Machine Learning Algorithm Predicts 100% Shiba Inu Price Increase, Shocking Timeline
The Shiba Inu price has dropped somewhat in the last 24 hours, indicating traders are taking gains following its recent rise to $0.00001972. Although the meme currency has dropped, its positive outlook remains. A machine learning system, predicts the Shiba Inu price will rise all week. Predicts a 109% gain, which would put Shiba Inu at a 2024 high.
Expects Shiba Inu Price Rise
Machine learning system predicts a positive Shiba Inu price this week. Shiba Inu's Fear & Greed Index, a prominent investor mood indicator, is at 69, indicating “greed” purchasing demand despite a recent dip.
Expects the Shiba Inu price to reach $0.00003679 in five days. Shiba Inu is reaching critical support at $0.00001743. CoinCodex expects Shiba Inu to hit $0.00001752 on November 2, rise to $0.00002256 on November 3, $0.00002937 on November 4, and reach $0.00003650 on November 5. Shiba Inu's final aim on November 6 is $0.00003679, a 110% return from its current price.
A meme coin climb to this level would shatter its 2024 high of $0.00003592, potentially triggering FOMO and additional rallies. Despite this hopeful short-term view, CoinCodex's estimates beyond November 6 suggest Shiba Inu may correct significantly.
Expects the Shiba Inu price to end November at $0.00001782. For this forecast to come true, Shiba Inu must reverse virtually all of its anticipated gains in the following days. However, a reversal to $0.00001782 might provide the groundwork for another steady ascent until 2024.
According to Shiba Inu has support at $0.00001698 and strongest at $0.00001614. Shiba Inu confronts resistance at important levels including $0.00001881, $0.00001964, and $0.00002014 on the upward. Each resistance level may increase selling pressure.
Meme coins are volatile, as Shiba Inu is down 7% in 24 hours. It is approaching $0.00001698, which might decide the rally.
