SHIB Price Prediction Next Week
Analysis and Insights
Technical Analysis:
SHIB is currently trading at $0.00001307, with a 24-hour volume of $930 million. The price has shown resilience, with a 1.633% increase in the regular market. Key technical indicators include:
- RSI (14): 46.05, indicating a neutral position.
- MACD: -0.00, showing a flat momentum.
- StochD (14,3,3): 65.82, suggesting moderate bullish strength.
- Bollinger Bands: Current price is at the middle band, indicating volatility contraction.
News Sentiment and On-Chain Data:
Recent news highlights a 27,735% increase in the SHIB burn rate, with 505.6 million SHIB burned in the past 24 hours. Shibarium's daily transactions have surged, indicating strong network activity. Analyst Javon Marks maintains a $0.000081 price target, representing a 500% upside.
Price Prediction and Recommendation:
Based on the falling wedge pattern and potential breakout above the 50-day moving average, SHIB is expected to test $0.00001375 next week. The bullish setup and strong on-chain metrics suggest a buy signal.
Prediction: SHIB will reach $0.00001375 next week.
Recommendation: Buy SHIB.
Shiba Inu Similar Chart Price Prediction
The price of Shiba Inu is predicted to go up 271.34%, based on the high correlation periods with TFUEL. The similarity of these two price pattern on the periods is 89.97%.
SHIB
TFUEL
Up: 271.34%Similarity: 89.97%
SHIB Crypto Forecast & Prediction For Years 2025, 2026, 2027, 2028, 2029 and 2030
Year
SHIB Price Forecast($)
Potential Return(%)
2025
4.500
88.210
2026
3.970
184.590
2027
8.100
480.650
2028
0.000
0.000
2029
0.000
0.000
2030
0.000
0.000