Shiba Inu Gains 1.47% in 24 Hours, $SOL All Set to Break Resistance Level and Gain Bullish Momentum

Shiba Inu ($SHIB) has been making waves with a considerable price upsurge over the past 24 hours. At the moment, $SHIB’s price level accounts for a 1.47% increase during the recent twenty-four hours. Irrespective of the slight dips, $SHIB has an overall bullish momentum. Hence, its price is gradually moving upward despite minor plunges. Based on this, the well-known meme coin has a substantial potential to perform a price upsurge in the near term.

Shina Inu ($SHIB) Price Value

At the time of writing, on March 17th, Shiba Inu ($SHIB) is changing hands at $0.00001318. This suggests a cumulative 1.47% price spike over the past 24 hours.

$SHIB Statistical Data:

The statistical data of $SHIB is as follows:

• Market Cap: $SHIB’s present market capitalization is $7,747,258,136.12
• Volume: the 24-hour volume of $SHIB accounts for $363,623,432.36
• Supply: The total and circulating supply of $SHIB stand at 589,506,886,738,563.2 SHIB and 589,252,971,572,858.2 SHIB respectively.

Shiba Inu Price Analysis:

At the start of the latest 24-hour session of Shiba Inu, its price was nearly $0.0000126. However, subsequently, the popular meme coin recorded a significant upward push, leading its price to the height of $0.00001377. That was the point from where $SHIB witnessed a pullback. However, despite some fluctuations, $SHIB has maintained its price above the level at which it began the session. Hence, currently, it is trading at $0.00001318. In line with the potential to sustain the gradual uptake, $SHIB could see further heights.

Overall, the current price of $SHIB denotes a price upsurge of 1.47%. This positive price momentum could result in additional price uptrends.

$SHIB Support and Resistance Levels:

At present, $SHIB is facing the immediate price resistance at $0.00001376. Subsequently, $0.00001517 and $0.00002488 are the 2nd and 3rd crucial resistance levels.

On the other hand, $SHIB’s immediate price support stands at $0.0000126. After that, $0.0000118 and $0.0000109 are the 2nd and 3rd noteworthy support levels.

Next Price Prediction of Shiba Inu ($SHIB)

Keeping in view the 1.47% price jump over the past 24 hours, $SHIB has the potential to record additional price upsurges. Nonetheless, this will only be possible if the prominent meme coin, Shiba Inu successfully breaks above the above-mentioned crucial resistance levels at $0.00001376 and $0.00001517. The potential continuation of the bullish trajectory of $SHIB could elevate its price to the $0.00002599 with a 97.80% increase in the near term.