Shiba Inu (SHIB) Price Prediction | CoinCodex

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Shiba Inu Price Prediction, Technical
Analysis, and SHIB Forecast

5-Day Prediction

$ 0.000007836

1-Month Prediction

$ 0.000006769

3-Month Prediction


6-Month Prediction


1-Year Prediction


Current Price $ 0.000008677
Price Prediction $ 0.000007836  (-9.77%)
Fear & Greed Index 52 (Neutral)
Volatility 3.75%
Green Days 15/30 (50%)
50-Day SMA $ 0.000009530
200-Day SMA $ 0.00001032
14-Day RSI 41.20

I’m predicting that the value of Shiba Inu will
go down by -9.77% and hit $0.000007836 by 9th of June 2023. The
current sentiment is listed as Bearish while the Fear & Greed Index
is showing Neutral (52). Over the past 30 days, Shiba Inu has seen
15/30 (50%) green days and 3.75% price volatility. So, based on
these figures, it’s not a good time to buy Shiba Inu.

Disclaimer:I want to be clear that I’m not
giving any investment advice. This information I’m sharing is just
for general purposes. Don’t take my word for it, if you’re
considering an investment decision you should get professional
consultation from a lawyer, financial advisor, or tax specialist.
Don’t rely solely on what I’m saying.

Shiba Inu Predictions for years 2023, 2024
and 2025 Based on Tech Growth

Method Signal 2024 2025 2026
Internet Growth Buy $ 0.00002005 $ 0.00002589 $ 0.00003342
Google Growth Strong Buy $ 0.00002931 $ 0.00004575 $ 0.00007140
Facebook Growth Strong Buy $ 0.00005921 $ 0.000131 $ 0.000291
Mobile Growth Buy $ 0.00001972 $ 0.00002524 $ 0.00003231

I’m trying to predict what the Shiba Inu price
will be by the end of 2024, 2025, and 2026. To do this, I’m
comparing the cryptocurrency with other important technological
developments and trends. For example, what would the Shiba Inu
price be if its growth followed the growth of the internet or big
tech firms like Google and Facebook in their early years? This
table shows the estimated price for each year. It will be
interesting to see how Shiba Inu’s growth plays out.

I’m forecasting that in the ideal situation, my
SHIB will be worth around $0.000291 by year 2026 if its performance
follows Facebook’s growth. But if it follows the growth of the
Internet, I’m anticipating a price of $0.00003342 by 2026.

Shiba Inu Price Forecast Based on Technical

Shiba Inu’s 50-Day, 200-Day Simple Moving
Averages and 14-Day Relative Strenght Index – RSI (14)

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I’m currently seeing Shiba Inu trading below the
200-day simple moving average. For 45 days now, since April 20th of
this year, the 200-day SMA has been signaling to SELL.

I’ve been tracking Shiba Inu since April 19th
and for the past 46 days, the price has been below the 50-day
Simple Moving Average. This suggests that I should be selling.

I recently experienced a Death Cross in the
Bitcoin market on May 05, 2023, just 30 days ago. On the other
hand, the last Golden Cross was 110 days ago on February 14,

I’m predicting that Shiba Inu’s 200-day Simple
Moving Average will drop in the next month and reach $0.00001057 by
July 4th, 2023. My technical analysis also suggests that the 50-day
SMA should hit $0.000008180 by the same date.

I’m looking at the Relative Strength Index, or
RSI, to get a better sense of where the SHIB market is at. This is
a momentum oscillator that shows if a cryptocurrency is overbought
(above 70) or oversold (below 30). Right now, the RSI value is at
41.20, which tells me we’re in a neutral position.

Popular SHIB Moving Averages and Oscillators
for Sun, Jun 04, 2023

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I’m no financial expert, but I know that moving
averages are a popular indicator used in the financial markets. The
idea behind them is to take the price of a stock, commodity, or
currency and smooth it out over a certain period of time. The
downside to using an MA is that it’s lagging, meaning it’s based on
what has already happened. There are two main types of moving
averages, the Simple Moving Average (SMA) and the Exponential
Moving Average (EMA). Both have their own strengths and

Daily Simple Moving Average (SMA)

Period Value Action
SMA 3 $ 0.000008588 BUY
SMA 5 $ 0.000008611 BUY
SMA 10 $ 0.000008651 BUY
SMA 21 $ 0.000008710 SELL
SMA 50 $ 0.000009530 SELL
SMA 100 $ 0.00001030 SELL
SMA 200 $ 0.00001032 SELL

Daily Exponential Moving Average (EMA)

Period Value Action
EMA 3 $ 0.000008639 BUY
EMA 5 $ 0.000008620 BUY
EMA 10 $ 0.000008644 BUY
EMA 21 $ 0.000008774 SELL
EMA 50 $ 0.000009337 SELL
EMA 100 $ 0.000009949 SELL
EMA 200 $ 0.00001064 SELL

Weekly Simple Moving Average (SMA)

Period Value Action
SMA 21 $ 0.00001089 SELL
SMA 50 $ 0.00001088 SELL
SMA 100 $ 0.00001664 SELL
SMA 200

Weekly Exponential Moving Average (EMA)

Period Value Action
EMA 21 $ 0.00001015 SELL
EMA 50 $ 0.00001165 SELL
EMA 100 $ 0.00001273 SELL
EMA 200

Shiba Inu Oscillators

I use an oscillator as part of my technical
analysis. This tool creates high and low boundaries between the two
outer values, and then builds a trend indicator that moves within
these bands. By tracking this indicator, I can quickly identify if
the market is overbought or oversold in the short term. It’s a
great way to gain insight into the current market conditions.

Period Value Action
RSI (14) 41.20 NEUTRAL
Stoch RSI (14) 85.42 SELL
Stochastic Fast (14) 42.27 NEUTRAL
Commodity Channel Index (20) -66.67 NEUTRAL
Average Directional Index (14) 36.96 BUY
Awesome Oscillator (5, 34) 0.00 NEUTRAL
Momentum (10) 0.00 BUY
MACD (12, 26) 0.00 NEUTRAL
Williams Percent Range (14) -57.73 NEUTRAL
Ultimate Oscillator (7, 14, 28) 48.95 NEUTRAL
VWMA (10) 0.00 SELL
Hull Moving Average (9) 0.00 BUY
Ichimoku Cloud B/L (9, 26, 52, 26) 0.00 NEUTRAL

Shiba Inu Key Price Levels

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I’m currently looking at the price of Shiba Inu,
and the current pivot point (P1) is at $0.000008645. My support
levels are at $0.000008575, $0.000008512, and the strongest at
$0.000008442. On the other hand, my resistance levels are at
$0.000008709, $0.000008779, and $0.000008842. Keeping an eye on
these levels should help me make sound decisions when it comes to
trading Shiba Inu.

Support Levels

# Price Strength
S1 $ 0.000008575   
S2 $ 0.000008512   
S3 $ 0.000008442   

Resistance Levels

# Price Strength
R1 $ 0.000008709   
R2 $ 0.000008779   
R3 $ 0.000008842   

Shiba Inu Correlation

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Over the past 7 days, Shiba Inu price was most
positively correlated with the price of Ethereum Classic (ETC), OKB
(OKB), NEO (NEO), Zcash (ZEC) and Dash (DASH) and most negatively
correlated with the price of Stellar (XLM), XRP (XRP), Litecoin
(LTC), Bitcoin (BTC) and Bitcoin (BTC).

Positively Correlated Currencies

Name Correlation

Negatively Correlated

Name Correlation

I’ve noticed that the price of Shiba Inu is
linked to the top 10 coins by market capitalization, with a
correlation coefficient of 0.276. USDT and stablecoins are excluded
from the calculation. When the top 100 coins are included, the
correlation coefficient increases to 0.356.

I’m noticing a pattern with Shiba Inu and
certain currencies. If they’re positively correlated, a movement by
Shiba Inu will usually result in the same movement for the other
currency. On the other hand, if they’re negatively correlated, a
movement by Shiba Inu will have the opposite effect on the
currency. It’s been shown that this correlation is statistically

Shiba Inu Price Forecast For Tomorrow and
Next Week Based on The Last 30 Days

Date Price Change
Jun 5, 2023 $ 0.000008624 -0.70%
Jun 6, 2023 $ 0.000008240 -5.12%
Jun 7, 2023 $ 0.000007879 -9.28%
Jun 8, 2023 $ 0.000007804 -10.14%
Jun 9, 2023 $ 0.000007836 -9.77%
Jun 10, 2023 $ 0.000007738 -10.90%
Jun 11, 2023 $ 0.000007493 -13.73%

Show More

I’m predicting that the Shiba Inu price is going
to go up in the next month. I’m basing my forecast on the trends
I’ve seen over the last 30 days. It looks like the Shiba Inu price
has been increasing steadily, so I’m expecting it to continue to do
so for the next month. I’m keeping an eye on the market so I can
make sure I’m up-to-date on the latest news and updates. I’m
confident that my forecast will be accurate and that the Shiba Inu
price will rise in the next 30 days.

