🤖🔥ChatGPT's Shiba Inu Price Prediction Points to 2X Increase Before Bitcoin Halving
To find out more about the possible #SHIB price trend ahead of Bitcoin Halving, we asked #ChatGPT 4.0 to predict the performance of the meme coin.
Shiba Inu Price Performance
Shiba Inu, the second largest meme coin in the crypto world, has a market capitalization of $16.36 Billion, making it the 12th largest meme coin in the crypto world. he makes the biggest crypto. In the last 24 hours, Bitcoin has risen above $ 70,000 again, while meme coin has increased by 2.53%. With a transaction volume of almost $ 600 Million, this meme coin is the 16th largest. it is the traded crypto money.
Moving along the baseline of the streamer, the 50D EMA is ready to provide a dynamic splash field in the event of a fall. Moreover, the $0.000025 level continues to be a very important support level.
Currently, Shiba Inu is trading at the baseline and predicts that there is a high probability that the rise will reverse. According to trend-based Fibonacci levels, the SHIB price can reach $0.000051 or 100% Fib level.
We have shared this analysis and price chart with ChatGPT to support our analysis. Here's what artificial intelligence predicts for Shiba Inu in April 2024:
ChatGPT Predicts High-Volume Boom at Shiba Inu
Artificial intelligence, starting from indicators and psychology, takes into account the triangle model. In addition, ChatGPT points to an increase in trading volume in the days before the Bitcoin Halving, which may change the price trend.
According to artificial intelligence, the uptrend can exceed the Deceleration resistance levels by targeting the $ 0.000052 mark.
Solution
In short, the technical analysis and the ChatGPT price forecast share a similar bullish outlook and signal a potential jump towards the $0.000052 level. By doing this, it is expected that the Shiba Inu price will break through the psychological barrier and achieve a bull run in front of Bitcoin Halving.
