SHIB’s Wild Ride: Will It Crash or Moon? πŸš€πŸ“‰

Ah, the buyersβ€”those eternal optimistsβ€”are creeping back into the fray as the day winds down, according to the ever-reliable CoinStats. How noble of them. πŸ™„

SHIB/USD

In a shocking turn of events (not really), the rate of SHIB has plummeted by a staggering 3.1% over the last day. Truly, the stuff of legends. πŸ“‰

On the hourly chart, the price of SHIB seems to have stumbled upon a local support level of $0.00001405. If the daily bar decides to close far from that mark, brace yourselves for a thrilling test of resistance tomorrow. 🍿

On the daily time frame, neither bulls nor bears have managed to assert dominance. The rate of SHIB is floating aimlessly, far from any key levels. How poetic. πŸ‚πŸ»

In this riveting scenario, sideways trading in the wide range of $0.000014-$0.000015 seems to be the most likely outcome. Riveting, isn’t it? πŸ₯±

From a midterm perspective, the picture is just as thrilling. If the weekly bar closes around current prices, one can expect consolidation in the zone of $0.00001350-$0.00001550. Hold onto your hats, folks. 🎩

At press time, SHIB is trading at $0.00001431. A number so small, it’s almost adorable. πŸ•

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2025-03-27 18:58