The question is if Shiba Inu is currently on an uptrend?
According to the data, since December 1, 2021, Shiba Inu has been steadily increasing and has gone up 100%. Concerning the 200-day moving average line, 100 is currently 100% above it. It is also 100% above the 100-day moving average line and __val__% above the 50-day moving average line. From this, we can infer that to some extent, yes, __val__ is in an uptrend.
Predictions for the price of Shiba Inu in 2023
Let's examine the one-year forecast more closely since it is the most precise of the analysts' forecasts.
Analysts were divided in their predictions for the Shiba Inu price over the next year. The highest forecast predicted a one-year price target of $0.00. However, the most pessimistic forecast was $0.00.
The latest average price target for the next year is $0.00, which is the most vital figure.
This indicates a possible increase of 1.4 percent.
SHIB - Relative Strength Forecast
SHIB - Trend Prediction
SHIB - Price Volatility Prediction
SHIB - Relative Strength
SHIB - Momentum Forecast
Shiba Inu's Prospects For 2025-2030
Shiba Inu's future looks promising. According to nine analysts, Shiba Inu is expected to reach $0.00 by March 2025. The five-year forecast projects that the Shiba Inu price will be $0.00 by March 2027. The long-term prediction for 2030 is $0.00.