Cryptocurrency SHIB has experienced a candle update of 0.41%. Recent data shows promising signs of recovery in coins, as most have made their way back to the green zone. On the hourly time frame, price has gone up significantly after a false break of support level at $0.00000984. This could potentially signal a surge to over $0.00001010 in the near future. On the other hand, the daily chart is not as optimistic as the current rate of SHIB is still hovering near support level at $0.00000965, and a further slump under $0.00000980 could lead to an even bigger crash in the next few days. Lastly, weekly chart reveals similar circumstances as prices are slowly edging towards support. Should buyers fail to push the bar over previous candle low of $0.00000972, a massive decrease to $0.000008-$0.000009 zone is probable. As of press time, SHIB is being traded at $0.00000992.



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