Shiba

bullish

Cardano

Shiba Inu

Divergence

<p>With a jump of ~14% in the past 24 hours with a trading volume of $6.543 billion. The SHIB price has maintained its bullish sentiment. The Shiba Inu memecoin has soared 58.39% over the past week, resulting in a multi-level breakout.</p>   
<p>Amid increasing bullish sentiment in the crypto space, will the Shiba Inu (SHIB) price challenge the market cap of Cardano (ADA) which currently guards the 09th position with a valuation of $20.703 billion? You are minutes away from finding out the possibilities!</p>   
<h2 class="wp-block-heading" id="h-shib-price-records-5-month-high">SHIB Price Records 5-month High!</h2>   
<p>With the recent price jump, the Shiba Inu meme coin has successfully reclaimed the $0.0000260 mark. Furthermore, the 2nd largest memecoin by market cap has claimed its position in the top 10 cryptocurrencies, indicating increased market dominance.</p>   
<figure class="wp-block-image size-large">
 <img src="https://image.coinpedia.org/wp-content/uploads/2024/11/11164416/image-160-1024x537.png" alt="Shiba Inu Price Analysis 11th November 2024" class="wp-image-378360">
 <figcaption class="wp-element-caption">
  TradingView: SHIB/USDT
 </figcaption>
</figure>   
<p>Reportedly, this memecoin project has recorded a 24-hour High/Low of $0.00002786 and $0.00002315. Moreover, with a trading price of $0.00002583, it has a market capitalization of $15.282 billion.</p>   
<p>The EMA 50/200-day has experienced a Golden Cross in the daily time frame, suggesting increased buying pressure for it in the crypto space.</p>   
<p>The Moving Average Convergence Divergence (MACD) shows a constant rise in the green histogram with its averages showing a constant rise. This hints that this altcoin may continue gaining value in the upcoming time.</p>   
<h2 class="wp-block-heading" id="h-will-shib-ever-go-up-in-price">Will SHIB Ever Go Up In Price?</h2>   
<p>Maintaining the bullish action could push the price of SHIB coin toward its resistance level of $0.00003080. Furthermore, if the bulls hold their dominance, the Shiba Inu price could potentially exchange hands at around $0.0000380 by the month-end.</p>   
<p>On the contrary, with a turn of events or an increase in the profit booking, the SHIB crypto could restest its low of $0.0000200 during the coming weeks.</p>   
<p>Curious about the long-term possibilities of this memecoin? Read our <a href="https://coinpedia.org/price-prediction/shiba-inu-price-prediction/" target="_blank" rel="noreferrer noopener">Shiba Inu (SHIB) Price Prediction</a>!</p>   
<h2 class="wp-block-heading" id="h-faqs">FAQs</h2>   
<div class="schema-faq wp-block-yoast-faq-block">
 <div class="schema-faq-section" id="faq-question-1731323602995">
  <strong class="schema-faq-question"><strong>Is SHIB worth investing in today?</strong></strong> 
  <p class="schema-faq-answer">The Shiba Inu coin price has jumped 13.38%, making it one of the hot picks at the moment.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1731323604320">
  <strong class="schema-faq-question"><strong>How high will Shiba Inu go?</strong></strong> 
  <p class="schema-faq-answer">With a potential surge, this meme coin may achieve a high of $0.00003965 this year.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1731323604935">
  <strong class="schema-faq-question"><strong>Will SHIB Price hit $0.000050?</strong></strong> 
  <p class="schema-faq-answer">The Shiba Inu price is projected to potentially achieve this mark in 2025.</p> 
 </div> 
</div>

Shiba Inu Retests Its Pivotal Point, SHIB Price To Hit $0.000030?

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