Shiba Inu (SHIB) continues to correct its price, consolidating the gains it has attained since the year’s turn, much like many other cryptocurrencies, machine learning and artificial intelligence (AI) algorithms are pessimistic regarding its price performance in the near future.

Indeed, after trading around the $0.00003 area until mid-April, the price action of Shiba Inu has slowed down significantly in the past several weeks, first dropping below the critical level at $0.00002, and then reverting to below $0.000017, following the bearish sentiment of the crypto market.

Shiba Inu price.

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