Panic or surprise when Shiba Inu Coin (SHIB) Price can reach 10 USD
If Memecoin continues to increase in Price continuously, can Shiba Inu Coin (SHIB) reach 10 USD?
In April,#ShibaInu (SHIB) is expected to see a phenomenal increase of 100%.
According to ChatGPT, Shiba Inu (SHIB) value is expected to see a staggering 100% growth in April, which indicates a hopeful revival driven by market forces and investor mood.
A larger market movement towards the laudable innovation and usefulness of cryptocurrencies is highlighted by this trend, which in turn emphasizes the trend.
Shiba Inus price prediction
The value of Shiba Inu (SHIB/USD) has dropped more than 8% to $0.000028896 over the past 24 hours. Previously, the pivot point at $0.0000295 acted as support; however, it is currently acting as resistance.
Shiba Inu is seeing a negative momentum below $0.0000295.
It is likely that selling pressure will continue to be indicated by resistance levels and the RSI indicator.
Watch the price behavior at the pivot point of 0.0000295 USD to determine the direction of the market.
The most important resistance levels are located at $0.0000308, $0.0000328, and $0.0000348, while support levels can be found at $0.0000277, $0.0000263, and $0.0000247 . The relative strength index (RSI) is currently at 38, which suggests negative momentum.
If SHIB price continues below the pivot point, the 50-day Exponential Moving Average (EMA) is now around $0.0000300, which suggests continued selling pressure is likely. Its ascending channel has been broken, which shows a bearish picture and more downside is likely if the current resistance holds.