The latest price for one Shiba Inu coin/$SHIB is $0.0000216. It has fallen by -5% in the last 24 hours. 48.91% of the days the SHIB price closed above the opening
The projected sentiment for the short-term outlook is bearish based on technical price analysis. The first major resistance of the upward trend for SHIB is at $0.0000229; it needs to close above this level to continue moving upward, and the lower support is at $0.0000202. Thus, if the price falls below $0.0000202, we may see the price go even lower. On the other hand, if it can close above the $0.0000229 level, it may rise to the next resistance level at $0.0000271.
The 14-day Relative Strength Index (RSI) currently stands at 26.45, indicating oversold conditions, which signal that the price may rise in the near future. The weekly RSI is at 32.21, indicating a neutral state.
According to our Shiba Inu price forecast, the price of SHIB could reach $0.0000236 within the next 10 days, and regarding the long-term price forecast for 2025, it will be $0.0000950.
