$SHIB Price Prediction: Consolidation Ahead - BeinCrypto Analytics

Shiba Inu’s price is likely to surge in the coming days, but this will be limited by the resistance level at $0.00002093. Just above the key price level of $0.00002000, the altcoin has tested it as a support floor multiple times in the past.

SHIB will thus remain consolidated under this and would require strong bullish cues from the market to breach it.

On the other hand, if the decline continues, the meme coin could drop to $0.00001473. This price point marks the critical support floor for Shiba Inu’s price. Losing it could invalidate the bullish-neutral thesis completely.