Shiba Inu Price Prediction: Will Bears Wipe Out All March Gains?

The Shiba Inu price prediction is turning firmly bearish and traders can expect the price to drop to the psychological support level of $0.00001.

The liquidation level around $0.00002 has been triggered. The price has consolidated around $0.000018 over the past week but has not risen further.

Instead, they were attracted by a smaller liquidity range at $0.0000175. The next liquidity area to watch is at $0.00003. Shiba Inu could reverse its downward trend and climb to this area in the coming weeks.

For this to happen, however, Shiba Inu must stop making new lows. At press time, the bears are too strong and the hopes of bulls may be dashed in the coming weeks.

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