Shiba Inu Historical Price Performance

I’m wondering what the Shiba Inu’s price might look
like in the future, so I’m exploring its price history. Over the
last month, the SHIB/USD pair has dropped. It’s interesting to see
how this currency has evolved over time and what could be in store
for it.

Date Open High Low Close Volume Market Cap
May 4, 2023 $ 0.00001016 $ 0.000009939 $ 0.00001003 $ 0.000009939 $ 138.13M $ 5.91B
Apr 4, 2023 $ 0.00001124 $ 0.00001113 $ 0.00001131 $ 0.00001122 $ 675.28M $ 6.67B
Mar 4, 2023 $ 0.00001139 $ 0.00001091 $ 0.00001129 $ 0.00001113 $ 189.07M $ 6.20B
Feb 4, 2023 $ 0.00001273 $ 0.00001273 $ 0.00001440 $ 0.00001475 $ 1.37B $ 7.90B
Jan 4, 2023 $ 0.000008414 $ 0.000008352 $ 0.000008448 $ 0.000008521 $ 148.00M $ 4.64B

Full History

Shiba Inu Price Prediction FAQ

What is Shiba Inu’s price prediction

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Based on our Shiba Inu price predictionI
anticipate that the price of Shiba Inu will drop drastically by the
time June 9, 2023 rolls around, decreasing by a rate of -9.77% and
reaching a low of $0.000007836. This is a sizable reduction, and
although it may sound small, it can cause a huge impact on the
market for Shiba Inu. Keeping an eye on the movements of this
cryptocurrency will be key in order to make the most of this

What is the current Shiba Inu

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The current Shiba Inu sentiment is bearish
according to our technical analysis. The majority of technical
indicators are showing sell.

How to predict cryptocurrency prices?

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I’m looking to predict the price of Shiba Inu
(cryptocurrency). To get a better idea of what to expect, I take
into consideration both on-chain and off-chain metrics, as well as
technical indicators that reflect the coin’s past price movements.
Additionally, I look at the market sentiment to see how the
investors feel about Shiba Inu. Ultimately, it’s important to
remember that there is no certain way to predict the future, and
past performance doesn’t guarantee the same results moving

Is it profitable to invest in Shiba

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In the last month, I’ve seen Shiba Inu have 50%
green days. Based on what I know, it’s not worth investing in Shiba
Inu right now. The price of Shiba Inu has dropped by 19.18% in the
last 12 months, but it’s still seen a 581,464.00% improvement over
the past 3 years.

What are Shiba Inu’s key price levels?

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I’m monitoring Shiba Inu prices carefully and
have identified three key support levels at $ 0.000008575,
$ 0.000008512, and $ 0.000008442, as well as three resistance
levels at $ 0.000008709, $ 0.000008779, and $ 0.000008842. If the
price breaks away from these points, it could signal higher
volatility in the near future.

Is Shiba Inu a good buy in 2023?

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I’m not feeling too confident about Shiba Inu
for 2023 based on the quantitative indicators I’ve seen. That could
mean it’s not a good idea to invest in it. But before I make my
decision, I need to look at both the historical price data and
what’s going on in terms of the development and activity on the
blockchain. That’ll give me the full picture.

How is Shiba Inu correlated to other

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Shiba Inu is most positively correlated with
Ethereum Classic (ETC), OKB (OKB), NEO (NEO), Zcash (ZEC) and Dash
(DASH). Positive correlation means that these coins commonly trend
in the same direction at the same time. Shiba Inu is most
negatively correlated with Stellar (XLM), XRP (XRP), Litecoin
(LTC), Bitcoin (BTC) and Bitcoin (BTC)I’m noticing that the Shiba
Inu price usually goes in the opposite direction of other coins.
It’s almost like these coins are setting the trend and this
cryptocurrency is responding to it. I guess it’s a good way to stay
informed of what’s happening in the market. But I think it’s also
important to remember that Shiba Inu is its own entity and can move
in its own direction.

What will the price of Shiba Inu be next

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I’m predicting that Shiba Inu will plunge in
price over the next week. I’m forecasting that it will drop -9.77%
and reach $ 0.000007836 on June 9th, 2023. This is based on all the
data I’ve collected and analyzed, so I’m pretty confident in this
prediction. Keeping an eye on Shiba Inu prices over this time will
be key, so I’ll be keeping a close watch.

What will the price of Shiba Inu be next

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I predict that the value of Shiba Inu will take
a dive in the coming month. By July 4th, I expect the cost to be
around $0.000007622. That’s a decrease of -12.24%. Keep an eye on
the Shiba Inu market if you want to make sure you don’t miss out on
a great opportunity.

