Shiba Inu (SHIBUSD) Price Forecast: May 30
The SHIBUSD price is on a bullish trend despite the moves from the short traders. The coin at the moment is trying hard not to fall by resisting sellers, in case the bulls’ pressure breaks up the resistance level of $0.00001590, the coin price may increase further to a $0.00002000 high trend line which indeed will be a turnaround for the coin holders.
Key Levels:
Resistance Levels: $0.00001200, $0.00001300, $0.00001400
Support Levels: $0.000011, $0.000010, $0.000009
SHIB (USD) Long-term Trend: Bullish (Daily Chart)
The SHIBUSD pair indicates an upward trend with a bullish sentiment in its long-term perspective. As can be seen from the chart, bullish momentum is accumulating on the pair right now. 
The coin has been making higher highs and higher lows in previous actions; this has made it possible for the price to maintain an uptrend in its recent high.
On the daily chart today, there is a broader recovery in the prices. The cryptocurrency jumped up to a $0.00000890 supply mark above the EMA-9 as the bulls took to their stand to resume the bullish trend. A strong breakup above the $0.00001590 resistance point would strengthen the bullish pressure.
Meanwhile, the Shiba-Inu price is pointing upwards on the daily stochastic, this will compel the bulls to continue with the trend, this trend may possibly increase the coin price to the $0.00002000 high value soon in its long-term outlook.
SHIB (USD) Medium-term Trend: Bullish (4H)
The momentum on the medium-term time frame is also distinctly bullish. Nevertheless, it seems the bulls will take over the price of Shiba-Inu soon and push us higher as the market now remains strong above the supply rend lines.
The coin price found a reliable resistance after completing the downside moves at the $0.00000881 resistance value above the moving average lines as the 4-hourly session resumes today. Thus, it is very likely that the bulls will continue the rising pattern as we are seeing a bullish correction in place at present.
Further, we have a bullish bias that the price of SHIBUSD will rise further to the upside if the buying pressure should increase and further selling pressure is stopped. The bullish trend could push the price to a $0.00002000 high value in the days ahead in its medium-term outlook.
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