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Shiba Inu price forecast:
Expect a Rise Shiba Inu prices are trading at $0.00002311 at the time of writing, which means they are about to start a potential rise, which is expected to push the meme to $0.00002835. SHIB could rise 23% with broader market positive indicators, provided it can turn $0.00002584 resistance into support.
This will also enable the memecoin to once again attempt to achieve the observed target of 43% of the symmetrical triangle pattern.
However, if it loses the support at $0.00002039, it could lead to a significant drop in the Shiba Inu price. In such a scenario, the meme could drop to $0.00001473, canceling the uptrend.
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