{"id":288325,"date":"2024-04-23T22:25:32","date_gmt":"2024-04-23T16:55:32","guid":{"rendered":"https:\/\/dripp.zone\/news\/can-shib-hit-0-000036-this-week-crypto-news\/"},"modified":"2024-04-23T22:25:35","modified_gmt":"2024-04-23T16:55:35","slug":"can-shib-hit-0-000036-this-week-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/can-shib-hit-0-000036-this-week-crypto-news\/","title":{"rendered":"Can SHIB Hit $0.000036 This Week? – Crypto News"},"content":{"rendered":"

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Shiba Inu Coin Price Forecast: The crypto market doldrums spilled into the week as the impact of Bitcoin\u2019s halving<\/span><\/a> over the weekend quickly faded. Shiba Inu Coin gained as much as 24% on Sunday but stalled under $0.000028 mirroring Bitcoin price<\/span><\/a> ascend above $60,000.<\/p>\n

After a couple of days characterized by price consolidation, SHIB looks poised to move higher, with a potential breakout targeting the $0.000036 level.<\/p>\n

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The second-largest meme coin hovers at $0.00002748 during US business hours on Tuesdays. It is up by almost 3% in the last 24 hours, on top of a subsequent 1.5% increase in the market cap to $16.31 billion. Shiba Inu coin ranks #11 among other cryptos, according to coin aggregator, CoinMarketCap<\/span><\/a>.<\/p>\n

Shiba Inu Coin Price Forecast: Is SHIB Poised For 30% Move<\/h2>\n

Shiba Inu Coin price performance has in the last several weeks suffered a great deal recording a significant drop from $0.00004563 \u2014 the 2024 high and testing $0.00002 support.<\/p>\n

The decline, however, reflects the general outlook of the crypto market, with the downturn in prices across the board. Amid the geopolitical tensions in West Asia, Bitcoin peaked above $70,000 again before plummeting to $60,000 in April.<\/p>\n

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In the wake of the Bitcoin halving, investors are looking forward to a supply disruption followed by a parabolic rally likely to impact the rest of the crypto market toward the end of the year.<\/p>\n

Traders looking out for further price increases in Shiba Inu<\/span><\/a>, which has recovered from April\u2019s lows around $0.00002 to $0.000078, may want to know about the immediate support in the grey band, as shown on the chart.<\/p>\n