According to CoinStats, the end of the week appears bullish for the overall crypto market. The price of SHIB has increased by 1.06% in the past 24 hours. On the hourly chart, there is an attempt to break the local resistance level of $0.00001301, and if successful, the upward trend could continue towards $0.00001340. On a larger time frame, SHIB's price has been rising after bouncing off the support at $0.00001244, but for sustained growth, buyers need to push the rate towards the $0.000014 range. However, in the midterm, the outlook is less positive, as SHIB remains around the support of $0.00001266. If a breakout occurs, the decline might test the range of $0.000011 to $0.000012 by the month's end. Currently, SHIB is trading at $0.000013.
- Content Editor ( u.today )
- 2024-09-08
SHIB Prediction for September 8