SHIB Price Forecast for May 1, 2024 by AI Prediction

Friday, 19 April 2024, 10:09

The recent AI prediction for SHIB's price on May 1, 2024 suggests a 4.35% decrease, based on analysis encompassing various technical indicators such as RSI, MACD, and BB. Despite a recent slight uptick, the long-term outlook remains bearish. SHIB is currently trading near the support level of $0.000023, needing to surpass $0.00003 to rally further.
https://store.livarava.com/2388c241-fe35-11ee-a6bf-63e1980711b2.jpg
SHIB Price Forecast for May 1, 2024 by AI Prediction

Key SHIB Levels to Watch

  • SHIB is hovering around $0.000023 support level.
  • It needs to breach $0.00003 resistance to advance.

AI Prediction for SHIB

In the long term, AI forecasts a 4.35% price decrease by May 1, 2024, supported by technical analysis indicators like RSI and MACD.

SHIB Technical Indicators

Various technical indicators exhibit mixed signals in the short and long term, with moving averages pointing towards buying.

Shibarium Transaction Numbers

Shibarium network transactions surged by 160% in the past 24 hours, indicating a potential future price increase for SHIB and BONE tokens.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe