Price Predictions

Shiba Inu Price Prediction Weekly: Will SHIB Price Secure Levels Above INR 0.0018 to Close the Weekly Trade?

Shiba Inu Price

Key Takeaways:

  • Shiba Inu price closed the previous day’s close at INR 0.0017013 with a market capitalization of INR 1227 Cr and a circulating supply of 5,49,06,328 Cr SHIB
  • SHIB is trying hard to flip from the lower levels being very close to the lower support at INR 0.0015
  • The asset may try out for an 8% spike to secure levels above the danger zone and began the next month’s rally on a bullish note

Shiba Inu Price Analysis:  Will SHIB Price May Hit INR 0.001800 by this Week?

The Shiba Inu price slides drastically ever since the beginning of April’s trade which was flipped during the mid of the second week. The price spiked extremely high gaining nearly 35% in a single day. Woefully, the price shed most of its gains and dropped to its initial levels in the next couple of weeks. However, the price is attempting for a flip which may be challenged by the bears constantly.

With the weekly and the monthly close being around the corner, the asset is feared to record a bearish close. Moreover, the bearish hammer validates the descending scenario or a narrow consolidation which may hover around INR 0.001700 to end the weekly trade. Or a significant push may ignite a 7% to 8% upswing to surpass INR 0.001800 levels.

Check out the Latest Prices, Charts, and Data of  SHIB/USDT.

Shib INU Price Prediction: SHIB Price Trend Comparison with DOGE (Last 30 Days)

Shiba Inu Price

Source: Tradingview

Shiba INU and Dogecoin are among the most popular Doge-based crypto and tough competitors of each other. SHIB claims itself to be the ‘Dogecoin-killer’ and intends to become the top dog-based crypto in the coming times. Dogecoin remained away from the market sentiments and followed its narrow trend until the beginning of this month. 

Dogecoin & Shiba INU maintained a significant trend since the beginning of the month. And interestingly, the DOGE price outperformed the SHIB price and all thanks to Elon Musk who jumped in with the Twitter acquisition and spiked the DOGE price above immediate resistance levels. 

Currently, the DOGE price has outperformed the SHIB price rally which is hovering around 13.72% after hitting 36%. On the other hand, the SHIB price maintained a stagnant descending rally, facing constant rejections. And hence it is hovering around -3.59% after sliding down from 12%.

Check out the Latest Prices, Charts, and Data of  DOGE/USDT.

Top Gainers & Losers of the Week

Top Gainers

Crypto Price* 7-Day Percentage Change
XDC Network(XDC/USDT) INR 5.23 +17.35%
Flamingo (FLM/USDT) INR 14.98 +5.72%
ApeCoin (APE/USDT) INR 1834.30 +3.86%
Tron (TRX/USDT) INR 5.20 +1.22%

Top Losers

Crypto Price* 7-Day Percentage Change
Fantom (FTM/USDT) INR 68.69 -10.93%
Axie Infinity (AXS/USDT) INR 2761.12 -8.22%
ZCash (ZEC/USDT) INR 10,722.59 -7.67%
Harmony (ONE/USDT) INR 7.36 -7.65%

*Prices are of 30 April 2022 at the time of writing the article

What’s New on CoinDCX? New Coin Listings on CoinDCX App

Crypto Price*
Audius(AUDIO/USDT) INR 79.42
Waves(WAVES/USDT) INR 1163.07
Mina(MINA/USDT) INR 152.71
Coti(COTI/USDT) INR 16.47

*Prices are of 30 April 2022 at the time of writing the article 

Download CoinDCX App, India’s safest and simplest crypto exchange. 

Read recent price predictions on:

  1. Solana Price Prediction Weekly
  2. Dogecoin Price Prediction Weekly

Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. In case you have any queries, write to [email protected].

The above information represent the independent views of Primestack Pte. Ltd, Neblio Technologies Pvt. Ltd, and/or their affiliate entities and are for informational & educational purposes only. The content, information or data provided above is not an offer, or solicitation of an offer, to invest in, or to buy or sell any interest or shares, virtual digital assets/ crypto products or securities, or to participate in any investment or trading strategy. Any statement or communication made above shall not be treated as a legal, financial, investment or tax advice by the reader. The calculations, data, risk-return formulations, performance or market capitalization indicators captured above are based on the independent data sourcing including collation of public information and/or analysis performed by analysts, advisors or employees of Primestack Pte. Ltd/ Neblio Technologies Pvt. Ltd and/or their affiliate companies and/or any third party. Past performance is not indicative of any future results. The reader(s) are hereby advised to consult their financial/ legal/ tax advisor(s) before making any investment.

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