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Analyst Javon Marks projects 480% Shiba Inu (SHIB) surge; Price Target $0.000081 Shiba Inu (SHIB) bullish momentum; resistance at $0.00001380; next target $0.000014 SHIB strong support found at $0.00001320; key level for potential price action Market analyst Javon Marks projects a potential 480% surge for Shiba Inu (SHIB), setting a price target of $0.000081. Marks’ ambitious projection follows SHIB’s recent price movements above a key resistance trendline, with some analysts even forecasting a rise to $0.00015. As of press time, SHIB trades at $0.00001320, a blip of 3% over 24 hours. But then, trading volume is on the rise for the same timeframe, a 41% surge to $280 million, the market cap at $7.9 billion. This mixed market sentiment is the ongoing fight between bulls and bears. Price Momentum and Key Levels to Watch The price path of SHIB has shown a consistent upward trend. The token moved from a low of $0.00001298 to a recent high near $0.00001380 before pulling back slightly. This bullish momentum suggests that investor confidence remains strong, even as SHIB meets resistance at higher levels. However, the market remains volatile, and any big … The post Shiba Inu (SHIB) Set for 480% Surge? Analyst Price Target Sparks Hope appeared first on Coin Edition.

The Shiba Inu (SHIB) team is optimistic about the possibility of SHIB being included in the proposed U.S. strategic crypto reserve, following former President Donald Trump’s proposal to integrate BTC, ETH, SOL, ADA and XRP. Lucie, the marketing lead for Shiba Inu, echoed this optimism in a tweet on Sunday, stating, “SHIB. Never Say Never,” subtly hinting at the potential for SHIB’s future inclusion in the reserve. Her statement resonated with many SHIB supporters, who see the token’s expanding ecosystem as a strong argument for its consideration. “I believe that SHIB has one of the best chances of becoming a reserve asset,” said Midnight, the pseudonymous host of the Luckside Crypto YouTube channel. In a Tuesday video, the pundit pointed to SHIB’s resilience during bear markets and its growing ecosystem, which has seen increased partnerships and integrations through Shibarium, the project’s Layer-2 solution, as a key consideration for the meme-coins’ inclusion in the reserve. Midnight further suggested that serious discussions about its inclusion in the reserve could take shape if SHIB surpasses 3-4 million holders and climbs into the top 10 or even top 5 cryptocurrencies. “The more the SHIB ecosystem grows and the holder base expands, the more realistic the conversation about SHIB as a reserve asset becomes,” he added. Notably, the Shiba Inu ecosystem has been actively working to expand SHIB’s utility and mainstream adoption. The team recently introduced the S.H.I.B. (Strategic Hub for Innovation in Blockchain) initiative, which aims to transform the US into the global powerhouse for crypto and blockchain technology. Lucie has also previously underscored the team’s commitment to innovation, highlighting initiatives spanning gaming, a DAO, the metaverse, and blockchain utility projects to strengthen SHIB’s position in the evolving digital economy. Adding to SHIB’s growing prominence, data from Arkham Intelligence reveals that, alongside Bitcoin, Ethereum, Solana, and other major cryptocurrencies, the U.S. government currently holds approximately 54.9 billion SHIB tokens. This significant holding could serve as a strong foundation for a potential SHIB reserve. Despite the excitement surrounding Trump’s proposal, the idea of a U.S. crypto reserve remains contentious within the crypto community. While some view it as a step toward mainstream adoption, critics, particularly Bitcoin maximalists, argue that including smaller tokens could dilute Bitcoin’s perceived dominance as digital gold. Gemini co-founder Tyler Winklevoss has been particularly vocal in opposing a diversified reserve, emphasizing that Bitcoin alone should serve as the foundation for the U.S. strategic crypto holdings. “I have nothing against XRP, SOL, or ADA but I do not think they are suitable for a Strategic Reserve. Only one digital asset in the world right now meets the bar and that digital asset is Bitcoin.” He tweeted Tuesday, adding “An asset needs to be hard money that is a proven store of value like gold.”

