Shiba

bullish

Major

Shiba Inu

Higher

<p style="text-align: left;">Meme coins are back in fashion and SHIB is no exception.</p> 
<p><strong>Key Support levels: $0.000014</strong></p> 
<p><strong>Key Resistance levels: $0.000020</strong></p> 
<h2 id="1-shib-turns-bullish">1. SHIB Turns Bullish</h2> 
<p>The pullback appears to be over and SHIB started the week with buyers keen to take it higher. If this bullish momentum continues, then the key resistance at $0.000020 could be tested in the coming days. Back at the end of September, sellers stopped the price there, but a second attempt could be successful.</p> 
<figure id="attachment_364662" aria-describedby="caption-attachment-364662" style="width: 100%" class="wp-caption aligncenter">
 <a href="https://cryptopotato.com/wp-content/uploads/2024/10/SHIBUSDT_2024-10-07_16-40-03.png" data-wpel-link="internal"></a>
 <figcaption id="caption-attachment-364662" class="wp-caption-text">
  Chart by TradingView
 </figcaption>
</figure> 
<h2 id="2-a-higher-high-next">2. A Higher High Next?</h2> 
<p>With a higher low confirmed, SHIB is now well on its way to attempt a higher high. The price will have to turn $0.000020 into support to make that possible. At the time of this post, buyers still appear somewhat shy, but this could change in the days to come.</p> 
<figure id="attachment_364661" aria-describedby="caption-attachment-364661" style="width: 100%" class="wp-caption aligncenter">
 <a href="https://cryptopotato.com/wp-content/uploads/2024/10/SHIBUSDT_2024-10-07_16-40-17.png" data-wpel-link="internal"><img class="size-full wp-image-364661" src="https://cryptopotato.com/wp-content/uploads/2024/10/SHIBUSDT_2024-10-07_16-40-17.png" alt="SHIBUSDT_2024-10-07_16-40-17" width="2437" height="1190" srcset="https://cryptopotato.com/wp-content/uploads/2024/10/SHIBUSDT_2024-10-07_16-40-17.png 2437w, https://cryptopotato.com/wp-content/uploads/2024/10/SHIBUSDT_2024-10-07_16-40-17-300x146.png 300w, https://cryptopotato.com/wp-content/uploads/2024/10/SHIBUSDT_2024-10-07_16-40-17-1024x500.png 1024w, https://cryptopotato.com/wp-content/uploads/2024/10/SHIBUSDT_2024-10-07_16-40-17-768x375.png 768w, https://cryptopotato.com/wp-content/uploads/2024/10/SHIBUSDT_2024-10-07_16-40-17-1536x750.png 1536w, https://cryptopotato.com/wp-content/uploads/2024/10/SHIBUSDT_2024-10-07_16-40-17-2048x1000.png 2048w, https://cryptopotato.com/wp-content/uploads/2024/10/SHIBUSDT_2024-10-07_16-40-17-50x24.png 50w" sizes="(max-width: 2437px) 100vw, 2437px"></a>
 <figcaption id="caption-attachment-364661" class="wp-caption-text">
  Chart by TradingView
 </figcaption>
</figure> 
<h2 id="3-major-bullish-signal-on-macd">3. Major Bullish Signal on MACD</h2> 
<p>The weekly MACD turned bullish with the start of October and this momentum only intensified since. This supports a bullish bias with the expectation that the current resistance will soon be put to the test again. Based on this indicator, higher price levels are becoming likely.</p> 
<figure id="attachment_364660" aria-describedby="caption-attachment-364660" style="width: 100%" class="wp-caption aligncenter">
 <a href="https://cryptopotato.com/wp-content/uploads/2024/10/SHIBUSDT_2024-10-07_16-40-55.png" data-wpel-link="internal"><img class="size-full wp-image-364660" src="https://cryptopotato.com/wp-content/uploads/2024/10/SHIBUSDT_2024-10-07_16-40-55.png" alt="SHIBUSDT_2024-10-07_16-40-55" width="2437" height="1190" srcset="https://cryptopotato.com/wp-content/uploads/2024/10/SHIBUSDT_2024-10-07_16-40-55.png 2437w, https://cryptopotato.com/wp-content/uploads/2024/10/SHIBUSDT_2024-10-07_16-40-55-300x146.png 300w, https://cryptopotato.com/wp-content/uploads/2024/10/SHIBUSDT_2024-10-07_16-40-55-1024x500.png 1024w, https://cryptopotato.com/wp-content/uploads/2024/10/SHIBUSDT_2024-10-07_16-40-55-768x375.png 768w, https://cryptopotato.com/wp-content/uploads/2024/10/SHIBUSDT_2024-10-07_16-40-55-1536x750.png 1536w, https://cryptopotato.com/wp-content/uploads/2024/10/SHIBUSDT_2024-10-07_16-40-55-2048x1000.png 2048w, https://cryptopotato.com/wp-content/uploads/2024/10/SHIBUSDT_2024-10-07_16-40-55-50x24.png 50w" sizes="(max-width: 2437px) 100vw, 2437px"></a>
 <figcaption id="caption-attachment-364660" class="wp-caption-text">
  Chart by TradingView
 </figcaption>
</figure> 
<p>For more updates on the ecosystem, make sure to check out our <a href="https://cryptopotato.com/shibarium-news/" data-wpel-link="internal">Shibarium news</a>.</p> 
<p>The post <a href="https://cryptopotato.com/shiba-inu-shib-price-prediction-how-high-can-it-go-this-week/" rel="nofollow">Shiba Inu (SHIB) Price Prediction: How High Can it Go This Week?</a> appeared first on <a href="https://cryptopotato.com/" rel="nofollow">CryptoPotato</a>.</p>

Shiba Inu (SHIB) Price Prediction: How High Can it Go This Week?

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