Shiba Inu (SHIB) has experienced a downturn, losing 3.05% against the US Dollar in the past 24 hours, underperforming the broader cryptocurrency market, which saw a 4.10% decrease. Despite a 10.08% gain over the last month and a 127.57% increase over the past year, SHIB remains 52.18% below its predicted price for November 5, 2024.

The market sentiment for SHIB is currently neutral, with the Fear & Greed index indicating greed at 69. Technical indicators present a mixed outlook, with key support levels at $0.000018 and resistance levels at $0.000020. The 50-day and 200-day Simple Moving Averages suggest a bearish trend, as SHIB trades below both.

Given the volatility and unpredictable nature of the cryptocurrency market, caution is advised.