Shiba Inu Price Prediction: SHIB Surges 7% As Investors Flock To This Dogecoin 2.0 For Last Chance To Buy
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The
Shiba
Inu
price
rose
7%
in
the
last
24
hours
to
trade
at
$0.00002995
as
of
03:51
a.m.
EST
on
trading
volume
that
surged
42%
to
$2.2
billion.
This
comes
as
SHIB
finally
conquered
the
$0.00003
price
threshold.
The
Shiba
Inu
price
has
gained
211%
in
a
span
of
30
days
and
still
shows
signs
of
rebounding
back
to
the
yearly
high
of
$0.00004563
that
was
recorded
on
March
5.
Shiba
Inu
Price
Looks
To
Breach
2-Week
High
At
$0.000037
The
Shiba
Inu
price
had
massive
gains
in
March,
soaring
through
a
markup
phase,
only
to
experience
a
resistance
around
the
$0.00004568
threshold.
The
rejection
around
this
level
allowed
for
a
retracement
to
occur,
which
followed
the
phase
of
bearish
sentiment
in
the
wider
market.
SHIB
bulls
have
found
support
around
the
$0.000020
lower
spectrum
to
push
the
price
higher
above
the
falling
wedge
pattern.
The
recent
market
recovery
has
provided
strength
for
the
bullish
momentum.
Shiba
Inu
is
trading
well
above
the
50-day
and
200-day
Simple
Moving
Averages
(SMAs),
which
confirms
the
bullish
momentum
to
the
upside.
Additionally,
the
Relative
Strength
Index
(RSI)
is
also
rebounding
from
the
50-midline
level
at
56,
which
coincides
with
the
SHIB
price
breaking
out
above
the
upper
boundary
of
the
falling
wedge
pattern.
Moreover,
the
Moving
Average
Convergence
Divergence
(MACD)
also
posits
a
bullish
sentiment,
as
the
moving
average
line
(blue)
crosses
above
the
signal
line
(orange),
which
represents
a
bullish
crossover.
The
green
bars
on
the
histogram
also
support
bullish
momentum,
as
they
extend
above
the
neutral
line
to
suggest
that
SHIB
is
currently
on
a
positive
momentum.
Shiba
Inu
Price
Prediction
–
$0.00004
In
Sight
The
Shiba
Inu
price
analysis
shows
a
bullish
bias,
as
the
SHIB
bulls
aim
to
catapult
the
price
higher
above
the
immediate
resistance
zone
at
$0.000032
to
a
target
of
$0.000040.
Overall,
the
MACD
and
the
RSI
provide
a
bullish
prospect
for
optimistic
investors,
who
could
add
to
their
buys,
possibly
soaring
the
price
even
higher.
Additionally,
the
50-day
SMA
trades
above
the
200-day
SMA,
forming
a
golden
cross
at
$0.000010,
which
shows
that
SHIB
is
poised
for
higher
positions.
Conversely,
if
the
bears
continue
exerting
more
pressure,
the
price
could
retrace,
with
the
bulls
retreating
to
$0.000025,
which
acts
as
a
cushion
against
downward
pressure.
As
the
SHIB
bulls
prepare
for
a
rally,
investors
can
also
consider
Dogecoin20,
an
alternative
dog-themed
token
that
is
gearing
up
for
its
launch
on
April
20th
after
an
incredible
presale
that
sold
out
in
less
than
2
weeks
with
$10
million
raised.
99Bitcoins,
a
popular
YouTube
channel,
believes
that
Dogecoin20
is
among
the
top
five
crypto
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right
now
with
the
potential
to
surge
100X
on
launch.
Dogecoin20:
Best
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(DOGE20)
is
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version
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Elon
Musk’s
favorite
DOGE
meme
coin
and
analysts
say
it
might
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set
for
greater
success
than
predecessors
including
Shiba
Inu
and
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Dogecoin
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(@DOGE_COIN20)
March
26,
2024
The
project
aims
to
be
a
greener
version
of
Dogecoin,
and
says
it
aims
to
“Do
Only
Good
Everyday.”
????
#DOGE20
isn’t
just
another
Shiba
Inu-inspired
derivative.Upholding
Dogecoin’s
ethos
to
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Only
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Everyday,
it
offers
passive
rewards
through
on-chain
staking.
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March
14,
2024
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March
24,
2024
Dogecoin20
has
already
set
15%
of
its
140
billion
total
token
supply
as
staking
rewards,
to
be
distributed
over
2
years.
April
20th
is
designated
as
International
Doge
Day,
as
it
is
believed
to
be
Elon
Musk’s
favorite
day.
The
team
will
conveniently
launch
Dogecoin20
that
day,
which
offers
a
timely
opportunity
for
investors
to
join
now
before
the
market
excitement
peaks.
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Dogecoin20
(@DOGE_COIN20)
March
26,
2024
To
participate
in
the
action,
you
have
the
option
to
acquire
DOGE20
tokens
for
$0.00022
each
through
the
official
website.
You
can
make
payments
using
ETH,
USDT,
or
a
bank
card.
With
the
development
team
extending
the
presale
for
one
last
chance
to
buy,
interested
investors
should
act
fast
because
the
extension
might
end
at
any
moment.
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