Shiba Inu Price Prediction: Top Trending SHIB Soars 8% as This Unique AI Meme Coin Surpasses $4 Million.

Shiba Inu prices have surged 8% in the last 24 hours. Traded for $0.00003389 As of 3:39 a.m. EST, trading volume was down 30% to $3.52 billion.

This development comes as meme coins surge again, with SHIB surging 163% last week. It is also the most popular cryptocurrency on CoinMarketCap today.

Shiba Inu prices trade above a symmetrical triangle

In March, the price of Shiba Inu rose significantly and reached the resistance level of $0.000045, at which point the bears gained control over the price. In turn, this resulted in price fluctuations within the boundaries of the symmetrical triangle.

However, the bulls appear to be resilient as the price is trading at the upper boundary of the triangle, targeting a breakout. Additionally, SHIB is trading above its 50-day and 200-day simple moving averages (SMAs), confirming its bullish momentum.

Additionally, the Relative Strength Index (RSI) is trending upward from the 50-midline of 57, which suggests that the price is attempting a breakout and is in a balanced trade.

Moreover, the Moving Average Convergence Divergence (MACD) is showing signs of bullish momentum, with the moving average line (blue) crossing above the signal line (orange), indicating a bullish crossover. Since the market is expected to mount a bullish rally, investors mostly use bullish crossovers as a way to encourage more buying.

The green bars in the histogram also support the current trend. This is because it forms above the zero line, which indicates positive momentum.

Shiba Inu Price Prediction

Shiba Inu price analysis shows a bullish bias. This is because bulls aim to maintain bullish momentum enough to cause a price rebound above the symmetrical triangle.

Additionally, MACD and RSI are showing signs of breaking away from the uptrend, clearing the resistance levels of $0.00045 and $0.000052 and targeting $0.000055.

However, if bears take control of the price, a retracement could push the price higher, which could push SHIB back towards $0.0000257, in line with its 200-day SMA.

Meanwhile, investors are also betting on a new dog-themed meme coin called Scotty the AI. Its pre-sales have been going parabolic, adding about $2.9 million last week.

Scotty The AI: A worthy dog-themed token to replace SHIB

that much AI Scotty The pre-sale continues to gain popularity in the Meme Coin community and has surpassed $4 million in funds raised, meeting its $4.2 million goal.

SCOTTY appeals to many in the meme coin space as it is the first meme coin with AI capabilities. One such feature is Scotty Swap. This feature allows users to seamlessly and quickly exchange ETH or BNB for $SCOTTY.

The platform also features ScottyChat, which serves as an AI-powered cryptocurrency companion that provides market insights on cryptocurrency assets.

Earn passively by staking $SCOTTY

The platform also allows investors to earn passively through staking options. Stake $SCOTTY Annual Percentage Yield (APY) is 53%.

According to CryptoNews, a popular YouTube channel, $SCOTTY could rise 10x after launch.

You can participate in the pre-sale by purchasing $SCOTTY tokens for $0.0083 each. With less than 10 days left until the price increase, now is the best time to buy for quick profits.

If you would like to participate in the pre-sale, you can purchase tokens here: Scotty AI official website Exchange ETH or USDT for $SCOTTY. You can also make purchases using your bank card.

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