Bullish Case: SHIB's rise following Shibarium upgrade and interest from exchanges like Binance suggests a strong upward potential amid significant whale activity and a resilient community.


Bearish Case: SHIB is vulnerable to market volatility, with a recent price retraction and low transaction volume indicating potential downside risks amidst competitive meme coin pressures.


Potential Outcomes:

1) Surge on Shibarium success and whale buys - 40% chance;

2) Fall on regulatory concerns - 25%;

3) Sideways on market uncertainty - 35%.


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April 02, 2024


SHIBA INU Forecast

SHIB        SHIBA INU
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)

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Correlated Digital Asset Forecasts

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DOGE Forecast + Options Trading Strategies   DOGE  Dogecoin (0.93)


THETA Forecast + Options Trading Strategies   THETA  Theta Token (0.91)


HBAR Forecast + Options Trading Strategies   HBAR  Hedera Hashgraph (0.91)


FIL Forecast + Options Trading Strategies   FIL  Filecoin (0.9)


DGB Forecast + Options Trading Strategies   DGB  DigiByte USD (0.89)



Uncorrelated Digital Asset Forecasts

Assets with little price relationship to SHIB



ZEC Forecast + Options Trading Strategies   ZEC  Zcash (0.19)


LTC Forecast + Options Trading Strategies   LTC  Litecoin (0.39)


XRP Forecast + Options Trading Strategies   XRP  Ripple (0.39)


XLM Forecast + Options Trading Strategies   XLM  Stellar (0.41)


KNC Forecast + Options Trading Strategies   KNC  Kyber Network (0.49)



Anticorrelated Digital Asset Forecasts

Assets that tend to move strongly against SHIB



KNC Forecast + Options Trading Strategies   KNC  Kyber Network (0.49)


XLM Forecast + Options Trading Strategies   XLM  Stellar (0.41)


XRP Forecast + Options Trading Strategies   XRP  Ripple (0.39)


LTC Forecast + Options Trading Strategies   LTC  Litecoin (0.39)


ZEC Forecast + Options Trading Strategies   ZEC  Zcash (0.19)





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