Most of the coins in the crypto market are experiencing positive price movement, and SHIB has seen a 4.47% increase since yesterday. The hourly chart shows that SHIB is trading within a narrow channel, with support at $0.00002110 and resistance at $0.00002169. As the daily average true range has already been surpassed, it is unlikely that there will be any significant price movements in the near future. On the longer time frame, the price of SHIB remains within the range of the previous day's candle, indicating a neutral stance. Consolidation between $0.000021 and $0.000022 is the most likely scenario. In the midterm, it is advisable to wait for the weekly candle to close before predicting any significant price changes. At present, SHIB is trading at $0.00002148.



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