The latest price for one Shiba Inu coin is $0.0000219. It has fallen by -0.72% in the last 24 hours. 48.87% of the days, the SHIB price has closed above the opening.#2024Crypto $BTC $BONK #2024To2025
Of the 17 technical indicators, there are 3 buy signals and 5 sell signals, indicating a bearish sentiment for the short term based on price technical 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, while 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) is currently at 28.04, indicating oversold conditions; oversold conditions signal that the price may rise in the near future. The weekly RSI is at 32.21, indicating a natural state.
According to our Shiba Inu price forecast, the price of SHIB may reach $0.0000242 within the next 10 days. As for the long-term price forecast for 2025, it is expected to be $0.0000955. #2024withBinance
