{"id":648234,"date":"2024-10-16T15:30:16","date_gmt":"2024-10-16T15:30:16","guid":{"rendered":"https:\/\/uniquehot.com\/?p=648234"},"modified":"2024-10-16T05:25:10","modified_gmt":"2024-10-16T05:25:10","slug":"shiba-inu-on-the-brink-of-a-400-rally-analyst-says-will-it-deliver","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/shiba-inu-on-the-brink-of-a-400-rally-analyst-says-will-it-deliver\/","title":{"rendered":"Shiba Inu On The Brink Of A 400% Rally, Analyst Says\u2014Will It Deliver?"},"content":{"rendered":"<p>A leading analyst has forecasted that Shiba Inu may surge by 400%, elevating its price to $0.000074. This prospective increase is supported by recent price movements and significant technical indicators.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/uniquehot.com\/news\/neiro-coin-blows-up-5540-in-30-days-is-a-crash-imminent\/\" target=\"_blank\" rel=\"noopener \">Neiro Coin Blows Up 4,608%\u2014Can It Sustain The Momentum?<\/a><\/div>\n<p>Shiba Inu has experienced a consistent increase, presently<a href=\"https:\/\/coinmarketcap.com\/currencies\/shiba-inu\/\" target=\"_blank\" rel=\"noopener nofollow\"> trading at $0.00001805<\/a>\u00a0following a brief decline to the $0.000016 area last week. Although its gains have been less substantial than those of other meme tokens, observers believe SHIB is poised for a significant rebound imminently.<\/p>\n<figure id=\"attachment_648236\" aria-describedby=\"caption-attachment-648236\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-648236 size-full\" src=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/A_761cbe.png?resize=1024%2C303\" alt=\"\" width=\"1024\" height=\"303\" srcset=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/A_761cbe.png?w=1229 1229w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/A_761cbe.png?w=460 460w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/A_761cbe.png?w=768 768w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/A_761cbe.png?w=860 860w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/A_761cbe.png?w=750 750w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/A_761cbe.png?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><figcaption id=\"caption-attachment-648236\" class=\"wp-caption-text\">SHIB price up in the last seven days. Source: <a href=\"https:\/\/coinmarketcap.com\/currencies\/shiba-inu\/\" target=\"_blank\" rel=\"noopener nofollow\">CoinMarketCap<\/a><\/figcaption><\/figure>\n<p>TradingView expert Without Worries has recommended that this is an opportune moment to initiate a <a href=\"https:\/\/www.tradingview.com\/chart\/SHIBUSDT\/BDxnDGJY-Shiba-Inu-SHIB-400-bull-flag\/\" target=\"_blank\" rel=\"noopener nofollow\">long position in Shiba Inu<\/a>. Despite a 70% decline in the token since March, numerous positive indicators have surfaced, such as RSI breakouts and trend reversals.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-648235\" src=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/A_994cf9.png?resize=1024%2C585\" alt=\"\" width=\"1024\" height=\"585\" srcset=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/A_994cf9.png?w=1127 1127w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/A_994cf9.png?w=460 460w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/A_994cf9.png?w=768 768w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/A_994cf9.png?w=860 860w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/A_994cf9.png?w=750 750w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><\/p>\n<h2>Shiba Inu Price: How Big Is The Projected Increase?<\/h2>\n<p>Shiba Inu might rise 400% to $0.000074, according to the researcher. SHIB made a fourfold increase to $0.000045 early this year, which matches this estimate.<\/p>\n<p>Notwithstanding the optimism, the analyst saw the potential for additional corrections regarding Shiba Inu. Investors must remain cognizant of possible obstacles ahead.<\/p>\n<figure style=\"width: 2475px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.tradingview.com\/x\/B1sO4alo\/\" alt=\"\" width=\"2475\" height=\"1163\"><figcaption class=\"wp-caption-text\">SHIB market cap currently at $10.6 billion. Chart: <a href=\"https:\/\/www.tradingview.com\/chart\/ajrdy9Lf\/\" target=\"_blank\" rel=\"noopener nofollow\">TradingView.com<\/a><\/figcaption><\/figure>\n<h2>Resistance Levels<\/h2>\n<p><a href=\"https:\/\/www.coingecko.com\/en\/coins\/shiba-inu\" rel=\"nofollow\">Shiba Inu<\/a> is currently facing resistance at $0.00001865. It has already broken through this level to reach an intraday high of $0.00001893. The next levels of resistance are $0.00001969 and $0.00002094.<\/p>\n<p>The present technical analysis for SHIB forecasts a price escalation of 0.74%, <a href=\"https:\/\/coincodex.com\/crypto\/shiba-inu\/price-prediction\/\" target=\"_blank\" rel=\"noopener nofollow\">aiming for $0.00001802<\/a> by November 14, 2024. Strong market mood supports this forecast, as shown by the Fear &amp; Greed Index, which sits at 65 and denotes investor greed.