Shiba Inu(shib)market reviews and price predictions
Shiba Inu market statement for 2022-10-05
Yesterday the price of shib stood at $0.00001. The market capitalization of the asset was $6 884 501 432. Shiba Inu’s volatility was established at 0%. The trading volume of the coin reached $269 314 713.
Shiba Inu prognosis for the next days:
We estimate the price of Shiba Inu to be $0.00001 tomorrow 2022-10-07 and $0.00001 on 2022-10-13;
We estimate the market capitalization of Shiba Inu to reach $6 570 185 575 tomorrow 2022-10-07 and $6 626 032 149 on 2022-10-09;
We estimate the volatility of Shiba Inu to become 0% tomorrow 2022-10-07 and 0% on 2022-10-09;
We estimate the trading volume of Shiba Inu to amount to $206 799 194 tomorrow 2022-10-07 and $205 593 834 on 2022-10-09.
Our recommendation for the pair SHIB/USD for tomorrow, 2022-10-07, to hold.
Shiba Inu market stayed flat from September 29 - October 5.
Shiba Inu portrayed neutral behavior last week, with no changes in the price. SHIB was caught in a period of low volatility, which was reflected in its price action. The price action on the coin's market translated to the growth of market capitalization. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
Shiba Inu market stayed flat from September 27 - October 3.
Shiba Inu portrayed neutral behavior last week, with no changes in the price. The price swings of SHIB pointed to the presence of low volatility. The market capitalization of the asset has been decreasing in concert with the price of the coin. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
Shiba Inu market stayed flat from September 25 - October 1.
Shiba Inu portrayed neutral behavior last week, with no changes in the price. The volatility associated with the SHIB market was medium, as were its price fluctuations. The market capitalization of the asset has been increasing in concert with the price of the coin. The price action of the crypto coin from last week stemmed from the increasing trading volume.
Shiba Inu lost 8% in the period September 24 - September 30 as a result of selling pressure.
Shiba Inu has been last week as its price has been predominantly falling. The volatility associated with the SHIB market was medium, as were its price fluctuations. No rise or fall was observed in the market capitalization of the coin during the period under review. No growth or loss has been observed in trading volume on the crypto coin's market.
The bleeding market: Shiba Inu loses 8% between September 17 and September 23 as the selling pressure grows.
Between September 17 - September 23, Shiba Inu has been mostly as its price has been in the falling mode. The volatility of SHIB has been medium throughout the reviewed period in correspondence with the price action. The asset saw its market capitalization falling over the reviewed period together with its price. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Shiba Inu market stayed flat from September 16 - September 22.
Shiba Inu portrayed neutral behavior last week, with no changes in the price. The volatility associated with the SHIB market was medium, as were its price fluctuations. There has been a fall in the market capitalization of the asset during the period under review. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
Bearish price action on September 14 to September 20 resulted in Shiba Inu by 8%.
The analysis of last week’s price action shows that the Shiba Inu market is in the bearish phase since the price has been moving downward. The situation on the SHIB market shows that the underlying asset is currently experiencing a period of medium volatility. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The price action of the crypto coin last week took place on the back of decreased trading volume.
The bleeding market: Shiba Inu loses 8% between September 11 and September 17 as the selling pressure grows.
The downward movement of the Shiba Inu price last week indicates the chosen market is. SHIB has been going through a period of medium volatility, which fell in line with the occurred price changes. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
The September 10 - 16 market report: Shiba Inu plunges by 15% as sellers apply more pressure.
The price of Shiba Inu was falling last from September 10 until September 16, giving enough reason to conclude that the market is bearish. The situation on the SHIB market shows that the underlying asset is currently experiencing a period of medium volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Shiba Inu market stayed flat from September 8 - September 14.
Shiba Inu portrayed neutral behavior last week, with no changes in the price. SHIB has been going through a period of medium volatility, which fell in line with the occurred price changes. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The price action of the crypto coin from last week stemmed from the decreasing trading volume.