🔥💥Shiba Inu (SHIB) Price Forecast: April 2024

It seems that #ShibaInu (#SHIB ) will change the course after the market-wide rally.The popular dog-themed cryptocurrency has shown a 6.6% increase in the last 24 hours, a 19.3% increase in the weekly charts and an almost 208% increase compared to the previous month.Moreover, the price of SHIB has increased by almost 180% since the end of March 2023.However, SHIB is still down 9.6% on the 14-day charts.

SHIB's latest rally may be that Bitcoin (BTC) has regained the $ 71 thousand level and is approaching an all-time high. Moreover, the halving of BTC is very soon, which could take the original crypto to a new peak. In such a scenario, we may witness other entities reaching new heights as well.

According to COINCODEX, the Shiba Inu (SHIB) may rise to $ 0.00004323 on April 1, 2024. However, the platform predicts that SHIB will continue its rise throughout the next month, reaching an all-time high at the end of the month. According to COINCODEX, SHIB could reach $0.00009891 by April 22, 2024. Reaching $0.00009891 from current levels would correspond to a growth of about 234.6%.

Changelly also paints a bullish picture for SHIB. According to the platform, the popular dog-themed cryptocurrency will reach $ 0.00003823 on April 1, 2024. In addition, Changelly predicts that SHIB will reach an all-time high next month, reaching $ 0.00009508 on April 21, 2024.

SHIB's bullish outlook may be due to BTC halving next month. Many analysts think that halving signals a rise because it reduces the supply of an asset. The upward trend of BTC may also be reflected in other cryptocurrencies, such as Shiba Inu (SHIB)#FOLLOW.ME