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Buyers are getting back in the game at the end of the day, according to CoinStats.
SHIB/USD
The rate of SHIB has fallen by 3.1% over the last day.
On the hourly chart, the price of SHIB might have found a local support level of $0.00001405. If the daily bar closes far from that mark, one can expect a test of the resistance tomorrow.
On the daily time frame, neither bulls nor bears are dominating as the rate of SHIB is far from key levels.
Denys SerhiichukIn this case, sideways trading in the wide range of $0.000014-$0.000015 is the more likely scenario.
From the midterm point of view, the picture is similar. If the weekly bar closes around current prices, one can expect consolidation in the zone of $0.00001350-$0.00001550.
SHIB is trading at $0.00001431 at press time.
Vladislav Sopov
Dan Burgin