What is Shiba Inu’s 50-Day SMA and what does
it indicate?

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I’m currently keeping an eye on the 50-day
Simple Moving Average (SMA) of Shiba Inu’s price. At the moment,
it’s at $0.000009530. This SMA is a great way to see how Shiba Inu
has been performing over the past 50 days. If it’s going up, it
usually means that the price is trending in a positive direction in
the medium-term. If it’s going down, it usually means the

I’m calculating the 50-Day Simple Moving Average
(SMA) of Bitcoin’s closing prices. To do this, I add together the
closing prices of Bitcoin over the past 50 days and then divide the
total by 50. It’s a straightforward calculation that helps traders
understand the trend and momentum of Bitcoin’s pricing.

What is Shiba Inu’s 200-Day SMA and what
does it indicate?

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I’m currently looking at the 200-day SMA of
Shiba Inu which is currently sitting at $0.00001032. This is a
popular indicator that’s used to spot an asset’s long-term price
trend. If it’s been rising then it means the long-term trend is
positive, however, if it’s been falling then that suggests SHIB has
been on the decline.

I’m always keeping an eye on the markets when
the price of Shiba Inu goes across a pivotal moving average such as
the 200-day Simple Moving Average. It’s one of the indicators that
a lot of cryptocurrency traders rely on.

I’m calculating the 200-day Simple Moving
Average for Shiba Inu by adding the closing prices of the last 200
days and then dividing the total by 200. It’s a simple process, but
provides a great way to gauge the longer-term trend of the coin’s

What is Shiba Inu’s 14-day RSI and what does
it indicate?

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I recently checked the Relative Strength Index
(RSI) of Shiba Inu (SHIB), and it’s at 41.20 over a 14-day period.
This implies that SHIB is in a neutral position right now. It’s
neither overbought or oversold, so it could move in either
direction. It’s a good time to take a closer look at SHIB and see
if it’s worth investing in.

I use the Relative Strength Index (RSI) to
analyze Shiba Inu prices. It’s a popular technical indicator, and I
usually look at it over a 14-day period. The RSI helps me keep
track of momentum in the market. The readings I get are between 0
and 100, with 30 and 70 being key numbers. If the RSI is below 30,
that means the asset is undervalued, and if it’s above 70, it’s

What is Fear & Greed Index and what does it

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I was checking out the Fear & Greed Index and it
showed me what the market was feeling. It’s basically broken down
into five feelings: extreme fear, fear, neutral, greed, and extreme
greed. Depending on what the index reads, some traders may take it
as a sign to buy or sell. It’s calculated using different data
points like social media sentiment, trading volume, and price
volatility. So it’s a pretty accurate way to know what the market
is feeling.

What is the Shiba Inu death cross and golden

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I’m familiar with the Shiba Inu death cross and
golden cross. The death cross happens when the 50-day simple moving
average (SMA) drops below the 200-day SMA. It’s usually seen as a
sign that the price action will be bearish. But there’s some
controversy about how useful that really is. The golden cross is
the opposite – when the 50-day SMA goes above the 200-day SMA,
which is usually seen as a bullish signal.

I personally keep an eye on the 50-day and
200-day Simple Moving Averages (SMAs) for death and golden crosses.
Though, other traders may choose to use different SMAs to identify
these patterns. Regardless, the basic concept remains the same –
when the short-term SMA crosses above or below the long-term

What is the Shiba Inu price prediction for

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Based on our tech sector growth prediction the
estimated SHIB priceI’m expecting the price of Shiba Inu to
skyrocket by 2025. It’s currently sitting between $0.00001972 and
$0.00005921, meaning that it could jump up as much as 582.33% in
the most positive outcome. That’s a huge increase! It’s a great
time to be holding this cryptocurrency.

What is the Shiba Inu price prediction for

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Based on our tech sector growth prediction the
estimated SHIB priceI’m predicting that the price of Shiba Inu is
going to skyrocket over the next 5 years. Right now, it’s hovering
around $0.00002524 to $0.000131, but if everything goes perfectly,
that price could rise up to 1,413.61% by 2026. That’s a serious
jump! It’s worth investing in now, before the prices skyrocket.

What is the Shiba Inu price prediction for

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Based on our tech sector growth prediction the
estimated SHIB priceI’m expecting great things from Shiba Inu in
the coming years. If the price remains consistent, it could see a
3,257.63% increase by 2027. That would mean a jump from its current
price of $0.00003231 to $0.000291. No matter what happens, I’m sure
it’ll be a big success for the cryptocurrency.

Shiba Inu Price Analysis

Inu Price Prediction – SHIB Price Estimated to Reach $ 0.000011 By
May 02, 2023a month ago | coincodex.comShiba
Inu is Trading 10.35% Above Our Price Prediction for Apr 09, 20232
months ago | coincodex.comSHIBA
INU is Predicted to Drop to $ 0.000010 By Mar 12, 20233 months ago
| coincodex.comSHIBA
INU Gained 3.12% in Last Month and is Predicted to Reach $ 0.000016
By Mar 07, 20233 months ago | coincodex.comSHIBA
INU is Trading -10.52% Below Our Price Prediction for Feb 19, 20234
months ago |

Load More

How to read and predict Shiba Inu price

Shiba Inu traders use a variety of tools to
try and determine the direction in which the SHIB market is likely
to head next. These tools can roughly be divided into indicators
and chart patterns. When trying to predict the Shiba Inu price,
traders also try to identify important support and resistance
levels, which can give an indication of when a downtrend is likely
to slow down and when an uptrend is likely to stall.Shiba Inu Price
Prediction IndicatorsMoving averages are among the most popular
Shiba Inu price prediction tools. As the name suggests, a moving
average provides the average closing price for SHIB over a selected
time frame, which is divided into a number of periods of the same
length. For example, a 12-day simple moving average for SHIB is a
sum of SHIB’s closing prices over the last 12 days which is then
divided by 12.In addition to the simple moving average (SMA),
traders also use another type of moving average called the
exponential moving average (EMA). The EMA gives more weight to more
recent prices, and therefore reacts more quickly to recent price
action.50-day, 100-day and 200-day moving averages are among the
most commonly used indicators in the crypto market to identify
important resistance and support levels. If the SHIB price moves
above any of these averages, it is generally seen as a bullish sign
for Shiba Inu. Conversely, a drop below an important moving average
is usually a sign of weakness in the SHIB market.Traders also like
to use the RSI and Fibonacci retracement level indicators to try
and ascertain the future direction of the SHIB price.How to read
Shiba Inu charts and predict price movements?Most traders use
candlestick charts, as they provide more information than a simple
line chart. Traders can view candlesticks that represent the price
action of Shiba Inu with different granularity – for example, you
could choose a 5-minute candlestick chart for extremely short-term
price action or choose a weekly candlestick chart to identify
long-terms trends. 1-hour, 4-hour and 1-day candlestick charts are
among the most popular.Let’s use a 1-hour candlestick chart as an
example of how this type of price chart gives us information about
opening and closing prices. The chart is divided into “candles”
that give us information about Shiba Inu’s price action in 1-hour
chunks. Each candlestick will display SHIB’s opening price, closing
price, as well as the highest and lowest prices that Shiba Inu
reached within the 1-hour period.It’s also important to pay
attention to the color of the candle – a green candle means that
the closing price was higher than the opening price, while a red
candle tells us the opposite. Some charts will use hollow and
filled candlestick bodies instead of colors to represent the same
thing.What affects the price of Shiba Inu?Just like with any other
asset, the price action of Shiba Inu is driven by supply and
demand. These dynamics can be influenced by fundamental events such
as block reward halvings, hard forks or new protocol updates.
Regulations, adoption by companies and governments, cryptocurrency
exchange hacks, and other real-world events can also affect the
price of SHIB. The market capitalization of Shiba Inu can change
significantly in a short period of time.When trying to make a Shiba
Inu forecast, many traders also try to monitor the activity of SHIB
“whales”, which are entities and individuals that control large
amounts of SHIB. Since the Shiba Inu market is relatively small
compared to traditional markets, “whales” can single-handedly have
a big influence on Shiba Inu’s price movements.Bullish and bearish
price prediction patternsSome traders try to identify candlestick
patterns when making cryptocurrency price predictionsAs an
investor, I’m always looking to gain an edge over the competition.
Some candlestick formations can indicate a bullish price action,
while others can be seen as bearish. For bullish patterns, some of
the more common ones include: Hammer, Bullish Engulfing, Piercing
Line, Morning Star, Three White Soldiers. On the other hand,
bearish patterns include: Bearish Harami, Dark Cloud Cover, Evening
Star, Shooting Star, and Hanging Man. It’s important to remember
though, that these are just general guidelines. Before making any
investment decisions, it’s best to consult a

Frequently asked questions

What is the current price of Shiba Inu

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The current price of Shiba Inu coin is

What is the Shiba Inu coin price prediction
for today?

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The Shiba Inu coin price prediction for today is

What is the Shiba Inu coin price prediction
for tomorrow?

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The Shiba Inu coin price prediction for tomorrow
is not available at this time.

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say shiba inu coin price prediction today, please leave your
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