**Shiba Inu Price Prediction: 2024, 2025, 2030 ๐**
Shiba Inu, SHIB, could hit $0.000061 in 2024 ๐. For the most bearish scenario, SHIB might drop to $0.000019 in 2024 ๐. The previous all-time high for SHIB was $0.000086 on 28 October 2021 ๐. Last week, SHIB was at $0.000025 and is now at $0.000024, having decreased by -0.14% in the past week ๐. In the last 24 hours, SHIB dropped by -3.49% ๐. Despite current bearish sentiment, long-term predictions remain bullish with SHIB potentially reaching $0.00012 in 2025 ๐.
The circulating supply of SHIB is $589,262,969,631,904.38, with a market cap of $14,379,078,050 ๐ฐ.
**SHIB Price Prediction: Key Highlights ๐**
1. **Primary Support and Resistance Levels ๐**:
- Lowest support: $0.000007 ๐
- Highest resistance: $0.000053 ๐
2. **Market Sentiment ๐๐**:
- In May 2024, SHIB bulls have weakened ๐ป.
3. **Predictive Forecasts ๐ฎ**:
- Average price of SHIB: $0.002 by 2029, and $0.1 by 2035 ๐.
**SHIB Technical Analysis ๐๐**
- **Weekly Analysis ๐**: SHIB faced significant fluctuations and selling pressure, breaching the lowest support of $0.000007 in June ๐. Despite recovery attempts, SHIB failed to overcome $0.000010 in August and declined back to support by September ๐. Bulls attempted another recovery in mid-October, facing resistance in December ๐.
- **Early 2024 Trends ๐ **: Continued struggles against resistance levels with a significant surge in February, establishing $0.000032 as the new resistance level while reclaiming $0.000020 as support ๐. Despite market crashes, SHIB corrected below $0.000027 ๐.
- **Volume and Momentum ๐**: Trading volume peaked in March at 355.715 trillion ๐. OBV showed fluctuations, peaking at 1782.855 trillion before stabilizing at 1576.562 trillion ๐. AO suggested buying momentum towards the end of November, waning by April ๐.
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