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Machine Learning Reveals How High Shiba Inu Price Will Rally In April, Here’s The Target

Category: CRYPTO NEWS

The post Machine Learning Reveals How High Shiba Inu Price Will Rally In April, Here’s The Target appeared on BitcoinEthereumNews.com. Leading on-chain metrics and price prediction firm CoinCodex has published a bullish forecast for Shiba Inu (SHIB) in April 2025. According to their machine learning algorithm, the popular meme coin could experience a notable price surge in the coming days. The prediction has surfaced despite its recent downward trend. The prediction comes at a time when SHIB is struggling with consistent price declines. Shiba Inu price has fallen 4.6% in the past 24 hours and 14.7% over the past week. Current on-chain data from IntoTheBlock shows predominantly bearish signals, with four bearish indicators, zero neutral, and zero bullish indicators. CoinCodex Shows Bullish Shiba Inu Price Targets CoinCodex’s machine learning algorithm has generated specific price targets for Shiba Inu in early April 2025. According to their forecast table, SHIB could reach $0.00002069 by April 4, a potential return on investment of 69.71% from its current price. The prediction gradually decreases over the following days, with targets of $0.00002045 (67.73% ROI) for April 5, $0.00001898 (55.62% ROI) for April 6, and $0.00001771 (45.24% ROI) for April 7. By April 8, the algorithm suggests a slight uptick to $0.00001772. This prediction would still mean a 45.32% increase from current prices. Source: CoinCodex These price predictions contrast sharply with SHIB’s current market performance. SHIB has been steadily negative across all timeframes. If these targets materialize, they would mean the first sustained positive movement for SHIB in months. Similar to CoinCodex, CoinGape’s SHIB price prediction highlights a 51% bullish outlook for the next three months. SHIB On-Chain Metrics Present Bearish Signals Current on-chain data from IntoTheBlock shows a bearish picture for Shiba Inu. The platform’s signal summary indicates “Mostly Bearish” conditions with four bearish indicators, zero neutral, and zero bullish signals. Looking at specific metrics, Net Network Growth is bearish at 0.19%, while the “In…

2025-04-05T03:44:05+00:00

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