Monday, December 9, 2024
HomeCryptocurrencyArtificial intelligence's price prediction for Shiba Inu (SHIB) raised hopes.

Artificial intelligence’s price prediction for Shiba Inu (SHIB) raised hopes.

Popular AI tools have made price predictions for Shiba Inu (SHIB).

American elections By market influence Shiba Inu (SHIB)is in an upward trend. Currently, SHIB is trading at $0.00001908 and has recorded an increase of 6% in the last 24 hours. This increase happened with the victory of Donald Trump in the US elections. According to analysts, if Shiba Inu maintains this momentum, it may reach the level of $0.00005685. So what does artificial intelligence think about SHIB’s value?

The renowned analyst reviewed the technical structure.

Cryptocurrency analyst Alex Clay has set two key price targets for SHIB based on Fibonacci retracement levels. Currently, SHIB has completed the formulation of “Descending Expanding Wage”. This formation indicates an upside reversal that may follow a downtrend that has been in place for some time.

This formation, defined by the widening of trend lines showing a downward trend, indicates that the price may have momentum if it holds above the $0.00001833 level. According to Clay’s analysis, the first target is located at $0.00003710, which is the 0.382 Fibonacci level. The second target is $0.00005685, which is the 0.618 Fibonacci level. It is estimated that selling pressure may increase at this time.

Shiba Inu (SHIB) Analysis by Artificial Intelligence

Bullish AI models for SHIB have presented different scenarios based on different market conditions. AI models such as ChatGPT and Google Gemini predict that SHIB will continue its upward trend. ChatGPT discusses SHIB’s growth scenario under three main headings namely modest, optimistic and very positive market conditions.

In the worst-case scenario, SHIB’s price could increase by 5 to 10 times from $0.00009555 to $0.0001911. In a more positive scenario, the price could reach between $0.00028665 and $0.0003822, with growth potential of 15-20 times. In a best-case scenario, ChatGPT predicts that SHIB could reach $0.0005733, a 30-fold increase.

On the other hand, Google Gemini offers a different perspective and analyzes the market value of the Shiba Inu. According to Gemini, which estimates SHIB’s market value could reach $100 billion by 2025, SHIB could theoretically trade at $0.0001.

This article does not contain investment advice or recommendations. Every investment and trading venture involves risk, and readers should do their own research when making decisions.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments