According to CoinStats, most cryptocurrency prices are increasing, but there are exceptions. In the case of SHIB, its price has gone up by 2% since yesterday. On the hourly chart, SHIB has established a support level at $0.00001326, and if the daily bar closes far from that level, there may be a test of resistance tomorrow. On a larger time frame, SHIB's price continues to rise, but traders should pay attention to the bar's closure in terms of its peaks. If there is a long wick, a correction to the $0.00001231 level may be expected. On the weekly chart, SHIB has once again bounced off the support level of $0.00001231, but there is a possibility of a breakout leading to a test of the $0.000011 range. At the time of writing, SHIB is trading at $0.00001352.
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