A machine-learning algorithm has given out a Shiba Inu price prediction for December 31, 2022. The forecast indicates that SHIB will trade with four ‘zeros’ in the indices by the end of the year, up from its current price of five ‘zeros’. Therefore, the dog-themed token could surge in price in the next three weeks, as per the algorithmic price prediction.
Shiba Inu is currently trading lower and is down nearly 23% in the last 30 trading days. The bear markets are dragging it down to new lows, and it has been unable to claw back to its previous glory.
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Shiba Inu: What Could Its Price Be on December 31?
‘Price Predictions‘, is a machine learning and algorithm-based price indicator that uses artificial intelligence (AI). It calculates a token’s moving average (MA), relative strength index (RSI), moving average convergence divergence (MACD), Bollinger Bands(BB), and others indicators. The AI has predicted Shiba Inu’s price for December 31, 2022.
The machine learning algorithm predicted that Shiba Inu’s price could be $0.000010 on December 31, 2022.
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The AI’s prediction claims that SHIB’s price could increase by a mere 10% in the next three weeks.
However, the canine-themed token would delete a ‘zero’ in the indices and trade with four ‘zeros’, as per the algorithm.
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2022 has been a dull year for SHIB, as the token slipped south instead of heading north. The much-awaited release of, the Shibarium Layer-2 network didn’t see the day of light this year because its launch was postponed.
The tentative release date for Shibarium remains to be unknown. The majority of holders are currently underwater, and the “1 cent dream” remains to be at a distance.
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At press time, Shiba Inu was trading at $0.00000910 and is down 2.5% in the 24 hours day trade. SHIB is also down 89.4% from its all time high of $0.00008616, which it reached in October of last year.