The major $0.000013 support level of Shiba Inu ($SHIB) continues to remain stable despite the current bearish market condition. The technical indicators predict a growth to $0.000020 based on steady growth in buying activity. A tweet from crypto analyst Ali_charts noted that $SHIB is holding strong above the key support zone. The tweet indicates that the asset is testing its lower boundary repeatedly. Technical analysis shows that $SHIB has formed lower highs and lower lows during recent sessions. Price action remains in a corrective phase following previous bullish rallies. #ShibaInu $SHIB is holding strong above the critical $0.000013 support. If buying pressure picks up at this level, a rally toward $0.000020 could be in play! pic.twitter.com/YjfA61A1tk Current support is identified between $0.00001300 and $0.00001350. The asset has tested this range multiple times without a weekly candle closing below it. Resistance is observed at $0.00002100 and $0.00003200. A move above $0.00002100 would set the stage for a potential rally toward higher targets. Bollinger Bands indicate that the lower band is near $0.00001025. The middle band, positioned around $0.00002104, acts as resistance during recovery attempts. Stochastic RSI readings remain below 20, with the blue line at 0.13 and the orange line at 0.93. These figures may signal oversold conditions and a possible short-term bounce if a bullish crossover occurs. Market data shows that $SHIB trades at $0.00001356 as of writing. The asset recorded a 0.14% decline over the last 24 hours and a 1.38% gain during the past week. Trading volume reached approximately $269,686,142 in the last day. Price action continues to remain near key support as the market absorbs recent declines. Traders look for a confirmed close above $0.00002100 to signal a change in trend. Historical data shows that previous resistance levels have often turned into support zones during recoveries. Shiba Inu’s performance is tracked diligently amid a bearish correction. The asset maintains its position above critical support while technical indicators suggest a rebound may occur. The current setup presents a scenario where price stability may prompt a recovery if buyers step in promptly. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

In the last 24 hours, Shiba Inu (SHIB) has experienced a modest rebound, rising by 2.09% to its current level of $0.00001344. This gain suggests that, in the short term, buyers are stepping in to take advantage of lower prices, likely driven by a temporary bullish sentiment. However, over the past 30 days, SHIB’s price has dropped by 14.42%, indicating that the token is still under long-term bearish pressure. SHIB Price Analysis Volume analysis is crucial in this context. A surge in trading volume often confirms that the recent price increase is backed by genuine buying interest. In SHIB’s case, while the 24-hour volume has supported the current rally, the longer-term downward trend indicates that sellers have dominated the market in recent weeks. This mixed volume activity creates a scenario where the token might see brief rallies but still struggle to sustain an upward trajectory without a significant catalyst. Identifying support and resistance levels is essential for predicting SHIB’s near-term movements. The immediate support is around $0.00001280. This level has historically acted as a floor during corrections, where buyers have stepped in to defend the price. A deeper support area is noted near $0.00001220. A sustained breach below this level could trigger further declines, as weak hands exit positions. The first layer of resistance is observed between $0.00001380 and $0.00001400. A breakout above this range would signal a short-term reversal, potentially leading to a bullish rally. Beyond that, the next resistance level could be found around $0.00001450. Successfully breaching this barrier would suggest strong momentum and could set the stage for higher price targets. Recent candlestick charts for SHIB have displayed a mix of consolidation and brief bullish reversals. A few bullish engulfing patterns have been spotted near support levels, suggesting that short-term buyers are beginning to accumulate. However, the overall chart still reflects a period of sideways movement, with SHIB struggling to break out of its established range. SHIB Price Prediction If buying interest continues and SHIB manages to defend its immediate support near $0.00001280, there is a good chance that it could break above the resistance zone between $0.00001380 and $0.00001400. In such a case, SHIB might rally to a price range between $0.00001400 and $0.00001450 by the close of trading on March 6. This breakout would be a positive signal indicating that short-term momentum is gathering, and the token could see renewed interest from traders. Conversely, if selling pressure intensifies and SHIB fails to hold its support, the token could drop