Key takeaways
- In 2024, the Shiba Inu coin price prediction suggests a maximum value of $0.000019.
- In 2027, SHIB can reach a maximum value of $0.000062.
- The price of Shiba Inu is predicted to reach a minimum value of $0.000204 in 2030.
The Shiba Inu (SHIB) cryptocurrency, originally a meme coin, has evolved into a comprehensive ecosystem with significant growth and utility. Key components include ShibaSwap, a decentralized exchange, and Shibarium, a Layer 2 solution to enhance scalability. These developments have boosted SHIB’s adoption and functionality.
As SHIB’s ecosystem grows, questions arise about its future price trajectory. Will the advancements in ShibaSwap and Shibarium drive SHIB to new highs? Can SHIB sustain its current price momentum and solidify its position in the crypto market? Can SHIB ever reach $1?
Overview
| Cryptocurrency | Shiba Inu |
| Token | SHIB |
| Price | $0.000027 |
| Market Cap | $14,236,981,817.57 |
| Trading Volume | $1,428,837,846.53 |
| Circulating Supply | 589,508,578,156,988.1 SHIB |
| All-time High | $0.00008845 (Oct 27, 2021) |
| All-time Low | $0.00000000008165 (Aug 31, 2020) |
| 24-hour high | $0.0000261 |
| 24-hour low | $0.00002389 |
Shiba Inu coin price prediction: Technical Analysis
| Metric | Value |
| Price Prediction | $0.00002485 (2.69%) |
| Volatility | 8.42% |
| 50-Day SMA | $0.00002482 |
| 14-Day RSI | 43.04 |
| Sentiment | Bearish |
| Fear & Greed Index | 75 (Greed) |
| Green Days | 16/30 (53%) |
| 200-Day SMA | $0.00001911 |
Shiba Inu price analysis: SHIB faces bearish sentiment but with signs of recovery
TL;DR Breakdown
- SHIB is retesting resistance at $0.00002443.
- SHIB’s key support level is at $0.00002259.
- If SHIB breaks above $0.00002483, it may target higher resistance levels.
Shiba Inu’s (SHIB) price movement for December 19 shows the bears in control of the market. SHIB is down 6.22% in 24 hours, 16.87% in 7 days, and 5.49% over the last 30 days. However, there are signs of recovery with a 1.58% gain in the short term. With SHIB now retesting resistance at $0.00002443, will it break to the upside?
Shiba Inu 1-day price chart: Shiba Inu is in a downtrend but with slight recovery
The 1-day Shiba Inu (SHIB) chart indicates a slight recovery from an ongoing downtrend, with the price currently trading at $0.00002443, up 1.58%. SHIB is testing $0.00002483 as immediate resistance, with stronger resistances at $0.00002748 and $0.00002880. The key support level is at $0.00002259, and a breakdown below this potential signals further downside.
The MACD indicator shows bearish momentum, with the MACD line below the signal line and the histogram displaying negative bars, although the downward pressure seems to be weakening. A crossover could suggest renewed buying interest.
If SHIB breaks above $0.00002483, it may target higher resistance levels, potentially resuming its recent uptrend. However, failure to hold above $0.00002259 could lead to a retest of the $0.00002011 support.
Shiba Inu 4-hour price: Indicators point to an oversold condition
The 4-hour Shiba Inu (SHIB) chart shows the token trading at $0.00002415, down 1.19%, with a bearish momentum. The Bollinger Bands indicate that SHIB is near the lower band at $0.00002362, suggesting oversold conditions and the potential for a rebound.
The Relative Strength Index (RSI) at 30.36 signals oversold territory, indicating selling pressure may be nearing exhaustion. However, buyers have yet to gain significant traction.
The Balance of Power (BoP) at -0.83 confirms strong bearish dominance. If SHIB fails to hold above $0.00002362, it could drop further. On the upside, a breakout above the $0.00002594 resistance would suggest recovery and renewed buying interest.
Shiba Inu technical indicators: Levels and action
Daily simple moving average (SMA)
| Period | Value | Action |
| SMA 3 | $0.00002893 | SELL |
| SMA 5 | $0.00002833 | SELL |
| SMA 10 | $0.00002790 | SELL |
| SMA 21 | $0.00002831 | SELL |
| SMA 50 | $0.00002482 | SELL |
| SMA 100 | $0.00002070 | BUY |
| SMA 200 | $0.00001911 | BUY |
Daily exponential moving average (EMA)
| Period | Value | Action |
| EMA 3 | $0.00002814 | SELL |
| EMA 5 | $ 0.00002881 | SELL |
| EMA 10 | $0.00002900 | SELL |
| EMA 21 | $0.00002781 | SELL |
| EMA 50 | $0.00002468 | BUY |
| EMA 100 | $0.00002183 | BUY |
| EMA 200 | $0.00001987 | BUY |
What to expect from Shiba Inu price analysis
Shiba Inu is showing bearish signs, sitting near $0.00002362 with an oversold RSI of 30.36, hinting at possible recovery. If it holds this support, it could climb toward $0.00002594 or higher. Traders and investors might want to keep an eye on volume and momentum changes for the next move.
Is Shiba Inu a good investment?
Shiba Inu (SHIB) shows potential as a promising investment due to key developments like Coinbase Derivatives launching SHIB futures contracts, and Binance supporting SHIB with multiple spot pairs. Grayscale’s recognition of SHIB also enhances its credibility, while a 6,000% surge in SHIB’s burn rate boosts market sentiment.
