exchanges Huobi and OKEx.

Shiba-Inu-Technical Analysis

Shiba Inu (SHIB) Coin Target Price

So, What is the next Target Price of Shiba Inu Coin? Definitely, it is hard to predict the exact price but as we know it is not a Whale game. Because it is not a pump & dump game that’s why investing in this coin maybe make you rich probably. Currently, people expecting Shiba will hit the target price of $0.50 very soon. But will it reach $1 value or not? Share your thoughts in the comment section.

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