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The market is trying to return to green; however, there are still some exceptions from the rule, according to CoinMarketCap.
SHIB/USD
The price of SHIB has dropped by 0.18% over the last day.
On the hourly chart, the rate of SHIB has set a local support of $0.00001155. If the daily bar closes far from that mark, there is a chance to see a test of the $0.00001177 resistance by tomorrow.
On the longer time frame, the situation has not changed too much from yesterday.
The price of the altcoin is trading within the previous daily candle, which means none of the sides has accumulated enough strength for a sharp move.
From the midterm point of view, the rate has made a false breakout of the formed support of $0.00001138. If sellers' pressure continues, there is a chance to see a more profound drop to the $0.000011 range.
SHIB is trading at $0.00001163 at press time.
Vladislav Sopov
U.Today Editorial Team