The cryptocurrency market is experiencing a correction at the end of the week, with the SHIB token's price falling by 3.34% in the last day. On the hourly chart, the SHIB price is rising after a false breakout of a local support level. If buyers can maintain control, the price may test the $0.000028 zone soon. However, on the daily time frame, buyers do not currently have enough momentum to drive growth. Sideways trading in the $0.000027-$0.00002850 range is the most likely scenario. In the midterm, it is important to watch for the weekly closure. If it occurs above $0.00002659, there is a possibility of a bounce back towards the $0.000030 area. At the time of writing, SHIB is trading at $0.00002745.



Other News from Today