CandleFocus SHIB Price Prediction for October 19
2024-10-19
Author: Content Editor
According to CoinStats, buyers are currently in control of the market for SHIB, as the price has increased by 1.92% in the last 24 hours. On the hourly chart, the rate of SHIB is in the middle of a local channel and any sharp movements are unlikely to occur soon. On a larger time frame, SHIB is far from key levels, but attention should be paid to the nearest zone at $0.000020. If a breakout occurs, the price may continue to rise to the range of $0.000021-$0.000022. In the midterm, the meme coin is heading towards the resistance of $0.00002017. If the weekly candle closes above this level, there may be enough momentum for the price to test the $0.000022 zone soon. Currently, SHIB is trading at $0.00001926.
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