Shiba Inu (SHIB) Coin Price Prediction 2022 - 2030. How High Will SHIB Reach?

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Shiba Inu (SHIB) Coin Price Prediction 2022 - 2030. How High Will SHIB Reach?

Post by ragavendra »

The Shiba Inu (SHIB) was created by Ryoshi, an anonymous creator and launched in 2020. Since Ethereum blockchain’s gas fees was high, SHIB developers have moved their tokens to other blockchains such as Solana and Binance Smart Chain.

Shiba Inu has a total supply of 589,735,030,408,323 SHIB as per CoinMarketCap. Shiba Inu (SHIB) can be traded on top cryptocurrency exchanges including Binance, Coinbase, Kucoin, FTX,, Kraken, Mexc etc.

SHIBA INU (SHIB) Price Prediction 2022

During the past few months, Shiba Inu coin (SHIB) price ranged between $0.00003198 at the resistance4 level and $0.00001967 at the resistance1 level, and then touched the $0.00000618 support2 level and $0.00000949 support1 level.

Irrespective of this sideways movement in the price of SHIB, we can deduce the following:

1. Based on the previous price history, Shiba Inu coin (SHIB) is expected to breakout at the $0.00001967 resistance1 level. SHIB could rise if investors have their way, reaching the $0.00003178 resistance4 level before reversing, due to the formation of a triple top.

2. A reversal at the resistance 1 level could result in further declines in price of SHIB upto the support 2 level at $0.00000618 until a double bottom is formed. This could lead to a bullish reversal.

We anticipate a bullish long-term SHIB coin price prediction for 2022. We can expect SHIB to reach $0.00005 this year.
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