Shiba Inu (SHIB) has experienced a 5.62% increase against the US Dollar in the last 24 hours, outperforming the total cryptocurrency market cap, which increased by 4.18% in the same period. Despite the recent gains, SHIB is currently trading 22.54% below our prediction on Mar 28, 2024. The coin has gained 191.74% in the last month and is up 165.20% since one year ago.

According to our Shiba Inu price prediction, SHIB is expected to reach a price of $0.000036 by Mar 28, 2024, representing a 30.36% price increase in the next five days. However, it is essential to note that the cryptocurrency markets are unpredictable, and even the largest crypto assets display significant price volatility.

The sentiment in the Shiba Inu markets is currently bullish, with the Fear & Greed index reading Greed. This suggests that investors are optimistic about the cryptocurrency market, but it could also indicate that the market is overvalued. Key support levels for SHIB are $0.000026, $0.000025, and $0.000023, while key resistance levels are $0.000028, $0.000029, and $0.000030.