The prices of the majority of the coins keep growing, according to CoinStats.
SHIB/USD
The rate of SHIB has gone up by 6.82% since yesterday.
On an hourly chart, pay attention to the closing of daily bars near the potential resistance level at approximately 0.00002463. If this occurs, the built-up momentum could potentially propel the price towards the 0.000025 region.
On the bigger time frame, the rate of SHIB has once again tested the resistance of $0.00002464.
If the bar’s closing point is near or slightly beyond that threshold, it could lead to a breakout at the current level, potentially triggering a quick test of the $0.000025 to $0.000026 price range shortly.
As a researcher examining the current market trends, I find myself hesitant at this juncture to speculate far into the future. Yet, should the weekly candlestick close near its current price range, there may be reason to anticipate a potential continuation of the uptrend.
SHIB is trading at $0.00002420 at press time.
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2025-01-17 17:45