"SHIBA Predictions for September and October 2023"
Historically, October has been a month full of optimism for crypto assets, including Shiba Inu. In 2021, SHIB reached its highest price this month and saw an overall increase of 830.14 percent.
In contrast, September and November 2022 are sluggish months. However, this asset printed a green candle in October and experienced an increase of 10 percent.
According to CoinCodex analysis, SHIB is expected to have a price of around US$0.00000703 on September 30, 2023, marking a decline of 4.09 percent from its current price of US$0.00000733.
However, on a monthly basis, SHIB is expected to reach US$0.000008170 before possibly experiencing a correction to around US$0.000007833 on October 31, 2023, which is an increase of 6.86 percent from the current price.
Watcher News reports that, it is important to note that there is currently one major resistance cluster with a price range from US$0.000008 to US$0.000014 for SHIB.
In this span, nearly 290 trillion SHIB tokens have been purchased by approximately 417,000 addresses. Therefore, investors need to be extra careful once SHIB surpasses the US$0.000008 level. [st]
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