According to CoinMarketCap, the crypto market is growing. Over the last 24 hours, the price of SHIB has increased by 0.09%. On the hourly chart, SHIB is near a local support level of $0.00001567, and if this support holds, a breakout could occur followed by a drop to the $0.00001550 area. On a bigger time frame, SHIB is far from main levels and volume is falling, suggesting low chances of significant price movements in the next few days. From a midterm perspective, if the weekly bar closes around current prices, consolidation between $0.000015 and $0.000017 is likely by the end of the week. Currently, SHIB is trading at $0.00001595.



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