Shiba Inu Although (SHIB) is one of the most well-known meme coins in the crypto market, its price has been struggling to stabilize lately. It experienced a decrease of 1.8% on daily charts, 1.4% on weekly charts, 3.7% in the last 14 days and 6.6% compared to the previous month. This downtrend has caused the price of SHIB to decline by over 40% since January 2023. However, it is currently considered that this downward trend may end.
ChatGPT Predicts Bullish Divergence for Shiba Inu in February
According to ChatGPT, popular meme coin Shiba Inu (SHIB) could rise to $0.000002105 if it breaks out of the falling wedge formation. Achieving this target from current levels would indicate growth of over 76%.
According to Google’s Bard AI, under favorable market conditions, the Shiba Inu price is expected to be in the range of $0.000015 to $0.000020. However, with more moderate market conditions, it is estimated that the price of SHIB may drop to between $0.00001 and $0.000012.
How High Could SHIB Go in 2024?
Koinfinans.com According to Changelly, as we reported, SHIB is expected to reach a maximum price of $0.0000149985 in 2024. This represents an increase of approximately 68% from current levels. On the other hand, SHIB, the popular memecoin, is expected to reach a maximum price of $0.0000571 in 2024, according to Telegaon’s forecast. This represents an increase of over 540% from current levels.
However, it will likely take a longer time for Shiba Inu (SHIB) to regain its all-time high of $0.00008616. According to Changelly, SHIB could reach its all-time high in 2029, five years from now. On the other hand, as per Telegaon’s forecast, SHIB’s peak may be two years away, i.e. in 2026.
