Sellers are dominating today, according to CoinStats.
SHIB/USD
The rate of SHIB has declined by almost 10% over the last 24 hours.
On the hourly chart, SHIB’s price is currently situated within a tight range, sandwiched between the lower boundary at $0.00002123 (support) and an upper boundary at $0.00002198 (resistance). If buying pressure persists, there’s a possibility that we might witness a push towards the upper limit by tomorrow.
Looking at the bigger picture, we haven’t seen any indicators suggesting a turnaround just yet. This implies that a potential drop could still occur. This might be triggered if the price ends the day close to or below $0.00002120.
From the midterm point of view, sellers are trying to get back in the game.
If the weekly candle ends near $0.00002050 or less, it’s probable that the correction will extend towards the $0.000019 region.
SHIB is trading at $0.00002163 at press time.
Read More
- EUR MYR PREDICTION
- EUR CAD PREDICTION
- VANRY PREDICTION. VANRY cryptocurrency
- XRP PREDICTION. XRP cryptocurrency
- LUNC PREDICTION. LUNC cryptocurrency
- GBP RUB PREDICTION
- OKB PREDICTION. OKB cryptocurrency
- POL PREDICTION. POL cryptocurrency
- CHR PREDICTION. CHR cryptocurrency
- CTXC PREDICTION. CTXC cryptocurrency
2025-01-08 14:26