CandleFocus SHIB Price Prediction for March 2
2025-03-02
Author: Content Editor
Buyers are currently in control of the SHIB market, with the price of SHIB experiencing a small increase of 0.07% compared to yesterday. However, over the last week, the price has dropped by 12.68%. On the hourly chart, SHIB is nearing its local support of $0.00001355, and if a breakout occurs, it is expected to continue declining to the $0.000013 range next week. On the daily time frame, SHIB is heading towards the support level of $0.00001303, and a breakout could lead to a test of the $0.00001250 zone. Overall, bears are more dominant than bulls from a midterm perspective, and if the weekly candle closes around current prices, a fall to the $0.000010 area is more likely. As of now, SHIB is trading at $0.00001357.
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