CandleFocus SHIB Price Prediction for February 25
2025-02-25
Author: Content Editor
According to CoinStats, the bulls are weaker than the bears in the cryptocurrency market. The price of the meme coin SHIB has dropped by 6.47% since yesterday. On the hourly chart, the rate of SHIB is decreasing after a false breakout of a local resistance level. If the daily bar closes far from that level, a correction is likely to continue towards a support level. On the bigger time frame, the price of SHIB is far from key levels, with sideways trading expected between $0.000012 and $0.000014. Sellers are dominating on the weekly chart, and the rate is approaching a support level. If it breaks out, traders may see a test of a vital area by the end of the month. Currently, SHIB is trading at $0.00001354.
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