SHIB News: Shiba Inu Experiences Short-Term Decline, But Medium-Term Trend Shows Adjustment

Shiba Inu (SHIB) Price Prediction for March 28

As of now, Shiba Inu (SHIB) is trading at $0.00001317 after a 6.52% decrease in the last 24 hours and a 6.50% decrease over the past 30 days. These recent declines indicate short-term selling pressure, while the month-long trend shows a moderate bearish correction. The dual perspective shows that while recent sentiment is bearish on a short-term basis, the overall medium-term trend remains in a state of adjustment rather than a steep decline. Traders are closely watching whether the current dip will lead to a short-term rebound or if further selling pressure will persist.

Shiba Inu to Hit $0.0000340? Expert Predicts 2x Rally Days Away!

A market analyst from World of Charts forecasts a potential doubling in Shiba Inu’s value soon, identifying a bullish price action in the SHIB/USDT chart. The meme coin is showing renewed strength amid cryptocurrency market volatility, approaching a breakout from a multi-month descending channel that formed after December’s high.

Shiba Inu ($SHIB) Price Prediction: Can SHIB Reach $0.001 by 2031?

Shiba Inu faces short-term declines but long-term growth projections remain strong. SHIB could reach $0.001 by 2031 with 100% annual growth based on current trends. market inflows and outflows significantly influence Shiba Inu’s price movements. The meme coin has experienced major challenges in recent months, remaining more than 27% below its February high despite a recent five-day winning streak that boosted its price to $0.00001567 on March 26.

Shiba Inu Price Prediction and Mutuum Finance’s Performance

Shiba Inu (SHIB) has recovered from $0.00001153 at the start of the week, moving 12% higher to $0.00001303. Traders are paying attention to SHIB, with speculators predicting a 200% appreciation in the upcoming weeks, similar to its previous 150% rally over six weeks. Meanwhile, the DeFi lending minting project, Mutuum Finance (MUTM), has entered phase 4 of its presale with tokens priced at $0.025, raising over $5.7 million and attracting more than 7400 holders.