{"id":183784,"date":"2023-10-30T20:36:33","date_gmt":"2023-10-30T15:06:33","guid":{"rendered":"https:\/\/dripp.zone\/news\/shiba-inu-price-prediction-shib-tops-0-000008-crypto-news\/"},"modified":"2023-10-30T20:36:39","modified_gmt":"2023-10-30T15:06:39","slug":"shiba-inu-price-prediction-shib-tops-0-000008-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/shiba-inu-price-prediction-shib-tops-0-000008-crypto-news\/","title":{"rendered":"Shiba Inu Price Prediction: SHIB Tops $0.000008 &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"p1\">Shiba Inu (SHIB) price started the new week painting a bullish picture, with support likely above $0.000008. Bulls are unlikely to rest before the second-largest meme coin breaks the psychological resistance at $0.00001.<\/p>\n<p class=\"p1\">The majority of the technical indicators affirm the bullish outlook implying that Shiba Inu price is still poised to make a larger breakout.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p class=\"p1\">Investors have since the crypto market flipped bullish in October, bolstered by the hype surrounding the potential approval of\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/vaneck-joins-the-bandwagon-updates-bitcoin-etf-filing\/\"><span class=\"s1\">Bitcoin spot exchange-traded funds (ETFs)<\/span><\/a>, increased their exposure to SHIB and other meme coins like Pepe Coin, Floki Uni, and Bonk.<\/p>\n<h2 class=\"p1\">Shiba Inu Price Prediction: Evaluating The Bullish Outlook This Week<\/h2>\n<p class=\"p1\"><span class=\"s1\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/markets\/shiba-inu-price-prediction-key-levels-to-watch-in-recovery\/\">Shiba Inu<\/a><\/span>\u00a0enhanced its technical structure in October and now sits between two determinant indicators; the 100-day Exponential Moving Average (EMA) (blue) at $ 0.0000077 and the 200-day EMA (purple) at $0.00000836.<\/p>\n<p class=\"p1\">For Shiba Inu to have a smooth transition eyeing movement above $0.00001, the support provided by the 100-day EMA must be defended at all costs. On the upside, a break and hold above the 200-day EMA would make SHIB more attractive to traders who will help build the momentum for the breakout above $0.00001.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<figure id=\"attachment_162825\" aria-describedby=\"caption-attachment-162825\" style=\"width: 2710px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/SHIBUSD_2023-10-30_17-37-50.png\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-162825\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/SHIBUSD_2023-10-30_17-37-50.png\" alt=\"Shiba Inu price prediction daily chart \" width=\"2710\" height=\"1454\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/SHIBUSD_2023-10-30_17-37-50.png 2710w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/SHIBUSD_2023-10-30_17-37-50-300x161.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/SHIBUSD_2023-10-30_17-37-50-1224x657.png 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/SHIBUSD_2023-10-30_17-37-50-768x412.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/SHIBUSD_2023-10-30_17-37-50-1536x824.png 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/SHIBUSD_2023-10-30_17-37-50-2048x1099.png 2048w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/10\/SHIBUSD_2023-10-30_17-37-50-150x80.png 150w\" sizes=\"auto, (max-width: 2710px) 100vw, 2710px\"\/><\/noscript><\/a><figcaption id=\"caption-attachment-162825\" class=\"wp-caption-text\">Shiba Inu price prediction daily chart | Tradingview<\/figcaption><\/figure>\n<p class=\"p1\">In addition to the buy signal fronted by the Moving Average Convergence Divergence (MACD) indicator, a double-bottom pattern is forming. The call to traders to consider buying SHIB manifested with the MACD line in blue crossing above the red signal line. Besides, the green histograms on top of the neural 0.00 area add credibility to the trend reversal.<\/p>\n<p class=\"p1\">On the other hand, a double-bottom pattern hints at\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/shiba-inu-price-pumps-as-shibarium-wallets-hit-1-25m-is-the-meme-coin-euphoria-back\/\"><span class=\"s1\">SHIB rocketing<\/span><\/a>\u00a0above $0.00001 and closing the gap to $0.000015 for the first time since February. This pattern usually forms toward the end of a downtrend and indicates that bears are losing grip to give way to bulls taking back the reins. The two bottoms represent an area of strong support, which helps to chart the bullish path.<\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p class=\"p1\">However, the pattern remains unconfirmed until\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/price\/shiba-inu\/\"><span class=\"s1\">Shiba Inu price<\/span><\/a>\u00a0shutters resistance at the neckline. Traders would be expected to place their buy orders slightly above $0.00001069 \u2014 the neckline. The breakout should be accompanied by a significant increase in trading volume, otherwise, it is unlikely to be sustainable.