{"id":87898,"date":"2023-11-23T07:52:33","date_gmt":"2023-11-23T12:52:33","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/shiba-inu-price-prediction-as-japanese-exchange-adds-shib-can-shib-reach-1\/"},"modified":"2023-11-23T07:52:35","modified_gmt":"2023-11-23T12:52:35","slug":"shiba-inu-price-prediction-as-japanese-exchange-adds-shib-can-shib-reach-1","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=87898","title":{"rendered":"Shiba Inu Price Prediction as Japanese Exchange Adds SHIB \u2013 Can SHIB Reach $1?"},"content":{"rendered":"
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The Shiba Inu price has risen to $0.00000810 today, marking a 2% gain in 24 hours as the market recovers from Binance\u2019s settlement with the DoJ.<\/p>\n

However, SHIB remains down by 11% in a week and by 5.5% in a fortnight, although the meme token holds onto 7% increase in the last 30 days.<\/p>\n

Given how much traders have oversold SHIB in recent weeks, it remains in a good position for some compensatory rallies in the next few weeks.<\/p>\n

And with Japanese exchange BitTrade expanding its support for SHIB to include lending, the token could rally very soon.<\/p>\n

Shiba Inu Price Prediction as Japanese Exchange Adds SHIB \u2013 Can SHIB Reach $1?<\/h2>\n

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SHIB\u2019s indicators remain fairly subdued at the moment, undermining any claim that a rally is imminent for the altcoin.<\/p>\n

In particular, its RSI (purple) currently sits below 50, a sign that the coin is leaning more towards selling than buying pressure right now.<\/p>\n