Shping Price Prediction: Can Shping Coin Reach $1?

2023/03/07By:

Our Shping price prediction suggests that the coin will reach $1 between 2028 and 2030, but it won’t happen in short term.

 

Shping coin price is trading sideways after having an explosive start of the year. It has been showing very weird price action for the last few months. Nevertheless, Shping crypto seems to have formed a bottom at the end of last year. It is performing well, gaining 5.2% on Monday. During Tuesday’s trading session, the price is up 0.65% so far.

 

Based in Melbourne, Australia, Shping is an ecosystem where brands can reward their consumers for their attention. Shping coin is the backbone of this ecosystem which is used to incentivize all the stakeholders of the platform.

 

Where to Buy Shping Coin?

Although Shping has been in existence for the past 5 years, it only came to prominence after its Coinbase listing in 2022. Therefore, if you’re wondering where to buy Shping crypto then the best place to buy is the Coinbase exchange.

 

Shping coin is an ERC-20 token that is built on the Ethereum blockchain. This has allowed its listing on many decentralized exchanges as well. The coin is currently available on Uniswap and Sushiswap, which are the top DEXs on the Ethereum network. The marketing-centering cryptocurrency has a total supply of 10 billion coins but its exact circulating supply is still unknown.

 

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Shping Price Prediction

Performing basic technical analysis on Shping/USD price chart reveals major areas of support and resistance. These key regions are marked on the following chart, along with the 200-day moving average displayed in red.

 

It is quite evident from the chart that the price is trading sideways after being rejected from the level of $0.0065. This level was previously a major support, so it has now become a resistance. There is a 200-day moving average in this area, which makes it an even bigger obstacle for the bulls. As long as the price stays below this level, our Shping coin price prediction will remain bearish.

 

Shping coin chart

 

As per our Shping price prediction, the Shping coin is going to cross the $1 mark between 2028 and 2030. But if you’re looking for the $1 target in short term, there is no signal that Shping coin can reach $1 in the next 2 or 3 years.

 


 

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