🚨🚨 Machine Learning Algorithm Predicts 100% Price Increase for Shiba Inu with an Accelerated Timeline 🚨🚨
Shiba Inu’s price has recently dipped, reflecting some profit-taking after its recent climb to $0.00001972. Despite this pullback, outlook remains optimistic as a machine learning model forecasts a strong upward trend for Shiba Inu, predicting a potential 109% gain by year-end, positioning it for a 2024 high.
Shiba Inu Price Prediction
The machine learning system anticipates sustained gains this week. Shiba Inu’s Fear & Greed Index—a key indicator of market sentiment—stands at 69, signaling heightened “greed” and suggesting robust buying demand even after the recent dip. The model projects a price of $0.00003679 within five days, with critical support near $0.00001743.
Daily Price Targets
November 2: $0.00001752
November 3: $0.00002256
November 4: $0.00002937
November 5: $0.00003650
November 6: $0.00003679
This forecast points to a potential 110% return from current levels, possibly surpassing Shiba Inu’s 2024 peak of $0.00003592, which could ignite FOMO (Fear of Missing Out) and further upward momentum.
Beyond November 6
While the short-term outlook appears favorable, CoinCodex projections suggest a potential correction, with Shiba Inu likely to end November at $0.00001782. Such a pullback could establish a foundation for continued growth into 2024.
Key Support and Resistance Levels
Shiba Inu finds support at $0.00001698 and strongest at $0.00001614. Resistance levels include $0.00001881, $0.00001964, and $0.00002014, each of which may face heightened selling pressure.
Given the inherent volatility of meme coins, Shiba Inu’s price may fluctuate significantly; it’s currently near $0.00001698, a level that could play a crucial role in determining the trajectory of its rally.
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