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SHIB Price Forecast: AI Predicts Significant Movement by April 20, 2025

SHIB Price Forecast: AI Predicts Significant Movement by April 20, 2025

Author:
SHIB News
Published:
2025-04-13 05:04:27
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[TRADE_PLUGIN]SHIBUSDT,SHIBUSDT[/TRADE_PLUGIN]

The Shiba Inu (SHIB) market has been marked by heightened volatility recently. Despite a strong start to the week, the meme-inspired cryptocurrency faced a notable downturn, leaving investors cautiously optimistic about a potential rebound. While March held hopes for recovery, April has presented tougher challenges for SHIB holders. However, anticipation is building around a possible price surge in the near term. Since its inception in 2020, SHIB has delivered an astronomical return of 898,276.09%, peaking at an all-time high of $0.00008845 in October 2021. As of April 2025, AI-driven predictions suggest a pivotal moment for SHIB’s valuation by April 20, sparking renewed interest among traders and long-term supporters alike.

Shiba Inu Prediction: AI Sets SHIB Price For April 20, 2025

The Shiba Inu (SHIB) market has seen increased volatility recently. After a strong start to the week, the asset experienced a significant decline. While the community anticipated a recovery in March, April has proven to be more challenging. However, investors anticipate a notable spike in SHIB’s price in the coming days. Since its launch in 2020, SHIB has recorded an 898276.09% uptick, including an all-time high of $0.00008845 in October 2021.

Shiba Inu Price Nears Key Level for Potential 67% Breakout

Shiba Inu (SHIB) is pressing hard against a critical resistance level, which a crypto analyst believes could lead to a massive breakout. A confirmed breakout could result in a 67% increase in price, targeting $0.00002. A technical analysis by CryptoWizard101 has identified this key juncture for SHIB, highlighting its position NEAR a significant resistance area. The analyst’s assessment, accompanied by a daily chart, suggests that a breakout could ignite the next significant rally for the popular dog-themed altcoin.

Shibarium Devs Get Direct Support Channel

The CORE team has launched a specialized Telegram channel providing Shibarium devs with direct access to the engineering team for real-time technical support. This new hub aims to reduce technical obstacles and expedite dApp creation by offering a dedicated pipeline for assistance. The creation of this channel was announced by a pseudonymous Shibarium engineering manager named ’John Doe’.

Bitcoin Analyst Says Shiba Inu Price Will Never Hit $1

A recent analysis by a Bitcoin analyst, Davinci Jeremie, has dismissed the possibility of the Shiba Inu price hitting the $1 mark. Jeremie, who has over 825,700 followers on X (formerly Twitter), argues that Shiba Inu’s vast circulating supply makes it highly unlikely for the price to reach $1. With a total circulating supply of around 589.5 trillion as of April 2025, reaching $1 would require an astronomical market cap that the crypto market could not sustain.

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