LIVEAn analyst named Ashish thinks Shiba Inu might go up by 600%. Shiba Inu, known as the "Dogecoin Killer," might have a big price increase. Ashish says Shiba Inu recently broke out of a two-year-long period of staying at the same price. This caused the price to go up by 370%, reaching its highest point in March 2024. After that, the price went down, so Ashish thinks it's a good time to buy when the price is between $0.000022 and $0.000025.
Ashish also sees a pattern on the chart that suggests the price might go up again after taking a break. Even though the price went down a bit today, Shiba Inu still looks like it could grow. Some technical indicators show that the coin is neither too popular nor unpopular right now, leaving room for the price to go up.
Other predictions say Shiba Inu could go up by 220%, reaching around $0.00008089 by June 24, 2024. Currently, the indicators show that people are very excited about Shiba Inu, which could be risky. Shiba Inu has been going up on 40% of days in the last month, with some ups and downs, showing that it's not easy to predict. Overall, people are somewhat optimistic about Shiba Inu, but it's still a bit of a gamble.
LIVE