As the majority of assets in the cryptocurrency sector are still in a bullish mode, the famous dog-themed meme token Shiba Inu (SHIB) is no different, and machine learning and artificial intelligence (AI) algorithms predict more advances for the ‘Dogecoin (DOGE) killer’ in the near future.
Specifically, the advanced price projecting algorithm over at the crypto analytics and forecasting platform PricePredictions sees the price of Shiba Inu as further increasing, setting it to reach $0.000043 by March 31, 2024, as per the most recent data retrieved on March 5.
SHIB 1-month price forecast. Source: PricePredictions
Indeed, if the algorithm, which uses indicators like the Bollinger Bands (BB), average true range (ATR), relative strength index (RSI), moving average convergence divergence (MACD), and more, is correct, it would mean an 11.54% increase in the price of SHIB from its current amount.
Shiba Inu price analysis
As it happens, Shiba Inu has achieved impressive result
We współpracy z: https://finbold.com/machine-learning-algorithm-predicts-shib-price-on-march-31-2024/
