Analysts predict that Shiba Inu (SHIB) could find support at the lower Bollinger band at $0.00002438.
Another analyst anticipates a massive surge to $0.000081 in a 180% price move.
Shiba Inu has failed to retest its yearly high of $0.000033 and is currently trading at $0.000026.
On-chain activities and layer 2 scaling solution support a positive outlook, but bearish on-chain metrics and decline in InTheMoney metric raise concerns.