Shiba Inu coin price forecast. Historical trends indicate that after the Bitcoin halving prices for digital currencies such as SHIB may recover. Lucie’s perspective on SHIB amid Crypto Market Volatility.
The positive outlook of the team has assured Shiba Inu Coin fans despite recent drops in SHIB’s value. Investors are encouraged by the team’s unwavering commitment, particularly as SHIB is awaiting a potential inclusion into a Hong Kong ETF (19659022). Lucie, Shiba’s strategist for the market, is confident in her assessment of the volatility on the crypto markets. SHIB currently faces a major resistance at $0.000025. The coin’s value could rise up to $0.00003 if it manages to break through. The increase could pave the way for the milestone of $0.001. If SHIB prices fail to maintain their current levels, they could drop back down to $0.000024. It could fall to $0.000023 if the market’s sentiment continues to deteriorate. The price could plummet as low as $0.00002 under intense negative pressure.
The Bollinger Bands on the daily price chart show that SHIB is trading near the lower band, hinting at a less volatile period ahead. The lower band is currently 0.00002439 and the upper band is 0.00003217. Relative Strength Index is currently hovering at 41.85. This indicates a balance between buying and selling forces.
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