Close Menu
AsiaTokenFundAsiaTokenFund
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
What's Hot

Crypto Bulls See $644M Bloodbath As Bitcoin Dips Below $105,000

May 31, 2025

Crypto Liquidations Nearly $1B Today: Time to Exit and Take Profits?

May 30, 2025

Testing Strength At Key Support

May 30, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) YouTube LinkedIn
AsiaTokenFundAsiaTokenFund
ATF Capital
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
AsiaTokenFundAsiaTokenFund

AI Forecasts SHIB Price For April 15, 2024

0
By Aggregated - see source on April 12, 2024 Altcoin
Share
Facebook Twitter LinkedIn Pinterest Email

The cryptocurrency market continues to maintain its volatile momentum, and the famous dog-themed meme coin Shiba Inu (SHIB) is no exception. Machine learning and artificial intelligence (AI) algorithms are predicting further advances for the ‘Dogecoin (DOGE) killer’ in the near future.

According to the most recent data retrieved from the crypto analytics and forecasting platform PricePredictions, an advanced price projecting algorithm anticipates the price of Shiba Inu to reach $0.00003 by April 15, 2024.

Based on indicators like Bollinger Bands (BB), average true range (ATR), relative strength index (RSI), and moving average convergence divergence (MACD), this prediction says that the price of SHIB will go up by 11.83% from where it is now.

Also read: Cryptocurrency: 3 Coins You Should Buy For The Bull Run

SHIB
Source: PricePredictions

Shiba Inu’s Price Performance 

Shiba Inu has achieved remarkable results in recent weeks, closely approaching its main competitor, Dogecoin, in terms of market capitalization. However, the recent market downturn has also affected Shiba Inu.

According to the latest data, SHIB is trading at $0.00002690 at press time, representing a 21% drop in the past month.

Shiba Inu priceShiba Inu price
Source: CoinGecko

Also read: Cardano Founder Unveils Major Upgrade: Can ADA Hit $3.10?

Bearish Sentiment Surrounding SHIB

The sentiment surrounding Shiba Inu, as indicated by its technical analysis (TA) gauges, is bearish. The 1-week and 1-month gauges rate SHIB as a “sell,”  with oscillators in the “sell” zone at 2 and moving averages (MA) pointing at a “sell” at 8 for the 1-month timeframe.

The machine learning algorithm’s price prediction and this negative sentiment indicate that Shiba Inu could fail to show significant growth in the upcoming weeks.

Also read: Dogecoin Weekly Prediction: Can DOGE Surge 50% To Hit $0.3?

Shiba Inu’s bearish performance and the predictions from machine learning algorithms paint a not-so-promising picture for the meme token’s future. SHIB investors and enthusiasts have reason to be cautious given the nature of the current market conditions.

It is essential to approach the cryptocurrency market with caution and conduct thorough research before making any investment decisions. 

Credit: Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Crypto Liquidations Nearly $1B Today: Time to Exit and Take Profits?

May 30, 2025

Bitcoin Price Displays a Similar Deviation: Is it Time for a Deeper Correction?

May 30, 2025

Nimanode Ignites XRP Ecosystem with $NMA Presale, Eyes 10X Growth Post-Launch

May 30, 2025
Leave A Reply Cancel Reply

What's New Here!

Crypto Bulls See $644M Bloodbath As Bitcoin Dips Below $105,000

May 31, 2025

Crypto Liquidations Nearly $1B Today: Time to Exit and Take Profits?

May 30, 2025

Testing Strength At Key Support

May 30, 2025

US Treasury sanctions Philippines tech firm over aiding $200 million pig butchering spree

May 30, 2025
AsiaTokenFund
Facebook X (Twitter) LinkedIn YouTube
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
© 2025 asiatokenfund.com - All Rights Reserved!

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.