Shiba Inu Price Prediction: SHIB Surges 11%, But Analysts Say This Meme Coin Staking Platform Might Be The Best Crypto To Buy Now
The Shiba Inu price surged 11% in the last 24 hours to trade at $0.00002511 as of 3.25 a.m. EST on trading volume that skyrocketed 246% to $6.31 billion. The second-largest meme coin by market cap has now soared 49% in the past seven days, largely thanks to the post-election crypto rally that has taken Bitcoin to a new all-time high beyond $81k. The meme coin initially surged to the price of $0.000028 on Nov. 10, but this was a major barrier that rejected its price. The project made two more attempts to breach the resistance, with both being unsuccessful. However, a support at $0.000025 prevented its price decline, keeping it in close proximity to the resistance, which provides it with a possibility of more attempts, and even a potential success. Shiba Inu Price Prediction At the time of writing, the SHIB price sits just above the support at $0.000025, although it is difficult to tell where it will go from here. Its technical indicators suggest that another attempt to breach the ...