CandleFocus

SHIB Price Prediction for February 11

SHIB Price Prediction for February 11
According to CoinMarketCap, the crypto market is growing. Over the last 24 hours, the price of SHIB has increased by 0.09%. On the hourly chart, SHIB is near a local support level of $0.00001567, and if this support holds, a breakout could occur followed by a drop to the $0.00001550 area. On a bigger time frame, SHIB is far from main levels and volume is falling, suggesting low chances of significant price movements in the next few days. From a midterm perspective, if the weekly bar closes around current prices, consolidation between $0.000015 and $0.000017 is likely by the end of the week. Currently, SHIB is trading at $0.00001595.

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