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Shiba Inu: SHIB Fear & Greed Index Hits 76, To Claim $0.0004: Here’s When

By WebDeskJanuary 21, 20253 Mins Read
Shiba Inu: SHIB Fear & Greed Index Hits 76, To Claim alt=
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The Donald Trump era has finally begun, ushering in a wave of new dynamics for the cryptocurrency industry to leverage and bank on. The Trump administration has already started to unveil plans, rolling our pro-crypto plans to help the industry rise holistically on a global radar. With the overall market sentiment flashing green, the Shiba Inu fear and greed index has hit 76, symbolizing excessive greed. Does this mean Shiba Inu is truly moving forward to claim an all-time new ATH in the near future? Let’s find out.

Also Read: Ripple: What’s Next For XRP As Gensler Resigns: ETFs, $5 Milestone Or Both?

Shiba Inu Fear and Greed Index Turns 76

shiba inu clouds
Source: Watcher Guru

Per CoinCodex, Shiba Inu’s Fear and Greed Index is currently flashing 76, indicating a sentiment of excessive greed. This simply signifies how this is a ripe time for investors to sell, adding to the lucrativeness of the token’s sell point.

SHIB FEAR AND GREED STATSSHIB FEAR AND GREED STATS
Source: CoinCodex

“Extreme greed often means prices are skyrocketing. Although it might seem like a great time to invest, the opposite is often true, as it may be a great time to sell and take profits—it can often mean the market is due for a correction and prices will fall.”

But the market analysts are telling a different story, adding how holding SHIB for the long haul could be particularly game-changing for investors. Per Javon Marks, Shiba Inu is eying a grand price point of $0.000081.

“After confirming another Bull Pattern, and a textbook one at that, $SHIB (Shiba Inu) remains on our radar for a major continuation towards the larger target level at $0.000081.This target’s currently over 258% away, so a continuation towards it can be huge!”

After confirming another Bull Pattern, and a textbook one at that, $SHIB (Shiba Inu) remains on our radar for a major continuation towards the larger target level at $0.000081.

This target’s currently over 258% away so a continuation towards can be huge! https://t.co/UmANSZqJam pic.twitter.com/4o20MqhhtP

— JAVON⚡️MARKS (@JavonTM1) January 15, 2025

At the same time, the bullish crypto sentiment that is prevalent in the market due to Trump assuming his role as the president is also adding more momentum to the crypto market prices. If the sentiment continues to gain new levels, SHIB will ultimately head towards reaching a stabler price mark.

Also Read: Trump Directs Agencies for Emergency Steps To Reduce Cost of Living

Token To Hit $0.00004: Here’s When

Shiba Inu might take a while to hit $0.000081, but the token is already planning to hit $0.00004 per CoinCodex.

As per CC, SHIB may surge to hit $0.00004 by July 2025.

SHIB PRICESHIB PRICE
Source: CoinCodex

“According to our current Shiba Inu price prediction, the price of Shiba Inu is predicted to rise by 101.57% and reach $ 0.00004050 by July 20, 2025. Per our technical indicators, the current sentiment is bearish while the Fear & Greed Index is showing 76 (extreme greed). Shiba Inu recorded 15/30 (50%) green days with 4.38% price volatility over the last 30 days. Based on the Shiba Inu forecast, it’s now a bad time to buy Shiba Inu.”

Also Read: Ripple’s XRP Predicted To Hit New Peak Of $4.40: Here’s When


Credit: Source link

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