Shiba Inu Price Prediction: SHIB Extends Weekly Gain With A 23% Pump, But Experts Say Consider This Meme Coin Rival For Explosive Gains

The
Shiba
Inu
price


surged

over
23%
in
the
last
24
hours
to
trade
at
$0.00001907
as
of
11:40
p.m.
EST
as
investors
rush
to
buy
the
meme
coin.

Following
the
recent
gain,
the
SHIB
price
is
now
up
more
than
34%
on
the
weekly
time
frame
and
has
risen
more
than
38%
over
the
last
30
days.

The
Shiba
Inu
Price
About
To
Challenge
The
$0.00001951
Resistance

4-hour
chart
for
SHIB/USD
(Source:


GeckoTerminal)

The


Shiba
Inu

price
soared
above
the
major
resistance
level
at
$0.00001674,
and
is
attempting
to
flip
the
next
technical
barrier
at
$0.00001951
into
support.
However,
sellers
seem
to
be
exerting
a
lot
of
pressure
on
the
meme
coin’s
price.
This
is
evident
by
the
wick
present
above
the
latest
4-hour
candles.

Should
bulls
manage
to
overpower
their
bearish
counterparts,
SHIB
could
end
up
rising
beyond
the
$0.00001939
mark
and
climb
to
the
subsequent
resistance
at
$0.00002210
in
the
following
24
hours.

On
the
other
hand,
the
Shiba
Inu
price
failing
to
cross
$0.00001951
within
the
next
12
hours
could
stop
the
dog-themed
token
in
its
tracks
and
bring
an
end
to
its
bullish
phase.
In
this
alternative
scenario,
some
traders
might
start
to
realize
their
profits
before
the
rest
of
the
market
adjusts.
This
potential
sell
pressure
could
result
in
SHIB
retracing
to
$0.00001674.

In
an
extremely
bearish
case,
the
Shiba
Inu
price
might
end
up
losing
the
support
of
the
recently-breached
$0.00001674
mark.
This
could
spook
investors,
causing
them
to
dump
the


meme
coin.
SHIB
might
then
plunge
to
as
low
as
$0.00001516.

Technicals
Warn
The
Shiba
Inu
Price
Has
Reached
A
Short-Term
Peak

From
a
technical
standpoint,
indicators
on
SHIB’s
4-hour
chart
warn
that
the
altcoin’s
positive
trend
might
have
reached
a
climax.
Both
the
Moving
Average
Convergence
Divergence
(MACD)
and
the
Relative
Strength
Index
(RSI)
indicators
show
signs
that
buying
activity
has
stalled.

After
climbing
from
the
low
60s
to
the
high
80s,
RSI
readings
have
leveled
off
in
the
last
24
hours.
Although
the
high
RSI
values
signal
the
presence
of
bullish
strength,
they
also
warn
that
SHIB
is
currently
overbought.
Traders
generally
see
this
as
a
sell
signal,
because
high
RSI
readings
suggest
a
crypto’s
downside
potential
is
greater
than
its
upside
potential.

MACD
Histogram
values
have
also
stopped
increasing,
indicating
that
the
gap
between
the
MACD
and
MACD
Signal
lines
has
stopped
growing.
This
could
be
an
early
sign
of
an
upcoming
reversal
of
SHIB’s
bullish
trend.

As
SHIB’s
momentum
stalls,
the
opposite
is
true
for
meme
coin
rival


Crypto
All-Stars
(STARS)

as
it
passes
$1.6
million
in
its
presale.

Meme
Coin
Lovers
Now
Have
A
Single
Platform
To
Stake
All
Of
Their
Tokens

Crypto
All-Stars
(STARS)
is
a
unique
meme
coin
project
given
its
high
degree
of
utility.
This
is
achieved
through
its
innovative
staking
platform,
which
allows
meme
coin
investors
to
stake
a
variety
of
popular
tokens
all
on
one
platform.
In
addition
to
being
able
to
grow
their
meme
coin
bags,
investors
also
gain
access
to
potential
compounded
rewards.

DOGE,
SHIB,
PEPECOIN,
FLOKI,
BRETT,
MOG,
LADYS,
TOSHI,
COQ,
BONK,
and
TURBO
can
already
be
locked
up
on
the
Crypto
All-Stars
platform
for
passive
rewards,
and
more
meme
coins
will
be
added
in
the
coming
weeks. 

Any
tokens
that
are
staked
by
investors
will
generate
rewards
that
are
paid
out
in
STARS.
These
rewards
can
then
also
be
put
to
work
to
essentially
compound
investors’
returns.
Anyone
who
stakes
STARS
itself
will
be
eligible
for
a
staggering
891%
in
annual
rewards.

Popular
YouTuber
ClayBro
shared
his
bullish
view
on
STARS
in
a
video
to
his
130K
subscribers.
According
to
him,
the
meme
coin
could
generate
29X
returns
for
investors.

An
Investor
Frenzy
Erupts
Around
STARS

Investors
are
rushing
to
buy
STARS
at
ICO
prices,
which
is
evident
by
the
impressive
presale
raise.
With
the
high
staking
rewards,
the
potential
to
compound
earnings,
and
the
project’s
meme
coin
appeal,
it’s
easy
to
see
why
investors
are
so
bullish
on
the
young
meme
coin.

There
is
still
time
left
for
anyone
who
wants
to
purchase
STARS
before
it
hits
the
open
market.
Selling
for
$0.0014652,
STARS
can
be
bought
using
either
ETH,
USDT,
BNB,
DOGE,
SHIB,
FLOKI,
PEPE
or
bank
card
via
the
simple
buy
widget
embedded
on
its
website.

Once
purchased,
the
tokens
can
then
be
staked
through
the
website’s
staking
page
for
investors
to
start
earning
passive
rewards.

Potential
buyers
who
want
to
lock
in
the
best
rate
will
need
to
act
fast.
The
token’s
price
is
scheduled
to
increase
with
every
new
stage
of
its
ICO
and
there
is
just
over
1
day
left
before
the
next
price
hike.

Purchase
and
stake
STARS
here
before
its
next
price
increase.

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