<\/p>\n<p class=\"p1\">Like triangles, double-bottoms have precise breakout targets equal to the height of the pattern extrapolated above the neckline resistance.<\/p>\n<h2 class=\"p1\">Shiba Inu Announces Major Shift In Blockchain<\/h2>\n<p class=\"p1\">The Shiba Inu development team announced via Twitter (now X) on October 28 that the community should get ready for a radical shift in the blockchain world.<\/p>\n<p class=\"p1\">\u201cAttention, Shib Army! We all love a good surprise, and yours is on the horizon \u2013 the very first step to unlock your unique Shib identity is just 72 hours away!\u201d<\/p>\n<p class=\"p1\">Although the developers did not specify what exactly was going to change, they hyped the community with a $5,000 SHIB giveaway to spread the word.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Shib Army, brace for a seismic shift in the blockchain world! \ud83d\ude80<\/p>\n<p>\ud83d\udea8 Attention, Shib Army! We all love a good surprise, and yours is on the horizon \u2013 the very first step to unlock your unique Shib identity is just 72 hours away!\u23f3<\/p>\n<p>\ud83c\udf81 Plus, here\u2019s your ticket to the $5,000 SHIB\u2026 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/P9XzJOBGcy\">pic.twitter.com\/P9XzJOBGcy<\/a><\/p>\n<p>\u2014 Shib (@Shibtoken) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Shibtoken\/status\/1718321275553067269?ref_src=twsrc%5Etfw\">October 28, 2023<\/a><\/p>\n<\/blockquote>\n<p class=\"p1\">At the time of writing, the post on X had been viewed 749k times ahead of the unknown yet much-anticipated news.<\/p>\n<h3 class=\"p1\">Related Articles<\/h3>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<div class=\"m-on mobiless\">\n<div id=\"social-section-new\">\n<p>\u2713 Share:<\/p>\n<p>                                  <a rel=\"nofollow noopener\" target=\"_blank\" class=\"social-text_new wp_new\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/shiba-inu-price-seismic-bullish-shift-eyes-sharp-climb-past-0-00001-key-levels-to-watch\/\" style=\"display: block\">  <i class=\"fa fa-whatsapp\"\/><\/a><\/p>\n<div>\n                                <a rel=\"nofollow noopener\" target=\"_blank\" class=\"social-text_new tw_new_logo\" href=\"https:\/\/twitter.com\/intent\/tweet?text=https:\/\/coingape.com\/shiba-inu-price-seismic-bullish-shift-eyes-sharp-climb-past-0-00001-key-levels-to-watch\/\"><br \/>\n  <img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\" data-lazy-src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\"\/><\/noscript><br \/>\n<\/a>\n                                <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>          <!-- \n\n<div class=\"m-on pl-2 pr-2\">\n            \n\n<div class=\"row\">\n            \n\n<div class=\"col-6 pr-2\">\n         \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/top-7-crypto-marketing-firms-of-the-year\/?utm_source=abovesidebartabnews&utm_medium=organicarticle\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\"http:\/\/www.w3.org\/2000\/svg\"%20viewBox='0%200%20834%20833'%3E%3C\/svg%3E\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" data-lazy-src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" ><noscript><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/noscript><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top Crypto Marketing Firms \/ Agencies 2023; 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Here List\n <\/div>\n\n\n            <\/a>\n          \n            <\/div>\n\n\n            <\/div>\n\n\n                <\/div>\n\n\n        <\/div>\n\n                    --><\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA162824\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<!--\n                                      \n\n<div class=\"getAuthoname\">\n                                          \n                                                                                 \n                                       <\/div>\n\n \n--><\/p>\n<p>John is a seasoned crypto expert, renowned for his in-depth analysis and accurate price predictions in the digital asset market. As the Price Prediction Editor for Market Content at CoinGape Media, he is dedicated to delivering valuable insights on price trends and market forecasts. With his extensive experience in the crypto sphere, John has honed his skills in understanding on-chain data analytics, Non-Fungible Tokens (NFTs), Decentralized Finance (DeFi), Centralized Finance (CeFi), and the dynamic metaverse landscape. Through his steadfast reporting, John keeps his audience informed and equipped to navigate the ever-changing crypto market.                         <\/p>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" data-lazy-srcset=\"https:\/\/secure.gravatar.com\/avatar\/382b200bdfe14eeef2a23454909dbc78?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" data-lazy-src=\"https:\/\/secure.gravatar.com\/avatar\/382b200bdfe14eeef2a23454909dbc78?s=200&#038;d=mm&#038;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/382b200bdfe14eeef2a23454909dbc78?s=200&#038;d=mm&#038;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/382b200bdfe14eeef2a23454909dbc78?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD162824\">\n<p>  The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<p><!-- \n\n<div class=\"container p-1 mb-3  mt-4 \">\n    \n    \n     \n\n<div class=\"Maintitle clgrn border-0\">\n               <span>Crypto Stories<\/span>\n                    \n                    \n                    <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/web-stories\/\" class=\"viewAll p-0\">View all<\/a>\n                <\/div>\n\n\n     \n\n<div class=\"row mobileXS \">\n                     \n          \n\n<div class=\"item col-md-4\"> \n        \n\n<div class=\"Newseducation\">\n         \n\n<div class=\"Eduimg WduImg\">\n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/web-stories\/twitter-is-now-worth-just-33-of-elon-musks-purchase-price\/?utm_source=post&utm_medium=web-story\">\n            \n\n<div class=\"edIm StoryWebimg\"><img loading=\"lazy\" width=\"640\" height=\"853\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\"http:\/\/www.w3.org\/2000\/svg\"%20viewBox='0%200%20640%20853'%3E%3C\/svg%3E\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"twitter_is_now_worth_just_33__of_elon_musk___s_purchase_price_720\" decoding=\"async\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/05\/twitter_is_now_worth_just_33__of_elon_musk___s_purchase_price_720.jpg\" \/><noscript><img loading=\"lazy\" width=\"640\" height=\"853\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/05\/twitter_is_now_worth_just_33__of_elon_musk___s_purchase_price_720.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"twitter_is_now_worth_just_33__of_elon_musk___s_purchase_price_720\" decoding=\"async\" \/><\/noscript><\/div>\n\n\n                \n\n<div class=\"Educontent\">Twitter is now worth just 33% of Elon Musk\u2019s purchase price <\/div>\n\n\n            <\/a>\n            <\/div>\n\n\n        <\/div>\n\n\n        <\/div>\n\n\n          \n          \n  \n              \n          \n\n<div class=\"item col-md-4\"> \n        \n\n<div class=\"Newseducation\">\n         \n\n<div class=\"Eduimg WduImg\">\n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/web-stories\/will-cramer-curse-strike-again\/?utm_source=post&utm_medium=web-story\">\n            \n\n<div class=\"edIm StoryWebimg\"><img loading=\"lazy\" width=\"640\" height=\"853\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\"http:\/\/www.w3.org\/2000\/svg\"%20viewBox='0%200%20640%20853'%3E%3C\/svg%3E\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"will_cramer_curse_strike_again_720\" decoding=\"async\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/05\/will_cramer_curse_strike_again_720.jpg\" \/><noscript><img loading=\"lazy\" width=\"640\" height=\"853\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/05\/will_cramer_curse_strike_again_720.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"will_cramer_curse_strike_again_720\" decoding=\"async\" \/><\/noscript><\/div>\n\n\n                \n\n<div class=\"Educontent\">Will Cramer Curse Strike Again? 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Bulls are unlikely to rest before the second-largest meme coin breaks the psychological resistance at $0.00001. The majority of the technical indicators affirm the bullish outlook implying that Shiba Inu price is still poised to make a larger [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":183785,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[188,183,185,186,187,184,189,150,182,190],"class_list":["post-183784","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-blockchain-tech","tag-blockchain-technology","tag-crypto-technology","tag-cryptocurrency-technology","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/183784","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=183784"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/183784\/revisions"}],"predecessor-version":[{"id":183786,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/183784\/revisions\/183786"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/183785"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=183784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=183784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=183784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}