<\/p>\n<figure id=\"attachment_648238\" aria-describedby=\"caption-attachment-648238\" style=\"width: 1018px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-648238 size-full\" src=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/A_6beed4.png?resize=1018%2C310\" alt=\"\" width=\"1018\" height=\"310\" srcset=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/A_6beed4.png?w=1018 1018w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/A_6beed4.png?w=460 460w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/A_6beed4.png?w=768 768w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/A_6beed4.png?w=860 860w, https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/10\/A_6beed4.png?w=750 750w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><figcaption id=\"caption-attachment-648238\" class=\"wp-caption-text\">SHIB is predicted to rise in the coming weeks. Source: <a href=\"https:\/\/coincodex.com\/crypto\/shiba-inu\/price-prediction\/\" target=\"_blank\" rel=\"noopener nofollow\">CoinCodex<\/a><\/figcaption><\/figure>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/uniquehot.com\/news\/dogecoin-revival-active-addresses-skyrocket-to-highest-level-in-8-months\/\" target=\"_blank\" rel=\"noopener \">Dogecoin Revival: Active Addresses Skyrocket To Highest Level In 8 Months<\/a><\/div>\n<h3>Time To Buy The Meme Coin?<\/h3>\n<p>In the preceding month, Shiba Inu experienced 15 green days out of 30, resulting in a 50% positive performance rate, and shown a price volatility of 12.02%. These facts indicate that the present may be a favorable opportunity for investors to contemplate acquiring SHIB.<\/p>\n<p>The optimistic sentiment and substantial anticipated expansion underscore robust market interest in the meme coin from a technical standpoint. The<a href=\"https:\/\/cfgi.io\/shibainu-fear-greed-index\/\" rel=\"nofollow\"> Fear &amp; Greed Index<\/a> residing in the greed zone may suggest possibilities for price appreciation, although it also warrants caution for probable corrections.<\/p>\n<p>It is crucial for traders to monitor important support levels at $0.000018 and resistance levels at $0.000019 while navigating this volatile market environment. Shiba Inu is a promising investment due to its performance and expectations.<\/p>\n<p><em>Featured image from Getty Images, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A leading analyst has forecasted that Shiba Inu may surge by 400%, elevating its price to $0.000074. This prospective increase is supported by recent price movements and significant technical indicators. Related Reading: Neiro Coin Blows Up 4,608%\u2014Can It Sustain The Momentum? Shiba Inu has experienced a consistent increase, presently trading at $0.00001805\u00a0following a brief decline to the $0.000016 area last week. Although its gains have been less substantial than those of other meme tokens, observers believe SHIB is poised for a significant rebound imminently. TradingView expert Without Worries has recommended that this is an opportune moment to initiate a long position in Shiba Inu. Despite a 70% decline in the token since March, numerous positive indicators have surfaced, such as RSI breakouts and trend reversals. Shiba Inu Price: How Big Is The Projected Increase? Shiba Inu might rise 400% to $0.000074, according to the researcher. SHIB made a fourfold increase to $0.000045 early this year, which matches this estimate. Notwithstanding the optimism, the analyst saw the potential for additional corrections regarding Shiba Inu. Investors must remain cognizant of possible obstacles ahead. Resistance Levels Shiba Inu is currently facing resistance at $0.00001865. It has already broken through this level to reach an intraday high of $0.00001893. The next levels of resistance are $0.00001969 and $0.00002094. The present technical analysis for SHIB forecasts a price escalation of 0.74%, aiming for $0.00001802 by November 14, 2024. Strong market mood supports this forecast, as shown by the Fear &amp; Greed Index, which sits at 65 and denotes investor greed. Related Reading: Dogecoin Revival: Active Addresses Skyrocket To Highest Level In 8 Months Time To Buy The Meme Coin? In the preceding month, Shiba Inu experienced 15 green days out of 30, resulting in a 50% positive performance rate, and shown a price volatility of 12.02%. These facts indicate that the present may be a favorable opportunity for investors to contemplate acquiring SHIB. The optimistic sentiment and substantial anticipated expansion underscore robust market interest in the meme coin from a technical standpoint. The Fear &amp; Greed Index residing in the greed zone may suggest possibilities for price appreciation, although it also warrants caution for probable corrections. It is crucial for traders to monitor important support levels at $0.000018 and resistance levels at $0.000019 while navigating this volatile market environment. Shiba Inu is a promising investment due to its performance and expectations. Featured image from Getty Images, chart from TradingView<\/p>\n","protected":false},"author":557,"featured_media":648242,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[142,6664,84471,83668,83667],"class_list":["post-648234","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoins","tag-crypto","tag-meme-coin","tag-shib","tag-shiba-inu"],"acf":[],"yoast_head":"\n<title>Shiba Inu On The Brink Of A 400% Rally, Analyst Says<\/title>\n<meta name=\"description\" content=\"A leading analyst has forecasted that Shiba Inu may surge by 400%, elevating its price to $0.000074. 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