Main navigation

SHIB Price Prediction for June 16

Advertisement
Sun, 16/06/2024 - 18:00
SHIB Price Prediction for June 16
Cover image via U.Today

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

Almost no coins from the top 10 list are ready for a sharp move, according to CoinStats.

Article image
SHIB chart by CoinStats

SHIB/USD

The rate of SHIB has risen by 0.12% since yesterday, while the price change over the last week has made up -10.6%.

Article image
Image by TradingView

On the hourly chart, the price of SHIB has bounced off the resistance level of $0.00002078. Until the rate is below that mark, bears are more powerful than bulls. 

Related

But if a breakout happens, the blast may continue to the $0.000021 zone.

Article image
Image by TradingView

On the bigger time frame, the rate is trading within yesterday's candle. However, if the daily candle closes above $0.000021, there is a chance to see a test of the $0.00002150-$0.000022 zone shortly.

Article image
Image by TradingView

On the weekly chart, the price is on its way to testing the support level of $0.00001830. If buyers cannot seize the initiative and a breakout happens, the accumulated energy might be enough for a dump to the $0.000017-$0.000018 range.

SHIB is trading at $0.00002071 at press time.

Related articles

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD