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SHIB Price: Up or Down in the Next 30 Days?
- The price of Shiba Inu (SHIB) is currently $0.00002190 with a 24-hour trading volume of $639.68 million, and a market capitalization of $12.90 billion.
- Shiba Inu achieved its all-time high of $0.00008819 on October 28, 2021 and its all-time low was $0.0000000005637 on November 28, 2020.
- The price prediction sentiment for Shiba Inu is currently bearish, with the Fear & Greed Index showing 62 (Greed).
- Bollinger Bands show that Shiba Inu is trading near the middle band, indicating reduced volatility and no clear directional trend, this often leads to a breakout, either upward or downward.
- The Relative Strength Index (RSI), a momentum oscillator that measures overbought or oversold conditions, is hovering near 50.46, signaling a neutral market with no significant momentum.
- The recent candles show smaller body sizes, signaling market indecision.
- On the daily chart, SHIB is trading closer to the lower band, indicating potential oversold conditions, which often signals a possible rebound.
- The support level for SHIB is at $0.00002100, while the immediate resistance level is $0.00002250.
- Traders should closely watch $0.00002100 support and $0.00002250 resistance levels for early signs of the next major move.
- SHIB’s price movement over the next 30 days will depend heavily on market sentiment, volume, and key technical levels.
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