Upcoming events, such as the Bitcoin conference and Welly’s expansion inspired by Shiba Inu, further support a bullish outlook, making SHIB an attractive option for investors seeking portfolio diversification.
Will Shiba Inu recover?
Shiba Inu is experiencing fluctuations with a recent upward trend; there are signs of potential recovery.
Will SHIB reach $1?
Reaching $1 for Shiba Inu (SHIB) is highly unlikely due to its massive circulating supply and the unrealistic market cap. Significant demand increases and supply reductions would be necessary to approach such a price.
Will SHIB reach $10
It is unlikely that SHIB will reach $10 due to its enormous circulating supply and the unrealistic market capitalization required to achieve this feat.
Will SHIB reach $100?
Reaching $100 for SHIB is virtually impossible due to its vast circulating supply and the astronomically high market capitalization it would necessitate.
Does SHIB have an excellent long-term future?
SHIB shows some positive movement, suggesting the ecosystem may have a promising long-term future. However, its success will depend on continued adoption, broader market adoption trends, and developments within the other cryptocurrency market space.
Recent news/opinion on Shiba Inu
- Shiba Inu officially issues new warning about Shiro Neko
- Shiba Inu is poised for a sixfold boost as trillions of SHIB flow into whale wallets
Shiba Inu price prediction for December 2024
Shiba Inu (SHIB) is expected to show a variety of price fluctuations through December 2024. The potential low is $0.000030, while the average price might be around $0.000036. SHIB could reach up to $0.000040 as the highest expected price.
| Month | Potential low | Potential average | Potential high |
| December | $0.000030 | $0.000036 | $0.000040 |
Shiba Inu price prediction 2024
In Q4 of 2024, the minimum price of Shiba Inu will be around $0.000017. The maximum expected price for SHIB may be around $0.000019 and the average price at $0.000018.
| Year | Potential low | Potential average | Potential high |
| 2024 | $0.000017 | $0.000018 | $0.000019 |
Shiba Inu price predictions 2024-2030
| Year | Minimum price | Average price | Maximum price |
| 2025 | $0.000024 | $0.000025 | $0.000030 |
| 2026 | $0.000035 | $0.000036 | $0.000042 |
| 2027 | $0.000055 | $0.000057 | $0.000062 |
| 2028 | $0.000082 | $0.000085 | $0.000096 |
| 2029 | $0.000120 | $0.000124 | $0.000144 |
| 2030 | $0.000173 | $0.000178 | $0.000204 |
Shiba Inu price prediction 2025
In 2025, Shiba Inu is expected to reach a minimum price of $0.000024, a maximum price of $0.000030, and an average price of $0.000025.
Shiba Inu price prediction 2026
According to the Shiba Inu for 2026, the token is predicted to reach a minimum value of $0.000035, a maximum value of $0.000042, and an average trading price of $0.000036.
Shiba Inu price prediction 2027
By 2027, Shiba Inu (SHIB) is forecasted to reach a minimum price of $0.000055, with a maximum of $0.000062 and an average price of $0.000057.
Shiba Inu price prediction 2028
The price of Shiba Inu is predicted to reach a minimum value of $0.000082 in 2028. Investors can expect a maximum value of $0.000096 and an average trading price of $0.000085.
Shiba Inu coin price prediction 2029
By 2029, SHIB price prediction suggests Shiba Inu could reach a minimum price of $0.000120, with a potential maximum price of $0.000144 and an average trading price of $0.0001224.
Shiba Inu price prediction 2030
In 2030, the SHIB coin prediction suggests the price of Shiba Inu will trade at a minimum value of $0.000173, a maximum value of $0.000204, and an average trading value of $0.000178.
Shiba Inu market price prediction: Analysts’ SHIB price forecast
| Firm Name | 2024 | 2025 |
| Gov.Capital | $0.000021 | $0.000025 |
| DigitalCoinPrice | $0.0000652 | $0.0000773 |
| Technewsleader | $0.000023 | $0.000030 |
Cryptopolitan’s Shiba Inu price prediction
According to Cryptopolitan’s Shiba Inu price forecast, SHIB could reach a maximum price of $0.000019 by the end of 2024. By 2026, the price of the Shiba Inu token is predicted to reach a minimum value of $0.000035. Shiba Inu’s rise in price could take it to a maximum price level of $0.000204 with an expected average trading price of $0.000178 by 2030.
Shiba Inu historic price sentiment
- Memecoin Shiba Inu’s price surged by over 300% within the month of its launch, sparking a trading frenzy similar to Dogecoin’s rise in early 2021.
- In 2022, Shiba Inu traded around $0.000025 at the start of the year but sharply declined to approximately $0.000008 by May 2022. For the remainder of the year, it stabilized, fluctuating between $0.000007 and $0.000010.
- In early 2023, Shiba Inu briefly spiked to $0.000015 in February but declined gradually, stabilizing around $0.000010 by June 2023 and closing the year at $0.00001033.
- In March 2024, Shiba Inu surged to a high of $0.000045 but consolidated between $0.0000173 and $0.00002933 by June 2024. By August 2024, the price ranged from $0.000015 to $0.000017.
- By October 2024, Shiba Inu traded between $0.000015 and $0.000017. In December 2024, the token trades between $0.00002389 to $0.0000261.
