Shiba Inu (SHIB) Price Analysis Sept: 90% Price Surge, How SHIB Could Skyrocket to $0.000014

  • SHIB showcases exceptional market resilience, consistently trading above the Fibonacci 0.618 level.
  • The coin’s recent 90% price surge hints at potential bullish performance ahead.
  • Ongoing SHIB partnerships and network enhancements fortify positive market sentiments.

Shiba Inu’s fortitude in the erratic cryptocurrency domain has not gone unnoticed. As of now, SHIB is confidently pacing at $0.000007719, suggesting promising potential.

Read CRYPTONEWSLAND on Google News google news

Crucially, its consistent position above the coveted Fibonacci golden ratio level of 0.618 underscores this optimism. Analysts are buzzing with projections that, if this trajectory persists, SHIB could soon challenge and transcend the Fibonacci span between 0.5 to 0.3, placing it at an enticing $0.000008.

Source: TradingView

Moreover, retrospection into SHIB’s performance presents an intriguing story. The digital asset, in recent times, clocked a staggering 90% price ascent. If this scenario replicates, we might be looking at a price of $0.000014, nearly double its current value. Further bolstering this bullish sentiment are SHIB’s strategic alliances and the enhancement of its network.

Nevertheless, traders, while optimistic, should stay astutely informed. A glance at the Relative Strength Index (RSI) places SHIB comfortably between the 70-30 bracket, an assuring sign for many.

Source: TradingView

This range typically reduces the fear of abrupt price deviations. However, the golden rule remains – one must stay vigilant, especially if the RSI edges closer to its extremities.

The road ahead for Shiba Inu and its digital coin, SHIB, appears not only promising but potentially game-changing. As it continues to consolidate its position, backed by strategic alliances and a robust network, SHIB is well on its way to carving out a significant niche within the crypto space.

Disclaimer: The views and opinions in this article belong to the writer alone and they do not necessarily reflect the position of CryptoNewsLand (CNL). No information in this article, whether expressed or implied, should be taken as financial advice. Remember that investing in cryptocurrency poses significant risks to your asset. Hence, CNL strongly recommends all readers perform their own in-depth research before investing in cryptocurrency.

Read also:

Crypto News Land ( , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.

related posts