further toward the deeper support area near $0.00001220. A breakdown in this range would suggest that the bearish trend remains dominant, and further declines might be on the horizon, as per SHIB price prediction. Considering that SHIB is currently trading at $0.00001344 and has shown a short-term gain of 2.09%, the balanced forecast for March 6, 2025, is that if bullish momentum prevails, the token could edge up to $0.00001400–$0.00001450. However, if bearish sentiment reasserts itself, expect a correction down to $0.00001220–$0.00001280. Frequently Asked Questions (FAQs) What are the short-term price predictions for Shiba Inu? In the short term, technical analysis suggests that SHIB might see a modest rally from its current level of $0.00001344 to around $0.00001400–$0.00001450 if bullish momentum holds. Where can I buy Shiba Inu (SHIB)? SHIB is available on many reputable cryptocurrency exchanges, including Binance, Coinbase, Kraken, and KuCoin. These platforms offer secure trading environments, high liquidity, and user-friendly interfaces. What is the forecast price for Shiba Inu today? Based on current market conditions, the short-term forecast for SHIB is close to its current trading price of $0.00001344. However, if bullish momentum continues, it could move towards $0.00001400 by the end of the trading day. Investment Risk Consideration Investing in Shiba Inu, like all cryptocurrencies, carries significant risk due to its inherent volatility. While SHIB has the potential for rapid gains, it is also subject to dramatic price swings. Factors such as regulatory developments, shifts in market sentiment, and broader economic conditions can greatly influence SHIB’s price. It is essential to implement sound risk management strategies—such as diversification, stop-loss orders, and limiting exposure to any single asset—and to stay updated on market news and technical indicators. Investors should only invest funds that they can afford to lose and consider consulting a financial advisor to help navigate the volatile cryptocurrency market.

Deutsche Bank, a leading financial institution in Germany, recently commented on the rising global shift away from the US dollar. The bank predicted grave consequences for the US dollar, especially considering the existing pressure to keep its reserve currency status steady. The US dollar (USD) is experiencing intense pressure as multipolar currencies gain global momentum. Additionally, many countries are already in line to strip the US dollar of its current stature by supporting de-dollarization. US President Donald Trump has also added catalytic pressure on the currency with his tariff regime. In a recent study, we reported that Trump announced a 25% tariff on imports from the European Union (EU). On Tuesday, Deutsche Bank issued a negative projection about the USD’s future in a Bloomberg report . The bank noted that the USD may soon lose its traditional safe-haven status if it continues to face challenges against the changing global order. George Saravelos, the bank’s global head of FX strategy, wrote, “We do not write this lightly. But the speed and scale of global shifts is so rapid that this needs to be acknowledged as a possibility.” “It is hard to overestimate the scale of change taking place in global economic and geopolitical relations in a matter of days,” George added. Deutsche Bank’s announcement comes after the USD’s price plummeted substantially on Tuesday. The dollar fell about 0.7% even as the US continued to impose tariffs on its major trading partners. Many believed this move would strengthen the currency. As previously mentioned in our report, Trump warned BRICS nations that any attempt to undermine the US dollar would lead to a 150% tariff. A weakening US dollar could negatively and positively affect the cryptocurrency market. On the positive side, a weaker dollar could increase the demand for cryptocurrencies as investors seek alternatives. This could drive up the prices of cryptocurrencies and attract more investment into the market. Furthermore, a weaker dollar could make cryptocurrencies more appealing to international investors, who may perceive them as a hedge against inflation. However, there are some negative consequences. A weakened dollar could increase regulatory scrutiny of cryptocurrencies, as countries may see them as a threat to their currencies. The recent gradual shift in the global financial landscape is benefiting the crypto market. Bitcoin (BTC) has often shown an inverse correlation with the US dollar. Over the past 24 hours, Bitcoin has increased by 6.355% to about $89,312. However, the 24-hour trading volume is down 16.5% to $59.2 billion. Top altcoins, including Ethereum (ETH), Solana (SOL), XRP, and Binance Coin (BNB), have increased substantially. Memecoins like Dogecoin (DOGE) and Shiba Inu (SHIB) were not left out of today’s rally. These digital assets increased by 1.96% and 1.5%, respectively.