📉 Crypto market down, but optimism in BTC
- Shiba Inu falls -11.61% against the US dollar today
- SHIB/BTC decreases -11.93% on the day
- SHIB/ETH drops -11.01% on the day
🔍 Shiba Inu Trend and Technical Analysis
- Shiba Inu rose 251.43% in the last month and 178.13% in the last year
- Current price: $0.000031
- Prediction for March 11, 2024: $0.000042 (30.56% increase)
- Sentiment: Bullish
- Fear and Greed Index: 82 (Extreme Greed)
🔑 Key Support and Resistance Levels
- Support: $0.000030, $0.000026, $0.000021
- Resistance: $0.000038, $0.000043, $0.000046
📊 Technical indicators
- 27 indicators point to a bullish prediction for Shiba Inu
- 3 indicators show a bearish forecast
- 90% of the indicators favor a positive prediction
🔮 Conclusion
The current prediction for Shiba Inu price is bullish. SHIB would have to increase by 30.56% to reach our goal of $0.000042 in the next five days. Monitoring market sentiment, key support and resistance levels and other metrics will be important. However, let us remember that cryptocurrency markets are unpredictable and have a lot of price volatility.
