Despite the recent crypto market crash, Shiba Inu price has performed well, but the question remains: " Will $SHIB Inu Price Reach $1 in 2024?"

#shiba⚡ Inu price prediction is currently at a critical juncture in the market. If the downtrend continues, its value could drop below the current $0.00001455 support level and possibly drop to $0.00001.

It would need to rise by a staggering 2800% to reach a price of $1 from $0.00001.

--- Hey Are You Following Us From The Top Right 😘

The 4-hours technical indicators for Shiba Inu price are showing a recent price swing within a limited range.

The Awesome Oscillator (AO) below the price chart is showing a momentum shift from bullish to bearish, with green bars giving way to red, suggesting a decrease in buying pressure.

An increase in buying could push Shiba Inu price beyond the resistance at $0.000015. If this bullish scenario plays out, targets of $0.000017 and $0.00002 could soon be within reach.