Will Shiba Inu (SHIB) Hit $0.00002 Before the end of 2022?

Shiba Inu price prediction 2022-2023 Shiba Inu cartoon

Shiba Inu (SHIB) is currently trading at $0.00000922 with a 24-hour trading volume of $327,077,480, according to CoinMarketCap. SHIB, on the other hand, has dropped by nearly 0.2% in the last 24 hours.

Furthermore, there are 589,372,293,271,537 Shiba Inu (SHIB) in circulation. Shiba Inu (SHIB) is currently traded on some of the largest crypto exchanges including Binance, Coinbase Exchange, KuCoin, OKX, MEXC, and

What is Shiba Inu (SHIB)?

Shiba Inu (SHIB) debuted on the Ethereum blockchain and is also available on the Binance Smart Chain (BSC). Ryoshi, a pseudonymous founder, created and launched this popular meme coin in 2020.

Shiba Inu exists as a potential competitor to the most popular meme coin, Dogecoin (DOGE), and is thus dubbed the DOGE killer.

Shibarium Financial Ecosystem, a new Defi project, is being developed by the network. SHIBFE is followed by the launch of SHI, its native stablecoin that is pegged to dollar.

Shiba Inu (SHIB) Price Prediction 2022

Shiba Inu (SHIB) is currently ranked 14th on CoinMarketCap. With a daily time frame, SHIB price prediction 2022 is explained below.

SHIB /USDT Descending Channel Pattern (Source: Tradingview)

SHIB chart above shows the descending channel pattern, also known as the falling channel. Two parallel trendlines form a descending channel.

The upper trendline, which connects the highs, and the lower trendline, which connects the lows, run downwards in parallel. This pattern is indicative of a bearish market.

Shiba Inu is currently trading in the $0.00000878 range. If the pattern holds, the price of SHIB could reach resistance levels of $0.00001149, $0.00001391 and $0.00001793. If the trend changes, the price of SHIB could fall to $0.00000836.

Shiba Inu (SHIB) Support and Resistance Levels

The graph below depicts Shiba Inu support and resistance levels.

SHIB /USDT Support and Resistance Levels (Source: Tradingview)

We can clearly interpret the following as Shiba Inu resistance and support levels based on the above daily time frame.

Resistance Level 1$0.00001317
Resistance Level 2$0.00002019
Resistance Level 3$0.00003023
Support Level$0.00000723
SHIB /USDT Support and Resistance Levels

Shiba Inu (SHIB) has shown a bullish trend over the last month, according to the charts. If this trend continues, SHIB may follow the bulls and break through its resistance level at $0.00003023.

As a result, if investors turn against cryptocurrency, the price of Shiba Inu (SHIB) could fall to nearly $0.00000723, indicating a bearish signal.

Shiba Inu Price Prediction 2022 — ADX, RVI

Let’s take a look at Shiba Inu’s Average Directional Index (ADX). It aids in determining the overall strength of the trend. The indicator is the average of the values in the expanding price range.

This system attempts to measure the strength of price movement in both positive and negative directions by using DMI indicators and ADX.

SHIB /USDT (Source: Tradingview)

The Shiba Inu ADX is depicted in the chart above (SHIB). The ADX of SHIB is currently in the range of 30.8169, indicating a strong trend.

The above graph also depicts Shiba Inu’s Relative Volatility Index (RVI) (SHIB). RVI calculates the constant deviation of price changes over time.

SHIB’s RVI is less than 50, indicating low volatility. Shiba Inu (SHIB)’s RSI is currently at 36.94, confirming a potential buy signal.

Comparison of SHIB to BTC and ETH

The chart below compares the prices of Bitcoin (BTC), Ethereum (ETH), and Shiba Inu.

SHIB vs BTC Vs ETH (Source: Tradingview)

According to the above chart, the price movements of BTC, ETH, and SHIB are all following a similar pattern. This means that when the price of BTC and ETH rises or falls, the price of SHIB rises or falls accordingly.

Shiba Inu (SHIB) Price Prediction 2023

Shiba Inu (SHIB) could reach $0.00003 by 2023 if the declining price action completely slows down and the trend reverses.

Shiba Inu (SHIB) Price Prediction 2024

Shiba Inu (SHIB) may enter a bullish trend as a result of network upgrades. If the coin catches the attention of major investors, SHIB could rise to $0.00005 by 2024.

Shiba Inu (SHIB) Price Prediction 2025

If Shiba Inu (SHIB) maintains major resistance levels and remains a better investment option among investors for the next three years, SHIB will rally to $0.00007.

Shiba Inu (SHIB) Price Prediction 2026

If Shiba Inu (SHIB) maintains major resistance levels and remains a better investment option among investors for the next three years, SHIB will rally to $0.00007.

Bottom Line

We can say that 2023 will be a good year for SHIB due to continuous improvements in the Shiba Inu network. As a result, the bullish price forecast for Shiba Inu (SHIB) in 2023 is $0.00003023.

Furthermore, with the advancements and upgrades to the Shiba Inu ecosystem, SHIB’s performance would help it to quickly surpass its current all-time high (ATH) of $0.00008616.

However, if investors believe that SHIB is a good investment in 2022, it could reach $0.00002.


1. What is Shiba Inu (SHIB)?

Shiba Inu (SHIB) is a popular memecoin that was released as an ERC-20 token in 2020. It is compatible with the Ethereum blockchain as well as the Binance Smart Chain.

2. Where can you purchase Shiba Inu (SHIB)?

Shiba Inu (SHIB) is listed on several crypto exchanges like Binance, Coinbase Exchange, KuCoin, OKX, MEXC, and

3. What is the current all-time high (ATH) of Shiba Inu (SHIB)?

Shiba Inu (SHIB) reached a new all-time high (ATH) of $0.00008616 on October 28, 2021.

4. Is Shiba Inu (SHIB) a good investment in 2022?

Shiba Inu (SHIB) appears to be one of the year’s top-performing cryptocurrencies. Shiba Inu’s recent achievements indicate that SHIB will be a good investment in 2022.

5. Can Shiba Inu (SHIB) reach $0.00002?

Shiba Inu (SHIB) is one of the active cryptocurrencies that is still bullish. If the current bullish trend continues, Shiba Inu (SHIB) will soon reach $0.00002.

6. What will be Shiba Inu (SHIB) price by 2023?

The price of Shiba Inu (SHIB) is expected to reach $0.00003 by 2023.

7. What will be Shiba Inu (SHIB) price by 2024?

The price of Shiba Inu (SHIB) is expected to reach $0.00005 by 2024.

Disclaimer: Any information written in this press release does not constitute investment advice. Optimisus does not, and will not endorse any information about any company or individual on this page. Readers are encouraged to do their own research and base any actions on their own findings, not on any content written in this press release. Optimisus is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release.


Roland is a Public Relations & Communications guru with an immense passion for the blockchain and crypto industry. A fusion of his expertise and passion led to the dawn of Optimisus in 2020.