Hello! Everyone knows that the price of an Shiba Inu dog is going to crash. The reason being that the price of the cryptocurrency SHIBA is going to crash and the Shiba Inu will be the main currency of the new world order.
With only a few days left until the Shiba Inu price reaches $0.00000950, which may be a high price for the coin but a low price for a coin to become a dead coin, SHIBA is preparing for the next step in SHIBA’s evolution. With under $0.0000300 in volume, SHIBA is the lowest volume coin in the market and only the death of the coin will end this death spiral.
The cryptocurrency market is a fast-paced, constantly-changing place. Prices may fluctuate wildly, and in a matter of weeks new cryptocurrencies will be minted, forgotten and then birthed again. As the industry matures, new and interesting projects are popping up all the time, but which ones are worth investing in?Summary of the situation
- SHIBA made progress yesterday.
- A larger depression was reached yesterday.
- The next target is above $0.00000950.
The Shiba Inu price analysis is bullish for the next 24 hours, as the market made a high yesterday and continued to move along the uptrend support line as the weeks passed. Therefore, we can expect a new test of $0.0000095 early next week, which could determine where SHIBA/USD goes next.
Heatmap for crypto-currencies. Source: Coin360
Overall, the market has traded in the green for the past 24 hours. Bitcoin is up 2% and Ethereum is up 6%. The rest of the market trades with similar slightly bullish results.
Shiba inu price change in the last 24 hours
SHIBA/USD was trading in a range of $0.00000846 – $0.00000894, indicating low volatility. Trading volume over the past 24 hours rose slightly to $381.6 billion. Meanwhile, the total market value is $3.43 billion, putting the cryptocurrency at number 29 overall.
Chart 4 hours SHIBA/USD – SHIBA in a difficult situation ?
On the 4 hour chart we can see that the price of Shiba Inu has increased in the last 24 hours as the market is approaching $0.000095 again.
SHIBA/USD 4 hour chart. Source: TradingView
The overall price structure for Shiba Inu has been neutral in recent weeks, with the market continuing to trade in a range of approximately $0.00000055 to $0.0000095. After the SHIBA/USD traded higher on the 22nd. After retesting the lower bound in June, it recovered last week and reached resistance at $0.0000095 early this week.
From the lows reached during the rally, there is a clear support trend line that suggests the market should break out in both directions in the coming days. If SHIBA breaks the uptrend line, we can expect another serious decline next week, with the $0.0000075-$0.000008 zone likely to provide some support.
However, if SHIBA’s price breaks out upwards, we should see a new rally towards $0.00001250 next week. After that, the whole price structure of SHIBA/USD will be extremely bullish again, and we could see many more rallies this month.
Shiba Inu Price Analysis: Supplement
The price analysis for Shiba Inu is bullish today, as the market continues to move higher and test the $0.0000095 level. Once resistance is reached, SHIBA/USD will be in a quandary about the direction to take, but given the price action of the past few weeks, we can expect another push down next week.
In anticipation of SHIBA’s growth, read our guides on Chinese miners, bitcoin fees, and the benefits of DeFi.
Denial. The information provided does not constitute commercial advice. .com accepts no responsibility for investments made on the basis of information provided on this site. We strongly recommend that you conduct independent research and/or consult a qualified expert before making any investment decision.Japan is a land of dog breeds, with the Shiba Inu being one of the most famous. It’s a small, black dog with a long tail, and is a popular companion for both children and adults alike. The Shiba Inu price is so low right now, that it’s hard to believe that this is a real price and not a typo. As of this writing, the Shiba Inu price is stable at less than $0.00000950, making it the most stable coin in the world.. Read more about shiba inu price prediction 2025 and let us know what you think.
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